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Pharmaceuticals export data

The pharmaceutical industry is important for economic development in India. The pharmaceutical industry can be subdivided into manufacturers of branded drugs, generic drugs, non-prescription drug, and biopharmaceutical products and contract research firms. Universities, hospitals, and research centers play an invaluable role in helping pharmaceutical firms in R&D activities.

                  

The pharmaceutical industry in India is growing rapidly. India is the largest supplier of generic medication. The Indian pharmaceutical industry was valued at 36.7 billion dollars in 2018. There are over 3000 pharmaceutical companies in the country with 10,500 manufacturing facilities. India has one of the lowest manufacturing costs in the world. The major pharmaceutical hubs in India are:- 

  • Hyderabad
  • Mumbai
  • Baddi
  • Himachal Pradesh
  • Bangalore
  • Ankleshwar 
  • Sikhim 

The global sale from exported drugs and medicines was 371.3 billion dollars in 2018. According to pharmaceutical export data India is the tenth-largest exporter in the world and exports 3.5% of the total drugs and medicines exports. 


According to the Department of Pharmaceutical, Ministry of Chemicals and Fertilizer the pharmaceutical export data the export revenue was 19.14 billion dollars in 2019. The exports showed a 10.72% jump when compared to the previous export figure in 2018 (17.28 billion dollars). Pharmaceutical exports are one of the major exports in the country accounting for 5% of total exports by India. 


The pharmaceutical export data India is compiled from custom ports around the country. The data contains data such as:- 

  • Product information (product description, HS Code, product quantity, unit quantity)
  • Value of the product (total value of the consignment and unit value)
  • Name of the exporter with contact details such country of origin
  • Name of the importer with contact detail including country of origin
  • Port of origin 
  • Port of destination 

India is the largest provider of generic drugs in the world (20 to 22% of the global export volume). According to the pharmaceutical export data of India the India pharmaceutical industry supplies over 50% of the global demands of vaccines, 40% of generic drugs to the US, and 25% of all medicines to the UK. 


India exports a variety of pharmaceutical products. The product breaks India’s export category wise break up was:-

  • Drug formulations & Biologicals (13.56 billion dollars)
  • Bulk Drugs & Drug intermediates (3.895 billion dollars)
  • Vaccines (661.93 million dollars)
  • Surgical (569.7 million dollars)
  • Herbal products (298.9 million dollars)
  • Ayush (147.22 million dollars) 

The region-wise export shows that the North American region is the largest export region (6.145 billion dollars), followed by Africa (3.436 billion dollars), and EU (3.03 billion dollars). The top pharmaceuticals exporting partners of India account for 56.5% of the total pharmaceutical exports. The major exporting partners are:- 

  • United States of America ( 5.820 billion dollars)
  • United Kingdom (630.17 million dollars)
  • South Africa (619.08 million dollars)
  • Russia ( 485.55 million dollars)
  • Brazil (452.05 million dollars)
  • Nigeria ( 447.95 million dollars)
  • Germany ( 445.78 million dollars)
  • Canada (325.26 million dollars)
  • Belgium (277.49 million dollars)
  • France (276.19 million dollars) 

 The top Pharmaceuticals exporters in India are:- 

  • Ranbaxy
  • Cipla
  • Dr. Reddy
  • Aurobindo
  • Lupin
  • Orchid Chemicals and Pharmaceuticals
  • Panacea Biotech Ltd
  • Atul Ltd
  • Ipca Laboratories

 

Seair Exim Solutions is a top import export data provider company. It offers updated, 100% genuine, and reliable global trade data of more than 80 countries of the world such as India, USA, Russia, Kenya, Mexico, Indonesia, Sri Lanka, Vietnam, Pakistan etc. Our major services are USA import data, Indian import data, Indian export data, import data Indonesia, Vietnam export data, Russia customs data, Mexico trade data, Kenya shipment data etc. You can find various free resources related to import export business like HS code list, HS code search, HS code Finder,  sac code finder, sac code list, custom duty in India, custom duty calculator, foreign ports, trading partners of India, GST rates in India, GST rates list and many more on our website –seair.co.in.

For free sample data report and free live demo data search

Phone No: +91-11-41325515, +91-9990020716

Email Id- Info@seair.co.in

 


  • Seair Exim
  • 21-Apr-2020

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