2023
Exports
$912kWorld Rnk 57 / 103
Flag Rnk 245 / 1046
2023
PRODUCT COMPLEXITY IN Detonating Fuses
-0.52Rnk 710 / 1025
2023
Imports
$2.09MWorld Rnk 95 / 187
Flag Rnk 517 / 1151
2023
ECONOMIC COMPLEXITY of Panama
-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $912k in Detonating Fuses, making it the 57th largest exporter of Detonating Fuses in the world. At the same year, Detonating Fuses was the 245th most exported product in Panama. The main destination of Detonating Fuses exports from Panama are: Guyana ($911k) and Paraguay ($1.28k).

The fastest growing export markets for Detonating Fuses of Panama between 2022 and 2023 were Guyana ($69.1k) and Paraguay ($1.28k).

Imports In 2023, Panama imported $2.09M in Detonating Fuses, becoming the 95th largest importer of Detonating Fuses in the world. At the same year, Detonating Fuses was the 517th most imported product in Panama. Panama imports Detonating Fuses primarily from: United States ($1.33M), Peru ($550k), Chile ($165k), Canada ($35.5k), and China ($9.57k).

The fastest growing import markets in Detonating Fuses for Panama between 2022 and 2023 were Chile ($124k), Canada ($35.5k), and China ($9.57k).

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 Detonating Fuses. 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)$912k
IMPORTS (2023)$2.09M
NET TRADE (2023)-$1.18M

In 2023, Panama exported $912k in Detonating Fuses. The main destinations of Panama exports on Detonating Fuses were Guyana ($911k) and Paraguay ($1.28k).

In 2023, Panama imported $2.09M in Detonating Fuses, mainly from United States ($1.33M), Peru ($550k), Chile ($165k), Canada ($35.5k), and China ($9.57k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Detonating Fuses EXPORT MARKETS FOR Panama WERE (2022 - 2023):
Guyana$69.1k (8.22%)
Paraguay$1.28k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Detonating Fuses were:
In 2023, Panama's main importing competitors in Detonating Fuses were:

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Trade Value of Detonating Fuses by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $429
TOP IMPORT POTENTIALChile+ $29.6k

Detonating Fuses’s highest export potential is United States. With an export gap of $429.   Detonating Fuses’s highest import potential is Chile with an import gap of $29.6k.

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