Brazil-Panama Trade: In 2022, Brazil exported $873M to Panama. The main products that Brazil exported to Panama were Refined Petroleum ($467M), Corn ($57.8M), and Cars ($43.2M). Over the past 5 years the exports of Brazil to Panama have increased at an annualized rate of 6.62%, from $633M in 2017 to $873M in 2022.
In 2022, Brazil did not export any services to Panama.
Panama-Brazil Trade: In 2022, Panama exported $14.7M to Brazil. The main products that Panama exported to Brazil were Scrap Aluminium ($9.56M), Steel Ingots ($1.74M), and Diamonds ($556k). Over the past 5 years the exports of Panama to Brazil have decreased at an annualized rate of 20.2%, from $45.4M in 2017 to $14.7M in 2022.
In 2022, Panama did not export any services to Brazil.
Comparison: In 2022, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B).