Nicotine products for inhalation without combustion

Nicotine products for inhalation without combustion — imports and exports, Panama

HS code 240412

From September 2025 to August 2026, Panama exported goods under HS code 240412 (Nicotine products for inhalation without combustion): 116 shipments by 9 companies. Main buyer countries (share of exports): Colombia 50.1%, Argentina 14.5%, Guatemala 10.5%. Imports are small: 33 shipments.

Heading 2404: Products containing tobacco, reconstituted tobacco, nicotine, or tobacco or nicotine substitutes, intended for inhalation without combustion; other nicotine-containing products for nicotine intake into the human body

Imports

Imports are small: 33 shipments

Exports

116
shipments
No data for the same months a year earlier
September 2025 – August 2026
Values and prices — in the report

Colombia — 50.1%

Colombia receives the most shipments · Share

Buyer countries
  • Colombia 50.1%
  • Argentina 14.5%
  • Guatemala 10.5%
  • Barbados 5.9%
  • Costa Rica 4.5%
9
companies
exported this product in the period

Shipments by month

July 2026
The busiest month of the period · 20 shipments
Busiest month
20 shipments
July 2026
Quietest month
2 shipments
September 2025
Average per month
10 shipments
Exports

The full picture is in the market report

Every importer and exporter, partner countries and two years of trends. Or go straight to a list of buyers for this code.

Questions and answers

From September 2025 to August 2026, Panama exported goods under HS code 240412 (Nicotine products for inhalation without combustion): 116 shipments by 9 companies. Imports are small: 33 shipments.

Main buyer countries (share of exports): Colombia 50.1%, Argentina 14.5%, Guatemala 10.5%, Barbados 5.9%, Costa Rica 4.5%.

Exporters in total: 9. The largest include KAMEL GROUP SA, P.C.T. ZONA LIBRE DE COLON, INC, ORION SEAIR GROUP SA.

Months with the most export shipments: July 2026 (20), August 2026 (18), January 2026 (12).
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