2023
Exports
$2.26MWorld Rnk 27 / 83
Flag Rnk 153 / 1046
2023
PRODUCT COMPLEXITY IN Pig and Poultry Fat
0.62Rnk 319 / 1025
2023
Imports
$129kWorld Rnk 69 / 153
Flag Rnk 928 / 1151
2023
ECONOMIC COMPLEXITY of Panama
-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $2.26M in Pig and Poultry Fat, making it the 27th largest exporter of Pig and Poultry Fat in the world. At the same year, Pig and Poultry Fat was the 153rd most exported product in Panama. The main destination of Pig and Poultry Fat exports from Panama are: Honduras ($1.84M) and Costa Rica ($424k).

The fastest growing export markets for Pig and Poultry Fat of Panama between 2022 and 2023 were Costa Rica ($330k) and Honduras ($259k).

Imports In 2023, Panama imported $129k in Pig and Poultry Fat, becoming the 69th largest importer of Pig and Poultry Fat in the world. At the same year, Pig and Poultry Fat was the 928th most imported product in Panama. Panama imports Pig and Poultry Fat primarily from: Dominican Republic ($101k), United States ($12.3k), Spain ($8.49k), Mexico ($6.32k), and Brazil ($775).

The fastest growing import markets in Pig and Poultry Fat for Panama between 2022 and 2023 were Dominican Republic ($101k), Spain ($7.84k), and Mexico ($6.32k).

Latest Trends

Dec 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 Pig and Poultry Fat. 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)$2.26M
IMPORTS (2023)$129k
NET TRADE (2023)$2.14M

In 2023, Panama exported $2.26M in Pig and Poultry Fat. The main destinations of Panama exports on Pig and Poultry Fat were Honduras ($1.84M) and Costa Rica ($424k).

In 2023, Panama imported $129k in Pig and Poultry Fat, mainly from Dominican Republic ($101k), United States ($12.3k), Spain ($8.49k), Mexico ($6.32k), and Brazil ($775).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig and Poultry Fat EXPORT MARKETS FOR Panama WERE (2022 - 2023):
Costa Rica$330k (350%)
Honduras$259k (16.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Pig and Poultry Fat were:
In 2023, Panama's main importing competitors in Pig and Poultry Fat were:

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Trade Value of Pig and Poultry Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.64k
TOP IMPORT POTENTIALUnited States+ $8.39k

Pig and Poultry Fat’s highest export potential is United States. With an export gap of $1.64k.   Pig and Poultry Fat’s highest import potential is United States with an import gap of $8.39k.

See methodology.

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