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Pricing

2022
Flag → Flag
Exports $34.8MRnk 33 / 153
2022
Flag → Flag
Top Product $14.7MPackaged Medicaments
2022
Flag → Flag
Exports $609MRnk 19 / 180
2022
Flag → Flag
Top Product $446MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.19Rnk 51 / 124
2022
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Economic Complexity (ECI) ECI -0.66Rnk 87 / 124
2022
Flag  
GDP$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
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GDP GROWTH89.3%CURRENT US$
Rnk 19 / 186
2022
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 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $17,358CURRENT US$
Rnk 59 / 186
2012-2022
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GDP PC GROWTH61.2%CURRENT US$
Rnk 26 / 186
2022
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GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Panama-Peru In 2022, Panama exported $34.8M to Peru. The main products that Panama exported to Peru are Packaged Medicaments ($14.7M), Aluminium Plating ($5.06M), and Refined Petroleum ($3.1M). During the last 27 years the exports of Panama to Peru have increased at an annualized rate of 0.34%, from $31.8M in 1995 to $34.8M in 2022.

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

Peru-Panama In 2022, Peru exported $609M to Panama. The main products that Peru exported to Panama were Refined Petroleum ($446M), Bananas ($23.8M), and Grapes ($8.79M). During the last 27 years the exports of Peru to Panama have increased at an annualized rate of 13%, from $22.6M in 1995 to $609M in 2022.

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

Comparison In 2022,  Panama ranked 51 in the Economic Complexity Index (ECI 0.19), and 119 in total exports ($6.62B). That same year, Peru ranked 87 in the Economic Complexity Index (ECI -0.66), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Panama exported $34.8M to Peru. The main products exported from Panama to Peru were Packaged Medicaments ($14.7M), Aluminium Plating ($5.06M), and Refined Petroleum ($3.1M). During the last 27 years the exports of Panama to Peru have increased at an annualized rate of 0.34%, from $31.8M in 1995 to $34.8M in 2022.

In 2022, Peru exported $609M to Panama. The main products exported from Peru to Panama were Refined Petroleum ($446M), Bananas ($23.8M), and Grapes ($8.79M). During the last 27 years the exports of Peru to Panama have increased at an annualized rate of 13%, from $22.6M in 1995 to $609M in 2022.

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

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

Latest Data

Trade between Panama (Flag) and Peru (Flag)

Panama Exports

Peru Exports

Market Competitiveness

Color
Panama
Top DestinationChina$1.14B
Peru
Top DestinationChina$17.6B

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

In 2021, countries that imported more from Panama than Peru were Thailand ($295M), Costa Rica ($242M), and Jamaica ($99.7M).

In 2021, countries that imported more from Peru than Panama were China ($17.6B), United States ($8.69B), and Canada ($2.69B).

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

Comparative Advantage Panama - Peru

Flow
Scale

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

During 2022, Panama had a large net trade with Peru in the exports of Chemical Products ($15.5M), Metals ($5.49M), and Foodstuffs ($3.24M).

During 2022, Peru had a large net trade with Panama in the exports of Mineral Products ($446M), Vegetable Products ($44.6M), and Foodstuffs ($23M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Panama has comparative advantage over Peru. Similarly, the more yellow a dot/product is, the more Peru has comparative advantage over Panama.

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

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