2022
Exports
$18.8kWorld Rnk 79 / 113
Flag Rnk 739 / 1051
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$7.17MWorld Rnk 53 / 208
Flag Rnk 352 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $18.8k in Rapeseed Oil, making it the 79th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 739th most exported product in Panama. The main destination of Rapeseed Oil exports from Panama are: Costa Rica ($18.8k).

The fastest growing export markets for Rapeseed Oil of Panama between N/A and 2022 were Costa Rica ($18.8k).

Imports In 2022, Panama imported $7.17M in Rapeseed Oil, becoming the 53rd largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 352nd most imported product in Panama. Panama imports Rapeseed Oil primarily from: United States ($5.45M), Germany ($1.63M), Turkey ($77.5k), Spain ($13.9k), and Brazil ($1.49k).

The fastest growing import markets in Rapeseed Oil for Panama between 2021 and 2022 were Germany ($1.63M), United States ($602k), and Brazil ($488).

Latest Trends

Sep 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 Rapeseed Oil. 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)$18.8k
IMPORTS (2022)$7.17M
NET TRADE (2022)-$7.15M

In 2022, Panama exported $18.8k in Rapeseed Oil. The main destinations of Panama exports on Rapeseed Oil were Costa Rica ($18.8k).

In 2022, Panama imported $7.17M in Rapeseed Oil, mainly from United States ($5.45M), Germany ($1.63M), Turkey ($77.5k), Spain ($13.9k), and Brazil ($1.49k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Panama WERE (N/A - 2022):Costa Rica$18.8k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Panama's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.39k
TOP IMPORT POTENTIALGermany+ $389k

Rapeseed Oil’s highest export potential is United States. With an export gap of $1.39k.   Rapeseed Oil’s highest import potential is Germany with an import gap of $389k.

See methodology.

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