2022
Exports
$191MWorld Rnk 15 / 161
Flag Rnk 4 / 1051
2022
PRODUCT COMPLEXITY IN Bananas
-1.99Rnk 1001 / 1025
2022
Imports
$23.9MWorld Rnk 55 / 196
Flag Rnk 172 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $191M in Bananas, making it the 15th largest exporter of Bananas in the world. At the same year, Bananas was the 4th most exported product in Panama. The main destination of Bananas exports from Panama are: Netherlands ($53.5M), Germany ($24.4M), United Kingdom ($21.6M), United States ($21.5M), and Finland ($13.8M).

The fastest growing export markets for Bananas of Panama between 2021 and 2022 were Poland ($4.95M), Hong Kong ($3.89M), and Germany ($2.21M).

Imports In 2022, Panama imported $23.9M in Bananas, becoming the 55th largest importer of Bananas in the world. At the same year, Bananas was the 172nd most imported product in Panama. Panama imports Bananas primarily from: Peru ($23.8M), Brazil ($35.5k), Angola ($25.2k), United States ($15.2k), and United Kingdom ($12.5k).

The fastest growing import markets in Bananas for Panama between 2021 and 2022 were Angola ($25.2k), United States ($14k), and Brazil ($8.85k).

Latest Trends

Apr 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bananas. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$191M
IMPORTS (2022)$23.9M
NET TRADE (2022)$167M

In 2022, Panama exported $191M in Bananas. The main destinations of Panama exports on Bananas were Netherlands ($53.5M), Germany ($24.4M), United Kingdom ($21.6M), United States ($21.5M), and Finland ($13.8M).

In 2022, Panama imported $23.9M in Bananas, mainly from Peru ($23.8M), Brazil ($35.5k), Angola ($25.2k), United States ($15.2k), and United Kingdom ($12.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Poland$4.95M (100%)
Hong Kong$3.89M (222%)
Germany$2.21M (9.94%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Panama WERE (2021 - 2022):
Netherlands-$48.2M (-47.4%)
United States-$23.9M (-52.7%)
Finland-$11.4M (-45.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Bananas were:
In 2022, Panama's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

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