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2023
Exports $7.69kWorld Rnk 85 / 119
Flag Rnk 795 / 1046
2023
Destination $3.54k Guatemala
2022 - 2023
FASTEST GROWING MARKET $3.54kCanada
2023
PRODUCT COMPLEXITY IN Conveyor Belt Textiles1.22Rnk 100 / 1025
2023
Imports $352kWorld Rnk 98 / 199
Flag Rnk 821 / 1151
2023
Origin $45.4k United States
2022 - 2023
FASTEST GROWING ORIGIN $45.4kUnited States
2023
ECONOMIC COMPLEXITY of Panama-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $7.69k in Conveyor Belt Textiles, making it the 85th largest exporter of Conveyor Belt Textiles in the world. At the same year, Conveyor Belt Textiles was the 795th most exported product in Panama. The main destination of Conveyor Belt Textiles exports from Panama are: Guatemala ($3.98k), Canada ($3.54k), and Costa Rica ($168).

The fastest growing export markets for Conveyor Belt Textiles of Panama between 2022 and 2023 were Canada ($3.54k) and Costa Rica ($168).

Imports In 2023, Panama imported $352k in Conveyor Belt Textiles, becoming the 98th largest importer of Conveyor Belt Textiles in the world. At the same year, Conveyor Belt Textiles was the 821st most imported product in Panama. Panama imports Conveyor Belt Textiles primarily from: United States ($121k), Colombia ($63.7k), Mexico ($49k), Germany ($46.7k), and Spain ($20.8k).

The fastest growing import markets in Conveyor Belt Textiles for Panama between 2022 and 2023 were United States ($45.4k), Colombia ($35.8k), and Germany ($20.5k).

Latest Trends

Jan 2025

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 Conveyor Belt Textiles. 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)$7.69k
IMPORTS (2023)$352k
NET TRADE (2023)-$344k

In 2023, Panama exported $7.69k in Conveyor Belt Textiles. The main destinations of Panama exports on Conveyor Belt Textiles were Guatemala ($3.98k), Canada ($3.54k), and Costa Rica ($168).

In 2023, Panama imported $352k in Conveyor Belt Textiles, mainly from United States ($121k), Colombia ($63.7k), Mexico ($49k), Germany ($46.7k), and Spain ($20.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Conveyor Belt Textiles EXPORT MARKETS FOR Panama WERE (2022 - 2023):
Canada$3.54k (1%)
Costa Rica$168 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Conveyor Belt Textiles BY Panama WERE (2022 - 2023):Guatemala-$3.95k (-49.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Conveyor Belt Textiles were:
Germany $153M
China $111M
Netherlands $83.2M
In 2023, Panama's main importing competitors in Conveyor Belt Textiles were:
United States $91.1M
Netherlands $50.3M
Czechia $39M

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Trade Value of Conveyor Belt Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $657
TOP IMPORT POTENTIALGermany+ $19k

Conveyor Belt Textiles’s highest export potential is United States. With an export gap of $657.   Conveyor Belt Textiles’s highest import potential is Germany with an import gap of $19k.

See methodology.

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