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Exports In 2022, Panama exported $35.2k in Neck Ties, making it the 68th largest exporter of Neck Ties in the world. At the same year, Neck Ties was the 675th most exported product in Panama. The main destination of Neck Ties exports from Panama are: Dominican Republic ($10.3k), Guatemala ($5.92k), Costa Rica ($5.88k), Guyana ($3.8k), and Belize ($3.18k).

The fastest growing export markets for Neck Ties of Panama between 2021 and 2022 were Dominican Republic ($8.42k), Costa Rica ($4.52k), and Belize ($2.76k).

Imports In 2022, Panama imported $521k in Neck Ties, becoming the 65th largest importer of Neck Ties in the world. At the same year, Neck Ties was the 759th most imported product in Panama. Panama imports Neck Ties primarily from: China ($336k), Italy ($55.7k), Spain ($48.4k), France ($22.2k), and Colombia ($21.4k).

The fastest growing import markets in Neck Ties for Panama between 2021 and 2022 were China ($236k), Spain ($30.4k), and Colombia ($17k).

Latest Trends

Jul 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 Neck Ties. 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)$35.2k
IMPORTS (2022)$521k
NET TRADE (2022)-$485k

In 2022, Panama exported $35.2k in Neck Ties. The main destinations of Panama exports on Neck Ties were Dominican Republic ($10.3k), Guatemala ($5.92k), Costa Rica ($5.88k), Guyana ($3.8k), and Belize ($3.18k).

In 2022, Panama imported $521k in Neck Ties, mainly from China ($336k), Italy ($55.7k), Spain ($48.4k), France ($22.2k), and Colombia ($21.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Neck Ties EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Dominican Republic$8.42k (453%)
Costa Rica$4.52k (331%)
Belize$2.76k (647%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Neck Ties BY Panama WERE (2021 - 2022):
Guatemala-$207k (-97.2%)
Netherlands-$2.17k (-100%)
Grenada-$962 (-86.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Neck Ties were:
China $232M
Italy $89.5M
France $45.7M
In 2022, Panama's main importing competitors in Neck Ties were:

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Trade Value of Neck Ties by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $1.81k
TOP IMPORT POTENTIALItaly+ $21.3k

Neck Ties’s highest export potential is France. With an export gap of $1.81k.   Neck Ties’s highest import potential is Italy with an import gap of $21.3k.

See methodology.

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