2022
Exports
$103MWorld Rnk 49 / 192
Flag Rnk 8 / 1051
2022
PRODUCT COMPLEXITY IN Non-fillet Frozen Fish
-1.52Rnk 948 / 1025
2022
Imports
$7.25MWorld Rnk 130 / 219
Flag Rnk 349 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $103M in Non-fillet Frozen Fish, making it the 49th largest exporter of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 8th most exported product in Panama. The main destination of Non-fillet Frozen Fish exports from Panama are: Spain ($33M), Ecuador ($13.7M), El Salvador ($13.2M), Guatemala ($9.12M), and Costa Rica ($8.08M).

The fastest growing export markets for Non-fillet Frozen Fish of Panama between 2021 and 2022 were Spain ($13.5M), El Salvador ($9.62M), and Ecuador ($7.2M).

Imports In 2022, Panama imported $7.25M in Non-fillet Frozen Fish, becoming the 130th largest importer of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 349th most imported product in Panama. Panama imports Non-fillet Frozen Fish primarily from: Chile ($4.11M), Spain ($1.01M), United States ($546k), Mexico ($424k), and China ($277k).

The fastest growing import markets in Non-fillet Frozen Fish for Panama between 2021 and 2022 were Spain ($793k), Chile ($355k), and Mexico ($246k).

COMPANIES In 2023, leading companies such as Goya Foods (2) were at the forefront of shipping Non-fillet Frozen Fish from Panama to the United States.

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 Non-fillet Frozen Fish. 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)$103M
IMPORTS (2022)$7.25M
NET TRADE (2022)$95.9M

In 2022, Panama exported $103M in Non-fillet Frozen Fish. The main destinations of Panama exports on Non-fillet Frozen Fish were Spain ($33M), Ecuador ($13.7M), El Salvador ($13.2M), Guatemala ($9.12M), and Costa Rica ($8.08M).

In 2022, Panama imported $7.25M in Non-fillet Frozen Fish, mainly from Chile ($4.11M), Spain ($1.01M), United States ($546k), Mexico ($424k), and China ($277k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-fillet Frozen Fish EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Spain$13.5M (69.5%)
El Salvador$9.62M (268%)
Ecuador$7.2M (111%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-fillet Frozen Fish BY Panama WERE (2021 - 2022):
United States-$3.38M (-67.1%)
Mauritius-$2.17M (-100%)
Vietnam-$1.53M (-83.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Non-fillet Frozen Fish were:
In 2022, Panama's main importing competitors in Non-fillet Frozen Fish were:
China $5.12B
Japan $3.12B

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Trade Value of Non-fillet Frozen Fish by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $2.53M
TOP IMPORT POTENTIALUnited States+ $577k

Non-fillet Frozen Fish’s highest export potential is Japan. With an export gap of $2.53M.   Non-fillet Frozen Fish’s highest import potential is United States with an import gap of $577k.

See methodology.

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