undefined
Exports
$2.26MWorld Rnk 44 / 134
Flag Rnk 155 / 1046
falsefalse Germany
undefined
Imports
$505kWorld Rnk 51 / 159
Flag Rnk 765 / 1151
N/A
ECONOMIC COMPLEXITY of Panama
0.32Rnk 51 / 3101

About

Exports In N/A, Panama exported $2.26M in Cocoa Beans, making it the 44th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 155th most exported product in Panama. The main destination of Cocoa Beans exports from Panama are: Germany ($678k), Switzerland ($579k), Argentina ($312k), Costa Rica ($203k), and Poland ($143k).

Imports In N/A, Panama imported $505k in Cocoa Beans, becoming the 51st largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 765th most imported product in Panama. Panama imports Cocoa Beans primarily from: Ecuador ($274k), Costa Rica ($230k), United States ($542), and Brazil ($350).

Latest Trends

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Subnational Monthly Trade

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The following visualization shows the latest trends on Cocoa Beans. 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 (2023)$2.26M
IMPORTS (2023)$505k
NET TRADE (2023)$1.75M

In 2023, Panama exported $2.26M in Cocoa Beans. The main destinations of Panama exports on Cocoa Beans were Germany ($678k), Switzerland ($579k), Argentina ($312k), Costa Rica ($203k), and Poland ($143k).

In 2023, Panama imported $505k in Cocoa Beans, mainly from Ecuador ($274k), Costa Rica ($230k), United States ($542), and Brazil ($350).

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Market Growth

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Market Concentration

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In N/A, Panama's main exporting competitors in Cocoa Beans were:
In N/A, Panama's main importing competitors in Cocoa Beans were:

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Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $244k
TOP IMPORT POTENTIALEcuador+ $65k

Cocoa Beans’s highest export potential is Germany. With an export gap of $244k.   Cocoa Beans’s highest import potential is Ecuador with an import gap of $65k.

See methodology.

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