# Panama exports to Canada: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Panama reported $7.5M in goods exports to Canada. 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 | $7.5M | 2024 route total |
| Exports needing review | 42.4% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 2 | High-attention product types |
| Export volatility | 1.7 | Higher means bigger yearly swings |
| Below highest year | 20.2% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 392321 | Ethylene polymers: sacks and bags (including cones), for the conveyance or packing of goods | $573.0M | 0% | High attention |
| 2 | 150420 | Fats and oils and their fractions: of fish, (excluding liver-oils) | $228.3M | 60.5% | High attention |
| 3 | 220840 | Rum and other spirits obtained by distilling fermented sugar-cane products | $88.7M | 58.2% | Watch |
| 4 | 392329 | Plastics: sacks and bags (including cones), for the conveyance or packing of goods, of plastics other than ethylene polymers | $134.8M | 0% | Watch |
| 5 | 843049 | Boring and sinking machinery: not self-propelled | $48.0M | 0% | Watch |
| 6 | 151590 | Vegetable fats and oils and their fractions: fixed, n.e.s. in heading no. 1515, whether or not refined, but not chemically modified | $125.8M | 43.9% | Stable |
| 7 | 902300 | Instruments, apparatus and models: designed for demonstrational purposes (in education or exhibitions), unsuitable for other uses | $134.5M | 0% | Watch |
| 8 | 080430 | Fruit, edible: pineapples, fresh or dried | $130.0M | 15.1% | Watch |
| 9 | 090122 | Coffee: roasted, decaffeinated | $48.8M | 0% | Watch |
| 10 | 080720 | Fruit, edible: papaws (papayas), fresh | $26.8M | 0% | 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.