# Singapore exports to Panama: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Singapore reported $5.4B in goods exports to Panama. The overall review level is High 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 | $5.4B | 2024 route total |
| Exports needing review | 99.8% | Share of route exports |
| Highest-priority products | 2 | Need the closest review |
| Products needing review | 9 | High-attention product types |
| Export volatility | 0.6 | Higher means bigger yearly swings |
| Below highest year | 39.1% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 999999 | Commodities not specified according to kind | $5.4B | 38.8% | High attention |
| 2 | 271012 | Not reported | $1.3B | 0% | High attention |
| 3 | 293590 | Sulphonamides: n.e.c. in heading no. 2935 | $43.9M | 97.3% | Critical attention |
| 4 | 293499 | Nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934 | $10.8M | 97.1% | Critical attention |
| 5 | 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 | 87.1% | High attention |
| 6 | 721049 | Iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically) | $52.6M | 33.4% | High attention |
| 7 | 844399 | Printing machinery: parts and accessories, n.e.c. in item no. 8443.91 | $64.8M | 0% | High attention |
| 8 | 210690 | Food preparations: n.e.s. in item no. 2106.10 | $184.1M | 61.8% | High attention |
| 9 | 721633 | Iron or non-alloy steel: H sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more | $17.3M | 0% | High attention |
| 10 | 340319 | Lubricating preparations: (other than for the treatment of textile and similar materials), containing less than 70% (by weight) of petroleum oils or oils obtained from bituminous minerals | $13.1M | 27.4% | 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.