2023
Exports
$143kWorld Rnk 86 / 168
Flag Rnk 470 / 1046
2023
PRODUCT COMPLEXITY IN Other Floating Structures
-0.72Rnk 763 / 1025
2023
Imports
$4.78MWorld Rnk 51 / 212
Flag Rnk 379 / 1151
2023
ECONOMIC COMPLEXITY of Panama
-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $143k in Other Floating Structures, making it the 86th largest exporter of Other Floating Structures in the world. At the same year, Other Floating Structures was the 470th most exported product in Panama. The main destination of Other Floating Structures exports from Panama are: Spain ($23.2k), Denmark ($23.1k), Ecuador ($18.5k), China ($14.7k), and Suriname ($13.5k).

The fastest growing export markets for Other Floating Structures of Panama between 2022 and 2023 were Denmark ($23.1k), Ecuador ($13.7k), and Suriname ($13.5k).

Imports In 2023, Panama imported $4.78M in Other Floating Structures, becoming the 51st largest importer of Other Floating Structures in the world. At the same year, Other Floating Structures was the 379th most imported product in Panama. Panama imports Other Floating Structures primarily from: Spain ($1.28M), United States ($1.15M), Netherlands ($971k), China ($509k), and Italy ($190k).

The fastest growing import markets in Other Floating Structures for Panama between 2022 and 2023 were Netherlands ($964k), China ($417k), and Spain ($308k).

Latest Trends

Dec 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 Other Floating Structures. 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 (2023)$143k
IMPORTS (2023)$4.78M
NET TRADE (2023)-$4.63M

In 2023, Panama exported $143k in Other Floating Structures. The main destinations of Panama exports on Other Floating Structures were Spain ($23.2k), Denmark ($23.1k), Ecuador ($18.5k), China ($14.7k), and Suriname ($13.5k).

In 2023, Panama imported $4.78M in Other Floating Structures, mainly from Spain ($1.28M), United States ($1.15M), Netherlands ($971k), China ($509k), and Italy ($190k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Floating Structures EXPORT MARKETS FOR Panama WERE (2022 - 2023):
Denmark$23.1k (1%)
Ecuador$13.7k (283%)
Suriname$13.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Floating Structures BY Panama WERE (2022 - 2023):
Norway-$41.5k (-90.6%)
South Korea-$37.5k (-100%)
Trinidad and Tobago-$5.49k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Other Floating Structures were:
In 2023, Panama's main importing competitors in Other Floating Structures were:

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Trade Value of Other Floating Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $5.22k
TOP IMPORT POTENTIALChina+ $153k

Other Floating Structures’s highest export potential is Spain. With an export gap of $5.22k.   Other Floating Structures’s highest import potential is China with an import gap of $153k.

See methodology.

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