# Portugal exports to Panama: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Portugal reported $23.5M in goods exports to Panama. 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 | $23.5M | 2024 route total |
| Exports needing review | 60.2% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 0 | High-attention product types |
| Export volatility | 2.5 | Higher means bigger yearly swings |
| Below highest year | 64.2% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271019 | Not reported | $5.4B | 83.4% | Critical attention |
| 2 | 300490 | Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $786.4M | 23.2% | Stable |
| 3 | 854460 | Insulated electric conductors: for a voltage exceeding 1000 volts | $14.2M | 69.3% | Watch |
| 4 | 300439 | Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale | $78.4M | 67.9% | Watch |
| 5 | 320890 | Paints and varnishes: based on polymers n.e.s. in heading no. 3208, dispersed or dissolved in a non-aqueous medium | $52.8M | 0% | Watch |
| 6 | 854449 | Insulated electric conductors: for a voltage not exceeding 80 volts, not fitted with connectors | $98.4M | 80% | Watch |
| 7 | 300420 | Medicaments: containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale | $51.3M | 0% | Watch |
| 8 | 220300 | Beer: made from malt | $82.5M | 0% | Watch |
| 9 | 300410 | Medicaments: containing penicillins, streptomycins or their derivatives, for therapeutic or prophylactic uses, packaged for retail sale | $16.4M | 0% | Watch |
| 10 | 610910 | T-shirts, singlets and other vests: of cotton, knitted or crocheted | $72.1M | 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.