# Germany exports to Panama: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Germany reported $377.5M 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 | $377.5M | 2024 route total |
| Exports needing review | 37% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 23 | High-attention product types |
| Export volatility | 1.1 | Higher means bigger yearly swings |
| Below highest year | 21.9% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 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 | 7.9% | Watch |
| 2 | 300431 | Medicaments: containing insulin, for therapeutic or prophylactic uses, packaged for retail sale | $35.0M | 0% | High attention |
| 3 | 300212 | Blood, human or animal, antisera, other blood fractions and immunological products: antisera and other blood fractions | $51.1M | 10.4% | Watch |
| 4 | 890190 | Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods | $6.0B | 83.5% | Critical attention |
| 5 | 300630 | Pharmaceutical goods: opacifying preparations for x-ray examinations, diagnostic reagents designed to be administered to the patient | $21.0M | 0% | High attention |
| 6 | 901890 | Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018 | $64.4M | 0% | Stable |
| 7 | 300215 | Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $198.2M | 16.8% | High attention |
| 8 | 300439 | Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale | $78.4M | 30.5% | Stable |
| 9 | 870323 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $213.2M | 73.5% | Watch |
| 10 | 300449 | Medicaments: containing alkaloids or their derivatives: other than ephedrine, pseudoephedrine (INN) or norephedrine or their salts: for therapeutic or prophylactic uses, packaged for retail sale | $13.5M | 0% | 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.