2022
Exports
$782kWorld Rnk 32 / 153
Flag Rnk 266 / 1051
2022
PRODUCT COMPLEXITY IN Pianos
0.9Rnk 205 / 1025
2022
Imports
$1.19MWorld Rnk 59 / 191
Flag Rnk 638 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $782k in Pianos, making it the 32nd largest exporter of Pianos in the world. At the same year, Pianos was the 266th most exported product in Panama. The main destination of Pianos exports from Panama are: Chile ($739k), France ($18.6k), Guatemala ($10.8k), Aruba ($9.93k), and Jamaica ($2.33k).

The fastest growing export markets for Pianos of Panama between 2021 and 2022 were France ($11.4k), Jamaica ($2.33k), and Dominican Republic ($641).

Imports In 2022, Panama imported $1.19M in Pianos, becoming the 59th largest importer of Pianos in the world. At the same year, Pianos was the 638th most imported product in Panama. Panama imports Pianos primarily from: Malaysia ($644k), Japan ($291k), United States ($148k), China ($84.7k), and United Kingdom ($10.9k).

The fastest growing import markets in Pianos for Panama between 2021 and 2022 were Japan ($211k), United States ($107k), and Malaysia ($61.8k).

Latest Trends

May 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 Pianos. 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)$782k
IMPORTS (2022)$1.19M
NET TRADE (2022)-$408k

In 2022, Panama exported $782k in Pianos. The main destinations of Panama exports on Pianos were Chile ($739k), France ($18.6k), Guatemala ($10.8k), Aruba ($9.93k), and Jamaica ($2.33k).

In 2022, Panama imported $1.19M in Pianos, mainly from Malaysia ($644k), Japan ($291k), United States ($148k), China ($84.7k), and United Kingdom ($10.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pianos EXPORT MARKETS FOR Panama WERE (2021 - 2022):
France$11.4k (158%)
Jamaica$2.33k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pianos BY Panama WERE (2021 - 2022):
Chile-$150k (-16.9%)
Guatemala-$28.8k (-72.8%)
Aruba-$9.5k (-48.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Pianos were:
In 2022, Panama's main importing competitors in Pianos were:

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Trade Value of Pianos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $17.1k
TOP IMPORT POTENTIALJapan+ $47.7k

Pianos’s highest export potential is France. With an export gap of $17.1k.   Pianos’s highest import potential is Japan with an import gap of $47.7k.

See methodology.

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