Trade route overview

Panama exports to Vietnam
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

PAN-VNM2024 reported exports7 product typesHigh attention review level
Latest reported exports$4.5M2024 route total
Highest-priority products0Need the closest review
Products needing review2High-attention product types
Exports needing review57.4%Share of route exports
Overall review levelHigh attentionBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Panama reported $4.5M in goods exports to Vietnam. 2 product types are marked for closer review, covering 57.4% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Panama to Vietnam in the latest available year.

$4.5M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

57.4% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

7 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Panama to Vietnam. Bar lengths are relative to the highest year shown.

Latest annual total$7.4M2024 annual history
Highest year$133.6M2007 annual history
Latest below highest94.4%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$3.1M
Still below the previous high
$2.0M
Buyer demand is falling
$0.0
Product mix is concentrated
$1.2M
Tariffs and access rules
$4.5M
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility1Higher means bigger yearly swings
Below highest year56.7%Compared with the route's best year
Product concentration (HHI)2,0660-10,000 scale; higher means fewer products dominate
Largest product share30.2%Share from the biggest product

Largest product

Fish: yellowfin tunas (thunnus albacares), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)

Product code HS6 030342 makes up 30.2% of exports from Panama to Vietnam. The main reason to review it is: Trade has varied substantially across reported years

See product rows
Exports of this product$1.4M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types7 shown - 2024 values
Top product types for Panama exports to Vietnam
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Fish: yellowfin tunas (thunnus albacares), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)HS6 030342 - six-digit product code$222.0M44.2%1High attention
2Wood: in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, n.e.c. in heading no. 4403HS6 440399 - six-digit product code$298.3M76.8%1.1High attention
3Herbicides, anti-sprouting products and plant-growth regulators: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articlesHS6 380893 - six-digit product code$182.2M35.6%0.6Watch
4Wood, tropical: (as specified in subheading note 1, chapter 44, customs tariff), n.e.s. in item no. 4403.41, in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreatedHS6 440349 - six-digit product code$66.9M75.6%1Watch
5Wood: sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm, n.e.c. in heading no. 4407HS6 440799 - six-digit product code$334.7M43.5%1.3Watch
6Fish: albacore or longfinned tunas (thunnus alalunga), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)HS6 030341 - six-digit product code$61.0M79.7%0.9Watch
7Textile products and articles for technical uses: n.e.s. in heading no. 5911HS6 591190 - six-digit product code$88.6M31.8%0.5Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Panama. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets16,647 kmApproximate route distance
Trade agreement (FTA)NoReported agreement coverage
Average import tariff15.9%Average tax applied to imports
Buyer economy size$362.6B2024 gross domestic product
Buyer GDP per person$3.7KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemYesReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time16 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

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.

How much did Panama export to Vietnam?

Panama reported $4.5M in goods exports to Vietnam in 2024.

What does "exports needing review" mean?

57.4% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.