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Market · Americas

India's exports to Panama

US$ 306 mn

in , up 13.7% on . India's 99th largest market, 0.1% of India's exports, 1,289 products.

20212022202320242025
ECGC ratingA2ECGC's classification · see the ratings page Trade agreementNone in forceCheck the Trade Agreements Checker DocumentsExport checklistWhat Panama asks for

What India sells to Panama top 15

#Product (HS 6-digit)2025Change5 years
18703.22 Vehicles; with only spark-ignition internal combustion piston engine, cylinder…US$ 52.8 mn+10.0%
23004.90 Medicaments; consisting of mixed or unmixed products n.e.c. in heading no. 3004…US$ 19.4 mn+17.6%
36109.10 T-shirts, singlets and other vests; of cotton, knitted or crochetedUS$ 16.9 mn+22.4%
48703.21 Vehicles; with only spark-ignition internal combustion piston engine, cylinder…US$ 9.9 mn−7.7%
56109.90 T-shirts, singlets and other vests; of textile materials (other than cotton), k…US$ 7.8 mn+18.9%
68703.23 Vehicles; with only spark-ignition internal combustion reciprocating piston eng…US$ 6.8 mn+21.1%
76304.92 Furnishing articles; of cotton, not knitted or crocheted (excluding bedspreads…US$ 5.8 mn+34.2%
88711.20 Motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, inte…US$ 5.3 mn+55.0%
95515.11 Fabrics, woven; of polyester staple fibres n.e.c. in chapter 55, mixed mainly o…US$ 5.2 mn+30.3%
101905.31 Food preparations; sweet biscuits, whether or not containing cocoaUS$ 5.1 mn+178.3%
116104.42 Dresses; women's or girls', of cotton, knitted or crochetedUS$ 4.8 mn+2,535.2%
126105.10 Shirts; men's or boys', of cotton, knitted or crochetedUS$ 4.3 mn+6.8%
132402.20 Cigarettes; containing tobaccoUS$ 4.2 mn−39.2%
148408.90 Engines; compression-ignition internal combustion piston engines (diesel or sem…US$ 3.7 mn+69.5%
157113.19 Jewellery; of precious metal (excluding silver) whether or not plated or clad w…US$ 3.6 mn+115.4%

Who else sells to Panama Panama's imports, 2025

Product (HS 4-digit)ImportsIndia's shareLeading suppliers
8703 Motor cars and other motor vehicles; principally de…
  1. 🇨🇳 China31%
  2. 🇯🇵 Japan13%
  3. 🇺🇸 United States10.0%
  4. 🇮🇳 India8.4%
  5. 🇦🇷 Argentina7.9%
  6. 🇹🇭 Thailand6.5%
1.05 bn8.4%4th China 31% Japan 13%
3004 Medicaments; (not goods of heading no. 3002, 3005 o…
  1. 🇲🇽 Mexico7.4%
  2. 🇩🇪 Germany6.4%
  3. 🇮🇪 Ireland5.1%
  4. 🇺🇸 United States4.9%
  5. 🇪🇸 Spain4.8%
  6. 🇨🇴 Colombia3.9%
  7. 🇮🇳 India2.9% · 10th
681 mn2.9%10th Mexico 7.4% Germany 6.4%
3808 Insecticides, rodenticides, fungicides, herbicides…
  1. 🇨🇳 China27%
  2. 🇨🇷 Costa Rica17%
  3. 🇺🇸 United States10%
  4. 🇲🇽 Mexico8.8%
  5. 🇨🇴 Colombia6.7%
  6. 🇬🇹 Guatemala6.4%
  7. 🇮🇳 India4.4% · 8th
108 mn4.4%8th China 27% Costa Rica 17%
8429 Bulldozers, graders, levellers, scrapers, angledoze…
  1. 🇨🇳 China45%
  2. 🇧🇷 Brazil27%
  3. 🇰🇷 South Korea7.4%
  4. 🇮🇳 India5.0%
  5. 🇺🇸 United States4.3%
  6. 🇲🇽 Mexico3.7%
61.7 mn5.0%4th China 45% Brazil 27%
6907 Ceramic flags and paving, hearth or wall tiles; cer…
  1. 🇧🇷 Brazil27%
  2. 🇪🇸 Spain24%
  3. 🇨🇳 China23%
  4. 🇮🇹 Italy6.9%
  5. 🇮🇳 India5.2%
  6. 🇵🇪 Peru4.5%
52.9 mn5.2%5th Brazil 27% Spain 24%
3002 Human blood; animal blood for therapeutic, prophyla…
  1. 🇺🇸 United States15%
  2. 🇫🇷 France15%
  3. 🇩🇰 Denmark5.6%
  4. 🇩🇪 Germany4.5%
  5. 🇳🇱 Netherlands2.5%
  6. 🇨🇭 Switzerland2.2%
  7. 🇮🇳 India1.9% · 7th
138 mn1.9%7th United States 15% France 15%
6302 Bed linen, table linen, toilet linen and kitchen li…
  1. 🇨🇳 China30%
  2. 🇵🇦 Panama29%
  3. 🇮🇳 India12%
  4. 🇺🇸 United States11%
  5. 🇵🇰 Pakistan4.3%
  6. 🇬🇹 Guatemala4.2%
22.0 mn12%3rd China 30% Panama 29%
8708 Motor vehicles; parts and accessories, of heading n…
  1. 🇨🇳 China23%
  2. 🇺🇸 United States18%
  3. 🇯🇵 Japan15%
  4. 🇵🇦 Panama11%
  5. 🇰🇷 South Korea4.9%
  6. 🇲🇽 Mexico4.1%
  7. 🇮🇳 India2.1% · 8th
117 mn2.1%8th China 23% United States 18%
8711 Motorcycles (including mopeds) and cycles; fitted w…
  1. 🇨🇳 China49%
  2. 🇮🇳 India13%
  3. 🇵🇦 Panama9.7%
  4. 🇺🇸 United States7.2%
  5. 🇩🇪 Germany5.7%
  6. 🇯🇵 Japan4.3%
18.7 mn13%2nd China 49% Panama 9.7%
4016 Articles of vulcanised rubber other than hard rubbe…
  1. 🇨🇳 China29%
  2. 🇺🇸 United States19%
  3. 🇮🇳 India9.1%
  4. 🇩🇪 Germany6.9%
  5. 🇵🇦 Panama4.8%
  6. 🇲🇽 Mexico2.4%
20.9 mn9.1%3rd China 29% United States 19%
1905 Bread, pastry, cakes, biscuits, other bakers' wares…
  1. 🇺🇸 United States26%
  2. 🇨🇷 Costa Rica20%
  3. 🇬🇹 Guatemala16%
  4. 🇨🇴 Colombia6.7%
  5. 🇵🇪 Peru5.5%
  6. 🇲🇽 Mexico5.5%
  7. 🇮🇳 India1.2% · 9th
129 mn1.2%9th United States 26% Costa Rica 20%
2710 Petroleum oils and oils from bituminous minerals, n…
  1. 🇺🇸 United States3.1%
  2. 🇪🇸 Spain0.2%
  3. 🇸🇻 El Salvador0.1%
  4. 🇲🇽 Mexico0.1%
  5. 🇫🇷 France<0.1%
  6. 🇩🇪 Germany<0.1%
  7. 🇮🇳 India<0.1% · 7th
2.38 bn<0.1%7th United States 3.1% Spain 0.2%

What Panama buys most where India has under 5% of the market: openings, or where others are stronger.

Product (HS 4-digit)ImportsIndia's shareLeading suppliers
2710 Petroleum oils and oils from bituminous minerals, n…
  1. 🇺🇸 United States3.1%
  2. 🇪🇸 Spain0.2%
  3. 🇸🇻 El Salvador0.1%
  4. 🇲🇽 Mexico0.1%
  5. 🇫🇷 France<0.1%
  6. 🇩🇪 Germany<0.1%
  7. 🇮🇳 India<0.1% · 7th
2.38 bn<0.1%7th United States 3.1% Spain 0.2%
3004 Medicaments; (not goods of heading no. 3002, 3005 o…
  1. 🇲🇽 Mexico7.4%
  2. 🇩🇪 Germany6.4%
  3. 🇮🇪 Ireland5.1%
  4. 🇺🇸 United States4.9%
  5. 🇪🇸 Spain4.8%
  6. 🇨🇴 Colombia3.9%
  7. 🇮🇳 India2.9% · 10th
681 mn2.9%10th Mexico 7.4% Germany 6.4%
8517 Telephone sets, including smartphones and other tel…
  1. 🇺🇸 United States39%
  2. 🇵🇦 Panama19%
  3. 🇨🇳 China9.6%
  4. 🇮🇩 Indonesia2.7%
  5. 🇻🇳 Vietnam2.6%
  6. 🇲🇽 Mexico2.4%
  7. 🇮🇳 India0.2% · 22nd
264 mn0.2%22nd United States 39% Panama 19%
2106 Food preparations not elsewhere specified or includ…
  1. 🇨🇷 Costa Rica31%
  2. 🇺🇸 United States30%
  3. 🇲🇽 Mexico4.9%
  4. 🇪🇸 Spain4.0%
  5. 🇳🇱 Netherlands3.3%
  6. 🇨🇴 Colombia2.4%
  7. 🇮🇳 India0.3% · 22nd
203 mn0.3%22nd Costa Rica 31% United States 30%
2309 Preparations of a kind used in animal feeding
  1. 🇭🇳 Honduras21%
  2. 🇺🇸 United States15%
  3. 🇲🇽 Mexico14%
  4. 🇨🇷 Costa Rica12%
  5. 🇪🇨 Ecuador6.7%
  6. 🇬🇹 Guatemala6.0%
  7. 🇮🇳 India<0.1% · 26th
156 mn<0.1%26th Honduras 21% United States 15%
1005 Maize (corn)
  1. 🇺🇸 United States97%
  2. 🇧🇷 Brazil0.9%
  3. 🇹🇭 Thailand0.7%
  4. 🇲🇽 Mexico0.3%
  5. 🇧🇴 Bolivia0.3%
  6. 🇦🇷 Argentina0.2%
153 mn–not sold United States 97% Brazil 0.9%
8471 Automatic data processing machines and units thereo…
  1. 🇺🇸 United States43%
  2. 🇨🇳 China23%
  3. 🇵🇦 Panama15%
  4. 🇲🇽 Mexico3.8%
  5. 🇻🇳 Vietnam3.1%
  6. 🇭🇰 Hong Kong2.3%
  7. 🇮🇳 India<0.1% · 35th
152 mn<0.1%35th United States 43% China 23%
9018 Instruments and appliances used in medical, surgica…
  1. 🇺🇸 United States24%
  2. 🇨🇳 China14%
  3. 🇩🇪 Germany8.8%
  4. 🇲🇽 Mexico3.1%
  5. 🇯🇵 Japan2.2%
  6. 🇭🇰 Hong Kong1.9%
  7. 🇮🇳 India0.6% · 18th
142 mn0.6%18th United States 24% China 14%
3002 Human blood; animal blood for therapeutic, prophyla…
  1. 🇺🇸 United States15%
  2. 🇫🇷 France15%
  3. 🇩🇰 Denmark5.6%
  4. 🇩🇪 Germany4.5%
  5. 🇳🇱 Netherlands2.5%
  6. 🇨🇭 Switzerland2.2%
  7. 🇮🇳 India1.9% · 7th
138 mn1.9%7th United States 15% France 15%
3923 Plastic articles for the conveyance or packing of g…
  1. 🇨🇷 Costa Rica22%
  2. 🇨🇳 China18%
  3. 🇺🇸 United States15%
  4. 🇬🇹 Guatemala5.8%
  5. 🇨🇴 Colombia5.7%
  6. 🇸🇻 El Salvador5.5%
  7. 🇮🇳 India0.2% · 26th
132 mn0.2%26th Costa Rica 22% China 18%

US$ million. As reported by Panama's customs to UN Comtrade for 2025 (imports, usually valued with freight and insurance), so the figures differ from India's own export figures above. Open a product for its six biggest suppliers. Exportsmitra's figures, not ECGC's.

Growing fastest

Product2025Change
8703.22 Vehicles; with only spark-ignition internal combustion piston engine, cylinder… +US$ 4.8 mnUS$ 52.8 mn+10.0%
6104.42 Dresses; women's or girls', of cotton, knitted or crocheted +US$ 4.7 mnUS$ 4.8 mn+2,535.2%
1905.31 Food preparations; sweet biscuits, whether or not containing cocoa +US$ 3.3 mnUS$ 5.1 mn+178.3%
6109.10 T-shirts, singlets and other vests; of cotton, knitted or crocheted +US$ 3.1 mnUS$ 16.9 mn+22.4%
3004.90 Medicaments; consisting of mixed or unmixed products n.e.c. in heading no. 3004… +US$ 2.9 mnUS$ 19.4 mn+17.6%
7113.19 Jewellery; of precious metal (excluding silver) whether or not plated or clad w… +US$ 1.9 mnUS$ 3.6 mn+115.4%
8711.20 Motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, inte… +US$ 1.9 mnUS$ 5.3 mn+55.0%
8537.10 Boards, panels, consoles, desks and other bases; for electric control or the di… +US$ 1.6 mnUS$ 1.7 mn+2,097.7%

By chapter

New in 2025

Products India had not sold to Panama in the earlier years shown.

Source: UN Comtrade database (United Nations Statistics Division), as reported by India. Values in US$, calendar years. ECGC rating: ECGC Limited's short-term country classification, shown for convenience; Exportsmitra's figures and notes are not from ECGC.