2023
Exports
$20.7MWorld Rnk 60 / 176
Flag Rnk 24 / 1046
2023
PRODUCT COMPLEXITY IN Fish Fillets
-1.21Rnk 880 / 1025
2023
Imports
$20.5MWorld Rnk 61 / 222
Flag Rnk 173 / 1151
2023
ECONOMIC COMPLEXITY of Panama
-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $20.7M in Fish Fillets, making it the 60th largest exporter of Fish Fillets in the world. At the same year, Fish Fillets was the 24th most exported product in Panama. The main destination of Fish Fillets exports from Panama are: United States ($15.7M), Guatemala ($950k), Colombia ($611k), El Salvador ($382k), and Belgium ($363k).

The fastest growing export markets for Fish Fillets of Panama between 2022 and 2023 were United States ($479k), Belgium ($363k), and France ($186k).

Imports In 2023, Panama imported $20.5M in Fish Fillets, becoming the 61st largest importer of Fish Fillets in the world. At the same year, Fish Fillets was the 173rd most imported product in Panama. Panama imports Fish Fillets primarily from: Chile ($13.9M), Vietnam ($4.08M), China ($984k), Brazil ($466k), and United States ($245k).

The fastest growing import markets in Fish Fillets for Panama between 2022 and 2023 were Chile ($1.42M), Brazil ($287k), and Peru ($187k).

Latest Trends

Dec 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 Fish Fillets. 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)$20.7M
IMPORTS (2023)$20.5M
NET TRADE (2023)$182k

In 2023, Panama exported $20.7M in Fish Fillets. The main destinations of Panama exports on Fish Fillets were United States ($15.7M), Guatemala ($950k), Colombia ($611k), El Salvador ($382k), and Belgium ($363k).

In 2023, Panama imported $20.5M in Fish Fillets, mainly from Chile ($13.9M), Vietnam ($4.08M), China ($984k), Brazil ($466k), and United States ($245k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fish Fillets EXPORT MARKETS FOR Panama WERE (2022 - 2023):
United States$479k (3.14%)
Belgium$363k (1%)
France$186k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish Fillets BY Panama WERE (2022 - 2023):
Mexico-$506k (-73.5%)
Aruba-$293k (-56.4%)
El Salvador-$156k (-29%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Fish Fillets were:
Chile $4.39B
Norway $4.28B
China $3.57B
In 2023, Panama's main importing competitors in Fish Fillets were:

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Trade Value of Fish Fillets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.13M
TOP IMPORT POTENTIALChina+ $886k

Fish Fillets’s highest export potential is United States. With an export gap of $7.13M.   Fish Fillets’s highest import potential is China with an import gap of $886k.

See methodology.

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