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Who buys India’s medicines? Export destinations 2024

In 2024, India exported $26 billion of medicines (866 thousand tonnes), 5.4% of the world total. Its main destinations were the United States (46%), the United Kingdom (3%) and South Africa (3%). India was the world’s 7th-largest exporter of medicines.

Summary

Value
$26billion
Tonnes
866thousand tonnes
Share of world total
5.4%
World rank
7th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States12Tonnes: 132,258USD per tonne: $90,51746.1%Air
United Kingdom0.89Tonnes: 28,625USD per tonne: $31,1913.4%Sea
South Africa0.65Tonnes: 19,960USD per tonne: $32,7132.5%Sea
Canada0.55Tonnes: 7,397USD per tonne: $74,4032.1%Air
Germany0.54Tonnes: 11,373USD per tonne: $47,5972.1%Air
Australia0.51Tonnes: 14,863USD per tonne: $34,1732%Sea
France0.45Tonnes: 9,680USD per tonne: $46,0531.7%Air
Brazil0.38Tonnes: 5,505USD per tonne: $69,8411.5%Air
Russia0.38Tonnes: 10,335USD per tonne: $36,7661.5%Sea
Philippines0.36Tonnes: 18,988USD per tonne: $19,0901.4%Sea
Netherlands re-exports0.34Tonnes: 8,298USD per tonne: $40,6341.3%Sea
Nigeria0.32Tonnes: 39,644USD per tonne: $8,1371.2%Sea
Uzbekistan0.3Tonnes: 7,978USD per tonne: $37,8591.2%Sea
Kenya0.29Tonnes: 17,047USD per tonne: $17,1871.1%Sea
Malta0.24Tonnes: 3,354USD per tonne: $71,9110.93%Air
Sri Lanka0.22Tonnes: 7,248USD per tonne: $31,0440.87%Sea
Mexico0.21Tonnes: 5,769USD per tonne: $36,1110.8%Sea
Nepal0.21Tonnes: 5,398USD per tonne: $38,0590.79%Land
Chile0.2Tonnes: 10,520USD per tonne: $19,2490.78%Sea
Ghana0.2Tonnes: 24,375USD per tonne: $8,1680.77%Sea

Trend

Who it sells to

The United States has been its main destination since 1998

Value in USD billions. The five largest destinations in 2024.

  • United States 12
  • United Kingdom 0.89
  • South Africa 0.65
  • Canada 0.55
  • Germany 0.54

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.0112
United Kingdom0.010.89
South Africa< 0.010.65
Canada< 0.010.55
Germany0.010.54

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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