{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:21.162Z", "seo": { "title": "Panama exports to Uruguay: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Panama to Uruguay, 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": "URY", "country_name": "Uruguay" }, "latestYear": 2024, "risk": { "exporter_iso3": "PAN", "importer_iso3": "URY", "all_history_lane_count": 33, "current_lane_count": 14, "current_product_count": 14, "first_observed_last_year": 1997, "latest_data_year": 2024, "current_trade_usd": 2213963.697893807, "attention_trade_usd": 1111768.4930464241, "critical_trade_usd": 0, "high_volatility_trade_usd": 2073654.40144452, "unrecovered_drawdown_trade_usd": 532183.1661501138, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 2094914.2695593517, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 10, "unrecovered_drawdown_lane_count": 9, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 11, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 2.3163273468315624, "trade_weighted_below_peak_pct": 21.887398110905742, "product_concentration_hhi": 3029.762761634748, "top1_product_share_pct": 50.21620246547286, "top3_product_share_pct": 76.18681023599923, "top_product_hs6": "851762", "top_product_trade_usd": 1111768.4930464241, "top_product_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus", "top_attention_product_hs6": "851762", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 5465.0556640625, "shares_land_border": 0, "shares_official_language": 1, "common_spoken_language_score": 0.9207000136375427, "has_reported_fta": 0, "avg_applied_tariff_pct": 9.597510541616163, "avg_mfn_tariff_pct": 9.678823294949494, "avg_preferential_tariff_pct": 10.023834908888892, "tariff_advantage_pp": -0.34501161393939855, "buyer_biz_entry_days": 6.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 59319.547636, "buyer_gdp_pc_latest": 17021, "buyer_population_latest": 3485.152, "buyer_gdp_5y_cagr_pct": 5.406280845583722, "buyer_gdp_pc_5y_cagr_pct": 5.472294361527985, "buyer_population_5y_cagr_pct": -0.06258848955915663, "buyer_investment_5y_avg_pct": 19.342000000000002, "buyer_savings_5y_avg_pct": 18.974, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 50.21620246547286, "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": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 59319.547636, "buyer_gdp_pc_2024": 17021, "buyer_population_2024": 3485.152 }, "history": [ { "year": 1995, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 17866738.538314763, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 12953235.669263104, "yoy_growth_pct": -27.50083826723483, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 12096206.06405051, "yoy_growth_pct": -6.6163360807697575, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 10941492.092802038, "yoy_growth_pct": -9.546083831030627, "cagr_3y_pct": -15.079914462187173 }, { "year": 1999, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 6465146.307164234, "yoy_growth_pct": -40.91165763929592, "cagr_3y_pct": -20.676835754670662 }, { "year": 2000, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 4197165.098526489, "yoy_growth_pct": -35.0801219475037, "cagr_3y_pct": -29.730160960506947 }, { "year": 2001, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 2693093.3740881346, "yoy_growth_pct": -35.83541960182585, "cagr_3y_pct": -37.330203156201804 }, { "year": 2002, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 840529.1085921207, "yoy_growth_pct": -68.7894554017564, "cagr_3y_pct": -49.34082258739829 }, { "year": 2003, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 658753.2880030194, "yoy_growth_pct": -21.626356390390132, "cagr_3y_pct": -46.05859581352792 }, { "year": 2004, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 1381899.7831725248, "yoy_growth_pct": 109.7750111216433, "cagr_3y_pct": -19.941328502581168 }, { "year": 2005, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 560086.0012417063, "yoy_growth_pct": -59.469853887965925, "cagr_3y_pct": -12.655817051695905 }, { "year": 2006, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 14134689.532368006, "yoy_growth_pct": 2423.664133906491, "cagr_3y_pct": 177.87820997675584 }, { "year": 2007, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 24452280.291174427, "yoy_growth_pct": 72.99481700803865, "cagr_3y_pct": 160.58391556814829 }, { "year": 2008, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 34450849.3116057, "yoy_growth_pct": 40.89012926962097, "cagr_3y_pct": 294.74357649188977 }, { "year": 2009, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 37637565.90060458, "yoy_growth_pct": 9.250037815251622, "cagr_3y_pct": 38.60484720338111 }, { "year": 2010, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 47569576.85660685, "yoy_growth_pct": 26.38855812894829, "cagr_3y_pct": 24.83507915274408 }, { "year": 2011, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 64745594.620228305, "yoy_growth_pct": 36.107148515103745, "cagr_3y_pct": 23.406138663021615 }, { "year": 2012, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 70485272.81087855, "yoy_growth_pct": 8.864971005852817, "cagr_3y_pct": 23.260980673733766 }, { "year": 2013, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 56583540.97485967, "yoy_growth_pct": -19.722888600174805, "cagr_3y_pct": 5.954712619988589 }, { "year": 2014, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 41454276.56308074, "yoy_growth_pct": -26.737924405439617, "cagr_3y_pct": -13.810762440475322 }, { "year": 2015, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 29450224.836983696, "yoy_growth_pct": -28.95733015104135, "cagr_3y_pct": -25.241012664528984 }, { "year": 2016, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 27387935.38650199, "yoy_growth_pct": -7.002627185011756, "cagr_3y_pct": -21.48432098372661 }, { "year": 2017, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 38642407.878767826, "yoy_growth_pct": 41.092810879831944, "cagr_3y_pct": -2.3141604699698615 }, { "year": 2018, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 34646164.69398971, "yoy_growth_pct": -10.341599822959957, "cagr_3y_pct": 5.565542429926129 }, { "year": 2019, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 38539150.63672703, "yoy_growth_pct": 11.236412391160467, "cagr_3y_pct": 12.059225060852285 }, { "year": 2020, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 26425405.238025025, "yoy_growth_pct": -31.432310257397965, "cagr_3y_pct": -11.897988270099624 }, { "year": 2021, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 17205110.39490163, "yoy_growth_pct": -34.89178220758479, "cagr_3y_pct": -20.810530663566663 }, { "year": 2022, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 12174539.693419075, "yoy_growth_pct": -29.238816758614107, "cagr_3y_pct": -31.894298543458643 }, { "year": 2023, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 7519136.380608287, "yoy_growth_pct": -38.23884458914909, "cagr_3y_pct": -34.22683074477686 }, { "year": 2024, "exporter_iso3": "PAN", "importer_iso3": "URY", "export_value_usd": 4296545.829817936, "yoy_growth_pct": -42.8585197510362, "cagr_3y_pct": -37.027056308622065 } ], "riskLanes": [ { "exporter_iso3": "PAN", "importer_iso3": "URY", "hs_code": "851762", "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus", "buyer_imports_latest_usd": 82959905.92681445, "current_below_peak_pct": 0, "lane_volatility_cv": 2.861101971806197, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market" ] }, { "exporter_iso3": "PAN", "importer_iso3": "URY", "hs_code": "844332", "hs_description": "Printing, copying, and facsimile machines: single-function printing, copying or facsimile machines, capable of connecting to an automatic data processing machine or to a network", "buyer_imports_latest_usd": 12607140.55737158, "current_below_peak_pct": 0, "lane_volatility_cv": 2.5255643315863856, "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": "URY", "hs_code": "847130", "hs_description": "Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display", "buyer_imports_latest_usd": 77486806.10094139, "current_below_peak_pct": 87.0290630942632, "lane_volatility_cv": 1.6485840443993132, "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": "URY", "hs_code": "852580", "hs_description": "Television cameras, digital cameras and video camera recorders", "buyer_imports_latest_usd": 25321585.577988084, "current_below_peak_pct": 91.76213669378461, "lane_volatility_cv": 1.122618461047795, "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": "URY", "hs_code": "490199", "hs_description": "Printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91", "buyer_imports_latest_usd": 12524859.734553, "current_below_peak_pct": 80.09257242557335, "lane_volatility_cv": 1.4811711826581666, "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" ] }, { "exporter_iso3": "PAN", "importer_iso3": "URY", "hs_code": "841810", "hs_description": "Refrigerators and freezers: combined refrigerator-freezers, fitted with separate external doors, electric or other", "buyer_imports_latest_usd": 24120811.972744144, "current_below_peak_pct": 27.763527241995057, "lane_volatility_cv": 1.52710574335241, "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": "URY", "hs_code": "847170", "hs_description": "Data processing machines: storage units", "buyer_imports_latest_usd": 11973223.706684696, "current_below_peak_pct": 39.471061105400565, "lane_volatility_cv": 1.0424196044504952, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "PAN", "importer_iso3": "URY", "hs_code": "640419", "hs_description": "Footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials", "buyer_imports_latest_usd": 27757515.53210976, "current_below_peak_pct": 84.69045594422676, "lane_volatility_cv": 1.741943053514137, "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" ] }, { "exporter_iso3": "PAN", "importer_iso3": "URY", "hs_code": "851830", "hs_description": "Headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers", "buyer_imports_latest_usd": 10869742.772197232, "current_below_peak_pct": 76.82989050088423, "lane_volatility_cv": 0.8643490959061639, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "PAN", "importer_iso3": "URY", "hs_code": "180320", "hs_description": "Cocoa: paste, wholly or partly defatted", "buyer_imports_latest_usd": 18776917.177035846, "current_below_peak_pct": 50.40647394622727, "lane_volatility_cv": 0.7683326596944231, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "PAN", "importer_iso3": "URY", "distance_km": 5439, "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": 59319.547636, "importer_gdp_per_capita_usd": 17020.64863627182, "importer_population": 3485.152, "importer_biz_entry_days": 6.5, "importer_biz_entry_cost_pct": 24.1, "exporter_gdp_million_usd": 63605.0658, "exporter_gdp_per_capita_usd": 14516.458047240005, "avg_applied_tariff_pct": 9.597510541616163, "avg_mfn_tariff_pct": 9.678823294949494, "avg_preferential_tariff_pct": 10.023834908888892, "tariff_advantage_pp": -0.34501161393939855 }, "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-URY/risk", "html": "https://www.yugalinks.com/trade/corridor/PAN-URY/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/PAN-URY/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/PAN-URY/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/PAN-URY/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" } }