{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:21.088Z",
  "seo": {
    "title": "Panama exports to Paraguay: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Panama to Paraguay, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "PAN",
    "country_name": "Panama"
  },
  "importer": {
    "iso3": "PRY",
    "country_name": "Paraguay"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "PAN",
    "importer_iso3": "PRY",
    "all_history_lane_count": 62,
    "current_lane_count": 34,
    "current_product_count": 34,
    "first_observed_last_year": 1995,
    "latest_data_year": 2024,
    "current_trade_usd": 11140803.03,
    "attention_trade_usd": 6853052.29,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 9593972.509999998,
    "unrecovered_drawdown_trade_usd": 9015919.29,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 2223058.88,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 25,
    "unrecovered_drawdown_lane_count": 21,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 19,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.2231664013156487,
    "trade_weighted_below_peak_pct": 70.26238529139876,
    "product_concentration_hhi": 3911.4107175842687,
    "top1_product_share_pct": 61.513090856611264,
    "top3_product_share_pct": 73.68333600275491,
    "top_product_hs6": "271019",
    "top_product_trade_usd": 6853052.29,
    "top_product_description": "",
    "top_attention_product_hs6": "271019",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": 4482.1494140625,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.6510000228881836,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 14.706544368282831,
    "avg_mfn_tariff_pct": 14.752774503434345,
    "avg_preferential_tariff_pct": 10.159549230101007,
    "tariff_advantage_pp": 4.59322527333334,
    "buyer_biz_entry_days": 35,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 38986.810989,
    "buyer_gdp_pc_latest": 5400,
    "buyer_population_latest": 7219.641,
    "buyer_gdp_5y_cagr_pct": 3.2296186225791113,
    "buyer_gdp_pc_5y_cagr_pct": 1.9651940186437677,
    "buyer_population_5y_cagr_pct": 1.240055114987726,
    "buyer_investment_5y_avg_pct": 21.45,
    "buyer_savings_5y_avg_pct": 24.94,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 61.513090856611264,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 38986.810989,
    "buyer_gdp_pc_2024": 5400,
    "buyer_population_2024": 7219.641
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 8241537.523967702,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 5628085.907789255,
      "yoy_growth_pct": -31.71072883643512,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 3060479.43641034,
      "yoy_growth_pct": -45.62130915282147,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 2635080.9869651417,
      "yoy_growth_pct": -13.899732322467473,
      "cagr_3y_pct": -31.620081994105586
    },
    {
      "year": 1999,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 1661271.527515444,
      "yoy_growth_pct": -36.955579895525226,
      "cagr_3y_pct": -33.41751990164581
    },
    {
      "year": 2000,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 956799.1437207072,
      "yoy_growth_pct": -42.40561353918634,
      "cagr_3y_pct": -32.13011644596547
    },
    {
      "year": 2001,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 831714.8437808317,
      "yoy_growth_pct": -13.073203583090587,
      "cagr_3y_pct": -31.9136329558133
    },
    {
      "year": 2002,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 339729.27778533456,
      "yoy_growth_pct": -59.15315443439917,
      "cagr_3y_pct": -41.08433491397112
    },
    {
      "year": 2003,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 503594.38864213787,
      "yoy_growth_pct": 48.23402678892605,
      "cagr_3y_pct": -19.260379933207105
    },
    {
      "year": 2004,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 1156043.2456823108,
      "yoy_growth_pct": 129.55840488997455,
      "cagr_3y_pct": 11.600603392383423
    },
    {
      "year": 2005,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 881197.4789911957,
      "yoy_growth_pct": -23.77469594823832,
      "cagr_3y_pct": 37.39789843766628
    },
    {
      "year": 2006,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 12425658.305858323,
      "yoy_growth_pct": 1310.0878182360836,
      "cagr_3y_pct": 191.12500443059247
    },
    {
      "year": 2007,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 20148761.023787808,
      "yoy_growth_pct": 62.15447526259654,
      "cagr_3y_pct": 159.27347495547542
    },
    {
      "year": 2008,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 30545675.09236728,
      "yoy_growth_pct": 51.60076123938728,
      "cagr_3y_pct": 226.05597316146796
    },
    {
      "year": 2009,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 27460683.030028865,
      "yoy_growth_pct": -10.099603472536412,
      "cagr_3y_pct": 30.25587166287731
    },
    {
      "year": 2010,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 41189633.95121348,
      "yoy_growth_pct": 49.99493605520191,
      "cagr_3y_pct": 26.915070545880226
    },
    {
      "year": 2011,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 45528208.75247372,
      "yoy_growth_pct": 10.533171541167397,
      "cagr_3y_pct": 14.229150045803962
    },
    {
      "year": 2012,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 35702216.62816353,
      "yoy_growth_pct": -21.582206709980223,
      "cagr_3y_pct": 9.142680376958934
    },
    {
      "year": 2013,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 35639619.043959185,
      "yoy_growth_pct": -0.17533248665284606,
      "cagr_3y_pct": -4.709770355429632
    },
    {
      "year": 2014,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 102833837.27233095,
      "yoy_growth_pct": 188.53798113131347,
      "cagr_3y_pct": 31.205435169044172
    },
    {
      "year": 2015,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 86762118.73826247,
      "yoy_growth_pct": -15.62882311928744,
      "cagr_3y_pct": 34.445103369888905
    },
    {
      "year": 2016,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 90082041.12893225,
      "yoy_growth_pct": 3.826465327207007,
      "cagr_3y_pct": 36.21817421857727
    },
    {
      "year": 2017,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 98180727.86632816,
      "yoy_growth_pct": 8.990345507163244,
      "cagr_3y_pct": -1.5316331057760424
    },
    {
      "year": 2018,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 141943154.8326484,
      "yoy_growth_pct": 44.57333727032684,
      "cagr_3y_pct": 17.831507755253682
    },
    {
      "year": 2019,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 114506322.87795857,
      "yoy_growth_pct": -19.329450572687335,
      "cagr_3y_pct": 8.325428787087397
    },
    {
      "year": 2020,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 17508115.81256677,
      "yoy_growth_pct": -84.70991350300629,
      "cagr_3y_pct": -43.71348140093232
    },
    {
      "year": 2021,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 6998750.0069767395,
      "yoy_growth_pct": -60.025681336004986,
      "cagr_3y_pct": -63.33075154370719
    },
    {
      "year": 2022,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 8722024.858975852,
      "yoy_growth_pct": 24.622609041346767,
      "cagr_3y_pct": -57.610078021235026
    },
    {
      "year": 2023,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 10685820.097457776,
      "yoy_growth_pct": 22.51535933724127,
      "cagr_3y_pct": -15.175205563123717
    },
    {
      "year": 2024,
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "export_value_usd": 19790645.00000002,
      "yoy_growth_pct": 85.20473692710154,
      "cagr_3y_pct": 41.409902409648325
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 964659533.3148592,
      "current_below_peak_pct": 90.78608230260818,
      "lane_volatility_cv": 1.2582579331500976,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "330300",
      "hs_description": "Perfumes and toilet waters",
      "buyer_imports_latest_usd": 149438191.83111095,
      "current_below_peak_pct": 74.34651733470538,
      "lane_volatility_cv": 0.989417391030764,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "420212",
      "hs_description": "Cases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials",
      "buyer_imports_latest_usd": 13650633.88846709,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.246027251211029,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "330499",
      "hs_description": "Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)",
      "buyer_imports_latest_usd": 30164040.696881622,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1202252258683005,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "210690",
      "hs_description": "Food preparations: n.e.s. in item no. 2106.10",
      "buyer_imports_latest_usd": 101329125.99053669,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3037836224994932,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "950300",
      "hs_description": "Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds",
      "buyer_imports_latest_usd": 36561697.91704459,
      "current_below_peak_pct": 70.53591964117561,
      "lane_volatility_cv": 1.1797484549798811,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "220830",
      "hs_description": "Whiskies",
      "buyer_imports_latest_usd": 20740820.65853448,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.5029780642240986,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "390761",
      "hs_description": "Poly(ethylene terephthalate): in primary forms, having a viscosity of 78ml/g or higher",
      "buyer_imports_latest_usd": 56877352.09805885,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "330590",
      "hs_description": "Hair preparations: n.e.s. in heading no. 3305",
      "buyer_imports_latest_usd": 24475777.132225562,
      "current_below_peak_pct": 90.05523892836804,
      "lane_volatility_cv": 1.9524701656347156,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "PAN",
      "importer_iso3": "PRY",
      "hs_code": "841590",
      "hs_description": "Air conditioning machines: with motor driven fan and elements for temperature control, parts thereof",
      "buyer_imports_latest_usd": 10045224.604820382,
      "current_below_peak_pct": 4.266745937401867,
      "lane_volatility_cv": 1.8444615507430757,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "PAN",
    "importer_iso3": "PRY",
    "distance_km": 4475,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "shares_ethnic_language": 1,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 38986.810989,
    "importer_gdp_per_capita_usd": 5400.103826353693,
    "importer_population": 7219.641,
    "importer_biz_entry_days": 35,
    "importer_biz_entry_cost_pct": 52.2,
    "exporter_gdp_million_usd": 63605.0658,
    "exporter_gdp_per_capita_usd": 14516.458047240005,
    "avg_applied_tariff_pct": 14.706544368282831,
    "avg_mfn_tariff_pct": 14.752774503434345,
    "avg_preferential_tariff_pct": 10.159549230101007,
    "tariff_advantage_pp": 4.59322527333334
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/PAN-PRY/risk",
    "html": "https://www.yugalinks.com/trade/corridor/PAN-PRY/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/PAN-PRY/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/PAN-PRY/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/PAN-PRY/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}