Trade route overview

Hong Kong exports to Panama
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

HKG-PAN2024 reported exports126 product typesHigh attention review level
Latest reported exports$131.9M2024 route total
Highest-priority products0Need the closest review
Products needing review16High-attention product types
Exports needing review85.6%Share of route exports
Overall review levelHigh attentionBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Hong Kong reported $131.9M in goods exports to Panama. 16 product types are marked for closer review, covering 85.6% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Hong Kong to Panama in the latest available year.

$131.9M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

85.6% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

126 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Hong Kong to Panama. Bar lengths are relative to the highest year shown.

Latest annual total$155.5M2024 annual history
Highest year$1.2B1997 annual history
Latest below highest86.5%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$105.5M
Still below the previous high
$42.7M
Buyer demand is falling
$0.0
Product mix is concentrated
$42.2M
Tariffs and access rules
$131.9M
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility1.2Higher means bigger yearly swings
Below highest year29.1%Compared with the route's best year
Product concentration (HHI)3,742.40-10,000 scale; higher means fewer products dominate
Largest product share60.7%Share from the biggest product

Largest product

Telephones for cellular networks or for other wireless networks

Product code HS6 851712 makes up 60.7% of exports from Hong Kong to Panama. The main reason to review it is: Trade has varied substantially across reported years

See product rows
Exports of this product$80.0M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Hong Kong exports to Panama
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Telephones for cellular networks or for other wireless networksHS6 851712 - six-digit product code$320.2M0%1.3High attention
2Wrist-watches: whether or not incorporating a stop-watch facility, with automatic windingHS6 910221 - six-digit product code$16.4M72.3%0.5High attention
3Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display onlyHS6 910211 - six-digit product code$21.9M95.1%0.7High attention
4Iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plasticsHS6 721070 - six-digit product code$29.9M0%1.3High attention
5Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leatherHS6 640399 - six-digit product code$68.6M92%0.6High attention
6Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a displayHS6 847130 - six-digit product code$261.9M84%1.6High attention
7Television cameras, digital cameras and video camera recordersHS6 852580 - six-digit product code$170.9M90.2%1.1High attention
8Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crochetedHS6 611020 - six-digit product code$27.0M93.6%1.1High attention
9Trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted)HS6 620462 - six-digit product code$176.3M98.2%0.8High attention
10Footwear: n.e.s. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plasticsHS6 640299 - six-digit product code$292.1M98%1High attention

Buyer-market imports are total imports of that product into the buyer market, not only exports from Hong Kong. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets16,254 kmApproximate route distance
Trade agreement (FTA)NoReported agreement coverage
Average import tariff12.2%Average tax applied to imports
Buyer economy size$63.6B2024 gross domestic product
Buyer GDP per person$14.5KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemNoReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time6 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

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.

How much did Hong Kong export to Panama?

Hong Kong reported $131.9M in goods exports to Panama in 2024.

What does "exports needing review" mean?

85.6% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.