North America ยท Country profile
Panama
India-Panama trade corridor: $5.0B bilateral trade, $3.6B FDI into India.
$5.0B
Trade with India
+11.5% YoY
$1.14T
GDP
Nominal
$3.6B
FDI into India
Cumulative
+$0.4B
Trade balance
India surplus
Top exports to Panama
- Machinery
- Gems and jewellery
- Rice and cereals
Top imports from Panama
- Edible oils
- Electronic components
- Chemicals
Trade corridor with India
2025: $5.0B ยท 5-yr CAGR 12.3%
Goods trade in USD billion, illustrative demo figures.
Latest Panama stories
Trade6h ago3 min read
India-Panama bilateral trade hits a new quarterly high
FDI9h ago4 min read
Panama investors commit fresh capital to Indian manufacturing
Policy12h ago5 min read
Revised tariff schedule for India-Panama goods notified
Technology15h ago6 min read
India and Panama deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 5% to 0% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 7 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Panama Business Forum
Apr 2027 ยท New Delhi
Delegation
Trade delegation to Panama
Dec 2026 ยท Panama
Buyer meet
Panama buyers-sellers meet
Jan 2027 ยท Mumbai
Policy
Joint working group on market access
Mar 2027 ยท Virtual
Opportunity sectors
๐S41Mines9% projected demand growth๐ขS46Ports, Shipping and Waterways19% projected demand growth๐ผS51Services24% projected demand growth๐ฅ๏ธS56Technology16% projected demand growth๐ฉ๏ธS01Aerospace23% projected demand growth๐S06Automotive & Electric Vehicles26% projected demand growth