2022
Exports
$775kWorld Rnk 88 / 180
Flag Rnk 267 / 1051
2022
PRODUCT COMPLEXITY IN Light Rubberized Knitted Fabric
-0.28Rnk 640 / 1025
2022
Imports
$22.6MWorld Rnk 104 / 215
Flag Rnk 186 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $775k in Light Rubberized Knitted Fabric, making it the 88th largest exporter of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 267th most exported product in Panama. The main destination of Light Rubberized Knitted Fabric exports from Panama are: Guatemala ($466k), Colombia ($81k), El Salvador ($65.4k), Paraguay ($42k), and Jamaica ($40.1k).

The fastest growing export markets for Light Rubberized Knitted Fabric of Panama between 2021 and 2022 were Paraguay ($41.7k), Colombia ($27.3k), and Jamaica ($14.9k).

Imports In 2022, Panama imported $22.6M in Light Rubberized Knitted Fabric, becoming the 104th largest importer of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 186th most imported product in Panama. Panama imports Light Rubberized Knitted Fabric primarily from: China ($15.7M), Peru ($3.63M), Chinese Taipei ($1.94M), United States ($373k), and Mexico ($249k).

The fastest growing import markets in Light Rubberized Knitted Fabric for Panama between 2021 and 2022 were China ($4.66M), Chinese Taipei ($882k), and Peru ($404k).

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 Light Rubberized Knitted Fabric. 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)$775k
IMPORTS (2022)$22.6M
NET TRADE (2022)-$21.9M

In 2022, Panama exported $775k in Light Rubberized Knitted Fabric. The main destinations of Panama exports on Light Rubberized Knitted Fabric were Guatemala ($466k), Colombia ($81k), El Salvador ($65.4k), Paraguay ($42k), and Jamaica ($40.1k).

In 2022, Panama imported $22.6M in Light Rubberized Knitted Fabric, mainly from China ($15.7M), Peru ($3.63M), Chinese Taipei ($1.94M), United States ($373k), and Mexico ($249k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Light Rubberized Knitted Fabric EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Paraguay$41.7k (13.5k%)
Colombia$27.3k (50.9%)
Jamaica$14.9k (59.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Rubberized Knitted Fabric BY Panama WERE (2021 - 2022):
Guatemala-$257k (-35.6%)
Dominican Republic-$163k (-99.8%)
Costa Rica-$143k (-81.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Light Rubberized Knitted Fabric were:
In 2022, Panama's main importing competitors in Light Rubberized Knitted Fabric were:

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Trade Value of Light Rubberized Knitted Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $476
TOP IMPORT POTENTIALChina+ $17.4k

Light Rubberized Knitted Fabric’s highest export potential is United States. With an export gap of $476.   Light Rubberized Knitted Fabric’s highest import potential is China with an import gap of $17.4k.

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