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2022
ExportsfalseWorld Rnk 81 / 139
Flag Rnk 713 / 1051
2021 - 2022
FASTEST GROWING MARKET $21.5kChile
2022
PRODUCT COMPLEXITY IN Micro-Organism Culture Preparations1.25Rnk 98 / 1025
2022
Origin $63.6k United States
2021 - 2022
FASTEST GROWING ORIGIN $63.6kPoland
2022
ECONOMIC COMPLEXITY of Panama0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $24.5k in Micro-Organism Culture Preparations, making it the 81st largest exporter of Micro-Organism Culture Preparations in the world. At the same year, Micro-Organism Culture Preparations was the 713th most exported product in Panama. The main destination of Micro-Organism Culture Preparations exports from Panama are: Chile ($21.5k), Guatemala ($1.59k), Ukraine ($771), Belize ($439), and Canada ($98).

The fastest growing export markets for Micro-Organism Culture Preparations of Panama between 2021 and 2022 were Chile ($21.5k), Ukraine ($771), and Belize ($151).

The fastest growing import markets in Micro-Organism Culture Preparations for Panama between 2021 and 2022 were Poland ($63.6k), Ecuador ($43.4k), and Japan ($32.7k).

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 Micro-Organism Culture Preparations. 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)$24.5k

In 2022, Panama exported $24.5k in Micro-Organism Culture Preparations. The main destinations of Panama exports on Micro-Organism Culture Preparations were Chile ($21.5k), Guatemala ($1.59k), Ukraine ($771), Belize ($439), and Canada ($98).

In N/A, Panama imported N/A in Micro-Organism Culture Preparations, mainly from United States ($900k), China ($161k), Poland ($145k), Japan ($103k), and France ($100k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Micro-Organism Culture Preparations EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Chile$21.5k (1%)
Ukraine$771 (1%)
Belize$151 (52.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Micro-Organism Culture Preparations BY Panama WERE (2021 - 2022):
Guatemala-$112k (-98.6%)
Peru-$8.04k (-100%)
Ecuador-$4.34k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Micro-Organism Culture Preparations were:
United States $1.07B
United Kingdom $436M
France $372M
In 2022, Panama's main importing competitors in Micro-Organism Culture Preparations were:
United States $358M
China $321M
Netherlands $300M

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Trade Value of Micro-Organism Culture Preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGuatemala+ $1.22k
TOP IMPORT POTENTIALUnited States+ $220k

Micro-Organism Culture Preparations’s highest export potential is Guatemala. With an export gap of $1.22k.   Micro-Organism Culture Preparations’s highest import potential is United States with an import gap of $220k.

See methodology.

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