2022
Exports
$24.7kWorld Rnk 81 / 102
Flag Rnk 711 / 1051
falsefalse Norway
2022
PRODUCT COMPLEXITY IN Other Sea Vessels
-0.29Rnk 646 / 1025
2022
Imports
$18.6MWorld Rnk 33 / 178
Flag Rnk 215 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $24.7k in Other Sea Vessels, making it the 81st largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 711th most exported product in Panama. The main destination of Other Sea Vessels exports from Panama are: Norway ($24.7k).

Imports In 2022, Panama imported $18.6M in Other Sea Vessels, becoming the 33rd largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 215th most imported product in Panama. Panama imports Other Sea Vessels primarily from: Angola ($17M), Italy ($1.02M), United States ($314k), China ($190k), and Japan ($30.4k).

The fastest growing import markets in Other Sea Vessels for Panama between 2021 and 2022 were Italy ($1.02M), China ($49.4k), and Japan ($30.4k).

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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 Sea Vessels. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$24.7k
IMPORTS (2022)$18.6M
NET TRADE (2022)-$18.5M

In 2022, Panama exported $24.7k in Other Sea Vessels. The main destinations of Panama exports on Other Sea Vessels were Norway ($24.7k).

In 2022, Panama imported $18.6M in Other Sea Vessels, mainly from Angola ($17M), Italy ($1.02M), United States ($314k), China ($190k), and Japan ($30.4k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Panama WERE (2021 - 2022):
Saudi Arabia-$65M (-100%)
Norway-$267k (-91.5%)
United States-$2.77k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Panama's main exporting competitors in Other Sea Vessels were:
In 2022, Panama's main importing competitors in Other Sea Vessels were:

Explore Visualizations

Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNorway+ $6.71k
TOP IMPORT POTENTIALChina+ $69.7k

Other Sea Vessels’s highest export potential is Norway. With an export gap of $6.71k.   Other Sea Vessels’s highest import potential is China with an import gap of $69.7k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with