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2022
Flag → Flag
Exports $234MRnk 55 / 168
2022
Flag → Flag
Top Product $81.9MDelivery Trucks
2022
Flag → Flag
Exports $785kRnk 89 / 153
2022
Flag → Flag
Top Product $279kRubber
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.17Rnk 56 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP GROWTH89.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$17,358CURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP PC GROWTH61.2%CURRENT US$
Rnk 26 / 186

About

Argentina-Panama Trade: In 2022, Argentina exported $234M to Panama. The main products that Argentina exported to Panama were Delivery Trucks ($81.9M), Cars ($73.7M), and Soybean Oil ($30.3M). Over the past 5 years the exports of Argentina to Panama have increased at an annualized rate of 9.55%, from $149M in 2017 to $234M in 2022.

In 2022, Argentina did not export any services to Panama.

Panama-Argentina Trade: In 2022, Panama exported $785k to Argentina. The main products that Panama exported to Argentina were Rubber ($279k), Cocoa Beans ($185k), and Polyacetals ($57.6k). Over the past 5 years the exports of Panama to Argentina have decreased at an annualized rate of 56.6%,  from $50.7M in 2017 to $785k in 2022.

In 2022, Panama did not export any services to Argentina.

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $234M to Panama. The main products exported from Argentina to Panama were Delivery Trucks ($81.9M), Cars ($73.7M), and Soybean Oil ($30.3M). During the last 5 years the exports of Argentina to Panama have increased at an annualized rate of 9.55%, from $149M in 2017 to $234M in 2022.

In 2017, Panama exported $785k to Argentina. The main products exported from Panama to Argentina were Rubber ($279k), Cocoa Beans ($185k), and Polyacetals ($57.6k). During the last 5 years the exports of Panama to Argentina have decreased at an annualized rate of 56.6%, from $50.7M in 2022 to $785k in 2017.

Exports from Argentina (Flag) to Panama (Flag) (2022)

Exports from Panama (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Panama (Flag)

Argentina Exports

Panama Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Panama
Top DestinationChina$1.14B

This map shows whether countries import more from Argentina or Panama. Each country is colored based on the difference in imports they receive from Argentina and Panama or the difference in the growth in imports.

In 2022, countries that imported more from Argentina than Panama included Brazil ($12.6B), China ($8B), and United States ($6.99B).

In 2022, countries that imported more from Panama than Argentina included Bulgaria ($176M), Costa Rica ($242M), and Jamaica ($99.7M).

Difference in imports from Panama (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Panama

Flow
Scale

This chart compares trade between Argentina and Panama by product, considering products traded by both, Argentina and Panama.

During 2022, Argentina had a large net trade with Panama in the exports of Transportation ($156M), Animal and Vegetable Bi-Products ($36M), and Chemical Products ($14.2M).

During 2017, Panama had a large net trade with Argentina in the exports of Plastics and Rubbers ($383k), Foodstuffs ($185k), and Machines ($134k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Panama+$3.7MPackaged Medicaments
Top Product Potential Panama Argentina+$5.28kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Panama. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Panama. Similarly, a dot/product with the flag of Panama indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Panama (Flag) (2022)

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