2022
Exports
$2.93MWorld Rnk 64 / 144
Flag Rnk 143 / 1051
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$4.03MWorld Rnk 67 / 182
Flag Rnk 453 / 1153
2022
ECONOMIC COMPLEXITY of Panama
0.17Rnk 56 / 133

About

Exports In 2022, Panama exported $2.93M in Silver, making it the 64th largest exporter of Silver in the world. At the same year, Silver was the 143rd most exported product in Panama. The main destination of Silver exports from Panama are: United Arab Emirates ($1.37M), Turkey ($842k), Italy ($411k), Switzerland ($290k), and Chile ($17.1k).

The fastest growing export markets for Silver of Panama between 2021 and 2022 were United Arab Emirates ($1.37M), Turkey ($842k), and Switzerland ($71.7k).

Imports In 2022, Panama imported $4.03M in Silver, becoming the 67th largest importer of Silver in the world. At the same year, Silver was the 453rd most imported product in Panama. Panama imports Silver primarily from: United States ($2.62M), Switzerland ($956k), Italy ($260k), Canada ($172k), and Honduras ($9.14k).

The fastest growing import markets in Silver for Panama between 2021 and 2022 were United States ($1.41M), Switzerland ($912k), and Italy ($260k).

Latest Trends

Mar 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 Silver. 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)$2.93M
IMPORTS (2022)$4.03M
NET TRADE (2022)-$1.1M

In 2022, Panama exported $2.93M in Silver. The main destinations of Panama exports on Silver were United Arab Emirates ($1.37M), Turkey ($842k), Italy ($411k), Switzerland ($290k), and Chile ($17.1k).

In 2022, Panama imported $4.03M in Silver, mainly from United States ($2.62M), Switzerland ($956k), Italy ($260k), Canada ($172k), and Honduras ($9.14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Panama WERE (2021 - 2022):
Turkey$842k (1%)
Switzerland$71.7k (32.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Panama WERE (2021 - 2022):
Italy-$51.8k (-11.2%)
Colombia-$13.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Panama's main exporting competitors in Silver were:
In 2022, Panama's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

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