2018
Exports
$8.45MWorld Rnk 82 / 180
Flag Rnk 66 / 1051
2022
PRODUCT COMPLEXITY IN Rolled Tobacco
-0.8Rnk 780 / 1025
2018
Imports
$115MWorld Rnk 52 / 221
Flag Rnk 52 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2018, Panama exported $8.45M in Rolled Tobacco, making it the 82nd largest exporter of Rolled Tobacco in the world. At the same year, Rolled Tobacco was the 66th most exported product in Panama. The main destination of Rolled Tobacco exports from Panama are: Aruba ($5.77M), United States ($1.46M), Hong Kong ($327k), Costa Rica ($261k), and Serbia ($170k).

The fastest growing export markets for Rolled Tobacco of Panama between 2021 and 2022 were United States ($835k), Costa Rica ($261k), and Belize ($145k).

Imports In 2022, Panama imported $115M in Rolled Tobacco, becoming the 52nd largest importer of Rolled Tobacco in the world. At the same year, Rolled Tobacco was the 52nd most imported product in Panama. Panama imports Rolled Tobacco primarily from: United Arab Emirates ($45.4M), South Korea ($28.3M), China ($13.7M), India ($8.49M), and United States ($5.17M).

The fastest growing import markets in Rolled Tobacco for Panama between 2021 and 2022 were South Korea ($15.4M), Honduras ($3.37M), and India ($2.65M).

COMPANIES In 2023, leading companies such as Family Tobacco Traders (31) were at the forefront of shipping Rolled Tobacco from Panama to the United States.

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 Rolled Tobacco. 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)$8.45M
IMPORTS (2022)$115M
NET TRADE (2022)-$107M

In 2022, Panama exported $8.45M in Rolled Tobacco. The main destinations of Panama exports on Rolled Tobacco were Aruba ($5.77M), United States ($1.46M), Hong Kong ($327k), Costa Rica ($261k), and Serbia ($170k).

In 2022, Panama imported $115M in Rolled Tobacco, mainly from United Arab Emirates ($45.4M), South Korea ($28.3M), China ($13.7M), India ($8.49M), and United States ($5.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rolled Tobacco EXPORT MARKETS FOR Panama WERE (2021 - 2022):
United States$835k (135%)
Costa Rica$261k (1%)
Belize$145k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolled Tobacco BY Panama WERE (2021 - 2022):
Aruba-$3.03M (-34.4%)
Guatemala-$257k (-99.6%)
Chile-$87.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rolled Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $886k
TOP IMPORT POTENTIALHonduras+ $1.18M

Rolled Tobacco’s highest export potential is United States. With an export gap of $886k.   Rolled Tobacco’s highest import potential is Honduras with an import gap of $1.18M.

See methodology.

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