Exports In 2023, India exported $26.6B in Pharmaceutical products, making it the 9th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 5th most exported product in India. The main destination of Pharmaceutical products exports from India are: United States ($10.8B), United Kingdom ($920M), Germany ($723M), South Africa ($601M), and Canada ($535M).
The fastest growing export markets for Pharmaceutical products of India between 2022 and 2023 were United States ($1.81B), United Kingdom ($239M), and Netherlands ($106M).
Imports In 2023, India imported $2.62B in Pharmaceutical products, becoming the 40th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 26th most imported product in India. India imports Pharmaceutical products primarily from: United States ($553M), Germany ($364M), Switzerland ($208M), China ($199M), and Italy ($151M).
The fastest growing import markets in Pharmaceutical products for India between 2022 and 2023 were Germany ($106M), United States ($92.8M), and Italy ($87.7M).
COMPANIES In 2023, leading companies such as Baxter Healthcare (14) were at the forefront of shipping Pharmaceutical products from India to the United States.