Panama | Imports and Exports | World | Cane or beet sugar and chemically pure sucrose, in solid form | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 1701. Cane or beet sugar and chemically pure sucrose, in solid form | Panama | World | Exports | Value (US$) | 204,042.00 | 279,007.00 | 27,714,063.00 | 20,108,073.00 | 30,862,959.00 | 26,365,013.00 | 30,597,463.00 | 24,922,101.00 | 25,916,574.00 | 23,676,274.00 | 24,545,933.00 | 24,568,192.00 |
| Value Growth, YoY (%) | -99.46 | 36.73 | 9,833.10 | -27.44 | 53.48 | -14.57 | 16.05 | -18.54 | 3.99 | -8.64 | 3.67 | 0.09 | ||||
| Imports | Value (US$) | 414,563.00 | 429,680.00 | 257,219.00 | 194,043.00 | 914,931.00 | 1,534,048.00 | 1,077,857.00 | 577,294.00 | 316,012.00 | 454,536.00 | 624,757.00 | 627,707.00 | |||
| Value Growth, YoY (%) | -58.23 | 3.64 | -40.13 | -24.56 | 371.50 | 67.66 | -29.73 | -46.44 | -45.25 | 43.83 | 37.44 | 0.47 |
The value of exports of commodity group 1701 "Cane or beet sugar and chemically pure sucrose, in solid form" from Panama totalled $ 24 million in 2023. Sales of commodity group 1701 from Panama went up by 0.09% compared to 2022: exports of commodity group 1701 "Cane or beet sugar and chemically pure sucrose, in solid form" went up by $ 22 thousand (cumulative exports of commodity group 1701 from Panama amounted $24 million in 2022)
Exports of commodity group 1701 "Cane or beet sugar and chemically pure sucrose, in solid form" amounted to 0.729% of total exports from Panama (cumulative merchandise exports from Panama totalled $ 3.36 billion in 2023). The share of commodity group 1701 in total exports from Panama increased by 0.057 p.p. compared to 2022 (it was 0.672% in 2022 and cumulative exports from Panama were equal to $ 3.65 billion).
Exports of commodity group 1701 amounted to 87% of total sales of group "" from Panama in 2023 (the value of exports of commodity group from Panama amounted to $27 million in 2023). The share of exports of commodity group 1701 in sales of commodity group from Panama increased by 0.84 p.p. compared to 2022 (it was 87% in 2022, and exports of commodity group from Panama were $28 million).
Where does Panama export Cane or beet sugar and chemically pure sucrose, in solid form?
Top export destinations of "Cane or beet sugar and chemically pure sucrose, in solid form" from Panama in 2023:
- USA with a share of 90% (22 million US$)
- Spain with a share of 9.41% (2.31 million US$)
- Venezuela - 45 thousand US$
- Korea - 37 thousand US$
- Free Zones - 28 thousand US$
- Cuba - 10.8 thousand US$
Exports structure of 1701 - Cane or beet sugar and chemically pure sucrose, in solid form - from Panama in 2023 represented by the following main commodity groups:
- 1.22% (301 thousand US$): 170191 - Sugars; sucrose, chemically pure, in solid form, containing added flavouring or colouring matter
- 0.049% (12.2 thousand US$): 170199 - Sugars; sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter
The value of imports of commodity group 1701 "Cane or beet sugar and chemically pure sucrose, in solid form" to Panama totalled $ 627 thousand in 2023. Sales of commodity group 1701 to Panama went up by 0.472% compared to 2022: imports of commodity group 1701 "Cane or beet sugar and chemically pure sucrose, in solid form" went up by $ 2.95 thousand (the value of imports of commodity group 1701 to Panama was equal to $624 thousand in 2022)
Imports of commodity group 1701 "Cane or beet sugar and chemically pure sucrose, in solid form" accounted for 0.004% of total import flow to Panama (in 2023, total imports to Panama amounted to $ 14.5 billion). The share of commodity group 1701 in total imports to Panama decreased by 0 p.p. compared to 2022 (it was 0.004% in 2022 and cumulative imports to Panama were equal to $ 15.2 billion).
Imports of commodity group 1701 reached 1.77% of total imports of group "" to Panama in 2023 (imports of commodity group to Panama totalled $35 million in 2023). The share of purchases of commodity group 1701 in imports of commodity group to Panama went down by 0.002 p.p. compared to 2022 (it was 1.78% in 2022, and imports of commodity group to Panama accounted for $35 million).
Where does Panama import Cane or beet sugar and chemically pure sucrose, in solid form from?
Top trading partners (import of "Cane or beet sugar and chemically pure sucrose, in solid form") of Panama in 2023:
- USA with a share of 96% (607 thousand US$)
- Costa Rica with a share of 1.04% (6.54 thousand US$)
- China with a share of 1.02% (6.44 thousand US$)
- Hong Kong - 2.27 thousand US$
- Free Zones - 2.2 thousand US$
- Spain - 1.27 thousand US$
- Other Asia, nes - 1.06 thousand US$
- Guatemala - 308 US$
- Indonesia - 173 US$
Imports structure of 1701 - Cane or beet sugar and chemically pure sucrose, in solid form - to Panama in 2023 represented by the following main commodity groups:
- 56% (356 thousand US$): 170191 - Sugars; sucrose, chemically pure, in solid form, containing added flavouring or colouring matter
- 43% (270 thousand US$): 170199 - Sugars; sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter
