- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
India and Panama poised to elevate their relations to a higher level
MoU signed to cooperate in Agricultural Research and Education
US$25mn LOC given by India to set up Centres of Bio-diversity, Drug Tracking, Innovation, and Technology
US$266.2m is bilateral trade value in 2018-19
10.4% hike in India's exports to Panama
US$ 46.34mn
was FDI equity inflow to India from April 2000 to March 2021
44.62%
Growth in India's exports to Panama (2021-2022)
15,000
Indians have made their home in Panama
Concurrent Accreditation The Mission in Panama also handles India's bilateral relations with Costa Rica and Nicaragua
Port development and port related services
Panama's economic resurgence in the last decade has opened opportunities for entrepreneurs
Infrastructure
Modernisation offers opportunities for Indians
Engineering
Mega-engineering projects provide good investments opportunities
IT & ITES
Offering Indian companies lots of opportunities
India's Exports and Imports to Panama
Source: Department of Commerce
Dated: 07/02/2023
Values in US $ Millions
Country / Region: PANAMA C Z
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 0.01 | 0.01 | |||
| 2. | %Growth | |||||
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.00 | 0.00 | |||
| 6. | IMPORT | |||||
| 7. | %Growth | |||||
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | |||||
| 11. | TOTAL TRADE | 0.01 | 0.01 | |||
| 12. | %Growth | |||||
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.00 | 0.00 | 0.00 | ||
| 16. | TRADE BALANCE | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
FICCI
+91 11 23738760 / 61 / 62 / ... / 70
FICCI Federation House Tansen Marg, New Delhi 110001
Panamanian Chamber of Commerce, Industry, and Agriculture (CCIAP)
(+507) 207 3400
Avenida Cuba y Ecuador, Calle 33-A Section: 0816-07517 | Panama, Rep. Of Panama
Embassy of India, Panama
(+507) 264 2416
10325, Calle Federico Boyd,Apdo 0823-05815, Bella Vista,Panama, Republic of Panama
Commercial Representative
(+507) 264 2416 (Extn.14)
Second Secretary (Pol, Cul, PIC & RTI)
