Bananas — Revealed comparative advantage index in Panama

Panama: Bananas — Revealed comparative advantage index was 47.78 in 2024. ▲ Rising

Latest (2024)
47.78
Change on year
down 6.9%
World rank
2nd
of 135 countries
All-time high
57.53
in 2021
All-time low
14.88
in 2017
Years of data
12
2010–2024

Bananas — Revealed comparative advantage index in Panama, 2010–2024

1020304050602010201720242010: 31.42011: 41.52012: 39.42013: 38.52017: 14.92018: 16.62019: 18.42020: 24.52021: 57.52022: 502023: 51.32024: 47.8

Source: Food and Agriculture Organization of the United Nations.

Analysis

Panama recorded 47.78 for bananas — revealed comparative advantage index in 2024.

Compared with earlier readings it is down 6.9% on the previous year and up 24.2% over ten years.

Over the whole period, bananas — revealed comparative advantage index in Panama peaked at 57.53 in 2021 and was at its lowest, 14.88, in 2017.

That places Panama 2nd out of 135 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 28.67 14.88 41.5 7
2020s 46.22 24.49 57.53 5

Countries ranked near Panama

  1. 1 Ecuador 49.71 compare
  2. 3 Belize 28.07 compare
  3. 4 Costa Rica 26.24 compare
  4. 5 Philippines 24.76 compare

See the full ranking of 137 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is bananas — revealed comparative advantage index in Panama?
Bananas — revealed comparative advantage index in Panama was 47.78 in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest bananas — revealed comparative advantage index recorded in Panama?
The highest recorded value was 57.53 in 2021.
What is the lowest bananas — revealed comparative advantage index recorded in Panama?
The lowest recorded value was 14.88 in 2017.
How does Panama rank for bananas — revealed comparative advantage index?
Panama ranks 2nd out of 135 countries with data for 2024.
Is bananas — revealed comparative advantage index rising or falling in Panama?
Over the last ten years it is up 24.2%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Revealed comparative advantage index. Statizoid updates them automatically from the source API.

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CSV · JSON — 12 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

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Bananas — Revealed comparative advantage index in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 August 2026, from https://agriculture.statizoid.com/stat/bananas-revealed-comparative-advantage-index/panama/

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About this data

Indicator
Bananas — Revealed comparative advantage index
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
137 places, 1,712 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK