Ships and boats: South Korea exports to Panama
HS chapter 89 · 선박과 수상 구조물 · latest month: October 2026
In October 2026, South Korea exported $133.1 million of ships and boats (HS 89) to Panama, up 16.0% from September 2026 and down 30.6% from October 2025.
Over the 12 months to October 2026, exports of ships and boats (HS 89) to Panama totalled $1.22 billion, down 14.1% from the 12 months before ($1.42 billion).
Panama took 3.9% of South Korea's exports of this product over the 12 months to October 2026, ranking 8th of 71 destinations (9th in the 12 months before).
This product made up 82.2% of South Korea's goods exports to Panama over the same period.
The average export value in October 2026 was $2.25 per kg of net weight, compared with $1.63 per kg in October 2025.
Imports from Panama in October 2026 were $6.2 million, leaving a surplus of $126.9 million for the month.
Last 24 months
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $133.1M | -30.6% | 59,240 t | $2.25 | $6.2M | 2,402 t |
| September 2026 | $114.7M | -27.7% | 47,021 t | $2.44 | $2,750 | 4.2 t |
| August 2026 | $183.9M | +298.1% | 89,579 t | $2.05 | $4.2M | 446 t |
| July 2026 | $99.4M | +5.0% | 60,210 t | $1.65 | $4.0M | 4,066 t |
| June 2026 | $71.4M | -71.4% | 138,020 t | $0.52 | $3,100 | 4.7 t |
| May 2026 | $52.0M | -70.1% | 14,129 t | $3.68 | $900 | 1.4 t |
| April 2026 | $0 | -100.0% | 0 kg | – | $1,400 | 2.0 t |
| March 2026 | $160.8M | +46.2% | 76,429 t | $2.10 | $12.8M | 11,530 t |
| February 2026 | $151.8M | +131.3% | 48,550 t | $3.13 | $80.2M | 18,642 t |
| January 2026 | $151.9M | +142.1% | 48,550 t | $3.13 | $0 | 0 kg |
| December 2025 | $48.3M | – | 29,408 t | $1.64 | $0 | 0 kg |
| November 2025 | $48.3M | -76.4% | 29,408 t | $1.64 | $0 | 0 kg |
| October 2025 | $191.8M | +171.6% | 118,001 t | $1.63 | $0 | 0 kg |
| September 2025 | $158.6M | – | 222,306 t | $0.71 | $22.0M | 60,453 t |
| August 2025 | $46.2M | -56.5% | 30,131 t | $1.53 | $0 | 0 kg |
| July 2025 | $94.7M | – | 60,143 t | $1.57 | $700 | 340 kg |
| June 2025 | $249.6M | – | 155,900 t | $1.60 | $0 | 0 kg |
| May 2025 | $174.0M | +75.7% | 92,362 t | $1.88 | $0 | 0 kg |
| April 2025 | $57.0M | -30.0% | 32,702 t | $1.74 | $81.9M | 25,054 t |
| March 2025 | $110.0M | -73.7% | 65,861 t | $1.67 | $0 | 0 kg |
| February 2025 | $65.7M | -49.9% | 31,908 t | $2.06 | $0 | 0 kg |
| January 2025 | $62.7M | – | 36,084 t | $1.74 | $0 | 0 kg |
| December 2024 | $0 | – | 0 kg | – | $18.7M | 3,449 t |
| November 2024 | $204.9M | – | 88,779 t | $2.31 | $0 | 0 kg |
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.
Largest headings exported to Panama
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 8901 | Cargo ships, tankers and passenger ships | $1.21B | 99.6% | -14.3% | $133.1M |
| 8904 | Tugs and pusher craft | $5.1M | 0.4% | +139.5% | $0 |
See also: Ships and boats to all countries · all exports to Panama