# Colombia exports to Panama: Trade Route Risk | Yugalinks

Understand reported exports from Colombia to Panama, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/COL-PAN/risk

## Route overview

In 2024, Colombia reported $4.2B in goods exports to Panama. The overall review level is Watch.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $4.2B | 2024 route total |
| Exports needing review | 2.2% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 18 | High-attention product types |
| Export volatility | 0.9 | Higher means bigger yearly swings |
| Below highest year | 26.2% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 270900 | Oils: petroleum oils and oils obtained from bituminous minerals, crude | $13.1B | 25.8% | Watch |
| 2 | 271019 | Not reported | $5.4B | 65.1% | Critical attention |
| 3 | 300490 | Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $786.4M | 5.7% | Stable |
| 4 | 850421 | Electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kVA | $14.7M | 0% | High attention |
| 5 | 940360 | Furniture: wooden, other than for office, kitchen or bedroom use | $39.5M | 0% | Stable |
| 6 | 330499 | Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $82.3M | 0% | Watch |
| 7 | 170490 | Sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa | $27.8M | 0% | Stable |
| 8 | 210690 | Food preparations: n.e.s. in item no. 2106.10 | $184.1M | 0% | Stable |
| 9 | 151190 | Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | $11.8M | 24% | Watch |
| 10 | 151790 | Edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this chapter, other than edible fats or oils of heading no. 1516 | $13.8M | 69.9% | High attention |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.