India to Panama: Raltegravir Export Trade Route
India has recorded 5 verified shipments of Raltegravir exported to Panama, representing a combined trade value of $775.1K USD. This corridor is served by 3 active Indian exporters, with an average shipment value of $155.0K USD. The leading Indian exporter is HETERO LABS LIMITED , which accounts for 54% of total export value with 3 shipments worth $418.7K USD. On the buying side, TO THE ORDER OF , . , . , . , . , . is the largest importer in Panama with $282.0K USD in purchases. The top 3 suppliers — HETERO LABS LIMITED , HETERO LABS LIMITED, HETERO LABS LIMITED — together control 100% of total trade value on this route. All data sourced from Indian Customs (DGFT) shipping bill records. Values reported in FOB USD.

Route Intelligence Overview
The India to Panama Raltegravir corridor is one of India's established pharmaceutical export routes, with 5 shipments documented worth a combined $775.1K USD. The route is dominated by HETERO LABS LIMITED , which alone accounts for roughly 54% of all export value, reflecting the consolidated nature of India's raltegravir manufacturing sector.
Across 3 active suppliers, the average shipment value stands at $155.0K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Freight is split between sea (69%) and air (18%), suggesting a mix of scheduled bulk orders and time-sensitive consignments.
Shipment activity peaks during October–December, with an average transit time of 34 days port-to-port. The route has recorded an annual growth rate of 32.9%, placing it at rank #11 among India's top raltegravir export destinations globally.
On the import side, key buyers of Indian raltegravir in Panama include TO THE ORDER OF , . , . , . , . , . , M S TO THE ORDER, SEVEN PHARMA PANAMA S.A. and 1 others. TO THE ORDER OF , . , . , . , . , . is the single largest importer with 2 shipments valued at $282.0K USD.
Route Characteristics
- Average transit34 days
- Peak seasonQ4
- Primary modeMulti-modal
- Top portHYDERABAD ACC (INHYD4)
Market Position
- Global rank#11
- Annual growth+32.9%
- Demand growth+29.2%
- Regulatory ease70/100
Top 10 Indian Raltegravir Exporters to Panama
Showing top 10 of 3 Indian suppliers exporting Raltegravir to Panama, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | HETERO LABS LIMITED Avg $139.6K per shipment | 3 | $418.7K | 54.0% |
| 2 | HETERO LABS LIMITED Avg $201.2K per shipment | 1 | $201.2K | 26.0% |
| 3 | HETERO LABS LIMITED Avg $155.3K per shipment | 1 | $155.3K | 20.0% |
This table shows the top 10 of 3 Indian companies exporting raltegravir to Panama, ranked by total trade value. The listed exporters are: HETERO LABS LIMITED , HETERO LABS LIMITED, HETERO LABS LIMITED. HETERO LABS LIMITED is the dominant supplier with 3 shipments worth $418.7K USD, giving it a 54% market share.
Top 10 Raltegravir Importers in Panama
Showing top 10 of 4 known buyers in Panama receiving Raltegravir shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian raltegravir in Panama include TO THE ORDER OF , . , . , . , . , . , M S TO THE ORDER, SEVEN PHARMA PANAMA S.A., TO THE ORDER OF . The largest importer is TO THE ORDER OF , . , . , . , . , . , accounting for $282.0K USD across 2 shipments — representing 36% of all raltegravir imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | TO THE ORDER OF , . , . , . , . , . | 2 | $282.0K | 36.4% |
| 2 | M S TO THE ORDER | 1 | $201.2K | 26.0% |
| 3 | SEVEN PHARMA PANAMA S.A. | 1 | $155.3K | 20.0% |
| 4 | TO THE ORDER OF | 1 | $136.7K | 17.6% |
Top 10 Raltegravir Formulations Imported by Panama
Showing top 10 of 4 product formulations shipped on the India to Panama Raltegravir route, ranked by trade value
Panama imports a wide range of raltegravir formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — RALTEGRAVIR POTASSIUM 400 MG TABS (QTY: — accounts for $282.0K USD across 2 shipments. A total of 4 product variants have been identified in the shipment records.
| Rank | Product Formulation | Shipments | Trade Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | RALTEGRAVIR POTASSIUM 400 MG TABS (QTY: | 2 | $282.0K | 36.4% |
| 2 | RALTEGRAVIR POTASSIUM 400 MG TABS 2389 PACKS 60'S/PAC | 1 | $201.2K | 26.0% |
| 3 | RALTEGRAVIR POTASSIUM TABLET | 1 | $155.3K | 20.0% |
| 4 | RALTEGRAVIR POTASSIUM 400 MG TABS (1748 | 1 | $136.7K | 17.6% |
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Balanced freight mix — 69% sea for bulk, 18% air for urgent orders.
Top Ports of Origin
HYDERABAD ACC (INHYD4) handles the highest volume with 3 shipments. Transit time averages 34 days by sea.
Market Dynamics
India's raltegravir exports to Panama are driven primarily by a handful of large-scale manufacturers. HETERO LABS LIMITED with 3 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 3 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 — HETERO LABS LIMITED , HETERO LABS LIMITED, HETERO LABS LIMITED — together account for 100% of total trade value on this route. The average shipment value of $155.0K USD reflects primarily bulk commercial orders from large pharmaceutical distributors.
Beyond the primary product category, shipments on this route include closely related formulations such as raltegravir potassium 400 mg tabs 2389 packs 60's/pac and raltegravir potassium tablet, 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 OF , . , . , . , . , . is the largest importer with 2 shipments worth $282.0K USD — representing 36% of all raltegravir imports from India on this route.
Route Statistics
- Trade Volume
- $775.1K
- Avg. Shipment
- $155.0K
- Suppliers
- 3
- Buyers
- 4
- Transit (Sea)
- ~34 days
- Annual Growth
- +32.9%
Related Analysis
Other Raltegravir Routes
Unlock the Full India to Panama Raltegravir Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 5 shipments on this route.
Frequently Asked Questions — India to Panama Raltegravir Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Raltegravir to Panama?
The leading Indian exporters of Raltegravir to Panama are HETERO LABS LIMITED , HETERO LABS LIMITED, HETERO LABS LIMITED. HETERO LABS LIMITED holds the largest market share at approximately 54% of total trade value on this route.
Q What is the total value of Raltegravir exports from India to Panama?
India exports Raltegravir to Panama worth approximately $775.1K USD across 5 recorded shipments. The average value per shipment is $155.0K USD.
Q Which ports does India use to ship Raltegravir to Panama?
The most active port of origin is HYDERABAD ACC (INHYD4) with 3 shipments. Indian exporters primarily use a mix of sea and air freight for this route, with 69% of shipments going by sea and 18% by air.
Q How long does shipping take from India to Panama for Raltegravir?
The average transit time for Raltegravir shipments from India to Panama is approximately 34 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 Raltegravir trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 32.9% with demand growth tracking at 29.2%. The route is ranked #11 among India's top Raltegravir export destinations globally.
Q How many suppliers are active on the India to Panama Raltegravir route?
There are currently 3 active Indian suppliers exporting Raltegravir to Panama. The market is moderately concentrated with HETERO LABS LIMITED accounting for 54% of total shipment value.
Q Who are the main importers of Raltegravir from India in Panama?
The leading importers of Indian Raltegravir in Panama include TO THE ORDER OF , . , . , . , . , . , M S TO THE ORDER, SEVEN PHARMA PANAMA S.A., TO THE ORDER OF . TO THE ORDER OF , . , . , . , . , . is the largest buyer with 2 shipments worth $282.0K 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 Raltegravir.
- 2.Supplier/Buyer Matching: 3 Indian exporters and 4 importers in Panama matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 5 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
5 Verified Shipments
3 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists