2023
Exports
$3.61MWorld Rnk 89 / 180
Flag Rnk 109 / 1046
2023
PRODUCT COMPLEXITY IN Rolled Tobacco
-0.75Rnk 772 / 1025
2023
Imports
$57.4MWorld Rnk 75 / 223
Flag Rnk 70 / 1151
2023
ECONOMIC COMPLEXITY of Panama
-0.14Rnk 69 / 132

About

Exports In 2023, Panama exported $3.61M in Rolled Tobacco, making it the 89th largest exporter of Rolled Tobacco in the world. At the same year, Rolled Tobacco was the 109th most exported product in Panama. The main destination of Rolled Tobacco exports from Panama are: Hong Kong ($1.54M), Aruba ($1.19M), United States ($365k), Jamaica ($136k), and Macau ($105k).

The fastest growing export markets for Rolled Tobacco of Panama between 2022 and 2023 were Hong Kong ($1.21M), Aruba ($1.15M), and Macau ($91.2k).

Imports In 2023, Panama imported $57.4M in Rolled Tobacco, becoming the 75th largest importer of Rolled Tobacco in the world. At the same year, Rolled Tobacco was the 70th most imported product in Panama. Panama imports Rolled Tobacco primarily from: United Arab Emirates ($35.2M), India ($8.13M), China ($4.01M), United States ($1.74M), and Aruba ($1.61M).

The fastest growing import markets in Rolled Tobacco for Panama between 2022 and 2023 were Aruba ($1.61M), Suriname ($961k), and Mexico ($276k).

COMPANIES In 2024, leading companies such as Family Tobacco Traders (7) were at the forefront of shipping Rolled Tobacco from Panama to the United States.

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 Rolled Tobacco. 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)$3.61M
IMPORTS (2023)$57.4M
NET TRADE (2023)-$53.8M

In 2023, Panama exported $3.61M in Rolled Tobacco. The main destinations of Panama exports on Rolled Tobacco were Hong Kong ($1.54M), Aruba ($1.19M), United States ($365k), Jamaica ($136k), and Macau ($105k).

In 2023, Panama imported $57.4M in Rolled Tobacco, mainly from United Arab Emirates ($35.2M), India ($8.13M), China ($4.01M), United States ($1.74M), and Aruba ($1.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rolled Tobacco EXPORT MARKETS FOR Panama WERE (2022 - 2023):
Hong Kong$1.21M (370%)
Aruba$1.15M (2.81k%)
Macau$91.2k (657%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolled Tobacco BY Panama WERE (2022 - 2023):
United States-$1.09M (-74.9%)
Costa Rica-$257k (-98.6%)
Belize-$134k (-92.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Panama's main exporting competitors in Rolled Tobacco were:
In 2023, Panama's main importing competitors in Rolled Tobacco were:

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Trade Value of Rolled Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $886k
TOP IMPORT POTENTIALHonduras+ $1.18M

Rolled Tobacco’s highest export potential is United States. With an export gap of $886k.   Rolled Tobacco’s highest import potential is Honduras with an import gap of $1.18M.

See methodology.

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