Qatar (QAT) and Panama (PAN) Trade | The Observatory of Economic Complexity

About

Qatar-Panama Trade: In 2023, Qatar exported $1.44M to Panama. The main products that Qatar exported to Panama were N/A. Over the past 5 years the exports of Qatar to Panama have increased at an annualized rate of 5.12%, from $1.12M in 2018 to $1.44M in 2023.

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

Panama-Qatar In N/A, Panama did not export any products to Qatar.

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

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). 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, Qatar exported $1.44M to Panama. There were not main exports from Qatar to Panama in 2023. During the last 5 years the exports of Qatar to Panama have increased at an annualized rate of 5.12%, from $1.12M in 2018 to $1.44M in 2023.

Panama does not register exports to Qatar. The main products exported from Panama to Qatar were Coffee ($11.6k).

Exports from Qatar () to Panama () (2023)

Exports from Panama () to Qatar () (2023)

Latest Data

Trade between Qatar () and Panama ()

Qatar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Panama
Top DestinationChina$1.62B

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

In 2023, countries that imported more from Qatar than Panama included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

In 2023, countries that imported more from Panama than Qatar included Costa Rica ($307M), Denmark ($239M), and Dominican Republic ($148M).

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

Comparative Advantage Qatar - Panama

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Panama in the exports of Chemical Products ($1.24M), Machines ($89.9k), and Instruments ($55k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Panama+$229kRefined Petroleum

Top Product Potential Panama Qatar+$15.1kCoffee

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Panama () (2023)

Exports from Panama () to Qatar () (2023)

Latest Data

Trade between Qatar () and Panama ()

Qatar Exports

Market Competitiveness

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

Comparative Advantage Qatar - Panama

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring