2023
Exports
$97.6kWorld Rnk 70 / 147
Flag Rnk 528 / 1046
2023
PRODUCT COMPLEXITY IN Artistry Paints
0.16Rnk 501 / 1025
2023
Imports
$2.41MWorld Rnk 61 / 212
Flag Rnk 493 / 1151
2023
ECONOMIC COMPLEXITY of Panama
-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $97.6k in Artistry Paints, making it the 70th largest exporter of Artistry Paints in the world. At the same year, Artistry Paints was the 528th most exported product in Panama. The main destination of Artistry Paints exports from Panama are: Guyana ($42.4k), Costa Rica ($9.94k), Jamaica ($9.17k), Chile ($8.82k), and Saint Vincent and the Grenadines ($7.55k).

The fastest growing export markets for Artistry Paints of Panama between 2022 and 2023 were Guyana ($39.4k), Jamaica ($4.04k), and Costa Rica ($2.75k).

Imports In 2023, Panama imported $2.41M in Artistry Paints, becoming the 61st largest importer of Artistry Paints in the world. At the same year, Artistry Paints was the 493rd most imported product in Panama. Panama imports Artistry Paints primarily from: China ($1.23M), Hong Kong ($244k), United States ($212k), Costa Rica ($202k), and Brazil ($188k).

The fastest growing import markets in Artistry Paints for Panama between 2022 and 2023 were Hong Kong ($244k), Costa Rica ($92k), and Brazil ($41.5k).

Latest Trends

Dec 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 Artistry Paints. 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 (2023)$97.6k
IMPORTS (2023)$2.41M
NET TRADE (2023)-$2.32M

In 2023, Panama exported $97.6k in Artistry Paints. The main destinations of Panama exports on Artistry Paints were Guyana ($42.4k), Costa Rica ($9.94k), Jamaica ($9.17k), Chile ($8.82k), and Saint Vincent and the Grenadines ($7.55k).

In 2023, Panama imported $2.41M in Artistry Paints, mainly from China ($1.23M), Hong Kong ($244k), United States ($212k), Costa Rica ($202k), and Brazil ($188k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Artistry Paints EXPORT MARKETS FOR Panama WERE (2022 - 2023):
Guyana$39.4k (1.3k%)
Jamaica$4.04k (78.8%)
Costa Rica$2.75k (38.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artistry Paints BY Panama WERE (2022 - 2023):
Aruba-$12.3k (-83%)
Trinidad and Tobago-$5.15k (-100%)
Chile-$4.44k (-33.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Artistry Paints were:
In 2023, Panama's main importing competitors in Artistry Paints were:

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Trade Value of Artistry Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $4.16k
TOP IMPORT POTENTIALColombia+ $50.5k

Artistry Paints’s highest export potential is Colombia. With an export gap of $4.16k.   Artistry Paints’s highest import potential is Colombia with an import gap of $50.5k.

See methodology.

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