# Panama HS 401511 exports | Yugalinks

Explore reported HS 401511 exports from Panama: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Panama |
| HS6 | 401511 |
| Latest exports | $1.6M |
| Active destinations | 10 |
| Three-year growth | -11.9% |
| Destination HHI | 3,315 |
| Weighted share | 10.3% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Nicaragua at $44.9K / ton.
- Lowest reported market price: Nicaragua at $666.7 / ton.
- Median reported price: $7.4K / ton.
- Price spread: 594.4%.

## Export history

- 2010: $1.2M
- 2011: $756.5K
- 2012: $651.2K
- 2013: $1.1M
- 2014: $572.3K
- 2015: $620.9K
- 2016: $218.6K
- 2017: $187.7K
- 2018: $910.0K
- 2019: $426.0K
- 2020: $468.7K
- 2021: $2.1M
- 2022: $1.2M
- 2023: $2.1M
- 2024: $1.4M

## 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/401511",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401511",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/401511",
    "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": "401511",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 46,
    "current_lane_count": 10,
    "active_market_count": 10,
    "exports_latest_observed_lanes_usd": 1614409.4596926202,
    "exports_current_2024_usd": 1447948.9556108217,
    "exports_avg_3y_usd": 1586298.9025361566,
    "exports_avg_5y_usd": 1469633.8667765288,
    "exports_avg_10y_usd": 971134.9841209378,
    "exports_cagr_3y_pct": -11.942626840760118,
    "exports_cagr_5y_pct": 27.724114677183387,
    "exports_cagr_10y_pct": 9.727119570138164,
    "exports_all_year_lane_avg_usd": 822848.5238679028,
    "exports_historical_lane_peak_usd": 5319014.049766531,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": -21.669746410898284,
    "trend_label": "Rapid decline",
    "top_market_iso3": "DOM",
    "top_market_exports_usd": 848263.3025739242,
    "top_market_share_pct": 52.54325645090259,
    "destination_hhi": 3314.5692576849783,
    "weighted_share_latest_pct": 10.336588135938785,
    "weighted_share_change_1y_pp": 0.006133477099876757,
    "weighted_volatility_cv": 2.424028417782709,
    "weighted_max_drawdown_pct": 93.51333611368472,
    "limited_history_lane_share_pct": 56.52173913043478,
    "data_freshness_years": 0,
    "coverage_score": 75,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 401511,
      "hs_description": "Rubber: vulcanised (other than hard rubber), surgical gloves",
      "hs_chapter": 40,
      "hs_heading": 4015,
      "substitution_elasticity": -4.1697602,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Rubber: vulcanised (other than hard rubber), surgical gloves",
    "hs_chapter": 40,
    "hs_heading": 4015,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 401511,
      "num_markets": 24,
      "highest_price_importer_iso3": "NIC",
      "highest_price_usd_per_ton": 44925.92592592593,
      "lowest_price_importer_iso3": "NIC",
      "lowest_price_usd_per_ton": 666.6666666666666,
      "median_price_across_markets": 7445.601359966,
      "price_spread_pct": 594.4349840865153,
      "avg_quantity_metric_tons": 11.339018867924528,
      "total_trade_value_usd": 4432195
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1204516.727855492,
        "active_destinations": 13,
        "yoy_growth_pct": 421.9272215003018
      },
      {
        "year": 2011,
        "export_value_usd": 756541.3641412734,
        "active_destinations": 14,
        "yoy_growth_pct": -37.19129451292792
      },
      {
        "year": 2012,
        "export_value_usd": 651225.5962214209,
        "active_destinations": 14,
        "yoy_growth_pct": -13.920688664445091
      },
      {
        "year": 2013,
        "export_value_usd": 1105505.0304359512,
        "active_destinations": 18,
        "yoy_growth_pct": 69.75761346764882
      },
      {
        "year": 2014,
        "export_value_usd": 572286.4516107221,
        "active_destinations": 15,
        "yoy_growth_pct": -48.233030528586255
      },
      {
        "year": 2015,
        "export_value_usd": 620867.2030013943,
        "active_destinations": 15,
        "yoy_growth_pct": 8.488887209183407
      },
      {
        "year": 2016,
        "export_value_usd": 218620.4140109921,
        "active_destinations": 15,
        "yoy_growth_pct": -64.78789458452016
      },
      {
        "year": 2017,
        "export_value_usd": 187730.00401797125,
        "active_destinations": 11,
        "yoy_growth_pct": -14.129700619571462
      },
      {
        "year": 2018,
        "export_value_usd": 909983.3398703231,
        "active_destinations": 17,
        "yoy_growth_pct": 384.7298356117923
      },
      {
        "year": 2019,
        "export_value_usd": 425979.5464260553,
        "active_destinations": 23,
        "yoy_growth_pct": -53.18820380966981
      },
      {
        "year": 2020,
        "export_value_usd": 468685.72545083787,
        "active_destinations": 16,
        "yoy_growth_pct": 10.025406004369229
      },
      {
        "year": 2021,
        "export_value_usd": 2120586.900823335,
        "active_destinations": 12,
        "yoy_growth_pct": 352.45391222092405
      },
      {
        "year": 2022,
        "export_value_usd": 1193176.3592464281,
        "active_destinations": 8,
        "yoy_growth_pct": -43.733673032537936
      },
      {
        "year": 2023,
        "export_value_usd": 2117771.3927512197,
        "active_destinations": 9,
        "yoy_growth_pct": 77.49022400081209
      },
      {
        "year": 2024,
        "export_value_usd": 1447948.9556108217,
        "active_destinations": 10,
        "yoy_growth_pct": -31.62864695561991
      }
    ],
    "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": "401511",
    "hs_description": "Rubber: vulcanised (other than hard rubber), surgical gloves",
    "hs_chapter": 40,
    "hs_heading": 4015
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 401511,
    "num_markets": 24,
    "highest_price_importer_iso3": "NIC",
    "highest_price_usd_per_ton": 44925.92592592593,
    "lowest_price_importer_iso3": "NIC",
    "lowest_price_usd_per_ton": 666.6666666666666,
    "median_price_across_markets": 7445.601359966,
    "price_spread_pct": 594.4349840865153,
    "avg_quantity_metric_tons": 11.339018867924528,
    "total_trade_value_usd": 4432195
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 1204516.727855492,
      "active_destinations": 13,
      "yoy_growth_pct": 421.9272215003018
    },
    {
      "year": 2011,
      "export_value_usd": 756541.3641412734,
      "active_destinations": 14,
      "yoy_growth_pct": -37.19129451292792
    },
    {
      "year": 2012,
      "export_value_usd": 651225.5962214209,
      "active_destinations": 14,
      "yoy_growth_pct": -13.920688664445091
    },
    {
      "year": 2013,
      "export_value_usd": 1105505.0304359512,
      "active_destinations": 18,
      "yoy_growth_pct": 69.75761346764882
    },
    {
      "year": 2014,
      "export_value_usd": 572286.4516107221,
      "active_destinations": 15,
      "yoy_growth_pct": -48.233030528586255
    },
    {
      "year": 2015,
      "export_value_usd": 620867.2030013943,
      "active_destinations": 15,
      "yoy_growth_pct": 8.488887209183407
    },
    {
      "year": 2016,
      "export_value_usd": 218620.4140109921,
      "active_destinations": 15,
      "yoy_growth_pct": -64.78789458452016
    },
    {
      "year": 2017,
      "export_value_usd": 187730.00401797125,
      "active_destinations": 11,
      "yoy_growth_pct": -14.129700619571462
    },
    {
      "year": 2018,
      "export_value_usd": 909983.3398703231,
      "active_destinations": 17,
      "yoy_growth_pct": 384.7298356117923
    },
    {
      "year": 2019,
      "export_value_usd": 425979.5464260553,
      "active_destinations": 23,
      "yoy_growth_pct": -53.18820380966981
    },
    {
      "year": 2020,
      "export_value_usd": 468685.72545083787,
      "active_destinations": 16,
      "yoy_growth_pct": 10.025406004369229
    },
    {
      "year": 2021,
      "export_value_usd": 2120586.900823335,
      "active_destinations": 12,
      "yoy_growth_pct": 352.45391222092405
    },
    {
      "year": 2022,
      "export_value_usd": 1193176.3592464281,
      "active_destinations": 8,
      "yoy_growth_pct": -43.733673032537936
    },
    {
      "year": 2023,
      "export_value_usd": 2117771.3927512197,
      "active_destinations": 9,
      "yoy_growth_pct": 77.49022400081209
    },
    {
      "year": 2024,
      "export_value_usd": 1447948.9556108217,
      "active_destinations": 10,
      "yoy_growth_pct": -31.62864695561991
    }
  ],
  "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,
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    "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,
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    "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
  }
}
```