2018
Exports
$44.3kWorld Rnk 89 / 141
Flag Rnk 641 / 1051
2022
PRODUCT COMPLEXITY IN Pile Fabric
0.18Rnk 494 / 1025
2018
Imports
$1.18MWorld Rnk 123 / 195
Flag Rnk 639 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2018, Panama exported $44.3k in Pile Fabric, making it the 89th largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 641st most exported product in Panama. The main destination of Pile Fabric exports from Panama are: Chile ($21.8k), Colombia ($11.3k), El Salvador ($9.15k), Costa Rica ($817), and Aruba ($707).

The fastest growing export markets for Pile Fabric of Panama between 2021 and 2022 were Chile ($21.8k), El Salvador ($9.03k), and Aruba ($707).

Imports In 2022, Panama imported $1.18M in Pile Fabric, becoming the 123rd largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 639th most imported product in Panama. Panama imports Pile Fabric primarily from: China ($971k), United States ($188k), Belgium ($5.64k), Turkey ($4.53k), and Brazil ($4.28k).

The fastest growing import markets in Pile Fabric for Panama between 2021 and 2022 were China ($366k), Turkey ($4.53k), and Brazil ($4.28k).

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 Pile Fabric. 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)$44.3k
IMPORTS (2022)$1.18M
NET TRADE (2022)-$1.14M

In 2022, Panama exported $44.3k in Pile Fabric. The main destinations of Panama exports on Pile Fabric were Chile ($21.8k), Colombia ($11.3k), El Salvador ($9.15k), Costa Rica ($817), and Aruba ($707).

In 2022, Panama imported $1.18M in Pile Fabric, mainly from China ($971k), United States ($188k), Belgium ($5.64k), Turkey ($4.53k), and Brazil ($4.28k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Chile$21.8k (1%)
El Salvador$9.03k (7.65k%)
Aruba$707 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY Panama WERE (2021 - 2022):
Colombia-$20.4k (-64.3%)
Jamaica-$8.01k (-97%)
Canada-$3.74k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $14.7k
TOP IMPORT POTENTIALChina+ $421k

Pile Fabric’s highest export potential is Colombia. With an export gap of $14.7k.   Pile Fabric’s highest import potential is China with an import gap of $421k.

See methodology.

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