# United States exports to Panama: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, United States reported $8.7B 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 | $8.7B | 2024 route total |
| Exports needing review | 63.4% | Share of route exports |
| Highest-priority products | 12 | Need the closest review |
| Products needing review | 154 | High-attention product types |
| Export volatility | 1.1 | Higher means bigger yearly swings |
| Below highest year | 25.8% | 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 | 45.5% | Watch |
| 2 | 270900 | Oils: petroleum oils and oils obtained from bituminous minerals, crude | $13.1B | 0% | High attention |
| 3 | 271012 | Not reported | $1.3B | 19.2% | High attention |
| 4 | 294190 | Antibiotics: n.e.c. in heading no. 2941 | $314.5M | 0% | High attention |
| 5 | 880330 | Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 | $187.6M | 70.7% | Critical attention |
| 6 | 880529 | Ground flying trainers and parts thereof: other than air combat simulators and parts thereof | $170.0M | 0% | High attention |
| 7 | 271111 | Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas | $153.1M | 0% | High attention |
| 8 | 880390 | Aircraft and spacecraft: parts thereof n.e.c. in chapter 88 | $136.5M | 12.9% | High attention |
| 9 | 293379 | Heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) | $1.9B | 0% | High attention |
| 10 | 852580 | Television cameras, digital cameras and video camera recorders | $170.9M | 0% | 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.