2022
Exports
$956kWorld Rnk 86 / 196
Flag Rnk 252 / 1051
2022
PRODUCT COMPLEXITY IN Knit Women's Shirts
-1.35Rnk 923 / 1025
2022
Imports
$8.24MWorld Rnk 61 / 221
Flag Rnk 331 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $956k in Knit Women's Shirts, making it the 86th largest exporter of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 252nd most exported product in Panama. The main destination of Knit Women's Shirts exports from Panama are: Costa Rica ($412k), Dominican Republic ($149k), Guatemala ($140k), Aruba ($85.3k), and Chile ($47.3k).

The fastest growing export markets for Knit Women's Shirts of Panama between 2021 and 2022 were Costa Rica ($263k), Dominican Republic ($110k), and Trinidad and Tobago ($23.5k).

Imports In 2022, Panama imported $8.24M in Knit Women's Shirts, becoming the 61st largest importer of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 331st most imported product in Panama. Panama imports Knit Women's Shirts primarily from: China ($2.73M), India ($1.64M), Colombia ($614k), Hong Kong ($465k), and United States ($455k).

The fastest growing import markets in Knit Women's Shirts for Panama between 2021 and 2022 were China ($1.12M), India ($458k), and Peru ($324k).

Latest Trends

Oct 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 Knit Women's Shirts. 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)$956k
IMPORTS (2022)$8.24M
NET TRADE (2022)-$7.28M

In 2022, Panama exported $956k in Knit Women's Shirts. The main destinations of Panama exports on Knit Women's Shirts were Costa Rica ($412k), Dominican Republic ($149k), Guatemala ($140k), Aruba ($85.3k), and Chile ($47.3k).

In 2022, Panama imported $8.24M in Knit Women's Shirts, mainly from China ($2.73M), India ($1.64M), Colombia ($614k), Hong Kong ($465k), and United States ($455k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Shirts EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Costa Rica$263k (177%)
Dominican Republic$110k (287%)
Trinidad and Tobago$23.5k (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Shirts BY Panama WERE (2021 - 2022):
Guatemala-$378k (-72.9%)
Aruba-$89.1k (-51.1%)
Colombia-$5.79k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Knit Women's Shirts were:
In 2022, Panama's main importing competitors in Knit Women's Shirts were:

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Trade Value of Knit Women's Shirts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSpain+ $13k
TOP IMPORT POTENTIALVietnam+ $221k

Knit Women's Shirts’s highest export potential is Spain. With an export gap of $13k.   Knit Women's Shirts’s highest import potential is Vietnam with an import gap of $221k.

See methodology.

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