2023
Exports
$2.04MWorld Rnk 106 / 193
Flag Rnk 167 / 1046
2023
PRODUCT COMPLEXITY IN Delivery Trucks
0.65Rnk 306 / 1025
2023
Imports
$171MWorld Rnk 96 / 224
Flag Rnk 13 / 1151
2023
ECONOMIC COMPLEXITY of Panama
-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $2.04M in Delivery Trucks, making it the 106th largest exporter of Delivery Trucks in the world. At the same year, Delivery Trucks was the 167th most exported product in Panama. The main destination of Delivery Trucks exports from Panama are: Nigeria ($804k), Costa Rica ($697k), Chile ($151k), El Salvador ($110k), and Suriname ($68.6k).

The fastest growing export markets for Delivery Trucks of Panama between 2022 and 2023 were Costa Rica ($265k), Nigeria ($147k), and El Salvador ($103k).

Imports In 2023, Panama imported $171M in Delivery Trucks, becoming the 96th largest importer of Delivery Trucks in the world. At the same year, Delivery Trucks was the 13th most imported product in Panama. Panama imports Delivery Trucks primarily from: Argentina ($63.2M), Japan ($26.9M), Thailand ($13.8M), Brazil ($10.5M), and China ($10.4M).

The fastest growing import markets in Delivery Trucks for Panama between 2022 and 2023 were Chile ($9.36M), China ($4.27M), and Thailand ($2.83M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Delivery Trucks. 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)$2.04M
IMPORTS (2023)$171M
NET TRADE (2023)-$169M

In 2023, Panama exported $2.04M in Delivery Trucks. The main destinations of Panama exports on Delivery Trucks were Nigeria ($804k), Costa Rica ($697k), Chile ($151k), El Salvador ($110k), and Suriname ($68.6k).

In 2023, Panama imported $171M in Delivery Trucks, mainly from Argentina ($63.2M), Japan ($26.9M), Thailand ($13.8M), Brazil ($10.5M), and China ($10.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Delivery Trucks EXPORT MARKETS FOR Panama WERE (2022 - 2023):
Costa Rica$265k (61.2%)
Nigeria$147k (22.4%)
El Salvador$103k (1.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Delivery Trucks BY Panama WERE (2022 - 2023):
Suriname-$2.63M (-97.5%)
Guyana-$1.85M (-99%)
Angola-$559k (-94.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Delivery Trucks were:
In 2023, Panama's main importing competitors in Delivery Trucks were:

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Trade Value of Delivery Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCosta Rica+ $127k
TOP IMPORT POTENTIALMexico+ $8.85M

Delivery Trucks’s highest export potential is Costa Rica. With an export gap of $127k.   Delivery Trucks’s highest import potential is Mexico with an import gap of $8.85M.

See methodology.

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