# Panama exports to South Korea: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Panama reported $133.6M in goods exports to South Korea. 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 | $133.6M | 2024 route total |
| Exports needing review | 83.5% | Share of route exports |
| Highest-priority products | 2 | Need the closest review |
| Products needing review | 6 | High-attention product types |
| Export volatility | 1 | Higher means bigger yearly swings |
| Below highest year | 49.9% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 890120 | Tankers | $1.4B | 93% | High attention |
| 2 | 890130 | Vessels, refrigerated: other than tankers | $25.6M | 0% | High attention |
| 3 | 740400 | Copper: waste and scrap | $2.1B | 0% | 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 | $1.1B | 96.7% | Critical attention |
| 5 | 271112 | Petroleum gases and other gaseous hydrocarbons: liquefied, propane | $3.4B | 77.5% | Critical attention |
| 6 | 890110 | Cruise ships, excursion boats and similar vessels, principally designed for the transport of persons, ferry boats of all kinds | $25.4M | 51.9% | High attention |
| 7 | 902910 | Meters and counters: revolution counters, production counters, taximeters, mileometers, pedometers and the like | $16.9M | 0% | High attention |
| 8 | 090111 | Coffee: not roasted or decaffeinated | $754.2M | 0% | Watch |
| 9 | 760200 | Aluminium: waste and scrap | $1.7B | 19.7% | Stable |
| 10 | 720449 | Ferrous waste and scrap: n.e.s. in heading no. 7204 | $628.0M | 90.7% | 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.