# Panama HS 252321 exports | Yugalinks

Explore reported HS 252321 exports from Panama: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Panama |
| HS6 | 252321 |
| Latest exports | $1.7M |
| Active destinations | 3 |
| Three-year growth | +58.9% |
| Destination HHI | 3,766 |
| Weighted share | 9.6% |

## Destination markets

- Bahamas: $981.9K; share 9.4%; growth +51.8%

## Price intelligence

- Highest reported market price: China at $7.6K / ton.
- Lowest reported market price: Venezuela at $113.1 / ton.
- Median reported price: $172.9 / ton.
- Price spread: 4,317.7%.

## Export history

- 2010: $5.3K
- 2011: $18.0K
- 2012: $38.9K
- 2013: $4.7K
- 2014: $106.3K
- 2015: $7.3K
- 2016: $14.4K
- 2017: $19.7K
- 2018: $9.0K
- 2019: $9.1K
- 2020: $15.7K
- 2021: $280.8K
- 2022: $2.0M
- 2023: $1.5M
- 2024: $1.1M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/pan/252321",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/252321",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/252321",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "252321",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 34,
    "current_lane_count": 3,
    "active_market_count": 3,
    "exports_latest_observed_lanes_usd": 1710106.3892027668,
    "exports_current_2024_usd": 1127263.590794776,
    "exports_avg_3y_usd": 1513446.7807280712,
    "exports_avg_5y_usd": 967351.815592044,
    "exports_avg_10y_usd": 489631.1561429283,
    "exports_cagr_3y_pct": 58.94025986796083,
    "exports_cagr_5y_pct": 162.2335106634213,
    "exports_cagr_10y_pct": 26.63781130555922,
    "exports_all_year_lane_avg_usd": 1379977.4323672072,
    "exports_historical_lane_peak_usd": 3136207.355333605,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 50,
    "trend_acceleration_pct": 32.30244856240161,
    "trend_label": "Rapid growth",
    "top_market_iso3": "BHS",
    "top_market_exports_usd": 981946.1297077897,
    "top_market_share_pct": 57.42017782680541,
    "destination_hhi": 3766.443838089798,
    "weighted_share_latest_pct": 9.61516517464818,
    "weighted_share_change_1y_pp": -7.760283452715647,
    "weighted_volatility_cv": 0.798909119456218,
    "weighted_max_drawdown_pct": 43.79151946732523,
    "limited_history_lane_share_pct": 76.47058823529412,
    "data_freshness_years": 0,
    "coverage_score": 71.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 252321,
      "hs_description": "Cement: portland, white, whether or not artificially coloured",
      "hs_chapter": 25,
      "hs_heading": 2523,
      "substitution_elasticity": -8.4170036,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Cement: portland, white, whether or not artificially coloured",
    "hs_chapter": 25,
    "hs_heading": 2523,
    "destinations": [
      {
        "hs_code": 252321,
        "corridor_rank": 81,
        "exporter_iso3": "PAN",
        "importer_iso3": "BHS",
        "latest_data_year": 2024,
        "lane_data_years": 7,
        "exports_latest_observed_usd": 981946.1297077897,
        "exports_all_year_avg_usd": 653234.3527590726,
        "exports_avg_3y_usd": 1424519.8956824967,
        "exports_avg_5y_usd": 1138578.0615670446,
        "exports_avg_10y_usd": 653234.3527590726,
        "exports_cagr_3y_pct": 51.79401428799859,
        "exports_cagr_5y_pct": 189.03204496765971,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 1908041.8841357424,
        "buyer_imports_latest_observed_usd": 10475271.36943402,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 51.1524,
        "buyer_yoy_all_avg_pct": 24.6814,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 9.373944550716155,
        "market_share_change_1y_pp": -10.590237708423968,
        "peer_best_share_pct": 40.62480139354687,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 10,
        "buyer_market_hhi": 2710.27,
        "distance_km": 1810.24755859375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.31395179963636355,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.0995150497651787,
        "max_drawdown_pct": 58.120479574925255,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 252321,
      "num_markets": 12,
      "highest_price_importer_iso3": "CHN",
      "highest_price_usd_per_ton": 7577.023498694517,
      "lowest_price_importer_iso3": "VEN",
      "lowest_price_usd_per_ton": 113.1195335276968,
      "median_price_across_markets": 172.86618789852508,
      "price_spread_pct": 4317.735038819875,
      "avg_quantity_metric_tons": 2113.5516874999994,
      "total_trade_value_usd": 5940197
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 5335.995609302478,
        "active_destinations": 4,
        "yoy_growth_pct": 142.62008109910437
      },
      {
        "year": 2011,
        "export_value_usd": 18001.36275919101,
        "active_destinations": 3,
        "yoy_growth_pct": 237.35715089061236
      },
      {
        "year": 2012,
        "export_value_usd": 38917.18576397422,
        "active_destinations": 5,
        "yoy_growth_pct": 116.19022006600115
      },
      {
        "year": 2013,
        "export_value_usd": 4690.206387846782,
        "active_destinations": 7,
        "yoy_growth_pct": -87.948238558944
      },
      {
        "year": 2014,
        "export_value_usd": 106265.31169793395,
        "active_destinations": 10,
        "yoy_growth_pct": 2165.685194009535
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      {
        "year": 2015,
        "export_value_usd": 7329.198508510435,
        "active_destinations": 10,
        "yoy_growth_pct": -93.10292475371064
      },
      {
        "year": 2016,
        "export_value_usd": 14385.209515449053,
        "active_destinations": 4,
        "yoy_growth_pct": 96.27261423940693
      },
      {
        "year": 2017,
        "export_value_usd": 19738.21533215818,
        "active_destinations": 5,
        "yoy_growth_pct": 37.211872451077234
      },
      {
        "year": 2018,
        "export_value_usd": 9009.427863280303,
        "active_destinations": 9,
        "yoy_growth_pct": -54.35540796537044
      },
      {
        "year": 2019,
        "export_value_usd": 9090.432249664906,
        "active_destinations": 4,
        "yoy_growth_pct": 0.8991068868507346
      },
      {
        "year": 2020,
        "export_value_usd": 15666.176555317727,
        "active_destinations": 4,
        "yoy_growth_pct": 72.33698162037584
      },
      {
        "year": 2021,
        "export_value_usd": 280752.55922068865,
        "active_destinations": 1,
        "yoy_growth_pct": 1692.0936753734595
      },
      {
        "year": 2022,
        "export_value_usd": 1955475.6603467648,
        "active_destinations": 3,
        "yoy_growth_pct": 596.5121407173502
      },
      {
        "year": 2023,
        "export_value_usd": 1457601.0910426727,
        "active_destinations": 4,
        "yoy_growth_pct": -25.460535224243287
      },
      {
        "year": 2024,
        "export_value_usd": 1127263.590794776,
        "active_destinations": 3,
        "yoy_growth_pct": -22.66309364598477
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "PAN",
      "exports_usd": 4776092707.907606,
      "imports_usd": 56181081033.7617,
      "trade_balance_usd": -51404988325.854095,
      "yoy_exports_growth_pct": -26.016171425007517,
      "yoy_imports_growth_pct": 8.830521956779403,
      "exports_cagr_3y_pct": -10.588650551656464,
      "imports_cagr_3y_pct": 10.528496118704723,
      "export_partner_hhi": 571.1465464602909,
      "export_product_hhi": 149.8340831480996,
      "momentum_score": -21.387915163002198,
      "risk_score": 3.604903148041952,
      "gdp_million_usd": 86523.9591317472,
      "gdp_per_capita_usd": 19161.218850159614,
      "population": 4515577,
      "labor_force": 2258.4,
      "investment_rate_pct": 37.8,
      "savings_rate_pct": 37.61,
      "secondary_education_pct": 73.47,
      "tertiary_education_pct": 26.2,
      "total_factor_productivity": 1018.94,
      "trade_openness_pct": 84.47716141037019,
      "exports_gdp_pct": 6.6189216105502755,
      "num_active_partners": 270,
      "num_fta_partners": 44,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 2,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 9853.493827160493,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 16.296296296296298,
      "pct_partners_shared_language": 8.88888888888889,
      "pct_partners_shared_border": 0.7407407407407408,
      "avg_applied_tariff_pct": 0.13253318236603243,
      "avg_mfn_tariff_pct": 0.13746985988395188,
      "avg_preferential_tariff_pct": 0.04896482959678125,
      "tariff_advantage_pp": 0.08850503028717063,
      "avg_distance_all_partners_km": 9641.75271977036,
      "num_border_partners": 60,
      "num_colonial_partners": 30,
      "avg_substitution_elasticity": -9.147001229075832,
      "pct_products_high_elasticity": 71.6931216931217,
      "pct_products_low_elasticity": 3.262786596119929,
      "real_market_potential": 87694.64360099618,
      "foreign_market_potential": 9528.286969909099
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "252321",
    "hs_description": "Cement: portland, white, whether or not artificially coloured",
    "hs_chapter": 25,
    "hs_heading": 2523
  },
  "destinations": [
    {
      "hs_code": 252321,
      "corridor_rank": 81,
      "exporter_iso3": "PAN",
      "importer_iso3": "BHS",
      "latest_data_year": 2024,
      "lane_data_years": 7,
      "exports_latest_observed_usd": 981946.1297077897,
      "exports_all_year_avg_usd": 653234.3527590726,
      "exports_avg_3y_usd": 1424519.8956824967,
      "exports_avg_5y_usd": 1138578.0615670446,
      "exports_avg_10y_usd": 653234.3527590726,
      "exports_cagr_3y_pct": 51.79401428799859,
      "exports_cagr_5y_pct": 189.03204496765971,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 1908041.8841357424,
      "buyer_imports_latest_observed_usd": 10475271.36943402,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 50,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 51.1524,
      "buyer_yoy_all_avg_pct": 24.6814,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 9.373944550716155,
      "market_share_change_1y_pp": -10.590237708423968,
      "peer_best_share_pct": 40.62480139354687,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 10,
      "buyer_market_hhi": 2710.27,
      "distance_km": 1810.24755859375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.31395179963636355,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.0995150497651787,
      "max_drawdown_pct": 58.120479574925255,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 252321,
    "num_markets": 12,
    "highest_price_importer_iso3": "CHN",
    "highest_price_usd_per_ton": 7577.023498694517,
    "lowest_price_importer_iso3": "VEN",
    "lowest_price_usd_per_ton": 113.1195335276968,
    "median_price_across_markets": 172.86618789852508,
    "price_spread_pct": 4317.735038819875,
    "avg_quantity_metric_tons": 2113.5516874999994,
    "total_trade_value_usd": 5940197
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 5335.995609302478,
      "active_destinations": 4,
      "yoy_growth_pct": 142.62008109910437
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    {
      "year": 2011,
      "export_value_usd": 18001.36275919101,
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      "yoy_growth_pct": 237.35715089061236
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    {
      "year": 2012,
      "export_value_usd": 38917.18576397422,
      "active_destinations": 5,
      "yoy_growth_pct": 116.19022006600115
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    {
      "year": 2013,
      "export_value_usd": 4690.206387846782,
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      "yoy_growth_pct": -87.948238558944
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    {
      "year": 2014,
      "export_value_usd": 106265.31169793395,
      "active_destinations": 10,
      "yoy_growth_pct": 2165.685194009535
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    {
      "year": 2015,
      "export_value_usd": 7329.198508510435,
      "active_destinations": 10,
      "yoy_growth_pct": -93.10292475371064
    },
    {
      "year": 2016,
      "export_value_usd": 14385.209515449053,
      "active_destinations": 4,
      "yoy_growth_pct": 96.27261423940693
    },
    {
      "year": 2017,
      "export_value_usd": 19738.21533215818,
      "active_destinations": 5,
      "yoy_growth_pct": 37.211872451077234
    },
    {
      "year": 2018,
      "export_value_usd": 9009.427863280303,
      "active_destinations": 9,
      "yoy_growth_pct": -54.35540796537044
    },
    {
      "year": 2019,
      "export_value_usd": 9090.432249664906,
      "active_destinations": 4,
      "yoy_growth_pct": 0.8991068868507346
    },
    {
      "year": 2020,
      "export_value_usd": 15666.176555317727,
      "active_destinations": 4,
      "yoy_growth_pct": 72.33698162037584
    },
    {
      "year": 2021,
      "export_value_usd": 280752.55922068865,
      "active_destinations": 1,
      "yoy_growth_pct": 1692.0936753734595
    },
    {
      "year": 2022,
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      "active_destinations": 3,
      "yoy_growth_pct": 596.5121407173502
    },
    {
      "year": 2023,
      "export_value_usd": 1457601.0910426727,
      "active_destinations": 4,
      "yoy_growth_pct": -25.460535224243287
    },
    {
      "year": 2024,
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      "active_destinations": 3,
      "yoy_growth_pct": -22.66309364598477
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  "economy": {
    "year": 2024,
    "country_iso3": "PAN",
    "exports_usd": 4776092707.907606,
    "imports_usd": 56181081033.7617,
    "trade_balance_usd": -51404988325.854095,
    "yoy_exports_growth_pct": -26.016171425007517,
    "yoy_imports_growth_pct": 8.830521956779403,
    "exports_cagr_3y_pct": -10.588650551656464,
    "imports_cagr_3y_pct": 10.528496118704723,
    "export_partner_hhi": 571.1465464602909,
    "export_product_hhi": 149.8340831480996,
    "momentum_score": -21.387915163002198,
    "risk_score": 3.604903148041952,
    "gdp_million_usd": 86523.9591317472,
    "gdp_per_capita_usd": 19161.218850159614,
    "population": 4515577,
    "labor_force": 2258.4,
    "investment_rate_pct": 37.8,
    "savings_rate_pct": 37.61,
    "secondary_education_pct": 73.47,
    "tertiary_education_pct": 26.2,
    "total_factor_productivity": 1018.94,
    "trade_openness_pct": 84.47716141037019,
    "exports_gdp_pct": 6.6189216105502755,
    "num_active_partners": 270,
    "num_fta_partners": 44,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 2,
    "num_shared_language_partners": 24,
    "avg_partner_distance_km": 9853.493827160493,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 16.296296296296298,
    "pct_partners_shared_language": 8.88888888888889,
    "pct_partners_shared_border": 0.7407407407407408,
    "avg_applied_tariff_pct": 0.13253318236603243,
    "avg_mfn_tariff_pct": 0.13746985988395188,
    "avg_preferential_tariff_pct": 0.04896482959678125,
    "tariff_advantage_pp": 0.08850503028717063,
    "avg_distance_all_partners_km": 9641.75271977036,
    "num_border_partners": 60,
    "num_colonial_partners": 30,
    "avg_substitution_elasticity": -9.147001229075832,
    "pct_products_high_elasticity": 71.6931216931217,
    "pct_products_low_elasticity": 3.262786596119929,
    "real_market_potential": 87694.64360099618,
    "foreign_market_potential": 9528.286969909099
  }
}
```
