Exports In 2022, Panama exported $6.53M in Insulated Wire, making it the 100th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 81st most exported product in Panama. The main destination of Insulated Wire exports from Panama are: Costa Rica ($2.91M), Spain ($1.18M), Suriname ($435k), Jamaica ($392k), and Guatemala ($367k).
The fastest growing export markets for Insulated Wire of Panama between 2021 and 2022 were Spain ($1.18M), Costa Rica ($984k), and Suriname ($383k).
Imports In 2022, Panama imported $176M in Insulated Wire, becoming the 77th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 28th most imported product in Panama. Panama imports Insulated Wire primarily from: China ($85.3M), Mexico ($23.2M), Costa Rica ($14.8M), United States ($11.2M), and Spain ($8.26M).
The fastest growing import markets in Insulated Wire for Panama between 2021 and 2022 were China ($22.7M), Norway ($4.78M), and Portugal ($2.29M).
COMPANIES In 2023, leading companies such as The Tile Shop (1) were at the forefront of shipping Insulated Wire from Panama to the United States.