Export Petroleum Oils and Oils Obtained from Bituminous Minerals, Other Than Crude to Panama
Market guide for Indian exporters
🇵🇦 Panama — Country Profile
Capital
Panama City
GDP (USD)
$77.00
Population
4.4M
Currency
Balboa
Trade Agreement
No preferential agreement
Trade Snapshot
No recorded exports of petroleum oils and oils obtained from bituminous minerals, other than crude to Panama. This could represent an untapped market opportunity.
Based on HS Code 2710. Verify with the latest DGCIS data.
Get the full market report for petroleum oils and oils obtained from bituminous minerals, other than crude covering Panama and 200+ other markets.
Get Market Report →How to Export to Panama
Exporting petroleum oils and oils obtained from bituminous minerals, other than crude (HS Code 2710) from India to Panama requires careful attention to documentation, packaging standards, and customs regulations.
Indian exporters should ensure compliance with both Indian export regulations (DGFT) and Panama's import requirements.
Documentation Required
Commercial Invoice
Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.
Packing List
Itemized list of contents, weights, dimensions, and package markings for each shipment unit.
Bill of Lading / Airway Bill
Transport document issued by the carrier confirming receipt of goods for shipment.
Certificate of Origin
Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.
Shipping Bill
Filed with Indian Customs for export clearance. Generated through ICEGATE.
Letter of Credit / Bank Documents
Payment guarantee instrument. Commonly used for first-time trade partners.
Insurance Certificate
Proof of marine/cargo insurance covering the shipment against loss or damage.
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Export Petroleum Oils and Oils Obtained from Bituminous Minerals, Other Than Crude to Panama with XIMPEX
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