2022
Exports
$41.3kWorld Rnk 91 / 147
Flag Rnk 653 / 1051
2022
PRODUCT COMPLEXITY IN Antifreeze
0.47Rnk 375 / 1025
2022
Imports
$2.7MWorld Rnk 83 / 215
Flag Rnk 504 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $41.3k in Antifreeze, making it the 91st largest exporter of Antifreeze in the world. At the same year, Antifreeze was the 653rd most exported product in Panama. The main destination of Antifreeze exports from Panama are: Costa Rica ($22.2k), United States ($10k), Guyana ($2.98k), Trinidad and Tobago ($2.95k), and Guatemala ($1.87k).

The fastest growing export markets for Antifreeze of Panama between 2021 and 2022 were United States ($10k), Costa Rica ($8.86k), and Guyana ($2.98k).

Imports In 2022, Panama imported $2.7M in Antifreeze, becoming the 83rd largest importer of Antifreeze in the world. At the same year, Antifreeze was the 504th most imported product in Panama. Panama imports Antifreeze primarily from: United States ($2.19M), Mexico ($121k), Germany ($81.7k), Spain ($62.7k), and Costa Rica ($50.3k).

The fastest growing import markets in Antifreeze for Panama between 2021 and 2022 were United States ($343k), Guatemala ($35.8k), and Norway ($34.4k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Antifreeze. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41.3k
IMPORTS (2022)$2.7M
NET TRADE (2022)-$2.66M

In 2022, Panama exported $41.3k in Antifreeze. The main destinations of Panama exports on Antifreeze were Costa Rica ($22.2k), United States ($10k), Guyana ($2.98k), Trinidad and Tobago ($2.95k), and Guatemala ($1.87k).

In 2022, Panama imported $2.7M in Antifreeze, mainly from United States ($2.19M), Mexico ($121k), Germany ($81.7k), Spain ($62.7k), and Costa Rica ($50.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Antifreeze EXPORT MARKETS FOR Panama WERE (2021 - 2022):
United States$10k (1%)
Costa Rica$8.86k (66.6%)
Guyana$2.98k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Antifreeze BY Panama WERE (2021 - 2022):
Grenada-$8.22k (-100%)
Aruba-$2.12k (-94.7%)
Dominica-$542 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Antifreeze were:
In 2022, Panama's main importing competitors in Antifreeze were:

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Trade Value of Antifreeze by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.3k
TOP IMPORT POTENTIALGermany+ $82k

Antifreeze’s highest export potential is United States. With an export gap of $10.3k.   Antifreeze’s highest import potential is Germany with an import gap of $82k.

See methodology.

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