2022
Exports
$118MWorld Rnk 94 / 176
Flag Rnk 7 / 1051
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$3.51MWorld Rnk 107 / 178
Flag Rnk 470 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $118M in Gold, making it the 94th largest exporter of Gold in the world. At the same year, Gold was the 7th most exported product in Panama. The main destination of Gold exports from Panama are: Switzerland ($48.2M), Italy ($35.8M), United States ($24.9M), Turkey ($5.41M), and France ($2.36M).

The fastest growing export markets for Gold of Panama between 2021 and 2022 were Switzerland ($10.9M), Italy ($6.73M), and Turkey ($2.69M).

Imports In 2022, Panama imported $3.51M in Gold, becoming the 107th largest importer of Gold in the world. At the same year, Gold was the 470th most imported product in Panama. Panama imports Gold primarily from: Switzerland ($1.96M), United States ($1.29M), Canada ($140k), Italy ($32.7k), and Germany ($31.3k).

The fastest growing import markets in Gold for Panama between 2021 and 2022 were Switzerland ($1.3M), United States ($319k), and Canada ($140k).

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 Gold. 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)$118M
IMPORTS (2022)$3.51M
NET TRADE (2022)$114M

In 2022, Panama exported $118M in Gold. The main destinations of Panama exports on Gold were Switzerland ($48.2M), Italy ($35.8M), United States ($24.9M), Turkey ($5.41M), and France ($2.36M).

In 2022, Panama imported $3.51M in Gold, mainly from Switzerland ($1.96M), United States ($1.29M), Canada ($140k), Italy ($32.7k), and Germany ($31.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Switzerland$10.9M (29.3%)
Italy$6.73M (23.2%)
Turkey$2.69M (98.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Panama WERE (2021 - 2022):
France-$2.01M (-46%)
United States-$1.88M (-7%)
Nicaragua-$378k (-22.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

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