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2022
Exports $881World Rnk 80 / 92
Flag Rnk 949 / 1051
falsefalse Guatemala
2021 - 2022
FASTEST GROWING MARKETfalseParaguay
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery1.99Rnk 5 / 1025
2022
Imports $5.12kWorld Rnk 140 / 168
Flag Rnk 1094 / 1153
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Panama0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $881 in Artificial Textile Machinery, making it the 80th largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 949th most exported product in Panama. The main destination of Artificial Textile Machinery exports from Panama are: Guatemala ($414), Paraguay ($334), Costa Rica ($89), and Jamaica ($44).

The fastest growing export markets for Artificial Textile Machinery of Panama between 2021 and 2022 were Paraguay ($334), Costa Rica ($89), and Jamaica ($44).

Imports In 2022, Panama imported $5.12k in Artificial Textile Machinery, becoming the 140th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1094th most imported product in Panama. Panama imports Artificial Textile Machinery primarily from: China ($4.77k) and United States ($354).

Latest Trends

Sep 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 Artificial Textile Machinery. 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)$881
IMPORTS (2022)$5.12k
NET TRADE (2022)-$4.24k

In 2022, Panama exported $881 in Artificial Textile Machinery. The main destinations of Panama exports on Artificial Textile Machinery were Guatemala ($414), Paraguay ($334), Costa Rica ($89), and Jamaica ($44).

In 2022, Panama imported $5.12k in Artificial Textile Machinery, mainly from China ($4.77k) and United States ($354).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Paraguay$334 (1%)
Costa Rica$89 (1%)
Jamaica$44 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Panama WERE (2021 - 2022):Guatemala-$978 (-70.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Artificial Textile Machinery were:
Germany $678M
China $325M
Japan $159M
In 2022, Panama's main importing competitors in Artificial Textile Machinery were:
China $489M
Turkey $190M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $555
TOP IMPORT POTENTIALChina+ $4.8k

Artificial Textile Machinery’s highest export potential is China. With an export gap of $555.   Artificial Textile Machinery’s highest import potential is China with an import gap of $4.8k.

See methodology.

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