Key Market Indicators
The country was ranked at number 24 in 2016, with Canada coming ahead with $40,750. Germany, USA and the Netherlands respectively took 2nd, 3rd and 4th place in the rankings. Panamanian aircraft parts exports have nosedived in 2021, falling 76.2% from $9,500 in 2020 to $2,260. Since 2011, exports have decreased by more than 40%, leaving the country at 109th in the global rankings, behind Belize with $2,260. Germany, Singapore and France took the top three spots. Imports have also plummeted, dropping 70.4% from $135,550 in 2015 to $40,750 in 2016. Panama was ranked 24th, with Canada ahead with $40,750. Germany, the USA and the Netherlands took the next three places.
