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Pricing

2022
Exports $5.07MWorld Rnk 84 / 216
Flag Rnk 102 / 1051
2022
Destination $1.2M Costa Rica
2021 - 2022
FASTEST GROWING MARKET $1.2MCosta Rica
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $105MWorld Rnk 62 / 223
Flag Rnk 57 / 1153
2022
Origin $8.04MN/A
2021 - 2022
FASTEST GROWING ORIGIN $8.04MFrance
2022
ECONOMIC COMPLEXITY of Panama0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $5.07M in Beauty Products, making it the 84th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 102nd most exported product in Panama. The main destination of Beauty Products exports from Panama are: Costa Rica ($2.55M), Chile ($900k), Hong Kong ($416k), United States ($336k), and Aruba ($159k).

The fastest growing export markets for Beauty Products of Panama between 2021 and 2022 were Costa Rica ($1.2M), Chile ($596k), and United States ($193k).

Imports In 2022, Panama imported $105M in Beauty Products, becoming the 62nd largest importer of Beauty Products in the world. At the same year, Beauty Products was the 57th most imported product in Panama. Panama imports Beauty Products primarily from: N/A.

The fastest growing import markets in Beauty Products for Panama between 2021 and 2022 were France ($8.04M), Germany ($4.3M), and United States ($4.1M).

COMPANIES In 2023, leading companies such as ViewSonic (1) were at the forefront of shipping Beauty Products from Panama to the United States.

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 Beauty Products. 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)$5.07M
IMPORTS (2022)$105M
NET TRADE (2022)-$99.8M

In 2022, Panama exported $5.07M in Beauty Products. The main destinations of Panama exports on Beauty Products were Costa Rica ($2.55M), Chile ($900k), Hong Kong ($416k), United States ($336k), and Aruba ($159k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Costa Rica$1.2M (88.7%)
Chile$596k (196%)
United States$193k (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Panama WERE (2021 - 2022):
Guatemala-$4.33M (-97.5%)
Netherlands-$256k (-61.8%)
Hong Kong-$195k (-31.9%)
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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 Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, Panama's main importing competitors in Beauty Products were:
China $11.1B
United States $5.77B
Hong Kong $3.78B

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $737k
TOP IMPORT POTENTIALChina+ $3.56M

Beauty Products’s highest export potential is United States. With an export gap of $737k.   Beauty Products’s highest import potential is China with an import gap of $3.56M.

See methodology.

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