{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:15.023Z", "seo": { "title": "Barbados exports to Panama: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Barbados to Panama, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "BRB", "country_name": "Barbados" }, "importer": { "iso3": "PAN", "country_name": "Panama" }, "latestYear": 2024, "risk": { "exporter_iso3": "BRB", "importer_iso3": "PAN", "all_history_lane_count": 26, "current_lane_count": 3, "current_product_count": 3, "first_observed_last_year": 1996, "latest_data_year": 2024, "current_trade_usd": 331384.4820348084, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 0, "unrecovered_drawdown_trade_usd": 49974.0133071779, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 49974.0133071779, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 0, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 1, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.804121231306918, "trade_weighted_below_peak_pct": 7.734825405682386, "product_concentration_hhi": 4838.363932230143, "top1_product_share_pct": 64.87938920490022, "top3_product_share_pct": 100, "top_product_hs6": "220870", "top_product_trade_usd": 215000.22786400598, "top_product_description": "Liqueurs and cordials", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 2219.80810546875, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": 12.196142178989898, "avg_mfn_tariff_pct": 12.196142178989898, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 6, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 63605.0658, "buyer_gdp_pc_latest": 14516, "buyer_population_latest": 4381.583, "buyer_gdp_5y_cagr_pct": 4.395634788621838, "buyer_gdp_pc_5y_cagr_pct": 3.063341443383494, "buyer_population_5y_cagr_pct": 1.2926937226950042, "buyer_investment_5y_avg_pct": 37.974000000000004, "buyer_savings_5y_avg_pct": 37.7, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Stable", "primary_risk_reason": "Current trade remains materially below historical peaks", "buyer_gdp_mn_2024": 63605.0658, "buyer_gdp_pc_2024": 14516, "buyer_population_2024": 4381.583 }, "history": [ { "year": 1995, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 335167.0782203415, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 442063.807189917, "yoy_growth_pct": 31.893564707241563, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 832670.5730412914, "yoy_growth_pct": 88.35981582259778, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 99910.77433999554, "yoy_growth_pct": -88.00116425694306, "cagr_3y_pct": -33.198893360317214 }, { "year": 1999, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 64341.31927062381, "yoy_growth_pct": -35.60122049332654, "cagr_3y_pct": -47.398071417390696 }, { "year": 2000, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 65042.21804284904, "yoy_growth_pct": 1.0893447323907068, "cagr_3y_pct": -57.25282930350991 }, { "year": 2001, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 636042.1977113908, "yoy_growth_pct": 877.8913094451573, "cagr_3y_pct": 85.33518172554635 }, { "year": 2002, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 765319.0718155284, "yoy_growth_pct": 20.325203983210894, "cagr_3y_pct": 128.27106140713292 }, { "year": 2003, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 1649811.9450478212, "yoy_growth_pct": 115.57177990273443, "cagr_3y_pct": 193.81888088391293 }, { "year": 2004, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 959897.998913384, "yoy_growth_pct": -41.81773251220092, "cagr_3y_pct": 14.704305287996512 }, { "year": 2005, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 9381222.61449431, "yoy_growth_pct": 877.3145297848278, "cagr_3y_pct": 130.57150547725044 }, { "year": 2006, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 5377086.104848824, "yoy_growth_pct": -42.68245914406676, "cagr_3y_pct": 48.26461554437898 }, { "year": 2007, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 2396969.5554248136, "yoy_growth_pct": -55.42251865255924, "cagr_3y_pct": 35.668537667320834 }, { "year": 2008, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 4777920.473660664, "yoy_growth_pct": 99.33171294759626, "cagr_3y_pct": -20.14051748234812 }, { "year": 2009, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 1001814.3606241568, "yoy_growth_pct": -79.03241868200028, "cagr_3y_pct": -42.88545071516891 }, { "year": 2010, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 421440.3940881017, "yoy_growth_pct": -57.932286593942095, "cagr_3y_pct": -43.978094001279665 }, { "year": 2011, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 1530672.1166186375, "yoy_growth_pct": 263.2001436242611, "cagr_3y_pct": -31.57506113670503 }, { "year": 2012, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 1107861.674442594, "yoy_growth_pct": -27.622535067148256, "cagr_3y_pct": 3.4108469894259086 }, { "year": 2013, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 2616234.592916434, "yoy_growth_pct": 136.15173746602963, "cagr_3y_pct": 83.78645807162597 }, { "year": 2014, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 1794740.1898457622, "yoy_growth_pct": -31.39987542764333, "cagr_3y_pct": 5.44835417629741 }, { "year": 2015, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 7009306.683476494, "yoy_growth_pct": 290.5471512330074, "cagr_3y_pct": 84.95376422621234 }, { "year": 2016, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 7912469.439048033, "yoy_growth_pct": 12.885193876601587, "cagr_3y_pct": 44.61448232475962 }, { "year": 2017, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 23249521.647477627, "yoy_growth_pct": 193.83395192329274, "cagr_3y_pct": 134.85734368907237 }, { "year": 2018, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 4544932.998403247, "yoy_growth_pct": -80.45149888537026, "cagr_3y_pct": -13.446598328780478 }, { "year": 2019, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 6747579.400256214, "yoy_growth_pct": 48.463781592089774, "cagr_3y_pct": -5.170094154190963 }, { "year": 2020, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 844542.9570950512, "yoy_growth_pct": -87.48376407303955, "cagr_3y_pct": -66.88160810517425 }, { "year": 2021, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 685678.6300988018, "yoy_growth_pct": -18.810686379138154, "cagr_3y_pct": -46.76494467632666 }, { "year": 2022, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 757379.1831213618, "yoy_growth_pct": 10.456874383299407, "cagr_3y_pct": -51.7620932657201 }, { "year": 2023, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 900096.7316891773, "yoy_growth_pct": 18.843605917400374, "cagr_3y_pct": 2.1462623837065875 }, { "year": 2024, "exporter_iso3": "BRB", "importer_iso3": "PAN", "export_value_usd": 1217222.795509049, "yoy_growth_pct": 35.23244254256242, "cagr_3y_pct": 21.08299484833882 } ], "riskLanes": [ { "exporter_iso3": "BRB", "importer_iso3": "PAN", "hs_code": "220870", "hs_description": "Liqueurs and cordials", "buyer_imports_latest_usd": 29089114.853418134, "current_below_peak_pct": 0, "lane_volatility_cv": 0.7947727775305956, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "BRB", "importer_iso3": "PAN", "hs_code": "330749", "hs_description": "Perfumes and deodorizors: perfuming or deodorizing preparations for rooms, (excluding those which operate by burning)", "buyer_imports_latest_usd": 10582617.457747597, "current_below_peak_pct": 0, "lane_volatility_cv": 0.7791235857821907, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "BRB", "importer_iso3": "PAN", "hs_code": "380894", "hs_description": "Disinfectants and similar products: not containing substances of 3808.50: in forms, packings or articles for retail sale", "buyer_imports_latest_usd": 26507732.519614596, "current_below_peak_pct": 51.29067971660333, "lane_volatility_cv": 0.8775597868587295, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "BRB", "importer_iso3": "PAN", "distance_km": 2221, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63605.0658, "importer_gdp_per_capita_usd": 14516.458047240005, "importer_population": 4381.583, "importer_biz_entry_days": 6, "importer_biz_entry_cost_pct": 5.8, "exporter_gdp_million_usd": 4900.8, "exporter_gdp_per_capita_usd": 17033.937186313902, "avg_applied_tariff_pct": 12.196142178989898, "avg_mfn_tariff_pct": 12.196142178989898, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/BRB-PAN/risk", "html": "https://www.yugalinks.com/trade/corridor/BRB-PAN/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/BRB-PAN/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/BRB-PAN/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/BRB-PAN/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }