2022
Exports
$50.8kWorld Rnk 99 / 164
Flag Rnk 623 / 1051
2022
PRODUCT COMPLEXITY IN Metal Insulating Fittings
1.18Rnk 110 / 1025
2022
Imports
$731kWorld Rnk 120 / 214
Flag Rnk 715 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $50.8k in Metal Insulating Fittings, making it the 99th largest exporter of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 623rd most exported product in Panama. The main destination of Metal Insulating Fittings exports from Panama are: Colombia ($15.8k), Costa Rica ($11.7k), Aruba ($8.45k), Dominican Republic ($6.09k), and Jamaica ($5.59k).

The fastest growing export markets for Metal Insulating Fittings of Panama between 2021 and 2022 were Colombia ($12.9k), Aruba ($6.74k), and Dominican Republic ($6.09k).

Imports In 2022, Panama imported $731k in Metal Insulating Fittings, becoming the 120th largest importer of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 715th most imported product in Panama. Panama imports Metal Insulating Fittings primarily from: China ($267k), United States ($169k), Canada ($57.6k), Brazil ($54.3k), and Italy ($52.7k).

The fastest growing import markets in Metal Insulating Fittings for Panama between 2021 and 2022 were China ($185k), Brazil ($51.1k), and United States ($30.2k).

COMPANIES In 2023, leading companies such as Electrolux (2) were at the forefront of shipping Metal Insulating Fittings from Panama to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Metal Insulating Fittings. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$50.8k
IMPORTS (2022)$731k
NET TRADE (2022)-$680k

In 2022, Panama exported $50.8k in Metal Insulating Fittings. The main destinations of Panama exports on Metal Insulating Fittings were Colombia ($15.8k), Costa Rica ($11.7k), Aruba ($8.45k), Dominican Republic ($6.09k), and Jamaica ($5.59k).

In 2022, Panama imported $731k in Metal Insulating Fittings, mainly from China ($267k), United States ($169k), Canada ($57.6k), Brazil ($54.3k), and Italy ($52.7k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Insulating Fittings EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Colombia$12.9k (442%)
Aruba$6.74k (395%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Insulating Fittings BY Panama WERE (2021 - 2022):
Costa Rica-$8.27k (-41.5%)
Burundi-$4.73k (-100%)
Ecuador-$1.81k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Panama's main exporting competitors in Metal Insulating Fittings were:
Germany $1.34B
China $989M
Japan $738M
In 2022, Panama's main importing competitors in Metal Insulating Fittings were:

Explore Visualizations

Trade Value of Metal Insulating Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $7.02k
TOP IMPORT POTENTIALChina+ $144k

Metal Insulating Fittings’s highest export potential is Colombia. With an export gap of $7.02k.   Metal Insulating Fittings’s highest import potential is China with an import gap of $144k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with