2023
Exports
$64World Rnk 147 / 150
Flag Rnk 1020 / 1046
2023
PRODUCT COMPLEXITY IN Ground Nuts
-2.38Rnk 1017 / 1025
2023
Imports
$106kWorld Rnk 145 / 207
Flag Rnk 945 / 1151
2023
ECONOMIC COMPLEXITY of Panama
-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $64 in Ground Nuts, making it the 147th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 1020th most exported product in Panama. The main destination of Ground Nuts exports from Panama are: Guatemala ($64).

The fastest growing export markets for Ground Nuts of Panama between 2022 and 2023 were Guatemala ($64).

Imports In 2023, Panama imported $106k in Ground Nuts, becoming the 145th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 945th most imported product in Panama. Panama imports Ground Nuts primarily from: China ($81.2k), United States ($15.5k), Hong Kong ($4.7k), Brazil ($4.01k), and Turkey ($456).

The fastest growing import markets in Ground Nuts for Panama between 2022 and 2023 were United States ($6.13k), Hong Kong ($2.49k), and India ($246).

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 Ground Nuts. 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)$64
IMPORTS (2023)$106k
NET TRADE (2023)-$106k

In 2023, Panama exported $64 in Ground Nuts. The main destinations of Panama exports on Ground Nuts were Guatemala ($64).

In 2023, Panama imported $106k in Ground Nuts, mainly from China ($81.2k), United States ($15.5k), Hong Kong ($4.7k), Brazil ($4.01k), and Turkey ($456).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Panama WERE (2022 - 2023):Guatemala$64 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Panama WERE (2022 - 2023):United Kingdom-$111k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Ground Nuts were:
In 2023, Panama's main importing competitors in Ground Nuts were:

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $18.7k
TOP IMPORT POTENTIALUnited States+ $33.4k

Ground Nuts’s highest export potential is United Kingdom. With an export gap of $18.7k.   Ground Nuts’s highest import potential is United States with an import gap of $33.4k.

See methodology.

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