2022
Exports
$38.7kWorld Rnk 107 / 163
Flag Rnk 660 / 1051
2022
PRODUCT COMPLEXITY IN Cassava
-2.21Rnk 1008 / 1025
2022
Imports
$383kWorld Rnk 81 / 202
Flag Rnk 807 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $38.7k in Cassava, making it the 107th largest exporter of Cassava in the world. At the same year, Cassava was the 660th most exported product in Panama. The main destination of Cassava exports from Panama are: United States ($37.5k), Aruba ($1.21k), and Nicaragua ($5).

The fastest growing export markets for Cassava of Panama between 2021 and 2022 were Aruba ($1.21k) and Nicaragua ($5).

Imports In 2022, Panama imported $383k in Cassava, becoming the 81st largest importer of Cassava in the world. At the same year, Cassava was the 807th most imported product in Panama. Panama imports Cassava primarily from: United States ($228k), China ($69.8k), Costa Rica ($55.2k), Brazil ($19.1k), and Hong Kong ($5.32k).

The fastest growing import markets in Cassava for Panama between 2021 and 2022 were United States ($202k), China ($9.21k), and Costa Rica ($6.9k).

COMPANIES In 2023, leading companies such as Goya Foods (22) were at the forefront of shipping Cassava from Panama to the United States.

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 Cassava. 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)$38.7k
IMPORTS (2022)$383k
NET TRADE (2022)-$344k

In 2022, Panama exported $38.7k in Cassava. The main destinations of Panama exports on Cassava were United States ($37.5k), Aruba ($1.21k), and Nicaragua ($5).

In 2022, Panama imported $383k in Cassava, mainly from United States ($228k), China ($69.8k), Costa Rica ($55.2k), Brazil ($19.1k), and Hong Kong ($5.32k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cassava EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Aruba$1.21k (1%)
Nicaragua$5 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cassava BY Panama WERE (2021 - 2022):
Belgium-$125k (-100%)
Netherlands-$47.9k (-100%)
Spain-$36k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cassava by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $145k
TOP IMPORT POTENTIALCosta Rica+ $58.9k

Cassava’s highest export potential is United States. With an export gap of $145k.   Cassava’s highest import potential is Costa Rica with an import gap of $58.9k.

See methodology.

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