2022
Exports
$126kWorld Rnk 97 / 158
Flag Rnk 511 / 1051
2022
PRODUCT COMPLEXITY IN Non-Retail Synthetic Filament Yarn
0.016Rnk 540 / 1025
2022
Imports
$1.51MWorld Rnk 127 / 210
Flag Rnk 600 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $126k in Non-Retail Synthetic Filament Yarn, making it the 97th largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 511th most exported product in Panama. The main destination of Non-Retail Synthetic Filament Yarn exports from Panama are: Netherlands ($86.5k), Costa Rica ($19.6k), Chile ($13.4k), Jamaica ($5.13k), and Guyana ($1.2k).

The fastest growing export markets for Non-Retail Synthetic Filament Yarn of Panama between 2021 and 2022 were Costa Rica ($18.5k), Jamaica ($5.13k), and Guyana ($1.2k).

Imports In 2022, Panama imported $1.51M in Non-Retail Synthetic Filament Yarn, becoming the 127th largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 600th most imported product in Panama. Panama imports Non-Retail Synthetic Filament Yarn primarily from: United States ($708k), China ($327k), Brazil ($242k), Mexico ($103k), and Chinese Taipei ($78.6k).

The fastest growing import markets in Non-Retail Synthetic Filament Yarn for Panama between 2021 and 2022 were United States ($414k), Chinese Taipei ($58.2k), and Mexico ($10.5k).

COMPANIES In 2023, leading companies such as Goya Foods (1) were at the forefront of shipping Non-Retail Synthetic Filament Yarn 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-Retail Synthetic Filament Yarn. 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)$126k
IMPORTS (2022)$1.51M
NET TRADE (2022)-$1.38M

In 2022, Panama exported $126k in Non-Retail Synthetic Filament Yarn. The main destinations of Panama exports on Non-Retail Synthetic Filament Yarn were Netherlands ($86.5k), Costa Rica ($19.6k), Chile ($13.4k), Jamaica ($5.13k), and Guyana ($1.2k).

In 2022, Panama imported $1.51M in Non-Retail Synthetic Filament Yarn, mainly from United States ($708k), China ($327k), Brazil ($242k), Mexico ($103k), and Chinese Taipei ($78.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Filament Yarn EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Costa Rica$18.5k (1.68k%)
Jamaica$5.13k (1%)
Guyana$1.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Filament Yarn BY Panama WERE (2021 - 2022):
Colombia-$318k (-100%)
Guatemala-$41.3k (-100%)
Netherlands-$27.2k (-23.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Non-Retail Synthetic Filament Yarn were:
China $8.27B
India $1.18B
Vietnam $1.08B
In 2022, Panama's main importing competitors in Non-Retail Synthetic Filament Yarn were:

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Trade Value of Non-Retail Synthetic Filament Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCosta Rica+ $1.56k
TOP IMPORT POTENTIALChina+ $321k

Non-Retail Synthetic Filament Yarn’s highest export potential is Costa Rica. With an export gap of $1.56k.   Non-Retail Synthetic Filament Yarn’s highest import potential is China with an import gap of $321k.

See methodology.

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