# Ecuador exports to Panama: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Ecuador reported $5.7B in goods exports to Panama. The overall review level is High attention.

## 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 | $5.7B | 2024 route total |
| Exports needing review | 99% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 7 | High-attention product types |
| Export volatility | 1.3 | Higher means bigger yearly swings |
| Below highest year | 3.2% | 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 | 0% | High attention |
| 2 | 271019 | Not reported | $5.4B | 55.5% | High attention |
| 3 | 230990 | Dog or cat food: (not put up for retail sale), used in animal feeding | $92.6M | 0% | Watch |
| 4 | 850421 | Electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kVA | $14.7M | 0% | High attention |
| 5 | 160414 | Fish preparations: tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) | $33.3M | 7.5% | Stable |
| 6 | 271500 | Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (e.g. bituminous mastics, cut-backs) | $20.8M | 0% | Watch |
| 7 | 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 | 0% | Watch |
| 8 | 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 | 69.2% | High attention |
| 9 | 732111 | Cooking appliances and plate warmers: for gas fuel or for both gas and other fuels, of iron or steel | $48.8M | 41.5% | High attention |
| 10 | 210690 | Food preparations: n.e.s. in item no. 2106.10 | $184.1M | 8% | Watch |

## 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.