Why Pharmaceutical Export Import Data Matters
1. Market Intelligence
Export-import data helps pharmaceutical companies, traders, and policymakers understand which medicines, vaccines, and APIs (Active Pharmaceutical Ingredients) are in demand globally. For example, the growing global demand for Indian-made generic drugs underscores the country reputation as the world leading pharmacy.
2. Competitive Analysis
By studying trade volumes, countries of origin, and destinations, businesses can identify their competitors and potential partners. For example, analyzing U.S. imports of biologics or EU imports of APIs from Asia sheds light on sourcing strategies.
3. Regulatory Insights
The pharmaceutical sector is highly regulated. Trade data often reflects how policies, patent expirations, or international agreements impact the movement of drugs across borders.
4. Investment Decisions
Investors and stakeholders rely on trade statistics to predict growth opportunities in emerging markets or in high-demand therapeutic segments such as oncology, vaccines, or biosimilars.
Key Trends in Pharmaceutical Trade
- India Dominance in Generics: India exports affordable generic drugs to over 200+ countries, with major markets including the U.S. and Africa.
- Rising Biopharmaceutical Imports: Developed nations are importing more biologics and biosimilars, signalling a shift toward advanced treatments.
- Supply Chain Diversification: Post-pandemic, countries are diversifying their import sources for APIs to reduce dependency on a single region.
- Digital Transformation: AI-driven trade analytics platforms are helping companies use export-import data for predictive forecasting and demand planning.
Benefits of Using Pharma Trade Data
1. Identify Profitable Markets
India exports affordable generic drugs to over 200+ countries, with major markets including the U.S. and Africa.
2. Track Competitor Movements
Real-time monitoring of competitor exports/imports reveals strategies and pricing trends.
3. Compliance and Risk Management
Trade data helps ensure regulatory compliance and minimizes risks of counterfeit medicines entering the supply chain.
According to pharmaceutical import data, the main bulk medicines sourced from China are:
Medicine | Import Dependency on China |
Paracetamol | 100% |
Metformin | 100% |
Amoxicillin | 90-95% |
Ampicillin | 100% |
Ibuprofen | 85-95% |
Ciprofloxacin | 100% |
As per pharmaceutical products export data:
Year/Category | Pharmaceutical Export Data |
2019 | $10,799.61 million USD in total pharmaceutical exports |
2020 | $4,395.6 million USD in total pharmaceutical exports |
FY20 (Bulk medicine & intermediaries) | $3.89 billion USD |
FY21 (Bulk medicine & intermediaries) | $1.41 billion USD |
Global Share of Generic Medicine | India accounts for 20% of global generic exports |
Global Ranking | india is the largest exporter of generic medicine |
India top exporting countries for pharmaceutical medicines are: -
Rank | Country |
1 | USA |
2 | UK |
3 | Russia |
4 | South Africa |
5 | Nigeria |
According to pharmaceutical export data, the top exporters from India are:
Rank | Company Name |
1 | Sun pharmaceutical Industries Ltd. |
2 | Dr. Reddy's Laboratories Ltd. |
3 | Divi's Laboratories |
4 | Cipla |
5 | Aurobindo Pharma |
Pharmaceutical products are systematically organized on our website, making it easy for importers and exporters to identify them. The HS Code List for Pharmaceutical Products is included in Chapter 30 of the Harmonized System Codes. Importers use this code to determine the applicable GST rates.
Pharmaceutical Product | HS Code |
Humira | 30049099 |
Keytruda | 30049049 |
Revlimid | 30049099 |
Eliquis | 30041090 |
Opdivo | 30049099 |
What Happily Trade Exim Offers
Happily Trade Exim provides export and import data across 200+ countries with 170M+ records and 5M+ traders, covering details like HS codes, prices, shipment dates, and more. It offers specialized pharmaceutical insights such as market intelligence, buyer lists, competitor tracking, and compliance support. The platform includes dashboards, analytics, downloads, offline reports, and enterprise support with a refund guarantee. Updated monthly, it comes with flexible subscription plans (Basic to Pro+) that include advanced tools and trade insights.
Frequently Asked Questions
1. What is pharmaceutical export import data?
It refers to detailed trade records showing the movement of pharmaceutical products between countries, including shipment details, HS codes, exporters, importers, and quantities.
2. Why is pharmaceutical trade data important?
It helps businesses track market demand, identify potential buyers or suppliers, monitor competitors, and comply with trade regulations.
3. Which products are covered under pharma export import data?
It includes medicines, vaccines, APIs (Active Pharmaceutical Ingredients), medical formulations, and other pharma-related products classified under specific HS codes.
4. Who uses pharmaceutical trade data?
Exporters, importers, market researchers, logistics providers, and regulatory authorities use it to analyze trends and make informed decisions.
5. How can I access reliable pharma export import data?
Businesses can obtain it from government customs authorities, trade databases, or specialized data providers offering verified shipment records.