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2022
Exports $686kWorld Rnk 69 / 181
Flag Rnk 285 / 1051
2022
Destination $71.4k Barbados
2021 - 2022
FASTEST GROWING MARKET $71.4kBelize
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Undergarments-1.31Rnk 914 / 1025
2022
Imports $1.77MWorld Rnk 74 / 214
Flag Rnk 575 / 1153
2022
Origin $133k China
2021 - 2022
FASTEST GROWING ORIGIN $133kSri Lanka
2022
ECONOMIC COMPLEXITY of Panama0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $686k in Non-Knit Men's Undergarments, making it the 69th largest exporter of Non-Knit Men's Undergarments in the world. At the same year, Non-Knit Men's Undergarments was the 285th most exported product in Panama. The main destination of Non-Knit Men's Undergarments exports from Panama are: Barbados ($98.9k), Belize ($96.3k), Chile ($91.2k), Suriname ($76.3k), and Aruba ($68.1k).

The fastest growing export markets for Non-Knit Men's Undergarments of Panama between 2021 and 2022 were Belize ($71.4k), Ecuador ($62.3k), and Barbados ($45.8k).

Imports In 2022, Panama imported $1.77M in Non-Knit Men's Undergarments, becoming the 74th largest importer of Non-Knit Men's Undergarments in the world. At the same year, Non-Knit Men's Undergarments was the 575th most imported product in Panama. Panama imports Non-Knit Men's Undergarments primarily from: China ($787k), United States ($417k), Sri Lanka ($170k), India ($120k), and Spain ($55.8k).

The fastest growing import markets in Non-Knit Men's Undergarments for Panama between 2021 and 2022 were Sri Lanka ($133k), China ($131k), and India ($67.9k).

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 Non-Knit Men's Undergarments. 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)$686k
IMPORTS (2022)$1.77M
NET TRADE (2022)-$1.08M

In 2022, Panama exported $686k in Non-Knit Men's Undergarments. The main destinations of Panama exports on Non-Knit Men's Undergarments were Barbados ($98.9k), Belize ($96.3k), Chile ($91.2k), Suriname ($76.3k), and Aruba ($68.1k).

In 2022, Panama imported $1.77M in Non-Knit Men's Undergarments, mainly from China ($787k), United States ($417k), Sri Lanka ($170k), India ($120k), and Spain ($55.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Undergarments EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Belize$71.4k (288%)
Ecuador$62.3k (1%)
Barbados$45.8k (86.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Undergarments BY Panama WERE (2021 - 2022):
Guatemala-$191k (-91.3%)
Dominican Republic-$88.4k (-94.2%)
Chile-$55k (-37.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Non-Knit Men's Undergarments were:
China $459M
Bangladesh $137M
Vietnam $131M
In 2022, Panama's main importing competitors in Non-Knit Men's Undergarments were:
United States $360M
Japan $134M
Germany $99.4M

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Trade Value of Non-Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.8k
TOP IMPORT POTENTIALIndia+ $87.4k

Non-Knit Men's Undergarments’s highest export potential is United States. With an export gap of $29.8k.   Non-Knit Men's Undergarments’s highest import potential is India with an import gap of $87.4k.

See methodology.

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