Panama is also recognized as the Republic of Panama. Panama is a transcontinental nation that spans the central part of North America as well as the northern part of South America. The country shares its borders with two countries and two water bodies namely, Costa Rica, Colombia, the Caribbean Sea, and the Pacific Ocean. Panama is the 08th biggest country in North America with regard to land area. Across the globe, Panama has secured the 57th position in terms of area as it covers approximately 75,417 km^2 of land area.
Total exports of Panama, as per Panama export data until the year 2020 were 4.04 billion USD.
As presented by Panama trade data for the year 2020, Panama stood in the 122nd position as the largest exporter of goods in the world among 226 countries. The top commodities exported by Panama to date are Copper ores ($1.03B), Banana ($369M), and stuffed medicines ($332M). Passenger and cargo ships and refined petroleum are additionally on the rundown.
The population of Panama was close to 43.79 lakhs as per 2020 Sensex. Significant commodity accomplices of Panama as recorded in Panama trade data are Guatemala ($612M), followed by China ($406M), then the Netherlands ($300M). South Korea and the United States are also the biggest partners of Panama.
In Panama export data and Panama trade data, you will find a variety of fields such as the total value of the currency, product description, quantity, price, and more things. It includes complete details related to HS codes, exporter name, country of destination, etc. This custom export data is very important data for traders and marketers that assist them in taking their decisions wisely.
For your convenience and better understanding, we have enclosed a sample featuring custom Panama export data so that you can experience what the custom Panama export data with complete details look like.
|PANAMA EXPORT DATA|
|EXPORTER NAME||MINERA PANAMA S A|
|HS CODE DESCRIPTION||COPPER ORES AND CONCENTRATES|
|NET WEIGHT IN KGM||10120000||TOTAL FOB VALUE||20033423.52|
|CUSTOMS||NORTH ZONE (COLON)||MODE OF TRANSPORT||SEA|
|ORIGIN COUNTRY||PANAMA||DESTINATION COUNTRY||CHINA|
Panama export data is consolidated data of both, statistics, and shipment information. It is derived from Panama trade data. Due to this distinctive feature of this data, it is a very handy and useful piece of the report that can give complete information to the trader and marketer.
Apart from this Panama export data is capable to make a person aware of the modes of transport and destination country. Panama trade data even provide competitor analysis of different companies in a particular region which can be very beneficial for each marketer and trader so that he can take his final decision accurately.
Our final verdict says that Panama is having a negative trade balance with a big margin. It’s a bad signal that the economy is not in the best state of affairs. Traders from the nation can export their products freely to different countries such as Guatemala, China, and the Netherlands. The primary products that will drive profits to exporters will be copper ores, fruits, and medicines.