Jordan (JOR) and Panama (PAN) Trade | The Observatory of Economic Complexity

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Jordan-Panama Trade: In 2023, Jordan exported $2.37M to Panama. The main products that Jordan exported to Panama were Other Knit Garments ($1.65M), Toilet Paper ($256k), and Other Furniture ($127k). Over the past 5 years the exports of Jordan to Panama have decreased at an annualized rate of 17.4%, from $6.18M in 2018 to $2.37M in 2023.

In 2023, Jordan did not export any services to Panama.

Panama-Jordan Trade: In 2023, Panama exported $63.5k to Jordan. The main products that Panama exported to Jordan were Styrene Polymers ($47.1k), Other Knit Garments ($6.99k), and Other Pure Vegetable Oils ($6.06k). Over the past 5 years the exports of Panama to Jordan have decreased at an annualized rate of 43.8%, from $1.13M in 2018 to $63.5k in 2023.

In 2023, Panama did not export any services to Jordan.

Comparison: In 2023, Jordan ranked 64 in the Economic Complexity Index (ECI -0.015), and 88 in total exports ($14.7B). That same year, Panama ranked 69 in the Economic Complexity Index (ECI -0.14), and 121 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jordan exported $2.37M to Panama. The main products exported from Jordan to Panama were Other Knit Garments ($1.65M), Toilet Paper ($256k), and Other Furniture ($127k). During the last 5 years the exports of Jordan to Panama have decreased at an annualized rate of 17.4%, from $6.18M in 2018 to $2.37M in 2023.

In 2018, Panama exported $63.5k to Jordan. The main products exported from Panama to Jordan were Styrene Polymers ($47.1k), Other Knit Garments ($6.99k), and Other Pure Vegetable Oils ($6.06k). During the last 5 years the exports of Panama to Jordan have decreased at an annualized rate of 43.8%, from $1.13M in 2023 to $63.5k in 2018.

Exports from Jordan () to Panama () (2023)

Exports from Panama () to Jordan () (2023)

Latest Data

Trade between Jordan () and Panama ()

Jordan Exports

Date

Panama Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jordan
Top DestinationUnited States$3.14B

Panama
Top DestinationChina$1.62B

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

In 2023, countries that imported more from Jordan than Panama included United States ($3.14B), Saudi Arabia ($1.67B), and India ($1.92B).

In 2023, countries that imported more from Panama than Jordan included China ($1.62B), Japan ($653M), and Costa Rica ($307M).

Difference in imports from Panama () and Jordan () (2023)

Comparative Advantage Jordan - Panama

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Jordan had a large net trade with Panama in the exports of Textiles ($1.67M), Paper Goods ($256k), and Miscellaneous ($239k).

During 2018, Panama had a large net trade with Jordan in the exports of Plastics and Rubbers ($47.1k), Textiles ($6.99k), and Animal and Vegetable Bi-Products ($6.06k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jordan Panama+$88.3kRolled Tobacco

Top Product Potential Panama Jordan+$33.1kTropical Fruits

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jordan () to Panama () (2023)

Exports from Panama () to Jordan () (2023)

Latest Data

Trade between Jordan () and Panama ()

Jordan Exports

Panama Exports

Market Competitiveness

Difference in imports from Panama () and Jordan () (2023)

Comparative Advantage Jordan - Panama

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jordan () and Panama () (2023)

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