2023
Exports
$2.25MWorld Rnk 78 / 170
Flag Rnk 157 / 1046
2023
PRODUCT COMPLEXITY IN Other Prepared Meat
0.007Rnk 556 / 1025
2023
Imports
$39.9MWorld Rnk 52 / 226
Flag Rnk 102 / 1151
2023
ECONOMIC COMPLEXITY of Panama
-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $2.25M in Other Prepared Meat, making it the 78th largest exporter of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 157th most exported product in Panama. The main destination of Other Prepared Meat exports from Panama are: Trinidad and Tobago ($805k), Peru ($781k), El Salvador ($419k), Nicaragua ($178k), and Guyana ($35.3k).

The fastest growing export markets for Other Prepared Meat of Panama between 2022 and 2023 were Peru ($716k), Nicaragua ($37.8k), and Guatemala ($20k).

Imports In 2023, Panama imported $39.9M in Other Prepared Meat, becoming the 52nd largest importer of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 102nd most imported product in Panama. Panama imports Other Prepared Meat primarily from: United States ($24.2M), Denmark ($10.8M), Brazil ($1.8M), Netherlands ($1.68M), and Spain ($993k).

The fastest growing import markets in Other Prepared Meat for Panama between 2022 and 2023 were Brazil ($640k), Spain ($355k), and Netherlands ($226k).

Latest Trends

Jan 2025

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 Prepared Meat. 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 (2023)$2.25M
IMPORTS (2023)$39.9M
NET TRADE (2023)-$37.6M

In 2023, Panama exported $2.25M in Other Prepared Meat. The main destinations of Panama exports on Other Prepared Meat were Trinidad and Tobago ($805k), Peru ($781k), El Salvador ($419k), Nicaragua ($178k), and Guyana ($35.3k).

In 2023, Panama imported $39.9M in Other Prepared Meat, mainly from United States ($24.2M), Denmark ($10.8M), Brazil ($1.8M), Netherlands ($1.68M), and Spain ($993k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Prepared Meat EXPORT MARKETS FOR Panama WERE (2022 - 2023):
Peru$716k (1.11k%)
Nicaragua$37.8k (26.9%)
Guatemala$20k (8.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Prepared Meat BY Panama WERE (2022 - 2023):
Cuba-$95.3k (-100%)
Hong Kong-$93.2k (-100%)
Guyana-$83.2k (-70.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Other Prepared Meat were:
Germany $1.83B
China $1.69B
In 2023, Panama's main importing competitors in Other Prepared Meat were:

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Trade Value of Other Prepared Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $62.2k
TOP IMPORT POTENTIALBrazil+ $1.09M

Other Prepared Meat’s highest export potential is Hong Kong. With an export gap of $62.2k.   Other Prepared Meat’s highest import potential is Brazil with an import gap of $1.09M.

See methodology.

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