Panama, "the world's 8th largest copper exporter"
Panama is an emerging economy. It is currently ranked 78th largest economy. In terms of exports, it is the 112th leading exporter of goods in the world. According to the Panama import export data reports, Panama's total trade stood at $33 billion during the fiscal year 2022. Panama's top trading partners were the USA, China, Japan and South Korea. Panama makes most of its trade in mining products. As per Panama export data reports, Panama’s total exports were recorded to be $15.5 billion in the fiscal year 2022. It was 16% more compared to the $13 billion in 2021. Panama's majority of the exports came from ores, slag and ash. In which, copper was the top exported product. Also, Panama is the 8th largest exporter of copper ores. Panama customs data suggests that the country's overall copper exports crossed over $2.8 billion in 2022. China was the leading importer of Panama's copper with 35% share in Panama's overall copper exports. China's total copper i...