2022
Flag  
GDP
$1.76BCURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP GROWTH
46.5%CURRENT US$
Rnk 72 / 186
2022
Flag
 GDP
$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP GROWTH
89.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC 
$18,745CURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP PC GROWTH
37%CURRENT US$
Rnk 54 / 186
2022
Flag
GDP PC
$17,358CURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP PC GROWTH
61.2%CURRENT US$
Rnk 26 / 186

About

Antigua and Barbuda-Panama Trade: In 2022, Antigua and Barbuda exported $258k to Panama. The main products that Antigua and Barbuda exported to Panama were Refined Petroleum ($255k), Other Domestic Electric Housewares ($740), and Other Cloth Articles ($370). Over the past 5 years the exports of Antigua and Barbuda to Panama have increased at an annualized rate of 224%, from $722 in 2017 to $258k in 2022.

In 2022, Antigua and Barbuda did not export any services to Panama.

Panama-Antigua and Barbuda Trade: In 2022, Panama exported $3.75M to Antigua and Barbuda. The main products that Panama exported to Antigua and Barbuda were Packaged Medicaments ($671k), Processed Fish ($218k), and Light Fixtures ($211k). Over the past 5 years the exports of Panama to Antigua and Barbuda have decreased at an annualized rate of 8.48%,  from $5.84M in 2017 to $3.75M in 2022.

In 2022, Panama did not export any services to Antigua and Barbuda.

Comparison In 2022,  Antigua and Barbuda ranked 188 in total exports ($199M), and does not have data regarding Economic Complexity Index. 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, Antigua and Barbuda exported $258k to Panama. The main products exported from Antigua and Barbuda to Panama were Refined Petroleum ($255k), Other Domestic Electric Housewares ($740), and Other Cloth Articles ($370). During the last 5 years the exports of Antigua and Barbuda to Panama have increased at an annualized rate of 224%, from $722 in 2017 to $258k in 2022.

In 2017, Panama exported $3.75M to Antigua and Barbuda. The main products exported from Panama to Antigua and Barbuda were Packaged Medicaments ($671k), Processed Fish ($218k), and Light Fixtures ($211k). During the last 5 years the exports of Panama to Antigua and Barbuda have decreased at an annualized rate of 8.48%, from $5.84M in 2022 to $3.75M in 2017.

Exports from Antigua and Barbuda (Flag) to Panama (Flag) (2022)

Exports from Panama (Flag) to Antigua and Barbuda (Flag) (2022)

Latest Data

Trade between Antigua and Barbuda (Flag) and Panama (Flag)

Antigua and Barbuda Exports

Panama Exports

Market Competitiveness

Color
Antigua and Barbuda
Top Destination
Suriname$54.9M
Panama
Top Destination
China$1.14B

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

In 2022, countries that imported more from Antigua and Barbuda than Panama included Suriname ($54.9M), Saint Martin ($4.63M), and Australia ($6.7M).

In 2022, countries that imported more from Panama than Antigua and Barbuda included China ($1.14B), Japan ($785M), and South Korea ($539M).

Difference in imports from Panama (Flag) and Antigua and Barbuda (Flag) (2022)

Comparative Advantage Antigua and Barbuda - Panama

Flow
Scale

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

During 2022, Antigua and Barbuda had a large net trade with Panama in the exports of Mineral Products ($255k), Machines ($1.85k), and Textiles ($740).

During 2017, Panama had a large net trade with Antigua and Barbuda in the exports of Machines ($949k), Chemical Products ($698k), and Foodstuffs ($442k).

Economic Complexity

Competitive Landscape

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

Product Space of Antigua and Barbuda (Flag) and Panama (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with