India to Panama: Mitoxantrone Export Trade Route
India has recorded 4 verified shipments of Mitoxantrone exported to Panama, representing a combined trade value of $17.3K USD. This corridor is served by 2 active Indian exporters, with an average shipment value of $4.3K USD. The leading Indian exporter is CHANDRA BHAGAT PHARMA LIMITED, which accounts for 80% of total export value with 3 shipments worth $13.8K USD. On the buying side, TO THE ORDER...... is the largest importer in Panama with $13.8K USD in purchases. All data sourced from Indian Customs (DGFT) shipping bill records. Values reported in FOB USD.

Route Intelligence Overview
The India to Panama Mitoxantrone corridor is one of India's established pharmaceutical export routes, with 4 shipments documented worth a combined $17.3K USD. The route is dominated by CHANDRA BHAGAT PHARMA LIMITED, which alone accounts for roughly 80% of all export value, reflecting the consolidated nature of India's mitoxantrone manufacturing sector.
Across 2 active suppliers, the average shipment value stands at $4.3K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 73% of all shipments, consistent with mitoxantrone's non-urgent bulk-order profile.
Shipment activity peaks during October–December, with an average transit time of 28 days port-to-port. The route has recorded an annual growth rate of 32.6%, placing it at rank #19 among India's top mitoxantrone export destinations globally.
On the import side, key buyers of Indian mitoxantrone in Panama include TO THE ORDER......, TO THE ORDER...... . TO THE ORDER...... is the single largest importer with 3 shipments valued at $13.8K USD.
Route Characteristics
- Average transit28 days
- Peak seasonQ4
- Primary modeSea freight
- Top portSAHAR AIR CARGO ACC (INBOM4)
Market Position
- Global rank#19
- Annual growth+32.6%
- Demand growth+27.1%
- Regulatory ease76/100
Top 10 Indian Mitoxantrone Exporters to Panama
Showing top 10 of 2 Indian suppliers exporting Mitoxantrone to Panama, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | CHANDRA BHAGAT PHARMA LIMITED Avg $4.6K per shipment | 3 | $13.8K | 79.7% |
| 2 | CHANDRA BHAGAT PHARMA LIMITED Avg $3.5K per shipment | 1 | $3.5K | 20.3% |
This table shows the top 10 of 2 Indian companies exporting mitoxantrone to Panama, ranked by total trade value. The listed exporters are: CHANDRA BHAGAT PHARMA LIMITED, CHANDRA BHAGAT PHARMA LIMITED . CHANDRA BHAGAT PHARMA LIMITED is the dominant supplier with 3 shipments worth $13.8K USD, giving it a 80% market share.
Top 10 Mitoxantrone Importers in Panama
Showing top 10 of 2 known buyers in Panama receiving Mitoxantrone shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian mitoxantrone in Panama include TO THE ORDER......, TO THE ORDER...... . The largest importer is TO THE ORDER......, accounting for $13.8K USD across 3 shipments — representing 80% of all mitoxantrone imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | TO THE ORDER...... | 3 | $13.8K | 79.7% |
| 2 | TO THE ORDER...... | 1 | $3.5K | 20.3% |
Top 10 Mitoxantrone Formulations Imported by Panama
Showing top 10 of 2 product formulations shipped on the India to Panama Mitoxantrone route, ranked by trade value
Panama imports a wide range of mitoxantrone formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — PHARMACEUTICALS PRODUCT MITOXANTRONE FOR — accounts for $13.8K USD across 3 shipments. A total of 2 product variants have been identified in the shipment records.
| Rank | Product Formulation | Shipments | Trade Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | PHARMACEUTICALS PRODUCT MITOXANTRONE FOR | 3 | $13.8K | 79.7% |
| 2 | MITOXANTRONE FOR INJECTION 20 MG/10ML (L | 1 | $3.5K | 20.3% |
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 73%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
SAHAR AIR CARGO ACC (INBOM4) handles the highest volume with 4 shipments. Transit time averages 28 days by sea.
Market Dynamics
India's mitoxantrone exports to Panama are driven primarily by a handful of large-scale manufacturers. CHANDRA BHAGAT PHARMA LIMITED with 3 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 2 active exporters signals a competitive but concentrated market — buyers in Panama benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — CHANDRA BHAGAT PHARMA LIMITED, CHANDRA BHAGAT PHARMA LIMITED — together account for 100% of total trade value on this route. The average shipment value of $4.3K USD reflects a mix of bulk commercial orders and smaller specialty shipments.
Beyond the primary product category, shipments on this route include closely related formulations such as mitoxantrone for injection 20 mg/10ml (l , suggesting that buyers in Panama tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, TO THE ORDER...... is the largest importer with 3 shipments worth $13.8K USD — representing 80% of all mitoxantrone imports from India on this route.
Route Statistics
- Trade Volume
- $17.3K
- Avg. Shipment
- $4.3K
- Suppliers
- 2
- Buyers
- 2
- Transit (Sea)
- ~28 days
- Annual Growth
- +32.6%
Related Analysis
Other Mitoxantrone Routes
Unlock the Full India to Panama Mitoxantrone Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 4 shipments on this route.
Frequently Asked Questions — India to Panama Mitoxantrone Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Mitoxantrone to Panama?
The leading Indian exporters of Mitoxantrone to Panama are CHANDRA BHAGAT PHARMA LIMITED, CHANDRA BHAGAT PHARMA LIMITED . CHANDRA BHAGAT PHARMA LIMITED holds the largest market share at approximately 80% of total trade value on this route.
Q What is the total value of Mitoxantrone exports from India to Panama?
India exports Mitoxantrone to Panama worth approximately $17.3K USD across 4 recorded shipments. The average value per shipment is $4.3K USD.
Q Which ports does India use to ship Mitoxantrone to Panama?
The most active port of origin is SAHAR AIR CARGO ACC (INBOM4) with 4 shipments. Indian exporters primarily use sea freight for this route, with 73% of shipments going by sea and 21% by air.
Q How long does shipping take from India to Panama for Mitoxantrone?
The average transit time for Mitoxantrone shipments from India to Panama is approximately 28 days. Sea freight typically takes longer, while air freight can reduce this significantly for urgent orders. Peak shipping activity is observed during October–December.
Q Is the India to Panama Mitoxantrone trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 32.6% with demand growth tracking at 27.1%. The route is ranked #19 among India's top Mitoxantrone export destinations globally.
Q How many suppliers are active on the India to Panama Mitoxantrone route?
There are currently 2 active Indian suppliers exporting Mitoxantrone to Panama. The market is moderately concentrated with CHANDRA BHAGAT PHARMA LIMITED accounting for 80% of total shipment value.
Q Who are the main importers of Mitoxantrone from India in Panama?
The leading importers of Indian Mitoxantrone in Panama include TO THE ORDER......, TO THE ORDER...... . TO THE ORDER...... is the largest buyer with 3 shipments worth $13.8K USD.
Official References & Regulatory Resources
- India Trade Statistics (DGFT)
- Invest India — Pharma Sector
- WCO HS Nomenclature
- Ministry of Commerce — Pharma Exports
- Pharmexcil
Data sourced from Indian Customs (DGFT) records. Verify regulatory and trade status with the agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records — the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Route Identification: India to Panama export trade corridor identified from Indian Customs (DGFT) records for Mitoxantrone.
- 2.Supplier/Buyer Matching: 2 Indian exporters and 2 importers in Panama matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 4 verified shipping bill records. Values are FOB in USD.
- 4.Market Share Analysis: Each supplier and buyer contribution calculated as a percentage of total route value. Statistical normalization applied to ensure accurate representation across varying shipment sizes.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
4 Verified Shipments
2 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists