India's Top 10 Pharma Exports Regions & Countries, By 2021-25? Blog-77
By Dr. Lade Vedkumar.
World wide pharma exports will rise from 283.0 billion dollars to 429.2 billion dollars.
India's pharma exports will increase from 12.0 billion dollars to 17.4 billion dollars, HS code 3004 was used for this insight. India's pharma exports represent 2.6% of world exports for this product, its world export ranking is 11.
India's pharma export prospects are going to expand magnificently in the below regions by 2021-25.
These are the average export values of 2021 and prospects by 2025.
North America:
2020-5.4 billion dollars,
2024-5.3 billion dollars.
EU & West Europe:
2020-1.5 billion dollars,
2024-2.8 billion dollars.
Middle East:
2020-321.4 million dollars,
2024-1.8 billion dollars.
East Asia:
2020-128.5 million dollars,
2024-1.6 billion dollars.
ASEAN:
2020-638.7 million dollars,
2024-1.1 billion dollars.
Eastern Africa:
2020-645.0 billion dollars,
2024-931.3 billion dollars.
Latin America:
2020-479.9 million dollars,
2024-902.0 million dollars.
East Europe & Central Asia:
2020-616.1 million dollars,
2024-662.0 million dollars.
Southern Africa:
2020-866.4 million dollars,
2024-650.8 million dollars.
South Asia:
2020-333.3 million dollars,
2024-525.9 million dollars.
Important conclusion:
Best results can be found in countries having larger absolute difference between 2021's exports and prospects by 2025. It will create the space to earn additional export.
India's top three pharma export regions are North America, EU & West Europe and the Middle East. East Asia shows the largest absolute difference between potential and actual exports in value terms, leaving room to realize additional exports.
India's Top Pharma Export Countries, By 2021-25?
United States of America:
2020-5.2 billion dollars,
2024-4.9 billion dollars.
China:
2020-23.6 million dollars,
2024-730.0 million dollars.
Saudi Arabia:
2020-20.7 million dollars,
2024-414.6 million dollars.
Germany:
2020-236.9 million dollars,
2024-408.8 million dollars.
Japan:
2020-48.0 million dollars,
2024-393.2 million dollars.
Russian Federation:
2020-357.6 million dollars,
2024-375.9 million dollars.
United Arab Emirates:
2020-109.5 million dollars,
2024-370.2 million dollars.
Canada:
2020-199.1 million dollars,
2024-270.1 million dollars.
United Kingdom:
2020-410.5 million dollars,
2024-351.7 of million dollars.
Belgium:
2020-138.4 million dollars,
2024-336.3 million dollars.
Important conclusion:
India's top three pharma export countries are the United States of America, China and Saudi Arabia.
Best results can be found in countries having larger absolute difference between 2021's exports and prospects by 2025. It will create the space to earn additional export.
China, Saudi Arabia and Japan shows the largest absolute difference between 2021's exports in value terms, leaving room to earn additional exports by 2025.
As I always say.
'The best prospects cannot be found in the export statistic for the last five years. Because yesterday has passed. Rather, the best prospects are hidden in the next five year statistics'
Pharma Products Top 10 Exporting Countries By 2021-25.
Germany:
2020-43.8 billion dollars,
2024-74.2 billion dollars.
Switzerland:
2020-36.4 billion dollars,
2024-54.9 billion dollars.
Ireland:
2020-22.4 billion dollars,
2024-39.2 billion dollars.
France:
2020-17.9 billion dollars,
2024-29.7 billion dollars.
Italy:
2020-16.7 billion dollars,
2024-26.4 billion dollars.
United States of America:
2020-24.1 billion dollars,
2024-26.3 billion dollars.
United Kingdom:
2020-15.2 billion dollars,
2024-26.3 billion dollars.
Belgium:
2020-16.5 billion dollars,
2024-22.6 billion dollars.
Netherlands:
2020-13.3 billion dollars,
2024-20.7 billion dollars.
India:
2020-12.0 billion dollars,
2024-17.4 billion dollars.
Important conclusion:
Pharma product's top three export countries are Germany, Switzerland and Ireland. Germany shows the largest absolute difference between potential and actual exports in value terms, leaving room to realize additional exports.
Note:
We can predict your desired product, sector, country and region wise export/import insight by 2021-25.
We can provide customised reports to individuals, entities or associations. Report is available in one time format or you can subscribe for four updates annually. HS code 3004
Report includes:
Below products top 40 markets and top 10 sub-region wise export insight by 2021-25.
4. HS code 3003 Combination consisting two or more drugs.
5. HS code 300439 Medicaments containing hormones or steroids.
6. HS code 300660 Chemical contraceptive preparations.
7. HS code 300230 Vaccines for veterinary medicine.
8. HS code 300610 Sterile surgical catgut & tissue ahesives.
9. HS code 300510 Adhesive dressings & other articles having an adhesive layer.
10. HS code 300640 Dental & bone reconstruction cements & other dental fillings
11. HS code 3002 Vaccine, blood plasma, antisera & immunological products..
12. HS code 300432 Medicaments containing corticosteroid hormones.
13. HS code 300630 Opacifying preparations & diagnostic reagents
14. HS code 293810 Rutoside
15. HS code 293723 Oestrogens & progestogens
16. HS code 294190 Other antibiotics (norfloxacin, rifampicin)
17. HS code 300190 Dried glands, heparin & other human/animal substances
18. HS code 293719 Polypeptide & (glyco-)protein hormones & structural analogues
19. HS code 293628 Vitamin E & its derivatives
20. HS code 293690 Mixtures of vitamins
21. HS code 3003 Medicaments containing alkaloids or derivatives.
22. HS code 293629 Vitamins & their derivatives
23. HS code 293621 Vitamins A & their derivatives.
24. HS code 293624 D-Pantothenic or DL-pantothenic acid
25. HS code 293729 Steroidal hormones, their derivatives & structural analogues
26. HS code 300590 Wadding, gauze, bandages.
27. HS code 294000 Sugars, chemically pure
28. HS code 293627 Vitamin C & its derivatives
29. HS code 300339 Medicaments containing hormones or steroids used as hormones
30. HS code 294130 Tetracyclines & their derivatives
31. HS code 293790 Hormones, derivatives and structural analogues.
32. HS code 294110 Penicillins with a penicillanic acid structure.
33. HS code 300670 Gel preparations for surgical operations
34. HS code 293623 Vitamin B2 & its derivatives
35. HS code 293622 Vitamin B1 & its derivatives
36. HS code 294150 Erythromycin & its derivatives
37. HS code 300650 First-aid boxes and kits
38. HS code 293920 Alkaloids of cinchona & their derivatives
39. HS code 300620 Reagents for determining blood groups or blood factors
40. HS code 293625 Vitamin B6 & its derivatives
41. HS code 294120 Streptomycins & their derivatives
42. HS code 300431 Medicaments containing insulin
43. HS code 300120 Extracts of glands or other organs or of their secretions
45. HS code 293626 Vitamin B12 & its derivatives
46. HS code 293890 Glycosides
293919 Alkaloids of opium, their derivatives & salts thereof
47. HS code 293722 Halogenated derivatives of
48. HS code corticosteroidal hormones
49. HS code 293930 Caffeine & its salts
50. HS code 293979 Vegetable alkaloids, their salts, & derivatives
51. Medicaments containing alkaloids or derivatives.
52. HS code 294140 Chloramphenicol & its derivatives
53. HS code 293712 Insulin & its salts
54. HS code 293911 Concentrates of poppy straw & salts thereof
55. HS code 293721 Cortisone, hydrocortisone, prednisone
56. HS code 293969 Alkaloids of rye ergot & their derivatives
Reply your desired products six digit HS code and know your products Future Export Vision.
Note: All the values are in an USA dollar. Prices may vary as per the market demand and dollar value fluctuation. 2021's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. We update this insight on regular intervals.
Email:
futureexportvision@gmail.com
'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'
Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration January 2021.
© 2020-25 Future Export Vision.
Other valuable links:
Amazon global selling guide:
https://sell.amazon.com/global-selling/guide
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