2022
Exports
$138kWorld Rnk 86 / 158
Flag Rnk 503 / 1051
2022
PRODUCT COMPLEXITY IN Other Floating Structures
-0.48Rnk 693 / 1025
2022
Imports
$3.01MWorld Rnk 66 / 215
Flag Rnk 492 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $138k in Other Floating Structures, making it the 86th largest exporter of Other Floating Structures in the world. At the same year, Other Floating Structures was the 503rd most exported product in Panama. The main destination of Other Floating Structures exports from Panama are: Norway ($45.8k), South Korea ($37.5k), Spain ($22.3k), Costa Rica ($13.1k), and Trinidad and Tobago ($5.49k).

The fastest growing export markets for Other Floating Structures of Panama between 2021 and 2022 were South Korea ($26.1k), Costa Rica ($13.1k), and Spain ($5.71k).

Imports In 2022, Panama imported $3.01M in Other Floating Structures, becoming the 66th largest importer of Other Floating Structures in the world. At the same year, Other Floating Structures was the 492nd most imported product in Panama. Panama imports Other Floating Structures primarily from: Spain ($1.2M), United States ($812k), China ($308k), Canada ($217k), and Thailand ($143k).

The fastest growing import markets in Other Floating Structures for Panama between 2021 and 2022 were China ($161k), United States ($118k), and Spain ($92.7k).

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 Other Floating Structures. 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)$138k
IMPORTS (2022)$3.01M
NET TRADE (2022)-$2.87M

In 2022, Panama exported $138k in Other Floating Structures. The main destinations of Panama exports on Other Floating Structures were Norway ($45.8k), South Korea ($37.5k), Spain ($22.3k), Costa Rica ($13.1k), and Trinidad and Tobago ($5.49k).

In 2022, Panama imported $3.01M in Other Floating Structures, mainly from Spain ($1.2M), United States ($812k), China ($308k), Canada ($217k), and Thailand ($143k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Floating Structures EXPORT MARKETS FOR Panama WERE (2021 - 2022):
South Korea$26.1k (229%)
Costa Rica$13.1k (1%)
Spain$5.71k (34.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Floating Structures BY Panama WERE (2021 - 2022):
Peru-$30k (-100%)
United States-$24k (-100%)
Chile-$11.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Other Floating Structures were:
In 2022, Panama's main importing competitors in Other Floating Structures were:

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Trade Value of Other Floating Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $5.22k
TOP IMPORT POTENTIALChina+ $153k

Other Floating Structures’s highest export potential is Spain. With an export gap of $5.22k.   Other Floating Structures’s highest import potential is China with an import gap of $153k.

See methodology.

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