2022
Exports
$261kWorld Rnk 94 / 187
Flag Rnk 412 / 1051
2022
PRODUCT COMPLEXITY IN Ink
0.41Rnk 404 / 1025
2022
Imports
$9.41MWorld Rnk 87 / 222
Flag Rnk 312 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $261k in Ink, making it the 94th largest exporter of Ink in the world. At the same year, Ink was the 412th most exported product in Panama. The main destination of Ink exports from Panama are: Barbados ($126k), Chile ($41.9k), Guatemala ($40.7k), Bahamas ($22.1k), and France ($7.1k).

The fastest growing export markets for Ink of Panama between 2021 and 2022 were Barbados ($73.2k), Bahamas ($22.1k), and France ($6.25k).

Imports In 2022, Panama imported $9.41M in Ink, becoming the 87th largest importer of Ink in the world. At the same year, Ink was the 312th most imported product in Panama. Panama imports Ink primarily from: United States ($7.02M), Spain ($334k), Mexico ($268k), Colombia ($241k), and China ($214k).

The fastest growing import markets in Ink for Panama between 2021 and 2022 were United States ($1.81M), Colombia ($220k), and Spain ($184k).

Latest Trends

Oct 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 Ink. 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)$261k
IMPORTS (2022)$9.41M
NET TRADE (2022)-$9.15M

In 2022, Panama exported $261k in Ink. The main destinations of Panama exports on Ink were Barbados ($126k), Chile ($41.9k), Guatemala ($40.7k), Bahamas ($22.1k), and France ($7.1k).

In 2022, Panama imported $9.41M in Ink, mainly from United States ($7.02M), Spain ($334k), Mexico ($268k), Colombia ($241k), and China ($214k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Barbados$73.2k (138%)
Bahamas$22.1k (1%)
France$6.25k (732%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink BY Panama WERE (2021 - 2022):
Cayman Islands-$532k (-100%)
Guatemala-$48k (-54.2%)
Ecuador-$47.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ink by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $15.8k
TOP IMPORT POTENTIALChina+ $290k

Ink’s highest export potential is France. With an export gap of $15.8k.   Ink’s highest import potential is China with an import gap of $290k.

See methodology.

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