Ecuador vs Panama: Merchandise exports by the reporting economy, residual

Ecuador
0.2%
in 2023
Panama
0.2%
in 2023
Ecuador rank
12th
Panama rank
10th

Merchandise exports by the reporting economy, residual over time

  • Ecuador
  • Panama
02468196019912023

How they compare

Panama currently reports 0.2% against 0.2% in Ecuador, a difference of 0.0%.

That makes Panama's figure about 1.3 times Ecuador's.

The two have swapped places 15 times across 64 shared years of data; in 1960 it was Ecuador ahead.

Ecuador ranks 12th and Panama ranks 10th of 206 countries.

Across the 7 decades both report, Ecuador averaged higher in 3 and Panama in 4.

Head to head by decade

Decade Ecuador Panama Difference Ahead
1960s 0.4% 0.2% 0.3% Ecuador
1970s 0.4% 0.6% 0.2% Panama
1980s 1.2% 1.4% 0.2% Panama
1990s 0.8% 1.5% 0.7% Panama
2000s 2.6% 0.6% 2.0% Ecuador
2010s 2.4% 0.3% 2.1% Ecuador
2020s 0.2% 0.2% 0.0% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy, residual, Ecuador or Panama?
Panama, at 0.2% against 0.2% in Ecuador as of 2023.
What is the difference in merchandise exports by the reporting economy, residual between Ecuador and Panama?
0.0%, with Panama ahead.
How many years of comparable data are there for Ecuador and Panama?
64 years are reported by both, from 1960 to 2023.
How do Ecuador and Panama rank globally for merchandise exports by the reporting economy, residual?
Ecuador ranks 12th and Panama ranks 10th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports by the reporting economy, residual (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs Panama: Merchandise exports by the reporting economy, residual. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-residual-percent-of-total-merchandise-exports/ecuador/panama/

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About this data

Indicator
Merchandise exports by the reporting economy, residual (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,488 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.