# Panama Export Playbook for South Asia

![Yugalinks](https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp)

> Yugalinks regional export playbook

Compare buyer markets, access conditions, and calculated product opportunities in South Asia. Use this guide to prioritize research, not to treat calculated indicators as guaranteed sales.

## Navigation

- [Yugalinks home](https://www.yugalinks.com/)
- [Trade data](https://www.yugalinks.com/trade/)
- [Open country workspace](https://www.yugalinks.com/app/countries)
- [Data sources](https://www.yugalinks.com/data-sources)
- [Methodology](https://www.yugalinks.com/methodology)

## Overview

- Exporter: Panama (PAN)
- Region: South Asia
- Latest trade year: 2024
- Buyer markets: 3
- Calculated three-year opportunity: $140.5B
- Reported FTA markets: 0
- Average reported distance: 15,292 km
- Average business entry indicator: 18 days

## Market comparison

| Market | ISO3 | Opportunity | Products | FTA | Distance | Entry days | Top product |
| --- | --- | ---: | ---: | --- | ---: | ---: | --- |
| India | IND | $130.1B | 15 | Not reported | 15,161 km | 18 | Oils: petroleum oils and oils obtained from bituminous minerals, crude |
| Pakistan | PAK | $6.4B | 2 | Not reported | 14,478 km | 17 | Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes |
| Bangladesh | BGD | $4.0B | 3 | Not reported | 16,236 km | 20 | Product not reported |

## Product and market opportunities

| Rank | Market | Product | Opportunity | Buyer growth | Current share |
| ---: | --- | --- | ---: | ---: | ---: |
| 1 | India (IND) | HS 270900 - Oils: petroleum oils and oils obtained from bituminous minerals, crude | $73.0B | +13.8% | +0.0% |
| 2 | India (IND) | HS 851770 - Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts | $14.8B | +18.2% | +0.0% |
| 3 | India (IND) | HS 851712 - Telephones for cellular networks or for other wireless networks | $10.5B | +20.9% | +0.0% |
| 4 | India (IND) | HS 847130 - Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $8.2B | +16.6% | +0.0% |
| 5 | India (IND) | HS 854140 - Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes | $6.2B | +21.6% | +0.0% |
| 6 | Pakistan (PAK) | HS 854140 - Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes | $4.0B | +29.6% | +0.0% |
| 7 | India (IND) | HS 852990 - Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors | $3.8B | +11.0% | +0.0% |
| 8 | Pakistan (PAK) | HS 851712 - Telephones for cellular networks or for other wireless networks | $2.5B | +17.7% | +0.0% |
| 9 | India (IND) | HS 271019 - Product description unavailable | $2.1B | +4.8% | +0.0% |
| 10 | India (IND) | HS 260300 - Copper ores and concentrates | $2.1B | +26.0% | +6.3% |
| 11 | India (IND) | HS 850440 - Electrical static converters | $1.9B | +14.8% | +0.0% |
| 12 | Bangladesh (BGD) | HS 271019 - Product description unavailable | $1.8B | +12.2% | +0.0% |
| 13 | India (IND) | HS 711319 - Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | $1.5B | +21.4% | +0.0% |
| 14 | India (IND) | HS 851762 - Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus | $1.3B | +16.4% | +0.0% |
| 15 | India (IND) | HS 847330 - Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units | $1.3B | +8.1% | +0.0% |
| 16 | Bangladesh (BGD) | HS 720449 - Ferrous waste and scrap: n.e.s. in heading no. 7204 | $1.3B | +27.3% | +0.0% |
| 17 | India (IND) | HS 760200 - Aluminium: waste and scrap | $1.2B | +17.8% | +0.1% |
| 18 | India (IND) | HS 852580 - Television cameras, digital cameras and video camera recorders | $1.1B | +22.1% | +0.0% |
| 19 | India (IND) | HS 382499 - Chemical products, mixtures and preparations: n.e.c. heading 3824 | $1.0B | +33.7% | +0.0% |
| 20 | Bangladesh (BGD) | HS 520100 - Cotton: not carded or combed | $929.0M | +12.4% | +0.0% |

## Sector opportunities

| Sector | Products | Reported buyer imports | Opportunity | Average growth |
| --- | ---: | ---: | ---: | ---: |
| HS2 27 - HS2 sector 27 | 1 | $130.1B | $73.0B | +13.8% |
| HS2 85 - HS2 sector 85 | 9 | $36.8B | $46.1B | +19.1% |
| HS2 84 - HS2 sector 84 | 2 | $7.4B | $9.6B | +12.3% |
| HS2 00 - HS2 sector 00 | 2 | $11.4B | $3.8B | +8.5% |
| HS2 26 - HS2 sector 26 | 1 | $3.6B | $2.1B | +26.0% |
| HS2 71 - HS2 sector 71 | 1 | $2.7B | $1.5B | +21.4% |
| HS2 72 - HS2 sector 72 | 1 | $1.4B | $1.3B | +27.3% |
| HS2 76 - HS2 sector 76 | 1 | $3.4B | $1.2B | +17.8% |

## Frequently asked questions

### Should Panama focus on South Asia?

Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions.

### What does calculated opportunity mean?

It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry.

### How should exporters use this page?

Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

Yugalinks presents derived views for research and planning. [Read the full methodology](https://www.yugalinks.com/methodology).

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.