# Japan exports to Panama: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Japan reported $4.5B in goods exports to Panama. The overall review level is Critical 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 | $4.5B | 2024 route total |
| Exports needing review | 98.7% | Share of route exports |
| Highest-priority products | 7 | Need the closest review |
| Products needing review | 35 | High-attention product types |
| Export volatility | 0.6 | Higher means bigger yearly swings |
| Below highest year | 69.3% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 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 | 71.8% | Critical attention |
| 2 | 890120 | Tankers | $1.3B | 88.9% | Critical attention |
| 3 | 860310 | Railway or tramway coaches, vans and trucks: self-propelled, powered from an external source of electricity (excluding those of heading no. 8604) | $63.9M | 0% | High attention |
| 4 | 870323 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $213.2M | 51.8% | High attention |
| 5 | 860500 | Railway or tramway coaches: passenger coaches, luggage vans, post office coaches and other special purpose railway or tramway coaches, not self-propelled (excluding those of heading no. 8604) | $47.3M | 0% | High attention |
| 6 | 842911 | Bulldozers and angledozers: self-propelled, track laying | $31.7M | 62.3% | Critical attention |
| 7 | 870333 | Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 2500cc | $62.2M | 58.8% | Critical attention |
| 8 | 842952 | Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure | $50.3M | 75.9% | Critical attention |
| 9 | 844399 | Printing machinery: parts and accessories, n.e.c. in item no. 8443.91 | $64.8M | 0% | High attention |
| 10 | 848210 | Ball bearings | $29.7M | 40.2% | 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.