2022
Exports
$19.3MWorld Rnk 62 / 183
Flag Rnk 28 / 1051
2022
PRODUCT COMPLEXITY IN Fish Fillets
-1.24Rnk 888 / 1025
2022
Imports
$21.9MWorld Rnk 64 / 220
Flag Rnk 191 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $19.3M in Fish Fillets, making it the 62nd largest exporter of Fish Fillets in the world. At the same year, Fish Fillets was the 28th most exported product in Panama. The main destination of Fish Fillets exports from Panama are: United States ($15.1M), Guatemala ($983k), Mexico ($688k), Colombia ($593k), and El Salvador ($534k).

The fastest growing export markets for Fish Fillets of Panama between 2021 and 2022 were United States ($6.96M), Mexico ($478k), and Aruba ($362k).

Imports In 2022, Panama imported $21.9M in Fish Fillets, becoming the 64th largest importer of Fish Fillets in the world. At the same year, Fish Fillets was the 191st most imported product in Panama. Panama imports Fish Fillets primarily from: Chile ($12.7M), Vietnam ($7.01M), Guatemala ($730k), United States ($448k), and China ($447k).

The fastest growing import markets in Fish Fillets for Panama between 2021 and 2022 were Chile ($3.68M), Vietnam ($3.16M), and Guatemala ($730k).

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 Fish Fillets. 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)$19.3M
IMPORTS (2022)$21.9M
NET TRADE (2022)-$2.62M

In 2022, Panama exported $19.3M in Fish Fillets. The main destinations of Panama exports on Fish Fillets were United States ($15.1M), Guatemala ($983k), Mexico ($688k), Colombia ($593k), and El Salvador ($534k).

In 2022, Panama imported $21.9M in Fish Fillets, mainly from Chile ($12.7M), Vietnam ($7.01M), Guatemala ($730k), United States ($448k), and China ($447k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish Fillets EXPORT MARKETS FOR Panama WERE (2021 - 2022):
United States$6.96M (85.7%)
Mexico$478k (228%)
Aruba$362k (215%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish Fillets BY Panama WERE (2021 - 2022):
Costa Rica-$306k (-75.8%)
Honduras-$202k (-68.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Fish Fillets were:
China $4.09B
Chile $3.91B
Vietnam $3.64B
In 2022, Panama's main importing competitors in Fish Fillets were:

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Trade Value of Fish Fillets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.13M
TOP IMPORT POTENTIALChina+ $886k

Fish Fillets’s highest export potential is United States. With an export gap of $7.13M.   Fish Fillets’s highest import potential is China with an import gap of $886k.

See methodology.

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