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Exports In 2022, Panama exported $19.2k in Mica, making it the 60th largest exporter of Mica in the world. At the same year, Mica was the 737th most exported product in Panama. The main destination of Mica exports from Panama are: Barbados ($19.2k), Guatemala ($51), and Costa Rica ($6).

The fastest growing export markets for Mica of Panama between 2021 and 2022 were Barbados ($541) and Costa Rica ($6).

Imports In 2022, Panama imported $1.13k in Mica, becoming the 139th largest importer of Mica in the world. At the same year, Mica was the 1124th most imported product in Panama. Panama imports Mica primarily from: Colombia ($1.11k), China ($10), and Costa Rica ($5).

The fastest growing import markets in Mica for Panama between 2021 and 2022 were Colombia ($1.11k), China ($10), and Costa Rica ($5).

Latest Trends

Sep 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 Mica. 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)$19.2k
IMPORTS (2022)$1.13k
NET TRADE (2022)$18.1k

In 2022, Panama exported $19.2k in Mica. The main destinations of Panama exports on Mica were Barbados ($19.2k), Guatemala ($51), and Costa Rica ($6).

In 2022, Panama imported $1.13k in Mica, mainly from Colombia ($1.11k), China ($10), and Costa Rica ($5).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mica EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Barbados$541 (2.9%)
Costa Rica$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mica BY Panama WERE (2021 - 2022):Guatemala-$5 (-8.93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Mica were:
India $56.6M
China $52.7M
In 2022, Panama's main importing competitors in Mica were:
China $59.7M
Japan $36.9M
Germany $19.4M

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Trade Value of Mica by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $330
TOP IMPORT POTENTIALIndia+ $411

Mica’s highest export potential is China. With an export gap of $330.   Mica’s highest import potential is India with an import gap of $411.

See methodology.

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