2022
Exports
$12.3MWorld Rnk 68 / 226
Flag Rnk 44 / 1051
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$79.7MWorld Rnk 68 / 225
Flag Rnk 79 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $12.3M in Integrated Circuits, making it the 68th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 44th most exported product in Panama. The main destination of Integrated Circuits exports from Panama are: Japan ($6.65M), Costa Rica ($1.33M), Jamaica ($1.2M), Dominican Republic ($922k), and South Korea ($598k).

The fastest growing export markets for Integrated Circuits of Panama between 2021 and 2022 were Japan ($6.65M), Jamaica ($1.2M), and South Korea ($598k).

Imports In 2022, Panama imported $79.7M in Integrated Circuits, becoming the 68th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 79th most imported product in Panama. Panama imports Integrated Circuits primarily from: United States ($72.7M), Colombia ($2.41M), China ($1.23M), Spain ($694k), and Netherlands ($577k).

The fastest growing import markets in Integrated Circuits for Panama between 2021 and 2022 were United States ($70.5M), Colombia ($728k), and China ($686k).

Latest Trends

Oct 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 Integrated Circuits. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$12.3M
IMPORTS (2022)$79.7M
NET TRADE (2022)-$67.3M

In 2022, Panama exported $12.3M in Integrated Circuits. The main destinations of Panama exports on Integrated Circuits were Japan ($6.65M), Costa Rica ($1.33M), Jamaica ($1.2M), Dominican Republic ($922k), and South Korea ($598k).

In 2022, Panama imported $79.7M in Integrated Circuits, mainly from United States ($72.7M), Colombia ($2.41M), China ($1.23M), Spain ($694k), and Netherlands ($577k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Japan$6.65M (1%)
Jamaica$1.2M (110k%)
South Korea$598k (59.8M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Panama WERE (2021 - 2022):
China-$816k (-97.9%)
Costa Rica-$395k (-22.9%)
Dominican Republic-$295k (-24.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Panama's main exporting competitors in Integrated Circuits were:
In 2022, Panama's main importing competitors in Integrated Circuits were:

Explore Visualizations

Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $213k
TOP IMPORT POTENTIALCosta Rica+ $1.1M

Integrated Circuits’s highest export potential is United States. With an export gap of $213k.   Integrated Circuits’s highest import potential is Costa Rica with an import gap of $1.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with