Who are the top Indian miconazole exporters/manufacturers?

The top Indian miconazole exporters in 2025-Q4 include ENCUBE ETHICALS PVT LTD. 93 Indian companies exported miconazole to 68 countries, with total trade value of $1.5M. This report ranks all 93 suppliers by trade value with detailed profiles.

What is the price of Indian miconazole exports?

Indian miconazole export prices vary by dosage form, destination, and volume. This report provides median prices, price distribution (P5-P95), supplier-level pricing, and a country-by-dosage price matrix — based on 348 real customs shipments.

How to find Indian miconazole suppliers/manufacturers?

This free report lists all 93 Indian miconazole manufacturers/exporters ranked by trade value, with city, dosage forms, destination countries, and buyer portfolios. Top suppliers get 2-page profiles with trade flow maps.

PHARMA TRADE INTELLIGENCE

INDIA EXPORT INTELLIGENCE REPORT

Miconazole

2025-Q4

Comprehensive analysis of India’s miconazole export trade — suppliers, buyers, prices, routes, and every shipment record.

348

Shipments

$1.49M

Trade Value

93

Suppliers

115

Buyers

68

Countries

Scan for online report

Talk to our analyst: +91 95950 78788

https://transdatanexus.com/pharmaceutical/miconazole

01

PART I — OVERVIEW

Executive Summary

At-a-glance KPIs, key findings, and strategic positioning of India’s miconazole trade — 2025-Q4

KEY TAKEAWAY Miconazole 2025-Q4 exports total $1.5M across 68 countries, with ENCUBE ETHICALS PVT LTD commanding 29.6% market share.

TOTAL SHIPMENTS

348

2025-Q4

EXPORT VALUE

$1.5M

FOB USD

TOTAL QUANTITY

3.2M

units shipped

INDIAN SUPPLIERS

93

unique exporters

GLOBAL BUYERS

115

unique importers

DESTINATIONS

68

countries

MEDIAN UNIT PRICE

$0.656

per unit

TOP-5 SHARE

60.9%

of total USD

BRANDED SHARE

63.8%

222 shipments

DOSAGE FORMS

24

product types

6 KEY FINDINGS

1

ENCUBE ETHICALS PVT LTD is India's #1 Miconazole exporter with $441.7K (29.6% market share).→ §5, Indian Supplier Rankings

2

Miconazole reached 68 countries, with United States as the top destination ($527.2K).→ §4, Global Destination Map

3

Market concentration is low (HHI: 1193) — top 10 suppliers control 74.5% of exports.→ §5, Indian Supplier Rankings

4

98.3% of buyers (113 of 115) source from a single Indian supplier — potential poaching opportunities.→ §6, Global Buyer Rankings

5

Cream dominates (69.1%) across 24 dosage forms.→ §7, Price Benchmarks

6

65 countries have ≤5 Indian suppliers — easy-entry markets for SME exporters.→ §9, Strategic Opportunities

WHO THIS REPORT IS FOR

S SUPPLIERS (Indian pharma exporters)

See which buyers your competitors are shipping to, at what price, through which ports
Identify buyers that are single-sourced (poaching opportunities)
Benchmark your pricing and catalog vs the Top 25

B BUYERS (global importers)

Discover which Indian exporters supply this product and what they sell
Benchmark the price you are paying vs the market median by country and dosage
Identify alternative suppliers with proven exports to similar destinations

Figure 1.1 ENCUBE ETHICALS PVT LTD leads in volume — how do 30 exporters compare on price × volume?

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Every bubble is one Indian miconazole exporter. X-axis = shipment count; Y-axis = average unit price; bubble size = total revenue. Dashed lines split at the median — exporters in the top-right (Bulk Leaders) combine high volume with premium pricing.

HOW TO READ THIS REPORT

60 seconds

Scan this page — KPIs, thesis, flagship chart, top findings

5 minutes

Read every Key Takeaway line across §1–§9

30 minutes

Read sections tagged for your role ([S] or [B]) end-to-end

In depth

Drill into §10 for your country · supplier / buyer directories at end

02

PART I — OVERVIEW

About This Report

Data sources, methodology, trust signals, and what this Miconazole report covers

KEY TAKEAWAY Every figure in this report is grounded in real commercial miconazole trade records. Data comes from official customs filings and public trade sources, runs through a multi-layer quality process, and lands in a clean, consistent report you can rely on.

S FOR SUPPLIERS

Every competitor benchmark, market share figure, and buyer list in this report comes from verified commercial shipments — not surveys or estimates. Use them with confidence when planning your next pitch.

B FOR BUYERS

Every supplier profile, price benchmark, and trade route in this report reflects what that supplier actually ships — real volumes, real destinations, real prices. Use them to qualify and compare Indian miconazole suppliers.

§2.1 Reporting parameters · the scope of this 2025-Q4 Miconazole India trade report

P

Product scope

Miconazole

All variants merged — branded and generic formulations of miconazole

T

Time period

2025-Q4

October, November, December 2025 — a single-quarter snapshot

S

Data sources

Official & public trade records

Government customs filings, public trade databases and licensed commercial feeds

G

Geography

India origin → global

Indian sea and air ports shipping to destination markets worldwide

C

Currency

USD (FOB)

Declared Free-on-Board value at the Indian port of loading

R

Shipments analysed

348

Every commercial miconazole trade record in the period, aggregated and deduplicated

§2.2 Our quality process · Figure 2.1

Figure 2.1 From raw trade records to a clean report — the four quality pillars.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Raw trade data (left) flows through four quality checks — source verification, format standardisation, entity matching, and deduplication — to produce the clean, reliable data (right) behind every chart and table in this report.

§2.3 Trust signals · what you can rely on in the numbers you read

DATA COVERAGE

10M+

Pharmaceutical trade records across the full TransData Nexus platform.

COUNTRIES

150+

Origin and destination countries covered in the global pharma trade database.

DATA ACCURACY

99.9%

Validation rate on core fields — supplier, buyer, product, quantity, value.

UPDATE FREQUENCY

Daily

Platform refresh cadence. This report is a snapshot from the same live data.

§2.4 Limitations · what the data does and does not tell you

WHAT THIS DATA DOES AND DOES NOT SAY

Prices are at the Indian port of loading (FOB), not the final delivered cost in the destination country. Freight, insurance, import duty and local margin are not included.
This is a single-quarter snapshot. Multi-quarter trends, year-over-year growth and historical comparisons are available on the full platform.
A small number of records have incomplete transport mode or destination port fields; these appear blank in the shipment register but are still counted in totals.
This report is a commercial intelligence tool, not a legal audit. For high-stakes decisions, cross-reference with the underlying trade records via the full platform.

03

PART II — MARKET STRUCTURE

Quarterly Trade Overview

Monthly trends, regional performance, and ranking shifts — 2025-Q4

KEY TAKEAWAY 2025-Q4 followed a mixed: Oct $466.2K, Nov $743.9K, Dec $280.8K. Shipment counts rose across the quarter.

S FOR SUPPLIERS

Track which months your competitors were most active, which destinations rose or fell, and whether the Nov dip hit your segment. The bump charts show rank movement — watch for rivals climbing past you.

B FOR BUYERS

Identify whether your current Indian supplier maintained steady shipments through the quarter, or whether they pulled back. Steady suppliers during dips signal reliable partnerships.

1

$466.2K

Oct USD

53 shipments

2

$743.9K

Nov USD

+59.6% MoM

3

$280.8K

Dec USD

-62.3% MoM

4

Mixed

Q4 growth shape

Oct → Nov → Dec

Fig 3.1 Nov rose 59.6% in USD but shipment count kept climbing.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Blue bars = monthly USD. Orange line = shipment count. When bars drop but line rises, average shipment value fell. Insight: Oct opened at $466K, making it the middle month by value.

Fig 3.2 Q4 cumulative USD reached $1.5M.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: The curve shows the running total across the quarter. A steeper slope means that month contributed more revenue. Insight: The curve’s steepest section reveals which month drove the most trade value.

Fig 3.3 $278K rise in Nov, $463K decline in Dec.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Blue bars = absolute monthly value. Red = month-over-month loss; green = gain. Insight: Trade grew steadily across the quarter.

Fig 3.4 Regional breakdown by month — which corridors swung most?

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each coloured layer is one destination region. Layer height = USD in that month. Insight: The top region contributed the most, while the smallest region had the least volume.

§3.1 Monthly summary

Oct	$466K	53 shipments
Nov	$744K	163 shipments
Dec	$281K	132 shipments
Q4 Total	$1.5M	348 shipments

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

Fig 3.5 Top 10 destination countries by monthly USD rank — who’s rising?

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each line traces a country’s monthly rank. Lines crossing = rank swaps. Insight: Sri Lanka held #1 throughout the quarter.

Fig 3.6 Top 10 Indian exporters by monthly USD rank.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each line traces a supplier’s monthly rank. Flat = stable position; crossing = rank change. Insight: CIPLA LTD maintained its leading position.

04

PART II — MARKET STRUCTURE

Global Destination Map

Which countries import miconazole from India, how much they buy, and who supplies each market

KEY TAKEAWAY United States absorbs 35.4% of India’s 2025-Q4 miconazole trade ($527.2K). Beyond the top 10 destinations, 65 countries have fewer than 5 Indian suppliers each — white-space markets where new entrants face minimal competition. Africa has 23 destination countries, the widest regional diversity.

S FOR SUPPLIERS

Use the flow map and lanes table to see which destinations your competitors dominate. For small and mid-size suppliers: look beyond the leading markets — the 65 countries in the long tail have fewer than 5 Indian suppliers each and low competitive barriers.

B FOR BUYERS

Find your country on the map to see how much miconazole India ships to your market, who the top suppliers are, and whether you’re in a concentrated or competitive corridor.

Asia

$407K

27.3% of trade

22 countries · 131 shipments

Europe

$59K

4.0% of trade

9 countries · 46 shipments

Americas

$558K

37.4% of trade

10 countries · 64 shipments

Africa

$383K

25.7% of trade

23 countries · 90 shipments

Oceania

$84K

5.6% of trade

4 countries · 17 shipments

Fig 4.1 United States is the #1 corridor ($527K) — 30 flow arcs from India radiate across 5 continents.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: The world map shows every country colored by how much Indian miconazole it receives (light = low, dark = high). Orange arcs radiate from India to the top 30 destinations; arc thickness = USD value. All destinations are labeled with country name + USD.

§4.1 Top 10 bilateral trade lanes (India → destination) with top Indian suppliers

#	Destination	Total USD	Ships	#1 Indian supplier	USD	#2 Indian supplier	USD	#3 Indian supplier	USD
1	United States	$527K	37	ENCUBE ETHICALS PVT LTD	$427K	UMENDRA EXPORTS PVT LTD	$101K	RUCHA ENTERPRISES	$70
2	South Africa	$196K	5	J B CHEMICALS AND PHARMACEUTICALS LTD	$113K	S KANT HEALTHCARE LTD	$84K	3CUBE MEDICARE PVT LTD	$3
3	Sri Lanka	$96K	7	CIPLA LTD	$36K	CENTRAL DRUGS AND PHARMACEUTICALS	$35K	LABORATE PHARMACEUTICALS INDIA LTD	$15K
4	New Zealand	$84K	8	CIPLA LTD	$68K	ENCUBE ETHICALS PVT LTD	$15K	—	—
5	France	$52K	6	GALENTIC PHARMA INDIA PVT LTD	$38K	BDA HEALTH CARE PVT LTD	$9K	KAISER EXPORTS	$5K
6	Nepal	$52K	20	MICRO LABS LTD	$39K	MEDOPHARM	$6K	BLUE CROSS LABORATORIES PVT LTD	$4K
7	Myanmar	$47K	2	LESANTO EXPORTS LLP	$39K	MULTICO EXPORTS PVT LTD	$7K	—	—
8	Philippines	$46K	3	S KANT HEALTHCARE LTD	$25K	LOB INTERNATIONAL	$21K	—	—
9	Tanzania	$42K	13	CENTAUR PHARMACEUTICALS PVT LTD	$17K	S KANT HEALTHCARE LTD	$14K	JMB PHARMACEUTICALS PVT LTD	$6K
10	Kenya	$40K	6	SHALINA LABORATORIES PVT LTD	$21K	CENTAUR PHARMACEUTICALS PVT LTD	$9K	AGOG PHARMA LTD	$4K

Table 4.1 — Top 10 destination countries ranked by trade value, with the largest Indian suppliers for each market.

Fig 4.2 Asia leads at 27.3% of USD — but United States is the single largest market.

Region → country treemap

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Column width = region USD share. Within each column, cells are stacked by country, height = share within region.

§4.2 Destination concentration

35.4%

#1 country share

United States alone

64.1%

Top 5 share

5 of 68 countries

87.2%

Top 15 share

Long tail of 53 countries = 12.8%

HHI 1579

Destination HHI

Moderately concentrated

68

Countries served

Global pharma reach from India

23

Africa countries

Widest regional diversity

Source: TransData Nexus trade data platform

05

PART III — WHO’S IN THIS MARKET

Indian Supplier Rankings & Profiles

93 Indian exporters ranked by value — profiles, portfolios, and competitive intelligence

KEY TAKEAWAY ENCUBE ETHICALS PVT LTD ($441.7K, 29.6% share) and S KANT HEALTHCARE LTD ($149.5K) together control 39.7% of India’s 2025-Q4 miconazole trade. The top 5 suppliers hold 60.9%. 93 companies shipped at least once.

S FOR SUPPLIERS

Find your rank, your competitors’ ranks, and the gap in USD/share between you. The profile pages show each top supplier’s buyer portfolio, dosage mix and route map — your competitive-intelligence toolkit.

B FOR BUYERS

Find potential Indian miconazole suppliers ranked by size, catalog breadth and destination reach. The profile pages reveal which suppliers have proven trade lanes to your region.

Fig 5.1 ENCUBE ETHICALS PVT LTD leads by $292K over S KANT HEALTHCARE LTD — top 20 Indian exporters ranked by trade value

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each bar = one Indian supplier ranked by USD. The (#N) shows their rank by shipment count — mismatches reveal pricing strategy. Insight: J B CHEMICALS is #3 by value but #12 by volume.

Fig 5.2 ENCUBE ETHICALS PVT LTD also leads by shipment count (16) but ranking shifts for volume-heavy players

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Same suppliers re-ranked by shipment count. The (#N) shows their rank by USD value. Insight: J B CHEMICALS moves from #12 by volume to #3 by value — fewer but higher-value shipments.

05

PART III — WHO’S IN THIS MARKET

Supply Landscape — Archetypes & Concentration

How India’s 93 miconazole suppliers split into strategic segments

KEY TAKEAWAY 24 suppliers (25%) generate 91.4% of total trade value. The market splits into four archetypes: Market Leaders, High-Value specialists, Volume players, and a long tail.

Fig 5.3 ENCUBE ETHICALS PVT LTD and S KANT HEALTHCARE LTD sit in the leaders zone — high volume AND high value.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each bubble is one Indian supplier. X-axis = shipment count (log scale); Y-axis = total USD value (log scale); bubble size = revenue. Blue dashed lines split at the median. Market Leaders (top-right) combine high volume with high value. Premium Niche (top-left) ship fewer but higher-value consignments. Volume Players (bottom-right) compete on quantity. Long-Tail (bottom-left) are small or occasional exporters. Conclusion: the log scale reveals clear strategic clusters — use this map to identify where your company sits relative to competitors.

Fig 5.4 25% of suppliers = 91.4% of USD — classic concentration.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Top bar = supplier %, bottom bar = USD %. The gap = market concentration.

Product variety — how many formulations each supplier ships

#	Supplier	Dosage forms	Countries	USD
1	S KANT HEALTHCARE LTD	5	5	$150K
2	SHALINA LABORATORIES PVT LTD	3	2	$24K
3	ENCUBE ETHICALS PVT LTD	2	2	$442K
4	J B CHEMICALS AND PHARMACEUTICALS LTD	2	1	$113K
5	UMENDRA EXPORTS PVT LTD	2	1	$101K
6	MICRO LABS LTD	2	1	$39K
7	CENTRAL DRUGS AND PHARMACEUTICALS	2	1	$35K
8	CENTAUR PHARMACEUTICALS PVT LTD	2	2	$26K
9	MARKSANS PHARMA LTD	2	1	$19K
10	CIPLA LTD	1	2	$104K

Table 5.1 — The more dosage forms a supplier ships, the more versatile their manufacturing capability.

05

PART III — WHO’S IN THIS MARKET

Supply Landscape — India Origin Geography & Concentration

Which Indian cities and states are the miconazole manufacturing hubs

KEY TAKEAWAY Goa and Mumbai together account for $719K of India’s 2025-Q4 miconazole trade.

Fig 5.5 Goa (1 exporters, $442K) and Mumbai (18 exporters, $277K) are India’s miconazole capitals.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Orange bubbles mark major pharma hub cities; bubble size = USD value. Every hub labeled.

§5.1 Supplier concentration metrics

60.9%

Top 5 share

5 of 93 suppliers

74.5%

Top 10 share

10 of 93 suppliers

91.4%

Top 25% share

24 suppliers = 91% USD

HHI 1193

Supplier HHI

Competitive

93

Total suppliers

shipped Miconazole in 2025-Q4

20+ cities

Indian hubs

Goa and Mumbai lead

§5.2 Coming next: 4 exporter deep-dive profiles

Each of the top 4 suppliers gets a dedicated 2-page profile with:

6 KPI cards — trade value, shipments, countries, buyers, avg ship value, branded share
Dosage form breakdown — what formulations they ship
Monthly trend — Oct / Nov / Dec trajectory
Trade flow map — supplier → country → importer connections
Buyer portfolio with lock-in analysis

SUPPLIER PROFILES IN THIS REPORT

#1	ENCUBE ETHICALS PVT LTD	$442K
#2	S KANT HEALTHCARE LTD	$150K
#3	CIPLA LTD	$104K
#4	CENTAUR PHARMACEUTICALS PVT LTD	$26K

#1

EXPORTER PROFILE #1 OF 4

ENCUBE ETHICALS PVT LTD

Goa · India’s #1 miconazole supplier by USD · 2025-Q4

2025-Q4 USD

$442K

29.6% market share

SHIPMENTS

16

avg $28K/ship

COUNTRIES

2

destination markets

BUYERS

3

3 single-sourced

BRANDED

19%

of shipments

DOSAGE FORMS

2

product types

TOP 2 DESTINATIONS

United States is the #1 market at $427K (97% of trade), followed by New Zealand at $15K. 2 countries served.

#	Country	USD	Ships	Share
1	United States	$427K	15	96.6%
2	New Zealand	$15K	1	3.4%

MONTHLY TREND

Nov peaked at $393K. Oct was the weakest at $0.

PRODUCT MIX

Cream dominates at 97% of trade. tubes (3.4%) and others are secondary formulations.

Cream

96.6%

tubes

3.4%

TOP BUYERS · 3/3 LOCKED IN

3 of 3 buyers source exclusively from this supplier — high lock-in with low competitive threat.

Buyer	Country	USD	Status
PL DEVELOPMENTS	United States	$350K	⚠ Locked
H2-PHARMA LLC	United States	$76K	⚠ Locked
AFT PHARMACEUTICALS LTD	New Zealand	$15K	⚠ Locked

#1

EXPORTER PROFILE #1 OF 4 — TRADE FLOW MAP

ENCUBE ETHICALS PVT LTD — Supplier → Country → Importer

2 destination countries, top 5 importers per country

Fig 5.P1.3 United States absorbs $427K — the thickest ribbon.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Left = Indian supplier. Middle = destination countries (ordered by USD). Right = importers within each country. Ribbon thickness = USD value; color = country. Every node labeled with name + USD + ships. Showing top 2 destinations and up to 2 importers per destination.

#2

EXPORTER PROFILE #2 OF 4

S KANT HEALTHCARE LTD

Worli · India’s #2 miconazole supplier by USD · 2025-Q4

2025-Q4 USD

$150K

10.0% market share

SHIPMENTS

7

avg $21K/ship

COUNTRIES

5

destination markets

BUYERS

1

unique importers

BRANDED

43%

of shipments

DOSAGE FORMS

5

product types

TOP 5 DESTINATIONS

South Africa is the #1 market at $84K (56% of trade), followed by Philippines at $25K. 5 countries served.

#	Country	USD	Ships	Share
1	South Africa	$84K	1	55.9%
2	Philippines	$25K	2	16.8%
3	Burkina Faso	$17K	1	11.5%
4	Tanzania	$14K	2	9.2%
5	Vietnam	$10K	1	6.6%

MONTHLY TREND

Nov peaked at $122K. Dec was the weakest at $10K.

PRODUCT MIX

Ointment dominates at 65% of trade. Cream (18.1%) and oral mucosa are secondary formulations.

Ointment

65.0%

Cream

18.1%

oral mucosa

9.8%

Other

7.0%

Gel

0.1%

TOP BUYERS · 0 BUYERS

Buyers are well-diversified across multiple Indian suppliers.

Buyer	Country	USD	Status
Undisclosed buyer	Burkina Faso	$150K	N/A

#2

EXPORTER PROFILE #2 OF 4 — TRADE FLOW MAP

S KANT HEALTHCARE LTD — Supplier → Country → Importer

5 destination countries, top 5 importers per country

Fig 5.P2.3 South Africa absorbs $84K — the thickest ribbon.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Left = Indian supplier. Middle = destination countries (ordered by USD). Right = importers within each country. Ribbon thickness = USD value; color = country. Every node labeled with name + USD + ships. Showing top 5 destinations and up to 1 importers per destination.

#4

EXPORTER PROFILE #3 OF 4

CIPLA LTD

Mumbai · India’s #4 miconazole supplier by USD · 2025-Q4

2025-Q4 USD

$104K

7.0% market share

SHIPMENTS

9

avg $12K/ship

COUNTRIES

2

destination markets

BUYERS

2

2 single-sourced

BRANDED

33%

of shipments

DOSAGE FORMS

1

product types

TOP 2 DESTINATIONS

New Zealand is the #1 market at $68K (66% of trade), followed by Sri Lanka at $36K. 2 countries served.

#	Country	USD	Ships	Share
1	New Zealand	$68K	7	65.6%
2	Sri Lanka	$36K	2	34.4%

MONTHLY TREND

Oct peaked at $59K. Dec was the weakest at $16K.

PRODUCT MIX

Cream dominates at 100% of trade.

Cream

100.0%

TOP BUYERS · 2/2 LOCKED IN

2 of 2 buyers source exclusively from this supplier — high lock-in with low competitive threat.

Buyer	Country	USD	Status
HELLMANN WORLDWIDE LOG…	New Zealand	$68K	⚠ Locked
BREATHEFREE LANKA PVT …	Sri Lanka	$36K	⚠ Locked

#4

EXPORTER PROFILE #3 OF 4 — TRADE FLOW MAP

CIPLA LTD — Supplier → Country → Importer

2 destination countries, top 5 importers per country

Fig 5.P3.3 New Zealand absorbs $68K — the thickest ribbon.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Left = Indian supplier. Middle = destination countries (ordered by USD). Right = importers within each country. Ribbon thickness = USD value; color = country. Every node labeled with name + USD + ships. Showing top 2 destinations and up to 1 importers per destination.

#11

EXPORTER PROFILE #4 OF 4

CENTAUR PHARMACEUTICALS PVT LTD

Mumbai · India’s #11 miconazole supplier by USD · 2025-Q4

2025-Q4 USD

$26K

1.8% market share

SHIPMENTS

7

avg $4K/ship

COUNTRIES

2

destination markets

BUYERS

2

2 single-sourced

BRANDED

100%

of shipments

DOSAGE FORMS

2

product types

TOP 2 DESTINATIONS

Tanzania is the #1 market at $17K (65% of trade), followed by Kenya at $9K. 2 countries served.

#	Country	USD	Ships	Share
1	Tanzania	$17K	6	65.4%
2	Kenya	$9K	1	34.6%

MONTHLY TREND

Oct peaked at $17K. Nov was the weakest at $0.

PRODUCT MIX

Cream dominates at 65% of trade. Gel (35.1%) and others are secondary formulations.

Cream

64.9%

Gel

35.1%

TOP BUYERS · 2/2 LOCKED IN

2 of 2 buyers source exclusively from this supplier — high lock-in with low competitive threat.

Buyer	Country	USD	Status
ASTRA PHARMA (T) LTD	Tanzania	$17K	⚠ Locked
SAI PHARMACEUTICALS KE…	Kenya	$9K	⚠ Locked

#11

EXPORTER PROFILE #4 OF 4 — TRADE FLOW MAP

CENTAUR PHARMACEUTICALS PVT LTD — Supplier → Country → Importer

2 destination countries, top 5 importers per country

Fig 5.P4.3 Tanzania absorbs $17K — the thickest ribbon.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Left = Indian supplier. Middle = destination countries (ordered by USD). Right = importers within each country. Ribbon thickness = USD value; color = country. Every node labeled with name + USD + ships. Showing top 2 destinations and up to 1 importers per destination.

06

PART III — WHO’S IN THIS MARKET

Global Buyer Rankings & Intelligence

115 importers across 68 countries — who is buying Indian miconazole and how much

KEY TAKEAWAY The demand side is dramatically more fragmented than supply: the top 25 importers together hold only 66.9% of total USD. 98% of buyers source from a single Indian supplier — a vast pool of lock-in candidates.

S FOR SUPPLIERS

Find the importers buying from your competitors. The rankings reveal who has volume, who pays well, and who sources from multiple Indian suppliers (potential pitch targets).

B FOR BUYERS

See where you rank among global importers of Indian miconazole. Compare your USD and shipment count against peers in your country and dosage segment.

Fig 6.1 PL DEVELOPMENTS is the #1 importer at $350K (23.5%) — top 25 by trade value

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each bar = one global importer ranked by USD.

Fig 6.2 Re-ranked by shipment count — compare with Fig 6.1 for divergences

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Same 25 importers re-ranked by shipment count.

§6.1 Sourcing diversity — how many Indian suppliers does each buyer use?

98%

Single-source

113 buyers rely on exactly 1 Indian supplier

0%

Dual-source

0 buyers use 2 Indian suppliers

0%

Multi-source (3–4)

0 buyers diversified across 3–4

2%

Broad-source (5+)

2 buyers with 5+ Indian suppliers

06

PART III — WHO’S IN THIS MARKET

Single-Source Buyers & Price Benchmark

Lock-in opportunities grouped by country + where each buyer sits on the price spectrum

KEY TAKEAWAY These importers source miconazole from exactly one Indian supplier. For each one, the table shows the incumbent, price, and dosage.

S FOR SUPPLIERS

This is your target list. Each row is a buyer locked into one competitor. Offer 5–10% better pricing to win the second-source slot.

B FOR BUYERS

If you see your company here, you are fully dependent on one Indian supplier. Consider qualifying a second source.

§6.2 Single-source lock-in by country

United States 5 single-source buyers

Importer	Current supplier	USD	Unit $	Dosage
PL DEVELOPMENTS	ENCUBE ETHICALS PVT …	$350K	$1.640	Cream
H2-PHARMA LLC	ENCUBE ETHICALS PVT …	$76K	$1.694	Cream
THE MASTER OF SEAWAYS …	3CUBE MEDICARE PVT LTD	$4.227	$0.423	Cream
THE MASTER OF ARDMORE …	3CUBE MEDICARE PVT LTD	$3.813	$0.636	Cream
THE MASTER OF PLATA LU…	3CUBE MEDICARE PVT LTD	$2.205	$0.735	Cream

Nepal 5 single-source buyers

Importer	Current supplier	USD	Unit $	Dosage
RAHUL PHARMA	MICRO LABS LTD	$30K	$1.061	Cream
CHAO SA	MICRO LABS LTD	$8K	$1.061	Cream
NEWA DRUG DISTRIBUTORS…	MEDOPHARM	$6K	$1.225	Tablet
FARMANURA PVT LTD	BLUE CROSS LABORATOR…	$4K	$0.583	Cream
UNIQUE TRADE LINK PVT …	ARISTO PHARMACEUTICA…	$2K	$0.854	Injection

Kenya 5 single-source buyers

Importer	Current supplier	USD	Unit $	Dosage
SHALINA HEALTHCARE (K)…	SHALINA LABORATORIES…	$21K	$0.131	Ointment
SAI PHARMACEUTICALS KE…	CENTAUR PHARMACEUTIC…	$9K	$0.922	Gel
PMSS LTD	AGOG PHARMA LTD	$4K	$0.265	Cream
GOLDEN PHARMA LTD	EVEREST HEALTH CARE	$3K	$0.129	Cream
SWISSTA PHARMACEUTICAL…	YASHWIN HEALTH CARE	$3K	$0.114	Cream

United Arab Emirates 5 single-source buyers

Importer	Current supplier	USD	Unit $	Dosage
IMPERIAL MEDICAL SOLUT…	MEPRO PHARMACEUTICAL…	$20K	$0.213	—
IDA TRADING MEA	MEPRO PHARMACEUTICAL…	$10K	$2.244	Cream
SELLCO TRADING INTL FZCO	SAVA HEALTHCARE LTD	$881.698	$1.763	Spray
EMIRATES POST COMPANY	DERRIC WOOD	$43.142	$0.427	Gel
M/SKOTTAKAL AYURVEDIC …	GREENSHIP EXPORTS	$32.527	$0.678	Ointment

Netherlands 5 single-source buyers

Importer	Current supplier	USD	Unit $	Dosage
IMRES BV	MEPRO PHARMACEUTICAL…	$7K	$0.211	Cream
THE MASTER OF SHELTER …	3CUBE MEDICARE PVT LTD	$8.059	$1.007	Cream
FUJI TRANSPORT SYSTEMS…	RUCHA ENTERPRISES	$4.238	$0.706	Cream
THE MASTER OF SEAWAYS …	3CUBE MEDICARE PVT LTD	$3.297	$0.550	Cream
THE MASTER OF EA NODDY	3CUBE MEDICARE PVT LTD	$3.235	$0.539	Cream

§6.3 Price positioning — top 25 importers

#	Importer	Country	USD	$/ship	Tier
1	PL DEVELOPMENTS	United States	$350K	$29K	Mid
2	BIOTECH LABORATORIES…	South Africa	$113K	$56K	Premium
3	H2-PHARMA LLC	United States	$76K	$25K	Mid
4	HELLMANN WORLDWIDE L…	New Zealand	$68K	$10K	Budget
5	AMETHYST CO LTD	Myanmar	$39K	$39K	Premium
6	MEDECINS SA	France	$38K	$38K	Premium
7	BREATHEFREE LANKA PV…	Sri Lanka	$36K	$18K	Mid
8	RAHUL PHARMA	Nepal	$30K	$8K	Budget
9	PHARMA ASSOCIATES	Sri Lanka	$24K	$12K	Budget
10	SHALINA HEALTHCARE (…	Kenya	$21K	$10K	Budget
11	IMPERIAL MEDICAL SOL…	United Arab Emirates	$20K	$10K	Budget
12	MERPROJE LOJISTIK UL…	Turkey	$19K	$9K	Budget
13	ZUELLIG PHARMA LTD	Hong Kong	$18K	$18K	Mid
14	TO THE ODER OF	Guyana	$18K	$18K	Mid
15	BLUBARCO FOR TRADING…	Jordan	$17K	$4K	Budget
16	ASTRA PHARMA (T) LTD	Tanzania	$17K	$3K	Budget
17	UNICEF BEIRUT	Lebanon	$16K	$16K	Mid
18	AFT PHARMACEUTICALS …	New Zealand	$15K	$15K	Mid
19	PHARMA VISION PTY LTD	Botswana	$10K	$5K	Budget
20	IDA TRADING MEA	United Arab Emirates	$10K	$10K	Budget
21	SAI PHARMACEUTICALS …	Kenya	$9K	$9K	Budget
22	E.P.DIS	France	$9K	$4K	Budget
23	CHAO SA	Nepal	$8K	$8K	Budget
24	PRINCE FARMA SA	Angola	$8K	$4K	Budget
25	SBR GROUP OF COMPANIES	Liberia	$8K	$8K	Budget

06

PART III — WHO’S IN THIS MARKET

Market Relationship Map

The top 20 × 20 supplier ↔ buyer network as a circular flow diagram

Fig 6.3 ENCUBE ETHICALS PVT LTD → PL DEVELOPMENTS is the strongest relationship.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Left semicircle = top 20 Indian suppliers; right = top 20 global buyers. Arc length = total USD; colored ribbons = individual relationships, thickness = USD value. Insight: follow the thickest ribbons to identify the dominant trading pairs.

07

PART IV — MARKET BEHAVIOR

Price Benchmarks & Analysis

How Indian miconazole prices vary by supplier, country and dosage form

KEY TAKEAWAY Miconazole prices span 26872× ($0.0014 → $36.93). The coefficient of variation is 2.45. Dosage form, not destination, is the primary price driver.

S FOR SUPPLIERS

Use the box plot to see where your product sits on the price spectrum. The tornado chart shows exactly where you sit relative to the market median.

B FOR BUYERS

Use this section to benchmark the price you pay against the market. The percentile strip tells you if your current supplier is charging you premium, mid-market or budget rates.

§7.1 Price distribution · Table 7.1

Statistic	Value	Interpretation
Min	$0.0014	Lowest observed unit price
P5	$0.022	5th percentile
P25	$0.221	25th percentile (Q1)
Median	$0.656	50th percentile (Q2)
P75	$1.27	75th percentile (Q3)
P95	$2.68	95th percentile
Max	$36.93	Highest observed unit price
Mean	$1.28	Arithmetic average
CV	245%	Coefficient of variation (std/mean)

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

Fig 7.1 UMENDRA EXPORTS PVT LTD prices at $17.96/unit vs market median $0.656.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each bar shows one supplier’s average unit price relative to the market median (dashed line). Red = above median (premium), green = below (budget).

COMMODITY KINGS

high volume · low unit price

Bulk API/tablet. Largest absolute USD despite lowest per-unit prices. e.g. CIPLA LTD Sourcing: best for cost-driven procurement.

BULK LEADERS

high volume · premium price

Branded-generic leaders, above-median pricing. e.g. ENCUBE ETHICALS PVT Sourcing: hardest to displace; compete on relationship.

LONG-TAIL

low volume · low unit price

Spot/opportunistic players. e.g. LESANTO EXPORTS LLP Sourcing: first to approach for new tenders.

PREMIUM NICHE

low volume · premium price

Sterile injectables and infusions. Hospital-grade. e.g. SANDOZ PVT LTD Sourcing: expect 10× price vs tablet.

07

PART IV — MARKET BEHAVIOR

Price Benchmarks & Analysis

Outlier forensics and the procurement cheat sheet — what to expect to pay by country × dosage

KEY TAKEAWAY Extreme prices are real: the highest are specialty/sterile formulations; the lowest are bulk API. The cheat sheet matrix is the take-home reference for procurement teams.

§7.2 Outlier forensics — top 10 highest and 10 lowest unit prices

↑ TOP 10 HIGHEST USD/UNIT

Date	Exporter	Country	Dosage	Qty	USD	$/unit	Why
Oct 2025	SYNCOM FORMULATI…	Cameroon	Cream	6	$388.67	$64.78	Specialty / small-batch
Oct 2025	CLEARSYNTH LABS …	Kuwait	Tablet	1	$39.27	$39.27	Specialty / small-batch
Oct 2025	UMENDRA EXPORTS …	United States	Cream	400	$15K	$37.36	Specialty / small-batch
Oct 2025	UMENDRA EXPORTS …	United States	Cream	492	$18K	$36.93	Specialty / small-batch
Oct 2025	MIHIKA PHARMACEU…	Sierra Leone	Suspension	216	$5K	$21.25	Specialty / small-batch
Oct 2025	UMENDRA EXPORTS …	United States	Cream	2K	$38K	$21.22	Specialty / small-batch
Oct 2025	UMENDRA EXPORTS …	United States	Cream	797	$17K	$20.92	Specialty / small-batch
Oct 2025	J B CHEMICALS AN…	South Africa	Cream	8K	$101K	$12.99	Specialty / small-batch
Dec 2025	UMENDRA EXPORTS …	United States	Powder	134	$2K	$11.95	Specialty / small-batch
Dec 2025	UMENDRA EXPORTS …	United States	Powder	415	$5K	$11.95	Specialty / small-batch

↓ TOP 10 LOWEST USD/UNIT

Date	Exporter	Country	Dosage	Qty	USD	$/unit	Why
Dec 2025	PUROBIEN LIFESCI…	France	Gel	11K	$15.39	$0.0014
Dec 2025	PUROBIEN LIFESCI…	France	Gel	12K	$20.12	$0.0017
Dec 2025	DERRIC WOOD	United Arab Emirates	Gel	18	$0.032	$0.0018	Small sample / trial shipment
Dec 2025	VEA IMPEX (I) PV…	Dominica	Cream	150	$0.270	$0.0018	Small sample / trial shipment
Dec 2025	FOURRTS (INDIA) …	Sudan	Cream	26K	$74.55	$0.0029
Dec 2025	NEW STAR ENTERPR…	Trinidad and Tobago	Cream	450	$1.74	$0.0039	Small sample / trial shipment
Dec 2025	S KANT HEALTHCAR…	Tanzania	Gel	29K	$132.35	$0.0046
Dec 2025	TULSI MEDICAL & …	Panama	Cream	6	$0.038	$0.0064	Small sample / trial shipment
Dec 2025	CENTAUR PHARMACE…	Tanzania	Gel	18K	$123.31	$0.0068
Dec 2025	RUCHA ENTERPRISES	Singapore	Cream	6	$0.046	$0.0077	Small sample / trial shipment

§7.3 Procurement cheat sheet — median USD/unit by country × dosage

Fig 7.2 Median unit price by country × dosage form — darker cells = higher prices.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each cell shows the median price per unit for that country-dosage combination. Dark blue = expensive, light = cheap. Blank cells = no shipments in that combination.

NEGOTIATION RANGE

Use each cell value as the anchor price. Typical dynamics:

Budget buyer: anchor − 10–15% (floor = cost + freight)
Mid-market: anchor ± 5–10%
Premium/tender: anchor + 10–25% (regulated, quality premium)
Injection/infusion: always 4–10× the tablet price

KEY TAKEAWAYS

Dosage form is the #1 price driver, not destination
Light cells = easy-entry markets for small suppliers
Dark cells = premium markets requiring regulatory investment

08

PART IV — MARKET BEHAVIOR

Shipping Ports & Trade Routes

Which Indian ports ship miconazole, which global ports receive it, and which corridors are high-value vs bulk

KEY TAKEAWAY Miconazole leaves India through 20+ ports. The top 5 (NHAVA SHEVA SEA (JNPT), MUNDRA SEA, AHMEDABAD ICD) handle 91.6% of total USD. SEA moves 31% of shipments.

S FOR SUPPLIERS

Use the dumbbell to classify your port as high-value hub or bulk workhorse. Note the short-sea routes — Bangladesh, Sri Lanka, Myanmar and East Africa are the easiest logistics corridors for first-time exporters.

B FOR BUYERS

Use the destination port ranking to find which Indian ports serve your market. The lead-time estimates tell you what transit time to expect.

Fig 8.1 NHAVA SHEVA SEA (JNPT) handles $1.1M — top 20 Indian origin ports by trade value.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each bar = one Indian port. Bar length = USD value. The largest ports handle the majority of trade.

Fig 8.2 Charleston is the #1 global destination port — top 25 by USD value.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each bar = one destination port worldwide. Bar length = USD value received from India.

§8.1 Reference transit times for key India → global corridors

Route	Mode	Transit time	Notes
NHAVA SHEVA SEA (JNPT) → US East Coast	Sea	22–28 days	Via Suez; 2–3 transshipments typical
NHAVA SHEVA SEA (JNPT) → Lagos (Nigeria)	Sea	18–24 days	Direct liner service available
MUMBAI AIR (SAHAR) → New York JFK	Air	3–5 days	Direct cargo; cold-chain available
MUNDRA SEA → Rotterdam	Sea	20–26 days	Via Suez; Hamburg also served
HYDERABAD AIR → London Heathrow	Air	2–4 days	Pharma-grade cargo corridor
CHENNAI SEA → Chittagong (Bangladesh)	Sea	7–12 days	Short-sea route; high frequency
RAXAUL → Birgunj (Nepal)	Road	1–2 days	Land border crossing
NHAVA SHEVA SEA (JNPT) → Mombasa (Kenya)	Sea	14–20 days	Direct or via Colombo hub

Table 8.1 — Reference times based on standard shipping corridors. Air = 2–5 days; sea = 7–28 days; road = 1–2 days. Add 3–7 days for customs clearance at destination.

08

PART IV — MARKET BEHAVIOR

Shipping Ports & Trade Routes

Trade corridors — origin port to mode of transport to destination region

KEY TAKEAWAY SEA dominates at 31% of shipments. The alluvial traces every dollar from Indian origin port through transport mode to destination region.

SEA

$1.3M

84.0% of USD · 31.3% of ships

ICD

$110K

7.4% of USD · 6.3% of ships

ROAD

$68K

4.6% of USD · 6.0% of ships

AIR

$61K

4.1% of USD · 56.3% of ships

Fig 8.3 The dominant corridor is NHAVA SHEVA SEA (JNPT) → Sea → N. America ($427K).

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Left = Indian origin ports. Middle = transport mode. Right = destination region. Ribbon thickness = USD value; color = mode. Follow the thickest ribbons to find the highest-value corridors.

09

PART V — ACTION

Strategic Opportunities & Action Plan

Market concentration, supply-chain risk, and the dependency patterns that signal where to act

KEY TAKEAWAY Germany is the most concentrated destination (HHI 10000, 1 suppliers). Seychelles is the most competitive (HHI 2011).

S FOR SUPPLIERS

The HHI barbell shows where competitors have locked up a market (concentrated = poaching opportunity) vs where you must compete on quality (fragmented). The slope chart reveals who is gaining ground.

B FOR BUYERS

The HHI barbell tells you whether your country has enough supplier options. If concentrated (red zone), you have fewer alternatives.

Fig 9.1 Germany (HHI 10,000) is the most concentrated — Seychelles (HHI 2,011) is the most competitive.

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

What is HHI? The Herfindahl-Hirschman Index measures how concentrated a market is among its suppliers. It ranges from 0 to 10,000. Below 1,500 (green zone) = many suppliers compete openly — healthy, competitive market with low risk. 1,500–2,500 (yellow zone) = a few suppliers hold significant share — moderate concentration. Above 2,500 (red zone) = one or two suppliers dominate the market — high risk for buyers who may lose supply, and hard to break into for new suppliers. Conclusion: 19 of 20 destination markets are concentrated (red zone). 0 are competitive (green zone). Buyers in red-zone markets should urgently qualify a second Indian supplier to reduce dependency risk.

§9.1 Single-source dependencies

Buyer	Country	Sole supplier	USD	Ships	Risk
PL DEVELOPMENTS	United States	ENCUBE ETHICALS …	$350K	12	HIGH
BIOTECH LABORATORIES…	South Africa	J B CHEMICALS AN…	$113K	2	HIGH
H2-PHARMA LLC	United States	ENCUBE ETHICALS …	$76K	3	MEDIUM
HELLMANN WORLDWIDE L…	New Zealand	CIPLA LTD	$68K	7	MEDIUM
AMETHYST CO LTD	Myanmar	LESANTO EXPORTS …	$39K	1	MEDIUM
MEDECINS SA	France	GALENTIC PHARMA …	$38K	1	MEDIUM
BREATHEFREE LANKA PV…	Sri Lanka	CIPLA LTD	$36K	2	MEDIUM
RAHUL PHARMA	Nepal	MICRO LABS LTD	$30K	4	MEDIUM

Conclusion: 113 buyers depend on exactly one Indian supplier, representing $1.1M in trade. For suppliers: each row is a competitor’s locked-in customer you can target.

§9.2 Multi-source resilience

Buyer	Country	Suppliers	USD	Dominant	Resilience

Conclusion: 0 of these buyers have HIGH resilience (3+ active suppliers). These are the hardest accounts to win but safest partners for long-term contracts.

09

PART V — ACTION

Strategic Opportunities & Action Plan

Market entry playbook and risk landscape by destination country

KEY TAKEAWAY 15 target markets with specific entry approaches. Large suppliers: focus on regulated Tier 1 markets. Small/mid-size: start with Tier 2–3 (low barrier, growing demand).

§9.3 Sourcing recommendations · Table 9.1

Country	Tier	Lead	Price	Risk	Entry approach
United States	Tier 3 (emerging)	3–5 days (air)	$1–$10/unit	LOW	First-mover advantage
South Africa	Tier 3 (emerging)	3–5 days (air)	$1–$10/unit	LOW	First-mover advantage
Sri Lanka	Tier 3 (emerging)	14–28 days (sea)	$0.10–$1/unit	LOW	First-mover advantage
New Zealand	Tier 3 (emerging)	14–28 days (sea)	$0.10–$1/unit	LOW	First-mover advantage
France	Tier 3 (emerging)	3–5 days (air)	$0.10–$1/unit	LOW	First-mover advantage
Nepal	Tier 3 (emerging)	14–28 days (sea)	$1–$10/unit	LOW	First-mover advantage
Myanmar	Tier 3 (emerging)	3–5 days (air)	$0.10–$1/unit	LOW	First-mover advantage
Philippines	Tier 3 (emerging)	3–5 days (air)	$0.10–$1/unit	LOW	First-mover advantage
Tanzania	Tier 3 (emerging)	14–28 days (sea)	$0.10–$1/unit	LOW	First-mover advantage
Kenya	Tier 3 (emerging)	14–28 days (sea)	$0.10–$1/unit	LOW	First-mover advantage
United Arab Emirates	Tier 3 (emerging)	3–5 days (air)	$0.10–$1/unit	LOW	First-mover advantage
Tajikistan	Tier 3 (emerging)	14–28 days (sea)	$0.10–$1/unit	LOW	First-mover advantage
Guyana	Tier 3 (emerging)	3–5 days (air)	$1–$10/unit	LOW	First-mover advantage
Turkey	Tier 3 (emerging)	3–5 days (air)	$0.10–$1/unit	LOW	First-mover advantage
Hong Kong	Tier 3 (emerging)	14–28 days (sea)	$1–$10/unit	LOW	First-mover advantage

For suppliers: Tier 1 markets (US, UK, France) require regulatory investment but offer premium pricing. Tier 3 markets (emerging) have low barriers — ideal for first-time exporters. For buyers: Use the price band and lead time to benchmark your current supplier’s terms.

Fig 9.2 0 markets in the Growth Opportunity zone (competitive + growing). 11 in Fragile Dependency (concentrated + shrinking).

Source: TransData Nexus Pharma Trade Intelligence · Licensed database & govt sources

How to read: Each bubble = one destination. X-axis = HHI (concentration). Y-axis = growth %. Bubble size = USD. Green zone (top-left) = Growth Opportunity — competitive markets that are growing, best for new entrants. Red zone (bottom-right) = Fragile Dependency — concentrated + shrinking, high supply-chain risk. Conclusion: Key markets are the top growth opportunities.

09

PART V — ACTION

Action Plan & Easy-Entry Markets

12 prioritised actions + 15 low-competition destination countries for small & mid-size suppliers

KEY TAKEAWAY Quick Wins: execute this quarter. Big Bets: plan for next 6–12 months. Plus 15 countries with ≤5 Indian suppliers — the best entry points for SMEs.

S

FOR SUPPLIERS

ID	Action	Timing	Impact
A1	Pitch top single-source buyer in United States	This Q	HIGH
A2	Offer alternative to top multi-source buyer	This Q	HIGH
A3	Audit Germany lock-ins (HHI 10000)	This Q	MED
A5	Enter United Arab Emirates (4 suppliers)	This Q	HIGH
A6	Enter United States (5 suppliers)	This Q	MED
A8	Build South Africa distribution	6–12m	HIGH
A9	Bundle injection/infusion catalog for premium markets	6–12m	MED

B

FOR BUYERS

ID	Action	Timing	Impact
A4	Monitor rising exporters (climbers)	This Q	MED
A7	Register for United States tenders	6–12m	HIGH
A10	Track quarterly HHI shifts across key destinations	This Q	LOW
A11	Map competitor buyer portfolios quarterly	This Q	MED
A12	Qualify second source for single-source buyers	This Q	MED

§9.4 Easy-entry markets — 15 countries with ≤5 Indian suppliers

#	Country	Region	Suppliers	Q4 USD	Growth	Barrier	Why this is easy
1	United Arab Emirates	Other	4	$31K	+69928.4%	LOW	Growing 69928% with only 4 competitors
2	United States	Other	5	$527K	-53.9%	LOW	Low competition (5 suppliers), accessible market
3	South Africa	Africa	4	$196K	-100%	LOW	Low competition (4 suppliers), accessible market
4	Sri Lanka	Asia	4	$96K	+50.7%	LOW	Growing 51% with only 4 competitors
5	New Zealand	Other	2	$84K	-61.1%	LOW	Only 2 Indian suppliers — near-monopoly, easy second-source entry
6	France	Other	4	$52K	-88.5%	LOW	Low competition (4 suppliers), accessible market
7	Myanmar	Asia	2	$47K	-81%	LOW	Only 2 Indian suppliers — near-monopoly, easy second-source entry
8	Philippines	Asia	2	$46K	0%	LOW	Only 2 Indian suppliers — near-monopoly, easy second-source entry
9	Tanzania	Africa	5	$42K	-98%	LOW	Low competition (5 suppliers), accessible market
10	Kenya	Africa	5	$40K	-47.1%	LOW	Low competition (5 suppliers), accessible market
11	Tajikistan	Asia	2	$28K	-100%	LOW	Only 2 Indian suppliers — near-monopoly, easy second-source entry
12	Guyana	Other	1	$24K	-100%	LOW	Only 1 Indian suppliers — near-monopoly, easy second-source entry
13	Turkey	Other	3	$19K	0%	LOW	Low competition (3 suppliers), accessible market
14	Hong Kong	Asia	1	$18K	0%	LOW	Only 1 Indian suppliers — near-monopoly, easy second-source entry
15	Burkina Faso	Africa	2	$17K	-100%	LOW	Only 2 Indian suppliers — near-monopoly, easy second-source entry

This report covers 348 2025-Q4 Miconazole shipments. TransData Nexus tracks 3.37M+ shipments across all pharmaceuticals since 2020. → transdatanexus.com/pharmaceutical/miconazole

10

PART VI — EVIDENCE REGISTER

Comprehensive Shipment Records by Region

Authoritative source behind all analytics in this report — every shipment appears exactly once

KEY TAKEAWAY This section contains every one of the 348 2025-Q4 miconazole shipments, organised by Region → Exporter → Shipment rows. No row is duplicated.

S FOR SUPPLIERS

Jump to any destination country to see exactly who your competitors ship to, what they charge, through which port, and how often.

B FOR BUYERS

Jump to your country to see every Indian miconazole shipment that arrived in 2025-Q4: supplier, price, dosage, port.

§10.1 Global totals

SHIPMENTS

348

across all regions

TOTAL USD

$1.49M

2025-Q4 FOB value

UNITS

3.2M

tablets, capsules, etc.

SUPPLIERS

93

Indian exporters

BUYERS

115

global importers

COUNTRIES

68

destinations

§10.2 Regional breakdown

Africa

$383K

25.7%

23 ctry · 90 ships

Asia

$407K

27.3%

22 ctry · 131 ships

Europe

$59K

4.0%

9 ctry · 46 ships

Americas

$558K

37.4%

10 ctry · 64 ships

Oceania

$84K

5.6%

4 ctry · 17 ships

§10.3 Key insights from the data

🌍

Africa is the largest region at $383K (25.7%), spanning 23 countries.

🏢

93 Indian suppliers shipped to 115 buyers across 68 countries — average shipment value $4K.

📄

Top 0 markets: .

🔍

Every row below is real customs data — date, importer, dosage, brand, quantity, unit price, total USD, origin port, destination port, and transport mode.

§10.4 How to read a country page

1

6 KPI cards — shipments, USD, qty, exporters, importers, avg unit price.

2

4 mini-lists — top exporters, importers, dosages, monthly trend.

3

Shipment register — every row grouped by exporter. No row is duplicated or omitted.

10

PART VI — DRILL-DOWN · AFRICA

Region: Africa

23 countries · 90 shipments · $383K · 45 Indian suppliers · 37 buyers

SHIPMENTS

90

USD

$383K

COUNTRIES

23

SUPPLIERS

45

BUYERS

37

HHI

1,892

moderate

Top 23 destination countries in Africa

1

South Africa (51.2%)

$196K

2

Tanzania (10.8%)

$42K

3

Kenya (10.3%)

$40K

4

Burkina Faso (4.5%)

$17K

5

Ghana (3.7%)

$14K

6

Senegal (3.4%)

$13K

7

Cameroon (3.2%)

$12K

8

Liberia (2.9%)

$11K

9

Botswana (2.7%)

$10K

10

Angola (2.2%)

$8K

11

Rwanda (1.7%)

$7K

12

Sierra Leone (1.6%)

$6K

13

Somalia (0.7%)

$3K

14

Equatorial Guinea (0.4%)

$2K

15

Nigeria (0.4%)

$2K

16

Seychelles (0.1%)

$292.87

17

Lesotho (0.1%)

$255.65

18

Chad (0.1%)

$204.80

19

Sudan (0.0%)

$74.55

20

Togo (0.0%)

$45.57

21

DR Congo (0.0%)

$17.97

22

Egypt (0.0%)

$5.95

23

Cote d'Ivoire (0.0%)

$5.09

Top 30 Indian suppliers into Africa

1

S KANT HEALTHCARE LTD

$115K

2

J B CHEMICALS AND PHARMACEUTICALS LTD

$113K

3

CENTAUR PHARMACEUTICALS PVT LTD

$26K

4

SHALINA LABORATORIES PVT LTD

$24K

5

MEDICO REMEDIES LTD

$12K

6

KAISER EXPORTS

$12K

7

GLENMARK PHARMACEUTICALS LTD

$10K

8

V 2 IMPEX

$8K

9

BHUMI PHARMACEUTICALS

$8K

10

CURETECH SKINCARE

$7K

11

EVEREST HEALTH CARE

$7K

12

ANCALIMA LIFESCIENCES LTD

$6K

13

JMB PHARMACEUTICALS PVT LTD

$6K

14

MIHIKA PHARMACEUTICALS

$5K

15

AGOG PHARMA LTD

$4K

16

YASHWIN HEALTH CARE

$3K

17

RONAK EXIM PVT LTD

$3K

18

SANJEEVANI BIO-TECH EXIM PVT LTD

$3K

19

S K AGE EXPORTS

$2K

20

KIAANZ BIOTECH

$2K

21

AURA PHARMACEUTICALS PVT LTD

$2K

22

SONIA LABORATORY PVT LTD

$2K

23

SIXER TRADING PVT LTD

$2K

24

FOURRTS (INDIA) LABORATORIES PVT LTD

$1K

25

MANEESH PHARMACEUTICALS LTD

$1K

26

LAVITA PHARMA PVT LTD

$1K

27

SYNCOM FORMULATIONS (INDIA) LTD

$388.67

28

GARY PHARMACEUTICALS PVT LTD

$264.97

29

NUMED PHARMA DISTRIBUTOR

$255.65

30

AKASH PHARMA EXPORTS

$204.80

Top 30 Africa importers

1

BIOTECH LABORATORIES (PTY) LTDDELIV · South Africa

$113K

2

SHALINA HEALTHCARE (K) LTDSHALINA H · Kenya

$21K

3

ASTRA PHARMA (T) LTD · Tanzania

$17K

4

PHARMA VISION PTY LTD · Botswana

$10K

5

SAI PHARMACEUTICALS KENYA LTD · Kenya

$9K

6

PRINCE FARMA SA · Angola

$8K

7

SBR GROUP OF COMPANIES · Liberia

$8K

8

SUN ENTERPRISES LTDOGALI,KJYOVU NYA · Rwanda

$7K

9

SOCIETE PHARMACEUTIQUE · Cameroon

$6K

10

TUSHU PHARMA SARL · Senegal

$6K

11

UNICHEM (GHANA) LTD · Ghana

$6K

12

PMSS LTD · Kenya

$4K

13

GOLDEN PHARMA LTD · Kenya

$3K

14

RELIEF PHARMA SARL · Cameroon

$3K

15

SHALINA HEALTHCARE SARL · Tanzania

$3K

16

SWISSTA PHARMACEUTICALS LTD · Kenya

$3K

17

FATIMA HEALTHCARE LTD · Tanzania

$3K

18

ROXIN GHANA LTD · Ghana

$3K

19

ROSHANE PHARMA SARL · Tanzania

$2K

20

SVPP SARL · Senegal

$2K

21

SAILPOINT INTEGRATED · Nigeria

$1K

22

SPC(SOCIETE PHARMACEUTIQUE DU · Cameroon

$1K

23

MAFF NIGERIA LTD · Nigeria

$264.97

24

LIFELINE PHARMACEUTICALS OF · Lesotho

$255.65

25

AMDJERAS FIELD HOSPITAL · Chad

$204.80

26

PRISM INTERNATIONAL LLC · Seychelles

$75.92

27

HALAPHARMA FOR DRUGS · Sudan

$74.55

28

DRRAJA POLYCLINIC (LICENCE NUMBER · Seychelles

$55.93

29

TO THE INVOICE RAISED TO MANGER OF · Seychelles

$49.77

30

YEEMAS PHARMACEUTICALS AND · Nigeria

$38.54

Top 10 dosage forms

1

Cream

$211K

2

Ointment

$135K

3

Gel

$13K

4

vaginal cream

$12K

5

Suspension

$5K

6

Unknown

$4K

7

Tablet

$2K

8

vaginal tablet

$1K

9

Powder

$55.93

10

Vial

$33.48

Monthly trend

Month	Ships	USD	Avg/ship
Oct	30	$212K	$7K
Nov	40	$156K	$4K
Dec	20	$15K	$756.24

Shipment register · 90 rows · grouped by exporter

#	Date	Importer	Country	Dosage	Qty	Unit	Unit $	Total $	Origin	Dest	Mode
SUPPLIER #1 — S KANT HEALTHCARE LTD · 4 shipments · $115K
1	Oct 2025	UNLISTED BUYER	Burkina Faso	Cream	98.3K	NOS	$0.176	$17K	NHAVA SHEVA SEA (JNPT)	Abidjan	SEA
2	Nov 2025	UNLISTED BUYER	Tanzania	Ointment	34.1K	NOS	$0.399	$14K	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
3	Nov 2025	UNLISTED BUYER	South Africa	Ointment	38.7K	NOS	$2.16	$84K	NHAVA SHEVA SEA (JNPT)	Durban	SEA
4	Dec 2025	UNLISTED BUYER	Tanzania	Gel	29.1K	NOS	$0.0046	$132.35	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
SUPPLIER #2 — J B CHEMICALS AND PHARMACEUTICALS LTD · 2 shipments · $113K
5	Oct 2025	BIOTECH LABORATORIES (PTY) LTDDELIV	South Africa	vaginal cream	32.8K	NOS	$0.362	$12K	NHAVA SHEVA SEA (JNPT)	Durban	SEA
6	Oct 2025	BIOTECH LABORATORIES (PTY) LTDDELIV	South Africa	Cream	7.8K	NOS	$12.99	$101K	NHAVA SHEVA SEA (JNPT)	Durban	SEA
SUPPLIER #3 — CENTAUR PHARMACEUTICALS PVT LTD · 7 shipments · $26K
7	Oct 2025	ASTRA PHARMA (T) LTD	Tanzania	Cream	1	NOS	$0.0000	$0.0000	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
8	Oct 2025	ASTRA PHARMA (T) LTD	Tanzania	Cream	17.0K	NOS	$0.991	$17K	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
9	Dec 2025	SAI PHARMACEUTICALS KENYA LTD	Kenya	Gel	9.8K	NOS	$0.922	$9K	NHAVA SHEVA SEA (JNPT)	Mombasa	SEA
10	Dec 2025	ASTRA PHARMA (T) LTD	Tanzania	Cream	13.5K	NOS	$0.011	$153.25	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
11	Dec 2025	ASTRA PHARMA (T) LTD	Tanzania	Cream	1	NOS	$0.0000	$0.0000	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
12	Dec 2025	ASTRA PHARMA (T) LTD	Tanzania	Gel	18.0K	NOS	$0.0068	$123.31	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
13	Dec 2025	ASTRA PHARMA (T) LTD	Tanzania	Gel	1	NOS	$0.0000	$0.0000	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
SUPPLIER #4 — SHALINA LABORATORIES PVT LTD · 4 shipments · $24K
14	Oct 2025	SHALINA HEALTHCARE SARL	Tanzania	vaginal tablet	15.8K	NOS	$0.092	$1K	NHAVA SHEVA SEA (JNPT)	Goma	SEA
15	Oct 2025	SHALINA HEALTHCARE (K) LTDSHALINA H	Kenya	Ointment	78.6K	NOS	$0.131	$10K	NHAVA SHEVA SEA (JNPT)	Nairobi	SEA
16	Oct 2025	SHALINA HEALTHCARE (K) LTDSHALINA H	Kenya	Ointment	78.6K	NOS	$0.131	$10K	NHAVA SHEVA SEA (JNPT)	Nairobi	SEA
17	Nov 2025	SHALINA HEALTHCARE SARL	Tanzania	Tablet	18.3K	NOS	$0.093	$2K	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
SUPPLIER #5 — MEDICO REMEDIES LTD · 3 shipments · $12K
18	Nov 2025	TUSHU PHARMA SARL	Senegal	Cream	67.2K	NOS	$0.086	$6K	NHAVA SHEVA SEA (JNPT)	Dakar	SEA
19	Nov 2025	UNKNOWN BUYER	Senegal	Cream	67.2K	NOS	$0.086	$6K	NHAVA SHEVA SEA (JNPT)	Dakar	SEA
20	Dec 2025	TUSHU PHARMA SARL	Senegal	Cream	22.8K	NOS	$0.0010	$22.47	NHAVA SHEVA SEA (JNPT)	Dakar	SEA
SUPPLIER #6 — KAISER EXPORTS · 2 shipments · $12K
21	Nov 2025	UNICHEM (GHANA) LTD	Ghana	Cream	29.6K	NOS	$0.195	$6K	NHAVA SHEVA SEA (JNPT)	Tema	SEA
22	Nov 2025	UNKNOWN BUYER	Ghana	Cream	29.6K	NOS	$0.195	$6K	NHAVA SHEVA SEA (JNPT)	Tema	SEA
SUPPLIER #7 — GLENMARK PHARMACEUTICALS LTD · 2 shipments · $10K
23	Nov 2025	PHARMA VISION PTY LTD	Botswana	Ointment	5.2K	NOS	$1.98	$10K	NHAVA SHEVA SEA (JNPT)	Gaborone	SEA
24	Nov 2025	PHARMA VISION PTY LTD	Botswana	Ointment	520	NOS	$0.0001	$0.050	NHAVA SHEVA SEA (JNPT)	Gaborone	SEA
SUPPLIER #8 — V 2 IMPEX · 2 shipments · $8K
25	Oct 2025	PRINCE FARMA SA	Angola		18.9K	NOS	$0.226	$4K	AHMEDABAD ICD	LUANDA	ICD
26	Nov 2025	PRINCE FARMA SA	Angola	Cream	18.7K	NOS	$0.219	$4K	AHMEDABAD ICD	LUANDA	ICD
SUPPLIER #9 — BHUMI PHARMACEUTICALS · 1 shipments · $8K
27	Oct 2025	SBR GROUP OF COMPANIES	Liberia	Cream	3.0K	NOS	$2.65	$8K	AHMEDABAD ICD	MONROVIA	ICD
SUPPLIER #10 — CURETECH SKINCARE · 1 shipments · $7K
28	Oct 2025	SUN ENTERPRISES LTDOGALI,KJYOVU NYA	Rwanda	Ointment	23.4K	NOS	$0.281	$7K	NHAVA SHEVA SEA (JNPT)	Kigali	SEA
SUPPLIER #11 — EVEREST HEALTH CARE · 2 shipments · $7K
29	Nov 2025	RELIEF PHARMA SARL	Cameroon	Cream	20.4K	NOS	$0.159	$3K	AHMEDABAD ICD	DOUALA	ICD
30	Dec 2025	GOLDEN PHARMA LTD	Kenya	Cream	25.4K	NOS	$0.129	$3K	AHMEDABAD ICD	MOMBASA	ICD
SUPPLIER #12 — ANCALIMA LIFESCIENCES LTD · 1 shipments · $6K
31	Oct 2025	SOCIETE PHARMACEUTIQUE	Cameroon	Cream	40.4K	PCS	$0.159	$6K	SONEPAT ICD	CMDLA	ICD
SUPPLIER #13 — JMB PHARMACEUTICALS PVT LTD · 2 shipments · $6K
32	Nov 2025	FATIMA HEALTHCARE LTD	Tanzania	Cream	20.3K	NOS	$0.136	$3K	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
33	Nov 2025	UNKNOWN BUYER	Tanzania	Cream	20.3K	NOS	$0.136	$3K	NHAVA SHEVA SEA (JNPT)	Dar Es Salaam	SEA
SUPPLIER #14 — MIHIKA PHARMACEUTICALS · 1 shipments · $5K
34	Oct 2025	UNLISTED BUYER	Sierra Leone	Suspension	216	NOS	$21.25	$5K	NHAVA SHEVA SEA (JNPT)	Freetown	SEA
SUPPLIER #15 — AGOG PHARMA LTD · 1 shipments · $4K
35	Nov 2025	PMSS LTD	Kenya	Cream	15.0K	NOS	$0.265	$4K	NHAVA SHEVA SEA (JNPT)	Mombasa	SEA
SUPPLIER #16 — YASHWIN HEALTH CARE · 1 shipments · $3K
36	Oct 2025	SWISSTA PHARMACEUTICALS LTD	Kenya	Cream	24.5K	NOS	$0.114	$3K	SONEPAT ICD	KEMBA	ICD
SUPPLIER #17 — RONAK EXIM PVT LTD · 1 shipments · $3K
37	Nov 2025	ROXIN GHANA LTD	Ghana	Cream	24.4K	NOS	$0.112	$3K	MUNDRA SEA	Tema	SEA
SUPPLIER #18 — SANJEEVANI BIO-TECH EXIM PVT LTD · 2 shipments · $3K
38	Oct 2025	UNLISTED BUYER	Somalia	Gel	10.0K	NOS	$0.172	$2K	AHMEDABAD ICD	MOGADISHU	ICD
39	Dec 2025	UNLISTED BUYER	Somalia	Gel	5.0K	NOS	$0.168	$838.69	AHMEDABAD ICD	BERBERA	ICD
SUPPLIER #19 — S K AGE EXPORTS · 1 shipments · $2K
40	Oct 2025	UNLISTED BUYER	Liberia	Cream	9.8K	NOS	$0.248	$2K	NHAVA SHEVA SEA (JNPT)	Monrovia	SEA
SUPPLIER #20 — KIAANZ BIOTECH · 1 shipments · $2K
41	Oct 2025	ROSHANE PHARMA SARL	Tanzania	Cream	9.1K	NOS	$0.217	$2K	NHAVA SHEVA SEA (JNPT)	Lubumbashi	SEA
SUPPLIER #21 — AURA PHARMACEUTICALS PVT LTD · 2 shipments · $2K
42	Oct 2025	UNLISTED BUYER	Sierra Leone	Cream	6.9K	NOS	$0.198	$1K	NHAVA SHEVA SEA (JNPT)	Freetown	SEA
43	Nov 2025	UNKNOWN BUYER	Liberia	Cream	3.0K	NOS	$0.191	$566.49	NHAVA SHEVA SEA (JNPT)	Monrovia	SEA
SUPPLIER #22 — SONIA LABORATORY PVT LTD · 2 shipments · $2K
44	Oct 2025	UNLISTED BUYER	Equatorial Guinea	Cream	9.6K	NOS	$0.165	$2K	NHAVA SHEVA SEA (JNPT)	Bissau	SEA
45	Oct 2025	UNLISTED BUYER	Equatorial Guinea	Cream	150	NOS	$0.165	$24.79	NHAVA SHEVA SEA (JNPT)	Bissau	SEA
SUPPLIER #23 — SIXER TRADING PVT LTD · 1 shipments · $2K
46	Nov 2025	SVPP SARL	Senegal	Cream	9.9K	NOS	$0.158	$2K	NHAVA SHEVA SEA (JNPT)	Dakar	SEA
SUPPLIER #24 — FOURRTS (INDIA) LABORATORIES PVT LTD · 4 shipments · $1K
47	Nov 2025	SPC(SOCIETE PHARMACEUTIQUE DU	Cameroon	Cream	1.8K	NOS	$0.333	$586.59	KATTUPALLI PORT SEA	Douala	SEA
48	Nov 2025	SPC(SOCIETE PHARMACEUTIQUE DU	Cameroon	Cream	1.8K	NOS	$0.333	$586.59	KATTUPALLI PORT SEA	Douala	SEA
49	Dec 2025	HALAPHARMA FOR DRUGS	Sudan	Cream	25.8K	NOS	$0.0000	$0.0000	CHENNAI SEA	Port Sudan	AIR
50	Dec 2025	HALAPHARMA FOR DRUGS	Sudan	Cream	25.8K	NOS	$0.0029	$74.55	CHENNAI SEA	Port Sudan	SEA
SUPPLIER #25 — MANEESH PHARMACEUTICALS LTD · 1 shipments · $1K
51	Oct 2025	SAILPOINT INTEGRATED	Nigeria	Gel	600	NOS	$2.00	$1K	NHAVA SHEVA SEA (JNPT)	Apapa	SEA
SUPPLIER #26 — LAVITA PHARMA PVT LTD · 2 shipments · $1K
52	Dec 2025	UNLISTED BUYER	Cameroon	Cream	3.0K	NOS	$0.378	$1K	AHMEDABAD ICD	DOUALA	ICD
53	Dec 2025	UNLISTED BUYER	Cameroon	Cream	123	NOS	$0.0001	$0.014	AHMEDABAD ICD	DOUALA	ICD
SUPPLIER #27 — SYNCOM FORMULATIONS (INDIA) LTD · 1 shipments · $388.67
54	Oct 2025	UNLISTED BUYER	Cameroon	Cream	6	NOS	$64.78	$388.67	PITHAMPUR ICD	DOUALA	ICD
SUPPLIER #28 — GARY PHARMACEUTICALS PVT LTD · 1 shipments · $264.97
55	Dec 2025	MAFF NIGERIA LTD	Nigeria	Cream	480	NOS	$0.552	$264.97	DELHI AIR	LAGOS	AIR
SUPPLIER #29 — NUMED PHARMA DISTRIBUTOR · 6 shipments · $255.65
56	Nov 2025	LIFELINE PHARMACEUTICALS OF	Lesotho	Cream	240	NOS	$0.449	$107.82	NHAVA SHEVA SEA (JNPT)	Durban	SEA
57	Nov 2025	LIFELINE PHARMACEUTICALS OF	Lesotho	Cream	240	NOS	$0.0000	$0.0000	NHAVA SHEVA SEA (JNPT)	Durban	SEA
58	Nov 2025	LIFELINE PHARMACEUTICALS OF	Lesotho	Cream	100	NOS	$0.0000	$0.0000	NHAVA SHEVA SEA (JNPT)	Durban	SEA
59	Nov 2025	LIFELINE PHARMACEUTICALS OF	Lesotho	Cream	100	NOS	$0.0000	$0.0000	NHAVA SHEVA SEA (JNPT)	Durban	SEA
60	Nov 2025	LIFELINE PHARMACEUTICALS OF	Lesotho	Cream	240	NOS	$0.449	$107.88	NHAVA SHEVA SEA (JNPT)	Durban	SEA
61	Nov 2025	LIFELINE PHARMACEUTICALS OF	Lesotho	Cream	100	NOS	$0.400	$39.96	NHAVA SHEVA SEA (JNPT)	Durban	SEA
SUPPLIER #30 — AKASH PHARMA EXPORTS · 1 shipments · $204.80
62	Oct 2025	AMDJERAS FIELD HOSPITAL	Chad	Cream	200	NOS	$1.02	$204.80	COCHIN SEA	N'DJAMENA	AIR
SUPPLIER #31 — SANSKRUTI PHARMA · 3 shipments · $86.78
63	Nov 2025	UNLISTED BUYER	Burkina Faso	Ointment	60	PCS	$0.495	$29.69	MUMBAI AIR (SAHAR)	OUAGADOUGOU	AIR
64	Nov 2025	UNLISTED BUYER	Burkina Faso	Ointment	60	PCS	$0.476	$28.55	MUMBAI AIR (SAHAR)	OUAGADOUGOU	AIR
65	Nov 2025	UNKNOWN BUYER	Burkina Faso	Ointment	60	PCS	$0.476	$28.55	MUMBAI AIR (SAHAR)	OUAGADOUGOU	AIR
SUPPLIER #32 — RUCHA ENTERPRISES · 8 shipments · $83.38
66	Nov 2025	UNLISTED BUYER	Egypt	Cream	9	NOS	$0.662	$5.95	MUMBAI AIR (SAHAR)	CAIRO	AIR
67	Nov 2025	UNLISTED BUYER	Togo	Cream	40	NOS	$0.772	$30.90	MUMBAI AIR (SAHAR)	LOME	AIR
68	Nov 2025	UNLISTED BUYER	Togo	Cream	7	NOS	$0.772	$5.41	MUMBAI AIR (SAHAR)	LOME	AIR
69	Nov 2025	UNLISTED BUYER	Togo	Cream	12	NOS	$0.772	$9.27	MUMBAI AIR (SAHAR)	LOME	AIR
70	Nov 2025	THE OWNERS / MASTER OF MT. SAN BART	Senegal	Cream	12	NOS	$0.824	$9.89	MUMBAI AIR (SAHAR)	DAKAR	AIR
71	Nov 2025	THE OWNERS / MASTER OF MT. SAN BART	Senegal	Cream	12	NOS	$0.764	$9.16	MUMBAI AIR (SAHAR)	DAKAR	AIR
72	Nov 2025	THE OWNERS / MASTER OF MT. SAN BART	Senegal	Cream	12	NOS	$0.818	$9.82	MUMBAI AIR (SAHAR)	DAKAR	AIR
73	Dec 2025	UNLISTED BUYER	South Africa	Cream	4	NOS	$0.743	$2.97	MUMBAI AIR (SAHAR)	DURBAN	AIR
SUPPLIER #33 — MEDMALL PHARMACY PVT LTD · 1 shipments · $75.92
74	Oct 2025	PRISM INTERNATIONAL LLC	Seychelles	Ointment	72	NOS	$1.05	$75.92	HYDERABAD AIR	MAHE ISLAND	AIR
SUPPLIER #34 — CHOUDHARI IMPEX · 2 shipments · $60.40
75	Oct 2025	UNLISTED BUYER	Seychelles	Cream	20	NOS	$1.51	$30.27	CHENNAI AIR	MAHE ISLAND	AIR
76	Oct 2025	UNLISTED BUYER	Seychelles	Cream	20	NOS	$1.51	$30.12	CHENNAI AIR	MAHE ISLAND	AIR
SUPPLIER #35 — TRIWELT EXPORTS · 1 shipments · $55.93
77	Nov 2025	DRRAJA POLYCLINIC (LICENCE NUMBER	Seychelles	Powder	48	NOS	$1.17	$55.93	CHENNAI AIR	MAHE ISLAND	AIR
SUPPLIER #36 — DRIVECURE HEALTHCARE PVT LTD · 1 shipments · $49.77
78	Nov 2025	TO THE INVOICE RAISED TO MANGER OF	Seychelles	Cream	30	NOS	$1.66	$49.77	MUMBAI AIR (SAHAR)	MAHE ISLAND	AIR
SUPPLIER #37 — CAPSTONE EXPORT & IMPORT · 2 shipments · $47.13
79	Oct 2025	UNLISTED BUYER	Seychelles	Vial	25	NOS	$1.34	$33.48	CHENNAI AIR	MAHE ISLAND	AIR
80	Oct 2025	UNLISTED BUYER	Seychelles	Cream	25	NOS	$0.546	$13.65	CHENNAI AIR	MAHE ISLAND	AIR
SUPPLIER #38 — CORDIAL PHARMACY · 1 shipments · $38.54
81	Dec 2025	YEEMAS PHARMACEUTICALS AND	Nigeria	Ointment	20	NOS	$1.93	$38.54	DELHI AIR	ABUJA	AIR
SUPPLIER #39 — RAFAIS · 2 shipments · $18.84
82	Oct 2025	NASHAAD PHARMA & SURGICAL	Somalia	Cream	80	NOS	$0.107	$8.54	AHMEDABAD AIR	HARGEISA	AIR
83	Oct 2025	NASHAAD PHARMA & SURGICAL	Somalia	Cream	80	NOS	$0.129	$10.30	AHMEDABAD AIR	HARGEISA	AIR
SUPPLIER #40 — RUSHI MARKETING · 1 shipments · $17.97
84	Nov 2025	BAPA KAZADI	DR Congo	Cream	75	NOS	$0.240	$17.97	AHMEDABAD AIR	KINSHASA	AIR
SUPPLIER #41 — DEN MARK PHARMACEUTICALS PVT LTD · 1 shipments · $8.78
85	Nov 2025	UNLISTED BUYER	Somalia	resuspension	100	PCS	$0.088	$8.78	NHAVA SHEVA SEA (JNPT)	Mogadishu	SEA
SUPPLIER #42 — TULSI MEDICAL & GENERAL STORES · 1 shipments · $5.09
86	Dec 2025	UNLISTED BUYER	Cote d'Ivoire	Cream	10	NOS	$0.509	$5.09	MUMBAI AIR (SAHAR)	ABIDJAN	AIR
SUPPLIER #43 — VEA IMPEX (I) PVT LTD · 2 shipments · $3.72
87	Dec 2025	UNLISTED BUYER	Seychelles	Gel	100	NOS	$0.023	$2.31	MUMBAI AIR (SAHAR)	MAHE ISLAND	AIR
88	Dec 2025	UNLISTED BUYER	Seychelles	Shampoo	25	NOS	$0.056	$1.41	MUMBAI AIR (SAHAR)	MAHE ISLAND	AIR
SUPPLIER #44 — 3CUBE MEDICARE PVT LTD · 1 shipments · $2.98
89	Nov 2025	THE MASTER OF AFRICAN BUZZARD SHIP	South Africa	Cream	6	NOS	$0.496	$2.98	MUMBAI AIR (SAHAR)	RICHARDS BAY	AIR
SUPPLIER #45 — NALIINI.R.EXPORT PVT LTD · 1 shipments · $0.0000
90	Dec 2025	CENTRAL POINT PHARMACY	Seychelles	Cream	14	NOS	$0.0000	$0.0000	CHENNAI AIR	MAHE ISLAND	AIR

10

PART VI — DRILL-DOWN · ASIA

Region: Asia

22 countries · 131 shipments · $407K · 40 Indian suppliers · 42 buyers

SHIPMENTS

131

USD

$407K

COUNTRIES

22

SUPPLIERS

40

BUYERS

42

HHI

641

competitive

Top 22 destination countries in Asia

1

Sri Lanka (23.7%)

$96K

2

Nepal (12.7%)

$52K

3

Myanmar (11.4%)

$47K

4

Philippines (11.4%)

$46K

5

United Arab Emirates (7.5%)

$31K

6

Tajikistan (6.8%)

$28K

7

Turkey (4.7%)

$19K

8

Hong Kong (4.5%)

$18K

9

Jordan (4.2%)

$17K

10

Bhutan (4.0%)

$16K

11

Lebanon (3.8%)

$16K

12

Vietnam (2.4%)

$10K

13

Uzbekistan (1.6%)

$6K

14

Bangladesh (0.5%)

$2K

15

Bahrain (0.3%)

$1K

16

Turkmenistan (0.2%)

$829.50

17

Singapore (0.1%)

$404.17

18

Maldives (0.1%)

$298.22

19

Afghanistan (0.1%)

$279.59

20

Japan (0.0%)

$63.80

21

South Korea (0.0%)

$45.07

22

Kuwait (0.0%)

$39.27

Top 30 Indian suppliers into Asia

1

LESANTO EXPORTS LLP

$39K

2

MICRO LABS LTD

$39K

3

CIPLA LTD

$36K

4

CENTRAL DRUGS AND PHARMACEUTICALS

$35K

5

S KANT HEALTHCARE LTD

$35K

6

MEPRO PHARMACEUTICALS PVT LTD

$30K

7

STAR ENTERPRISES

$23K

8

LOB INTERNATIONAL

$21K

9

MARKSANS PHARMA LTD

$19K

10

SANDOZ PVT LTD

$18K

11

HALEWOOD LABORATORIES PVT LTD

$17K

12

ACCELIUS GLOBAL

$16K

13

GALENTIC PHARMA INDIA PVT LTD

$16K

14

LABORATE PHARMACEUTICALS INDIA LTD

$15K

15

AGIO PHARMACEUTICALS LTD

$10K

16

MULTICO EXPORTS PVT LTD

$7K

17

R.B. INTERNATIONAL

$6K

18

MEDOPHARM

$6K

19

DEN MARK PHARMACEUTICALS PVT LTD

$5K

20

BLUE CROSS LABORATORIES PVT LTD

$4K

21

ARISTO PHARMACEUTICALS PVT LTD

$2K

22

UBIK SOLUTIONS PVT LTD

$2K

23

KARNATAKA ANTIBIOTICS AND PHARMACEUTICALS LTD

$1K

24

VIVALDIS HEALTH AND FOODS PVT LTD

$1K

25

SAVA HEALTHCARE LTD

$881.70

26

AKRITI PHARMACEUTICALS PVT LTD

$829.50

27

M T MADON EXPORTS

$379.86

28

NU HOSPITALS PVT LTD

$270.75

29

SHYVEE HEALTHCARE PVT LTD

$177.54

30

MEDMATRIX ASSOCIATES

$102.05

Top 30 Asia importers

1

AMETHYST CO LTD · Myanmar

$39K

2

BREATHEFREE LANKA PVT LTD · Sri Lanka

$36K

3

RAHUL PHARMA · Nepal

$30K

4

PHARMA ASSOCIATES · Sri Lanka

$24K

5

IMPERIAL MEDICAL SOLUTIONS FZE · United Arab Emirates

$20K

6

MERPROJE LOJISTIK ULUSLARARASI TASI · Turkey

$19K

7

ZUELLIG PHARMA LTD · Hong Kong

$18K

8

BLUBARCO FOR TRADING AND SHIPPING · Jordan

$17K

9

UNICEF BEIRUT · Lebanon

$16K

10

IDA TRADING MEA · United Arab Emirates

$10K

11

CHAO SA · Nepal

$8K

12

LEGEND CREATIVES CO LTD · Myanmar

$7K

13

LLC CO UNIT BRAND · Uzbekistan

$6K

14

NEWA DRUG DISTRIBUTORS PVT LTD · Nepal

$6K

15

FARMANURA PVT LTD · Nepal

$4K

16

UNIQUE TRADE LINK PVT LTD · Nepal

$2K

17

SAMADHAN ENTERPRISE · Bangladesh

$2K

18

BHAJURATNA PHARMA (PVT) LTD · Nepal

$1K

19

SELLCO TRADING INTL FZCO · United Arab Emirates

$881.70

20

DERMAN LUKMAN GURALLARY ECONOMIC SO · Turkmenistan

$829.50

21

BMS TIBBI MALZEMELER VE ILAC ITHALA · Turkey

$379.86

22

STATE TRADING ORGANIZATION PLC · Maldives

$270.75

23

SHAMS AMIRI LTD · Afghanistan

$177.54

24

GULF IMPEX FZC · Afghanistan

$102.05

25

ALSTERN MARINE & OFFSHORE PTE LTD · Singapore

$96.83

26

EMIRATES POST COMPANY · United Arab Emirates

$43.14

27

HAMAD SA · Kuwait

$39.27

28

M/SKOTTAKAL AYURVEDIC MEDICALS LLC · United Arab Emirates

$32.53

29

THE MASTER OF GH CHRISTIE SHIP SPA · South Korea

$28.21

30

MOHAN MUTHA EXPORTS PVT LTD · Maldives

$27.47

Top 10 dosage forms

1

Cream

$193K

2

Ointment

$80K

3

Gel

$33K

4

Tablet

$24K

5

Unknown

$18K

6

oral mucosa

$15K

7

Other

$10K

8

vaginal suppository

$9K

9

Suppository

$9K

10

Spray

$5K

Monthly trend

Month	Ships	USD	Avg/ship
Oct	11	$80K	$7K
Nov	62	$130K	$2K
Dec	58	$197K	$3K

Shipment register · 131 rows · grouped by exporter

#	Date	Importer	Country	Dosage	Qty	Unit	Unit $	Total $	Origin	Dest	Mode
SUPPLIER #1 — LESANTO EXPORTS LLP · 1 shipments · $39K
1	Oct 2025	AMETHYST CO LTD	Myanmar	Cream	300.0K	NOS	$0.130	$39K	NHAVA SHEVA SEA (JNPT)	Yangon	SEA
SUPPLIER #2 — MICRO LABS LTD · 5 shipments · $39K
2	Nov 2025	RAHUL PHARMA	Nepal	Cream	10.8K	NOS	$0.405	$4K	RAXAUL	Birgunj	ROAD
3	Dec 2025	CHAO SA	Nepal	Cream	8.0K	NOS	$1.06	$8K	RAXAUL	BIRGUNJ	ROAD
4	Dec 2025	RAHUL PHARMA	Nepal	Ointment	12.0K	NOS	$1.91	$23K	RAXAUL	BIRGUNJ	ROAD
5	Dec 2025	RAHUL PHARMA	Nepal	Cream	5.0K	NOS	$0.405	$2K	RAXAUL	BIRGUNJ	ROAD
6	Dec 2025	RAHUL PHARMA	Nepal	Ointment	504	NOS	$1.48	$747.85	RAXAUL	BIRGUNJ	ROAD
SUPPLIER #3 — CIPLA LTD · 2 shipments · $36K
7	Oct 2025	BREATHEFREE LANKA PVT LTD	Sri Lanka	Cream	61.2K	NOS	$0.321	$20K	NHAVA SHEVA SEA (JNPT)	Colombo	SEA
8	Dec 2025	BREATHEFREE LANKA PVT LTD	Sri Lanka	Cream	49.8K	NOS	$0.326	$16K	NHAVA SHEVA SEA (JNPT)	Colombo	SEA
SUPPLIER #4 — CENTRAL DRUGS AND PHARMACEUTICALS · 3 shipments · $35K
9	Nov 2025	PHARMA ASSOCIATES	Sri Lanka	Cream	48.5K	NOS	$0.226	$11K	CHENNAI SEA	Colombo	SEA
10	Nov 2025	UNKNOWN BUYER	Sri Lanka		48.5K	NOS	$0.226	$11K	CHENNAI SEA	Colombo	SEA
11	Dec 2025	PHARMA ASSOCIATES	Sri Lanka	Ointment	56.3K	NOS	$0.232	$13K	CHENNAI SEA	Colombo	SEA
SUPPLIER #5 — S KANT HEALTHCARE LTD · 3 shipments · $35K
12	Nov 2025	UNLISTED BUYER	Philippines	Other	26.3K	NOS	$0.396	$10K	MUMBAI AIR (SAHAR)	MANILA	AIR
13	Nov 2025	UNLISTED BUYER	Philippines	oral mucosa	19.6K	NOS	$0.749	$15K	MUMBAI AIR (SAHAR)	MANILA	AIR
14	Dec 2025	UNLISTED BUYER	Vietnam	Cream	32.7K	NOS	$0.301	$10K	NHAVA SHEVA SEA (JNPT)	Ho Chi Minh City	SEA
SUPPLIER #6 — MEPRO PHARMACEUTICALS PVT LTD · 3 shipments · $30K
15	Nov 2025	IMPERIAL MEDICAL SOLUTIONS FZE	United Arab Emirates		33.4K	NOS	$0.208	$7K	NHAVA SHEVA SEA (JNPT)	Jebel Ali	SEA
16	Dec 2025	IMPERIAL MEDICAL SOLUTIONS FZE	United Arab Emirates	Cream	60.0K	NOS	$0.215	$13K	NHAVA SHEVA SEA (JNPT)	Jebel Ali	SEA
17	Dec 2025	IDA TRADING MEA	United Arab Emirates	Cream	4.4K	NOS	$2.24	$10K	NHAVA SHEVA SEA (JNPT)	Jebel Ali	SEA
SUPPLIER #7 — STAR ENTERPRISES · 1 shipments · $23K
18	Nov 2025	UNLISTED BUYER	Tajikistan	Ointment	94.0K	NOS	$0.240	$23K	TUGHLAKABAD ICD	Dushanbe	ICD
SUPPLIER #8 — LOB INTERNATIONAL · 1 shipments · $21K
19	Nov 2025	UNKNOWN BUYER	Philippines	Ointment	100.0K	NOS	$0.211	$21K	NHAVA SHEVA SEA (JNPT)	Manila North Harbor	SEA
SUPPLIER #9 — MARKSANS PHARMA LTD · 2 shipments · $19K
20	Dec 2025	MERPROJE LOJISTIK ULUSLARARASI TASI	Turkey	Suppository	20.0K	NOS	$0.462	$9K	NHAVA SHEVA SEA (JNPT)	Mersin	SEA
21	Dec 2025	MERPROJE LOJISTIK ULUSLARARASI TASI	Turkey	vaginal suppository	20.0K	NOS	$0.472	$9K	NHAVA SHEVA SEA (JNPT)	Mersin	SEA
SUPPLIER #10 — SANDOZ PVT LTD · 1 shipments · $18K
22	Dec 2025	ZUELLIG PHARMA LTD	Hong Kong	Tablet	8.4K	PCS	$2.14	$18K	NHAVA SHEVA SEA (JNPT)	Hong Kong	SEA
SUPPLIER #11 — HALEWOOD LABORATORIES PVT LTD · 4 shipments · $17K
23	Dec 2025	BLUBARCO FOR TRADING AND SHIPPING	Jordan	Gel	3.0K	NOS	$2.20	$7K	NHAVA SHEVA SEA (JNPT)	Aqaba Free Zone	SEA
24	Dec 2025	BLUBARCO FOR TRADING AND SHIPPING	Jordan	Gel	3.0K	NOS	$2.20	$7K	NHAVA SHEVA SEA (JNPT)	Aqaba (El Akaba)	SEA
25	Dec 2025	BLUBARCO FOR TRADING AND SHIPPING	Jordan	Gel	614	NOS	$2.40	$1K	NHAVA SHEVA SEA (JNPT)	Aqaba (El Akaba)	SEA
26	Dec 2025	BLUBARCO FOR TRADING AND SHIPPING	Jordan	Gel	1.0K	NOS	$2.40	$2K	NHAVA SHEVA SEA (JNPT)	Aqaba (El Akaba)	SEA
SUPPLIER #12 — ACCELIUS GLOBAL · 1 shipments · $16K
27	Nov 2025	UNLISTED BUYER	Bhutan	Cream	185.3K	NOS	$0.088	$16K	JAIGAON LCS	Phuntsholing	ROAD
SUPPLIER #13 — GALENTIC PHARMA INDIA PVT LTD · 1 shipments · $16K
28	Dec 2025	UNICEF BEIRUT	Lebanon	Gel	23.8K	NOS	$0.658	$16K	MUMBAI AIR (SAHAR)	BEIRUT	AIR
SUPPLIER #14 — LABORATE PHARMACEUTICALS INDIA LTD · 1 shipments · $15K
29	Dec 2025	UNLISTED BUYER	Sri Lanka	Cream	98.2K	NOS	$0.157	$15K	TUGHLAKABAD ICD	Colombo	ICD
SUPPLIER #15 — AGIO PHARMACEUTICALS LTD · 1 shipments · $10K
30	Oct 2025	UNLISTED BUYER	Sri Lanka	Cream	61.2K	NOS	$0.164	$10K	NHAVA SHEVA SEA (JNPT)	Colombo	SEA
SUPPLIER #16 — MULTICO EXPORTS PVT LTD · 1 shipments · $7K
31	Dec 2025	LEGEND CREATIVES CO LTD	Myanmar	Cream	31.7K	NOS	$0.234	$7K	AHMEDABAD AIR	YANGON	AIR
SUPPLIER #17 — R.B. INTERNATIONAL · 2 shipments · $6K
32	Dec 2025	LLC CO UNIT BRAND	Uzbekistan	Spray	2.4K	PCS	$1.40	$3K	MUNDRA SEA	Kokand	SEA
33	Dec 2025	LLC CO UNIT BRAND	Uzbekistan	Serum	1.5K	PCS	$2.02	$3K	MUNDRA SEA	Kokand	SEA
SUPPLIER #18 — MEDOPHARM · 4 shipments · $6K
34	Nov 2025	NEWA DRUG DISTRIBUTORS PVT LTD	Nepal	Tablet	224	NOS	$3.74	$837.76	RAXAUL	Birgunj	ROAD
35	Nov 2025	NEWA DRUG DISTRIBUTORS PVT LTD	Nepal	Tablet	2.5K	NOS	$1.01	$3K	RAXAUL	Birgunj	ROAD
36	Nov 2025	NEWA DRUG DISTRIBUTORS PVT LTD	Nepal	Tablet	955	NOS	$1.21	$1K	RAXAUL	Birgunj	ROAD
37	Nov 2025	NEWA DRUG DISTRIBUTORS PVT LTD	Nepal	Tablet	960	NOS	$1.21	$1K	RAXAUL	Birgunj	ROAD
SUPPLIER #19 — DEN MARK PHARMACEUTICALS PVT LTD · 1 shipments · $5K
38	Oct 2025	UNLISTED BUYER	Tajikistan	Cream	19.9K	NOS	$0.251	$5K	NHAVA SHEVA SEA (JNPT)	Dushanbe	SEA
SUPPLIER #20 — BLUE CROSS LABORATORIES PVT LTD · 1 shipments · $4K
39	Oct 2025	FARMANURA PVT LTD	Nepal	Cream	6.4K	NOS	$0.583	$4K	RAXAUL	KATHMANDU	ROAD
SUPPLIER #21 — ARISTO PHARMACEUTICALS PVT LTD · 5 shipments · $2K
40	Oct 2025	UNIQUE TRADE LINK PVT LTD	Nepal	Injection	996	NOS	$0.627	$624.14	RAXAUL	Kathmandu	ROAD
41	Nov 2025	UNIQUE TRADE LINK PVT LTD	Nepal	Injection	200	NOS	$1.51	$302.09	RAXAUL	Birgunj	ROAD
42	Dec 2025	UNIQUE TRADE LINK PVT LTD	Nepal	Injection	784	NOS	$0.663	$519.69	RAXAUL	BIRGUNJ	ROAD
43	Dec 2025	UNIQUE TRADE LINK PVT LTD	Nepal	Injection	384	NOS	$1.70	$654.55	RAXAUL	BIRGUNJ	ROAD
44	Dec 2025	UNIQUE TRADE LINK PVT LTD	Nepal	Injection	384	NOS	$0.644	$247.19	RAXAUL	BIRGUNJ	ROAD
SUPPLIER #22 — UBIK SOLUTIONS PVT LTD · 2 shipments · $2K
45	Nov 2025	SAMADHAN ENTERPRISE	Bangladesh	Lotion	972	NOS	$1.33	$1K	AHMEDABAD AIR	DHAKA	AIR
46	Nov 2025	SAMADHAN ENTERPRISE	Bangladesh	Lotion	1.0K	NOS	$0.705	$705.45	AHMEDABAD AIR	DHAKA	AIR
SUPPLIER #23 — KARNATAKA ANTIBIOTICS AND PHARMACEUTICALS LTD · 2 shipments · $1K
47	Oct 2025	BHAJURATNA PHARMA (PVT) LTD	Nepal	Solution	1.4K	NOS	$0.910	$1K	RAXAUL	BIRGUNJ	ROAD
48	Oct 2025	BHAJURATNA PHARMA (PVT) LTD	Nepal	Solution	100	NOS	$0.910	$91.00	RAXAUL	BIRGUNJ	ROAD
SUPPLIER #24 — VIVALDIS HEALTH AND FOODS PVT LTD · 4 shipments · $1K
49	Nov 2025	UNLISTED BUYER	Singapore	Spray	70	NOS	$1.36	$95.32	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
50	Nov 2025	UNLISTED BUYER	Bahrain	Lotion	288	NOS	$1.23	$353.32	MUMBAI AIR (SAHAR)	BAHRAIN	AIR
51	Nov 2025	UNLISTED BUYER	Bahrain	Spray	644	NOS	$1.06	$682.84	MUMBAI AIR (SAHAR)	BAHRAIN	AIR
52	Dec 2025	UNLISTED BUYER	Singapore	Spray	30	NOS	$4.11	$123.29	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
SUPPLIER #25 — SAVA HEALTHCARE LTD · 1 shipments · $881.70
53	Nov 2025	SELLCO TRADING INTL FZCO	United Arab Emirates	Spray	500	NOS	$1.76	$881.70	MUMBAI AIR (SAHAR)	DUBAI	AIR
SUPPLIER #26 — AKRITI PHARMACEUTICALS PVT LTD · 1 shipments · $829.50
54	Nov 2025	DERMAN LUKMAN GURALLARY ECONOMIC SO	Turkmenistan	Cream	640	NOS	$1.30	$829.50	NHAVA SHEVA SEA (JNPT)	Ashkhabad	SEA
SUPPLIER #27 — M T MADON EXPORTS · 1 shipments · $379.86
55	Dec 2025	BMS TIBBI MALZEMELER VE ILAC ITHALA	Turkey	Cream	2.0K	NOS	$0.190	$379.86	MUMBAI AIR (SAHAR)	ADANA	AIR
SUPPLIER #28 — NU HOSPITALS PVT LTD · 1 shipments · $270.75
56	Oct 2025	STATE TRADING ORGANIZATION PLC	Maldives	Gel	100	NOS	$2.71	$270.75	BANGALORE AIR	MALE	AIR
SUPPLIER #29 — SHYVEE HEALTHCARE PVT LTD · 1 shipments · $177.54
57	Nov 2025	SHAMS AMIRI LTD	Afghanistan	Cream	494	NOS	$0.359	$177.54	SONEPAT ICD	KANDAHAR	ICD
SUPPLIER #30 — MEDMATRIX ASSOCIATES · 1 shipments · $102.05
58	Dec 2025	GULF IMPEX FZC	Afghanistan	Cream	50	NOS	$2.04	$102.05	DADRI ICD	KABUL	ICD
SUPPLIER #31 — AALTOP HEALTHCARE PVT LTD · 2 shipments · $96.83
59	Nov 2025	ALSTERN MARINE & OFFSHORE PTE LTD	Singapore	Cream	200	NOS	$0.242	$48.42	NHAVA SHEVA SEA (JNPT)	Singapore	SEA
60	Nov 2025	ALSTERN MARINE & OFFSHORE PTE LTD	Singapore	Cream	200	NOS	$0.242	$48.42	NHAVA SHEVA SEA (JNPT)	Singapore	SEA
SUPPLIER #32 — 3CUBE MEDICARE PVT LTD · 26 shipments · $83.39
61	Nov 2025	THE MASTER OF SEAL ISLAND SHIP SPAR	Japan	Gel	2	NOS	$2.61	$5.21	MUMBAI AIR (SAHAR)	TOKUSHIMA	AIR
62	Nov 2025	THE MASTER OF SEAL ISLAND SHIP SPAR	Japan	pessary	1	NOS	$2.31	$2.31	MUMBAI AIR (SAHAR)	TOKUSHIMA	AIR
63	Nov 2025	THE MASTER OF SEAL ISLAND SHIP SPAR	Japan	pessary	2	NOS	$1.52	$3.05	MUMBAI AIR (SAHAR)	TOKUSHIMA	AIR
64	Nov 2025	THE MASTER OF SEAL ISLAND SHIP SPAR	Japan	Cream	8	NOS	$0.402	$3.22	MUMBAI AIR (SAHAR)	TOKUSHIMA	AIR
65	Nov 2025	UNKNOWN BUYER	Japan	Gel	2	NOS	$2.61	$5.21	MUMBAI AIR (SAHAR)	TOKUSHIMA	AIR
66	Nov 2025	UNKNOWN BUYER	Japan	pessary	1	NOS	$2.31	$2.31	MUMBAI AIR (SAHAR)	TOKUSHIMA	AIR
67	Nov 2025	UNKNOWN BUYER	Japan	pessary	2	NOS	$1.52	$3.05	MUMBAI AIR (SAHAR)	TOKUSHIMA	AIR
68	Nov 2025	UNKNOWN BUYER	Japan	Cream	8	NOS	$0.402	$3.22	MUMBAI AIR (SAHAR)	TOKUSHIMA	AIR
69	Nov 2025	THE MASTER OF X PRESS ODYSSEY SHIP	Singapore	Cream	2	NOS	$1.44	$2.89	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
70	Nov 2025	THE MASTER OF EMERALD SPIRIT	Singapore	Cream	2	NOS	$1.09	$2.18	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
71	Nov 2025	THE MASTER OF EMERALD SPIRIT	Singapore	Cream	9	NOS	$0.391	$3.52	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
72	Nov 2025	THE MASTER OF EA CETUS SHIP SPA	Singapore	Cream	6	NOS	$0.556	$3.34	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
73	Dec 2025	THE MASTER OF MH GREEN SHIP SPA	Singapore	Cream	3	NOS	$1.01	$3.04	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
74	Dec 2025	THE MASTER OF GH ANGELOU SHIP SPA	South Korea	Other	1	NOS	$2.52	$2.52	MUMBAI AIR (SAHAR)	BATUMI	AIR
75	Dec 2025	THE MASTER OF GH ANGELOU SHIP SPA	South Korea	Cream	10	NOS	$0.402	$4.02	MUMBAI AIR (SAHAR)	BATUMI	AIR
76	Dec 2025	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	Cream	4	NOS	$0.726	$2.90	MUMBAI AIR (SAHAR)	BATUMI	AIR
77	Dec 2025	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	Cream	1	NOS	$2.24	$2.24	MUMBAI AIR (SAHAR)	BATUMI	AIR
78	Dec 2025	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	Cream	5	NOS	$0.625	$3.12	MUMBAI AIR (SAHAR)	BATUMI	AIR
79	Dec 2025	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	Gel	3	NOS	$2.08	$6.25	MUMBAI AIR (SAHAR)	BATUMI	AIR
80	Dec 2025	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	Suppository	1	NOS	$2.72	$2.72	MUMBAI AIR (SAHAR)	BATUMI	AIR
81	Dec 2025	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	pessary	1	NOS	$2.72	$2.72	MUMBAI AIR (SAHAR)	BATUMI	AIR
82	Dec 2025	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	Cream	4	NOS	$0.726	$2.90	MUMBAI AIR (SAHAR)	BATUMI	AIR
83	Dec 2025	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	Cream	1	NOS	$2.24	$2.24	MUMBAI AIR (SAHAR)	BATUMI	AIR
84	Dec 2025	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	Cream	5	NOS	$0.625	$3.12	MUMBAI AIR (SAHAR)	BATUMI	AIR
85	Dec 2025	THE MASTER OF SKOMER ISLAND	Singapore	pessary	2	NOS	$1.54	$3.08	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
86	Dec 2025	THE MASTER OF SKOMER ISLAND	Singapore	Cream	6	NOS	$0.500	$3.00	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
SUPPLIER #33 — LARK LABORATORIES (INDIA) LTD · 3 shipments · $81.31
87	Nov 2025	UNKNOWN BUYER	Nepal	Gel	250	NOS	$0.071	$17.63	RAXAUL	Birgunj	ROAD
88	Nov 2025	UNKNOWN BUYER	Nepal	Capsule	11	NOS	$1.41	$15.56	RAXAUL	Birgunj	ROAD
89	Nov 2025	UNKNOWN BUYER	Nepal	Syrup	275	NOS	$0.175	$48.12	RAXAUL	Birgunj	ROAD
SUPPLIER #34 — RUCHA ENTERPRISES · 18 shipments · $78.98
90	Nov 2025	UNLISTED BUYER	Singapore	Cream	9	NOS	$0.715	$6.44	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
91	Nov 2025	UNKNOWN BUYER	Singapore	Cream	9	NOS	$0.715	$6.44	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
92	Nov 2025	UNLISTED BUYER	Japan	Cream	12	NOS	$0.660	$7.92	MUMBAI AIR (SAHAR)	OSAKA - KANSAI INT'L	AIR
93	Nov 2025	UNLISTED BUYER	Singapore	Cream	6	NOS	$0.668	$4.01	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
94	Nov 2025	UNLISTED BUYER	Singapore	Cream	9	NOS	$0.697	$6.27	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
95	Nov 2025	UNLISTED BUYER	Japan	Cream	12	NOS	$0.657	$7.88	MUMBAI AIR (SAHAR)	OSAKA - KANSAI INT'L	AIR
96	Nov 2025	UNLISTED BUYER	Japan	Cream	6	NOS	$0.693	$4.16	MUMBAI AIR (SAHAR)	OSAKA - KANSAI INT'L	AIR
97	Nov 2025	UNLISTED BUYER	South Korea	Cream	12	NOS	$0.632	$7.58	MUMBAI AIR (SAHAR)	SEOUL - INCHEON INT'	AIR
98	Dec 2025	UNLISTED BUYER	Japan	Cream	12	NOS	$0.655	$7.86	MUMBAI AIR (SAHAR)	FUKUOKA	AIR
99	Dec 2025	UNLISTED BUYER	South Korea	Cream	2	NOS	$0.676	$1.35	MUMBAI AIR (SAHAR)	SEOUL - INCHEON INT'	AIR
100	Dec 2025	UNLISTED BUYER	Singapore	Cream	6	NOS	$0.780	$4.68	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
101	Dec 2025	UNLISTED BUYER	Singapore	Cream	6	NOS	$0.755	$4.53	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
102	Dec 2025	FUJI GLOBAL LOGISTICS CO LTD	South Korea	Cream	2	NOS	$0.694	$1.39	MUMBAI AIR (SAHAR)	SEOUL - INCHEON INT'	AIR
103	Dec 2025	UNLISTED BUYER	Japan	Cream	12	NOS	$0.650	$7.80	MUMBAI AIR (SAHAR)	FUKUOKA	AIR
104	Dec 2025	UNLISTED BUYER	Singapore	Cream	2	NOS	$0.016	$0.032	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
105	Dec 2025	UNLISTED BUYER	Singapore	Cream	6	NOS	$0.0077	$0.046	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
106	Dec 2025	MASTER OF M.V. ETERNITY DIVA	Japan	Cream	12	NOS	$0.0097	$0.116	MUMBAI AIR (SAHAR)	OSAKA - KANSAI INT'L	AIR
107	Dec 2025	UNLISTED BUYER	Japan	Cream	60	NOS	$0.0081	$0.485	MUMBAI AIR (SAHAR)	OSAKA - KANSAI INT'L	AIR
SUPPLIER #35 — DERRIC WOOD · 17 shipments · $44.92
108	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	3	PCS	$0.178	$0.535	DELHI AIR	DUBAI	AIR
109	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	3	PCS	$0.178	$0.535	DELHI AIR	DUBAI	AIR
110	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	10	PCS	$0.177	$1.77	DELHI AIR	DUBAI	AIR
111	Nov 2025	UNKNOWN BUYER	United Arab Emirates	Gel	10	PCS	$0.177	$1.77	DELHI AIR	DUBAI	AIR
112	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Tablet	6	PCS	$4.86	$29.17	DELHI AIR	DUBAI	AIR
113	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	2	PCS	$0.178	$0.356	DELHI AIR	DUBAI	AIR
114	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	2	PCS	$0.179	$0.358	DELHI AIR	DUBAI	AIR
115	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Cream	1	PCS	$0.180	$0.180	DELHI AIR	DUBAI	AIR
116	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	9	PCS	$0.180	$1.62	DELHI AIR	DUBAI	AIR
117	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	9	PCS	$0.180	$1.62	DELHI AIR	DUBAI	AIR
118	Nov 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	9	PCS	$0.180	$1.62	DELHI AIR	DUBAI	AIR
119	Dec 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	3	PCS	$0.179	$0.537	DELHI AIR	DUBAI	AIR
120	Dec 2025	EMIRATES POST COMPANY	United Arab Emirates	Cream	3	PCS	$0.184	$0.551	DELHI AIR	DUBAI	AIR
121	Dec 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	4	PCS	$0.185	$0.738	DELHI AIR	DUBAI	AIR
122	Dec 2025	EMIRATES POST COMPANY	United Arab Emirates	Gel	18	PCS	$0.0018	$0.032	DELHI AIR	DUBAI	AIR
123	Dec 2025	EMIRATES POST COMPANY	United Arab Emirates	Cream	10	PCS	$0.186	$1.86	DELHI AIR	DUBAI	AIR
124	Dec 2025	EMIRATES POST COMPANY	United Arab Emirates	Cream	9	PCS	$0.185	$1.67	DELHI AIR	DUBAI	AIR
SUPPLIER #36 — CLEARSYNTH LABS LTD · 1 shipments · $39.27
125	Oct 2025	HAMAD SA	Kuwait	Tablet	1	GMS	$39.27	$39.27	HYDERABAD AIR	KUWAIT - KUWAIT INT'	AIR
SUPPLIER #37 — GREENSHIP EXPORTS · 1 shipments · $32.53
126	Oct 2025	M/SKOTTAKAL AYURVEDIC MEDICALS LLC	United Arab Emirates	Ointment	48	NOS	$0.678	$32.53	COCHIN SEA	Sharjah	SEA
SUPPLIER #38 — MEDIX · 1 shipments · $27.47
127	Nov 2025	MOHAN MUTHA EXPORTS PVT LTD	Maldives	Gel	10	NOS	$2.75	$27.47	TUTICORIN SEA	Male	SEA
SUPPLIER #39 — SANITAS MEDTECH INSTITUTE PVT LTD · 1 shipments · $26.28
128	Nov 2025	SUCCESS INTER LINK PTE LTD	Singapore	Cream	60	NOS	$0.438	$26.28	MUMBAI AIR (SAHAR)	SINGAPORE	AIR
SUPPLIER #40 — TULSI MEDICAL & GENERAL STORES · 3 shipments · $16.93
129	Nov 2025	UNLISTED BUYER	Turkey	Cream	8	NOS	$0.498	$3.99	MUMBAI AIR (SAHAR)	ISTANBUL	AIR
130	Nov 2025	UNLISTED BUYER	Turkey	Cream	8	NOS	$0.498	$3.99	MUMBAI AIR (SAHAR)	ISTANBUL	AIR
131	Dec 2025	UNLISTED BUYER	Singapore	Ointment	5	NOS	$1.79	$8.95	MUMBAI AIR (SAHAR)	SINGAPORE	AIR

10

PART VI — DRILL-DOWN · EUROPE

Region: Europe

9 countries · 46 shipments · $59K · 8 Indian suppliers · 18 buyers

SHIPMENTS

46

USD

$59K

COUNTRIES

9

SUPPLIERS

8

BUYERS

18

HHI

4,560

concentrated

Top 9 destination countries in Europe

1

France (88.5%)

$52K

2

Netherlands (11.3%)

$7K

3

Germany (0.1%)

$35.49

4

Italy (0.0%)

$21.35

5

United Kingdom (0.0%)

$10.75

6

Portugal (0.0%)

$8.07

7

Spain (0.0%)

$4.86

8

Belgium (0.0%)

$3.48

9

Denmark (0.0%)

$1.51

Top 8 Indian suppliers into Europe

1

GALENTIC PHARMA INDIA PVT LTD

$38K

2

BDA HEALTH CARE PVT LTD

$9K

3

MEPRO PHARMACEUTICALS PVT LTD

$7K

4

KAISER EXPORTS

$5K

5

RUCHA ENTERPRISES

$140.00

6

3CUBE MEDICARE PVT LTD

$69.12

7

PUROBIEN LIFESCIENCES PVT LTD

$35.51

8

TULSI MEDICAL & GENERAL STORES

$4.98

Top 16 Europe importers

1

MEDECINS SA · France

$38K

2

E.P.DIS · France

$9K

3

IMRES BV · Netherlands

$7K

4

DISTRIMEX · France

$5K

5

PLANET PHARMA SA · France

$35.51

6

THE MASTER OF LOS ANGELES SPIRIT · Germany

$35.49

7

THE MASTER OF SHELTER ISLAND · Netherlands

$8.06

8

THE MASTER OF X PRESS SA · Spain

$4.86

9

FUJI TRANSPORT SYSTEMS (ROTTER · Netherlands

$4.24

10

THE MASTER OF MEDITERRANEAN EXPRES · Belgium

$3.48

11

THE MASTER OF SEAWAYS MUSE SHIP SPA · Netherlands

$3.30

12

THE MASTER OF EA NODDY · Netherlands

$3.23

13

THE MASTER OF GAS XANADU · Netherlands

$3.01

14

THE MASTER OF X PRESS ELBE · Netherlands

$2.66

15

THE MASTER OF X PRESS GODAVARI · Netherlands

$2.59

16

THE MASTER OF X PRESS MULHACEN · Netherlands

$2.44

Top 5 dosage forms

1

Gel

$38K

2

Cream

$12K

3

Capsule

$5K

4

Tablet

$4K

5

Suppository

$2.66

Monthly trend

Month	Ships	USD	Avg/ship
Oct	1	$38K	$38K
Nov	16	$10K	$627.59
Dec	29	$11K	$381.72

Shipment register · 46 rows · grouped by exporter

#	Date	Importer	Country	Dosage	Qty	Unit	Unit $	Total $	Origin	Dest	Mode
SUPPLIER #1 — GALENTIC PHARMA INDIA PVT LTD · 1 shipments · $38K
1	Oct 2025	MEDECINS SA	France	Gel	24.0K	NOS	$1.58	$38K	NHAVA SHEVA SEA (JNPT)	Le Havre	SEA
SUPPLIER #2 — BDA HEALTH CARE PVT LTD · 2 shipments · $9K
2	Nov 2025	E.P.DIS	France	Capsule	17.3K	NOS	$0.262	$5K	CONCOR ICD/MIHAN	LE HAVRE	ICD
3	Dec 2025	E.P.DIS	France	Tablet	15.2K	NOS	$0.286	$4K	CONCOR ICD/MIHAN	LE HAVRE	ICD
SUPPLIER #3 — MEPRO PHARMACEUTICALS PVT LTD · 1 shipments · $7K
4	Dec 2025	IMRES BV	Netherlands	Cream	31.1K	NOS	$0.211	$7K	NHAVA SHEVA SEA (JNPT)	Rotterdam	SEA
SUPPLIER #4 — KAISER EXPORTS · 1 shipments · $5K
5	Nov 2025	DISTRIMEX	France	Cream	24.5K	NOS	$0.223	$5K	NHAVA SHEVA SEA (JNPT)	Le Havre	SEA
SUPPLIER #5 — RUCHA ENTERPRISES · 19 shipments · $140.00
6	Nov 2025	UNLISTED BUYER	Italy	Cream	12	NOS	$0.699	$8.39	MUMBAI AIR (SAHAR)	MILAN - MALPENSA	AIR
7	Nov 2025	UNKNOWN BUYER	Italy	Cream	12	NOS	$0.699	$8.39	MUMBAI AIR (SAHAR)	MILAN - MALPENSA	AIR
8	Nov 2025	UNLISTED BUYER	Denmark	Cream	1	NOS	$0.757	$0.757	MUMBAI AIR (SAHAR)	COPENHAGEN	AIR
9	Nov 2025	UNKNOWN BUYER	Denmark	Cream	1	NOS	$0.757	$0.757	MUMBAI AIR (SAHAR)	COPENHAGEN	AIR
10	Nov 2025	UNLISTED BUYER	Netherlands	Cream	3	NOS	$0.724	$2.17	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
11	Nov 2025	UNLISTED BUYER	Netherlands	Cream	6	NOS	$0.837	$5.02	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
12	Nov 2025	UNLISTED BUYER	Netherlands	Cream	6	NOS	$0.887	$5.32	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
13	Nov 2025	UNLISTED BUYER	Italy	Cream	6	NOS	$0.761	$4.57	MUMBAI AIR (SAHAR)	VENICE	AIR
14	Nov 2025	FUJI TRANSPORT SYSTEMS (ROTTER	Netherlands	Cream	6	NOS	$0.706	$4.24	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
15	Nov 2025	UNLISTED BUYER	Netherlands	Cream	12	NOS	$0.684	$8.21	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
16	Nov 2025	UNLISTED BUYER	Netherlands	Cream	11	NOS	$0.804	$8.84	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
17	Dec 2025	UNLISTED BUYER	Netherlands	Cream	40	NOS	$0.786	$31.43	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
18	Dec 2025	UNLISTED BUYER	Portugal	Cream	12	NOS	$0.673	$8.07	MUMBAI AIR (SAHAR)	LISBON	AIR
19	Dec 2025	UNLISTED BUYER	Netherlands	Cream	12	NOS	$0.700	$8.40	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
20	Dec 2025	UNLISTED BUYER	Netherlands	Cream	12	NOS	$0.984	$11.80	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
21	Dec 2025	UNLISTED BUYER	United Kingdom	Cream	14	NOS	$0.768	$10.75	MUMBAI AIR (SAHAR)	LONDON - HEATHROW	AIR
22	Dec 2025	UNLISTED BUYER	Netherlands	Cream	8	NOS	$0.931	$7.45	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
23	Dec 2025	UNLISTED BUYER	Netherlands	Cream	12	NOS	$0.0098	$0.117	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
24	Dec 2025	UNLISTED BUYER	Netherlands	Cream	6	NOS	$0.886	$5.32	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR
SUPPLIER #6 — 3CUBE MEDICARE PVT LTD · 19 shipments · $69.12
25	Nov 2025	THE MASTER OF X PRESS ELBE	Netherlands	Suppository	1	NOS	$2.66	$2.66	MUMBAI AIR (SAHAR)	ROTTERDAM	AIR
26	Nov 2025	THE MASTER OF X PRESS MULHACEN	Netherlands	Cream	2	NOS	$1.22	$2.44	MUMBAI AIR (SAHAR)	ROTTERDAM	AIR
27	Dec 2025	THE MASTER OF X PRESS GODAVARI	Netherlands	Cream	2	NOS	$1.30	$2.59	MUMBAI AIR (SAHAR)	ROTTERDAM	AIR
28	Dec 2025	THE MASTER OF SHELTER ISLAND	Netherlands	Cream	6	NOS	$0.489	$2.93	MUMBAI AIR (SAHAR)	ROTTERDAM	AIR
29	Dec 2025	THE MASTER OF SHELTER ISLAND	Netherlands	Cream	2	NOS	$2.56	$5.13	MUMBAI AIR (SAHAR)	ROTTERDAM	AIR
30	Dec 2025	THE MASTER OF X PRESS SA	Spain	Cream	4	NOS	$0.670	$2.68	MUMBAI AIR (SAHAR)	ALGIERS	AIR
31	Dec 2025	THE MASTER OF X PRESS SA	Spain	Cream	2	NOS	$1.09	$2.18	MUMBAI AIR (SAHAR)	ALGIERS	AIR
32	Dec 2025	THE MASTER OF SEAWAYS MUSE SHIP SPA	Netherlands	Cream	6	NOS	$0.550	$3.30	MUMBAI AIR (SAHAR)	ROTTERDAM	AIR
33	Dec 2025	THE MASTER OF EA NODDY	Netherlands	Cream	6	NOS	$0.539	$3.23	MUMBAI AIR (SAHAR)	ROTTERDAM	AIR
34	Dec 2025	THE MASTER OF MEDITERRANEAN EXPRES	Belgium	Cream	6	NOS	$0.579	$3.48	MUMBAI AIR (SAHAR)	ANTWERP	AIR
35	Dec 2025	THE MASTER OF LOS ANGELES SPIRIT	Germany	Cream	2	NOS	$2.53	$5.06	MUMBAI AIR (SAHAR)		AIR
36	Dec 2025	THE MASTER OF LOS ANGELES SPIRIT	Germany	Cream	1	NOS	$1.77	$1.77	MUMBAI AIR (SAHAR)		AIR
37	Dec 2025	THE MASTER OF LOS ANGELES SPIRIT	Germany	Cream	3	NOS	$2.27	$6.82	MUMBAI AIR (SAHAR)		AIR
38	Dec 2025	THE MASTER OF LOS ANGELES SPIRIT	Germany	Cream	11	NOS	$0.374	$4.12	MUMBAI AIR (SAHAR)		AIR
39	Dec 2025	THE MASTER OF LOS ANGELES SPIRIT	Germany	Cream	1	NOS	$1.76	$1.76	MUMBAI AIR (SAHAR)	BREMEN	AIR
40	Dec 2025	THE MASTER OF LOS ANGELES SPIRIT	Germany	Cream	11	NOS	$0.374	$4.11	MUMBAI AIR (SAHAR)	BREMEN	AIR
41	Dec 2025	THE MASTER OF LOS ANGELES SPIRIT	Germany	Cream	3	NOS	$2.27	$6.81	MUMBAI AIR (SAHAR)	BREMEN	AIR
42	Dec 2025	THE MASTER OF LOS ANGELES SPIRIT	Germany	Cream	2	NOS	$2.52	$5.05	MUMBAI AIR (SAHAR)	BREMEN	AIR
43	Dec 2025	THE MASTER OF GAS XANADU	Netherlands	Cream	6	NOS	$0.501	$3.01	MUMBAI AIR (SAHAR)	ROTTERDAM	AIR
SUPPLIER #7 — PUROBIEN LIFESCIENCES PVT LTD · 2 shipments · $35.51
44	Dec 2025	PLANET PHARMA SA	France	Gel	11.2K	NOS	$0.0014	$15.39	DELHI AIR	PARIS - CHARLES DE G	AIR
45	Dec 2025	PLANET PHARMA SA	France	Gel	12.0K	NOS	$0.0017	$20.12	DELHI AIR	PARIS - CHARLES DE G	AIR
SUPPLIER #8 — TULSI MEDICAL & GENERAL STORES · 1 shipments · $4.98
46	Nov 2025	UNLISTED BUYER	Netherlands	Cream	10	NOS	$0.498	$4.98	MUMBAI AIR (SAHAR)	AMSTERDAM, SCHIPHOL	AIR

10

PART VI — DRILL-DOWN · AMERICAS

Region: Americas

10 countries · 64 shipments · $558K · 12 Indian suppliers · 18 buyers

SHIPMENTS

64

USD

$558K

COUNTRIES

10

SUPPLIERS

12

BUYERS

18

HHI

6,187

concentrated

Top 10 destination countries in Americas

1

United States (94.5%)

$527K

2

Guyana (4.2%)

$24K

3

Suriname (1.3%)

$7K

4

Saint Lucia (0.0%)

$128.21

5

Jamaica (0.0%)

$51.54

6

Dominica (0.0%)

$22.43

7

Panama (0.0%)

$22.05

8

Canada (0.0%)

$2.34

9

Trinidad and Tobago (0.0%)

$1.74

10

Ecuador (0.0%)

$0.027

Top 12 Indian suppliers into Americas

1

ENCUBE ETHICALS PVT LTD

$427K

2

UMENDRA EXPORTS PVT LTD

$101K

3

SYNAPSE PHARMATECH

$24K

4

GUDDU DUMRA (G.D) IMPEX PVT LTD

$7K

5

VEA IMPEX (I) PVT LTD

$83.67

6

RUCHA ENTERPRISES

$72.61

7

SARA TRADING CORP

$55.24

8

ERIS OAKNET HEALTHCARE PVT LTD

$47.56

9

3CUBE MEDICARE PVT LTD

$32.25

10

NAMAN GLOBAL IMPEX PVT LTD

$11.74

11

TULSI MEDICAL & GENERAL STORES

$6.52

12

NEW STAR ENTERPRISES

$1.74

Top 16 Americas importers

1

PL DEVELOPMENTS · United States

$350K

2

H2-PHARMA LLC · United States

$76K

3

TO THE ODER OF · Guyana

$18K

4

N V MISHRA HANDELSMAATSCHAPPIJ · Suriname

$7K

5

INDIES PHARMA JAMAICA LTD · Jamaica

$47.56

6

CARIMED TRADING · Saint Lucia

$27.54

7

THE MASTER OF ARDMORE ENCOUNTER SH · Panama

$8.89

8

THE MASTER OF MIZAR · Panama

$5.17

9

THE MASTER OF AFRICAN PELICAN SHIP · Panama

$4.71

10

THE MASTER OF SEAWAYS MIRAGE SHIP · United States

$4.23

11

THE MASTER OF ARDMORE EXPORTER SHIP · United States

$3.81

12

THE MASTER OF X PRESS MOY · Panama

$3.24

13

THE MASTER OF PLATA LUCKY · United States

$2.20

14

TO THE M.T. MASTER OF EASTERLY LIME · United States

$1.80

15

TO THER ORDER OF · Trinidad and Tobago

$1.74

16

DALKHAN MEDICAL SUPPLIES LTD · Saint Lucia

$0.162

Top 3 dosage forms

1

Cream

$545K

2

Powder

$13K

3

Gel

$0.162

Monthly trend

Month	Ships	USD	Avg/ship
Oct	7	$97K	$14K
Nov	34	$419K	$12K
Dec	23	$42K	$2K

Shipment register · 64 rows · grouped by exporter

#	Date	Importer	Country	Dosage	Qty	Unit	Unit $	Total $	Origin	Dest	Mode
SUPPLIER #1 — ENCUBE ETHICALS PVT LTD · 15 shipments · $427K
1	Nov 2025	H2-PHARMA LLC	United States	Cream	11.9K	NOS	$1.68	$20K	NHAVA SHEVA SEA (JNPT)	Savannah	SEA
2	Nov 2025	PL DEVELOPMENTS	United States	Cream	40.0K	NOS	$1.69	$68K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
3	Nov 2025	PL DEVELOPMENTS	United States	Cream	9.0K	NOS	$1.26	$11K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
4	Nov 2025	PL DEVELOPMENTS	United States	Cream	10.9K	NOS	$1.69	$18K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
5	Nov 2025	PL DEVELOPMENTS	United States	Cream	5.7K	NOS	$1.26	$7K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
6	Nov 2025	PL DEVELOPMENTS	United States	Cream	32.4K	NOS	$1.69	$55K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
7	Nov 2025	PL DEVELOPMENTS	United States	Cream	19.8K	NOS	$1.68	$33K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
8	Nov 2025	PL DEVELOPMENTS	United States	Cream	13.0K	NOS	$1.69	$22K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
9	Nov 2025	PL DEVELOPMENTS	United States	Cream	29.4K	NOS	$1.69	$50K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
10	Nov 2025	PL DEVELOPMENTS	United States	Cream	30.7K	NOS	$1.71	$53K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
11	Nov 2025	H2-PHARMA LLC	United States	Cream	24.0K	NOS	$1.70	$41K	NHAVA SHEVA SEA (JNPT)	Savannah	SEA
12	Nov 2025	H2-PHARMA LLC	United States	Cream	9.1K	NOS	$1.70	$16K	NHAVA SHEVA SEA (JNPT)	Savannah	SEA
13	Dec 2025	PL DEVELOPMENTS	United States	Cream	6.0K	NOS	$1.27	$8K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
14	Dec 2025	PL DEVELOPMENTS	United States	Cream	10.4K	NOS	$1.70	$18K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
15	Dec 2025	PL DEVELOPMENTS	United States	Cream	6.3K	NOS	$1.27	$8K	NHAVA SHEVA SEA (JNPT)	Charleston	SEA
SUPPLIER #2 — UMENDRA EXPORTS PVT LTD · 8 shipments · $101K
16	Oct 2025	UNLISTED BUYER	United States	Cream	1.8K	NOS	$21.22	$38K	MUNDRA SEA	NEW YORK	SEA
17	Oct 2025	UNLISTED BUYER	United States	Powder	388	NOS	$10.78	$4K	MUNDRA SEA	NEW YORK	SEA
18	Oct 2025	UNLISTED BUYER	United States	Cream	797	NOS	$20.92	$17K	MUNDRA SEA	New York	SEA
19	Oct 2025	UNLISTED BUYER	United States	Cream	492	NOS	$36.93	$18K	MUNDRA SEA	New York	SEA
20	Oct 2025	UNLISTED BUYER	United States	Cream	400	NOS	$37.36	$15K	MUNDRA SEA	New York	SEA
21	Dec 2025	UNLISTED BUYER	United States	Powder	415	NOS	$11.95	$5K	AHMEDABAD ICD	NEW YORK	ICD
22	Dec 2025	UNLISTED BUYER	United States	Powder	134	NOS	$11.95	$2K	AHMEDABAD ICD	LOS ANGELES	ICD
23	Dec 2025	UNLISTED BUYER	United States	Powder	206	NOS	$11.95	$2K	AHMEDABAD ICD	KANSAS CITY	ICD
SUPPLIER #3 — SYNAPSE PHARMATECH · 2 shipments · $24K
24	Oct 2025	UNLISTED BUYER	Guyana	Cream	2.5K	NOS	$2.19	$5K	AHMEDABAD AIR	GEORGETOWN	AIR
25	Nov 2025	TO THE ODER OF	Guyana	Cream	7.6K	NOS	$2.36	$18K	AHMEDABAD ICD	Georgetown	ICD
SUPPLIER #4 — GUDDU DUMRA (G.D) IMPEX PVT LTD · 1 shipments · $7K
26	Nov 2025	N V MISHRA HANDELSMAATSCHAPPIJ	Suriname	Cream	9.6K	NOS	$0.736	$7K	NHAVA SHEVA SEA (JNPT)	Paramaribo	SEA
SUPPLIER #5 — VEA IMPEX (I) PVT LTD · 6 shipments · $83.67
27	Dec 2025	UNLISTED BUYER	Dominica	Cream	50	NOS	$0.158	$7.90	MUMBAI AIR (SAHAR)	DOMINICA	AIR
28	Dec 2025	UNLISTED BUYER	Dominica	Cream	50	NOS	$0.220	$11.00	MUMBAI AIR (SAHAR)	DOMINICA	AIR
29	Dec 2025	UNLISTED BUYER	Dominica	Cream	20	NOS	$0.163	$3.27	MUMBAI AIR (SAHAR)	DOMINICA	AIR
30	Dec 2025	UNLISTED BUYER	Saint Lucia	Cream	250	NOS	$0.204	$51.03	MUMBAI AIR (SAHAR)	ST LUCIA	AIR
31	Dec 2025	UNLISTED BUYER	Saint Lucia	Cream	50	NOS	$0.204	$10.21	MUMBAI AIR (SAHAR)	ST LUCIA	AIR
32	Dec 2025	UNLISTED BUYER	Dominica	Cream	150	NOS	$0.0018	$0.270	MUMBAI AIR (SAHAR)	DOMINICA	AIR
SUPPLIER #6 — RUCHA ENTERPRISES · 12 shipments · $72.61
33	Nov 2025	UNLISTED BUYER	United States	Cream	6	NOS	$0.870	$5.22	MUMBAI AIR (SAHAR)	HOUSTON, INTERCONTIN	AIR
34	Nov 2025	UNLISTED BUYER	United States	Cream	12	NOS	$0.757	$9.09	MUMBAI AIR (SAHAR)	CHARLESTON, SC	AIR
35	Nov 2025	UNLISTED BUYER	United States	Cream	6	NOS	$0.841	$5.05	MUMBAI AIR (SAHAR)	HOUSTON, INTERCONTIN	AIR
36	Nov 2025	UNKNOWN BUYER	United States	Cream	12	NOS	$0.757	$9.09	MUMBAI AIR (SAHAR)	CHARLESTON, SC	AIR
37	Nov 2025	UNKNOWN BUYER	United States	Cream	6	NOS	$0.841	$5.05	MUMBAI AIR (SAHAR)	HOUSTON, INTERCONTIN	AIR
38	Nov 2025	UNLISTED BUYER	United States	Cream	12	NOS	$0.751	$9.01	MUMBAI AIR (SAHAR)	CHARLESTON, SC	AIR
39	Nov 2025	UNLISTED BUYER	United States	Cream	12	NOS	$0.705	$8.46	MUMBAI AIR (SAHAR)	HOUSTON, INTERCONTIN	AIR
40	Nov 2025	UNKNOWN BUYER	United States	Cream	12	NOS	$0.751	$9.01	MUMBAI AIR (SAHAR)	CHARLESTON, SC	AIR
41	Nov 2025	UNKNOWN BUYER	United States	Cream	12	NOS	$0.705	$8.46	MUMBAI AIR (SAHAR)	HOUSTON, INTERCONTIN	AIR
42	Nov 2025	UNLISTED BUYER	Canada	Cream	3	NOS	$0.779	$2.34	MUMBAI AIR (SAHAR)	Montreal-Doraval Apt	AIR
43	Dec 2025	TO THE M.T. MASTER OF EASTERLY LIME	United States	Cream	2	NOS	$0.900	$1.80	MUMBAI AIR (SAHAR)	HOUSTON, INTERCONTIN	AIR
44	Dec 2025	UNLISTED BUYER	Ecuador	Cream	3	NOS	$0.0089	$0.027	MUMBAI AIR (SAHAR)	GUAYAQUIL	AIR
SUPPLIER #7 — SARA TRADING CORP · 3 shipments · $55.24
45	Nov 2025	CARIMED TRADING	Saint Lucia	Cream	120	NOS	$0.230	$27.54	MUMBAI AIR (SAHAR)	ST LUCIA	AIR
46	Nov 2025	UNKNOWN BUYER	Saint Lucia	Cream	120	NOS	$0.230	$27.54	MUMBAI AIR (SAHAR)	ST LUCIA	AIR
47	Dec 2025	DALKHAN MEDICAL SUPPLIES LTD	Saint Lucia	Gel	4	NOS	$0.040	$0.162	MUMBAI AIR (SAHAR)	ST LUCIA	AIR
SUPPLIER #8 — ERIS OAKNET HEALTHCARE PVT LTD · 1 shipments · $47.56
48	Oct 2025	INDIES PHARMA JAMAICA LTD	Jamaica	Cream	1.6K	NOS	$0.030	$47.56	NHAVA SHEVA SEA (JNPT)	Kingston	SEA
SUPPLIER #9 — 3CUBE MEDICARE PVT LTD · 11 shipments · $32.25
49	Nov 2025	THE MASTER OF AFRICAN PELICAN SHIP	Panama	Cream	3	NOS	$0.785	$2.35	MUMBAI AIR (SAHAR)	PANAMA CITY -	AIR
50	Nov 2025	THE MASTER OF AFRICAN PELICAN SHIP	Panama	Cream	3	NOS	$0.785	$2.35	MUMBAI AIR (SAHAR)	PANAMA CITY -	AIR
51	Nov 2025	THE MASTER OF ARDMORE EXPORTER SHIP	United States	Cream	6	NOS	$0.636	$3.81	MUMBAI AIR (SAHAR)	HOUSTON, TX	AIR
52	Nov 2025	THE MASTER OF ARDMORE ENCOUNTER SH	Panama	Cream	2	NOS	$1.48	$2.96	MUMBAI AIR (SAHAR)	PANAMA CITY -	AIR
53	Nov 2025	THE MASTER OF ARDMORE ENCOUNTER SH	Panama	Cream	1	NOS	$2.78	$2.78	MUMBAI AIR (SAHAR)	PANAMA CITY -	AIR
54	Nov 2025	THE MASTER OF ARDMORE ENCOUNTER SH	Panama	Cream	3	NOS	$1.05	$3.14	MUMBAI AIR (SAHAR)	PANAMA CITY -	AIR
55	Dec 2025	THE MASTER OF X PRESS MOY	Panama	Cream	4	NOS	$0.811	$3.24	MUMBAI AIR (SAHAR)	PANAMA CITY -	AIR
56	Dec 2025	THE MASTER OF PLATA LUCKY	United States	Cream	3	NOS	$0.735	$2.20	MUMBAI AIR (SAHAR)	CORPUS CH	AIR
57	Dec 2025	THE MASTER OF MIZAR	Panama	Cream	2	NOS	$1.09	$2.18	MUMBAI AIR (SAHAR)	PANAMA CITY -	AIR
58	Dec 2025	THE MASTER OF MIZAR	Panama	Cream	6	NOS	$0.497	$2.98	MUMBAI AIR (SAHAR)	PANAMA CITY -	AIR
59	Dec 2025	THE MASTER OF SEAWAYS MIRAGE SHIP	United States	Cream	10	NOS	$0.423	$4.23	MUMBAI AIR (SAHAR)	NEW YORK	AIR
SUPPLIER #10 — NAMAN GLOBAL IMPEX PVT LTD · 1 shipments · $11.74
60	Dec 2025	UNKNOWN BUYER	Saint Lucia	Powder	40	NOS	$0.293	$11.74	MUMBAI AIR (SAHAR)	ST LUCIA	AIR
SUPPLIER #11 — TULSI MEDICAL & GENERAL STORES · 3 shipments · $6.52
61	Nov 2025	UNLISTED BUYER	Jamaica	Cream	8	NOS	$0.497	$3.98	MUMBAI AIR (SAHAR)	KINGSTON	AIR
62	Nov 2025	UNLISTED BUYER	United States	Cream	5	NOS	$0.501	$2.51	MUMBAI AIR (SAHAR)	HOUSTON, INTERCONTIN	AIR
63	Dec 2025	UNLISTED BUYER	Panama	Cream	6	NOS	$0.0064	$0.038	MUMBAI AIR (SAHAR)	PANAMA CITY -	AIR
SUPPLIER #12 — NEW STAR ENTERPRISES · 1 shipments · $1.74
64	Dec 2025	TO THER ORDER OF	Trinidad and Tobago	Cream	450	NOS	$0.0039	$1.74	MUMBAI AIR (SAHAR)	PORT OF SPAIN, PIARC	AIR

10

PART VI — DRILL-DOWN · OCEANIA

Region: Oceania

4 countries · 17 shipments · $84K · 8 Indian suppliers · 8 buyers

SHIPMENTS

17

USD

$84K

COUNTRIES

4

SUPPLIERS

8

BUYERS

8

HHI

6,948

concentrated

Top 4 destination countries in Oceania

1

New Zealand (99.4%)

$84K

2

Papua New Guinea (0.4%)

$346.55

3

Australia (0.2%)

$128.30

4

Nauru (0.0%)

$3.06

Top 8 Indian suppliers into Oceania

1

CIPLA LTD

$68K

2

ENCUBE ETHICALS PVT LTD

$15K

3

CHOUDHARI IMPEX

$196.72

4

ARIHANT EXPORTERS

$149.83

5

SYNERGY TRADING

$107.25

6

TULSI MEDICAL & GENERAL STORES

$17.84

7

3CUBE MEDICARE PVT LTD

$3.20

8

HLL LIFECARE LTD

$3.06

Top 6 Oceania importers

1

HELLMANN WORLDWIDE LOGISTICS · New Zealand

$68K

2

AFT PHARMACEUTICALS LTD · New Zealand

$15K

3

SESAGO HEALTHCARE LTD · Papua New Guinea

$149.83

4

REPUBLIC OF NAURU, DEPARTMENT OF · Australia

$71.35

5

THE MASTER OF GAS BLOSSOM SHIP SPA · Australia

$3.20

6

REPUBLIC OF NAURU - DEPARTMENT OF H · Nauru

$3.06

Top 4 dosage forms

1

Cream

$69K

2

tubes

$15K

3

Injection

$196.72

4

Ointment

$17.84

Monthly trend

Month	Ships	USD	Avg/ship
Oct	4	$39K	$10K
Nov	11	$30K	$3K
Dec	2	$15K	$8K

Shipment register · 17 rows · grouped by exporter

#	Date	Importer	Country	Dosage	Qty	Unit	Unit $	Total $	Origin	Dest	Mode
SUPPLIER #1 — CIPLA LTD · 7 shipments · $68K
1	Oct 2025	HELLMANN WORLDWIDE LOGISTICS	New Zealand	Cream	24.8K	NOS	$0.390	$10K	NHAVA SHEVA SEA (JNPT)	Auckland	SEA
2	Oct 2025	HELLMANN WORLDWIDE LOGISTICS	New Zealand	Cream	25.2K	NOS	$0.390	$10K	NHAVA SHEVA SEA (JNPT)	Auckland	SEA
3	Oct 2025	HELLMANN WORLDWIDE LOGISTICS	New Zealand	Cream	24.8K	NOS	$0.390	$10K	NHAVA SHEVA SEA (JNPT)	Auckland	SEA
4	Oct 2025	HELLMANN WORLDWIDE LOGISTICS	New Zealand	Cream	25.2K	NOS	$0.390	$10K	NHAVA SHEVA SEA (JNPT)	Auckland	SEA
5	Nov 2025	HELLMANN WORLDWIDE LOGISTICS	New Zealand	Cream	25.2K	NOS	$0.389	$10K	NHAVA SHEVA SEA (JNPT)	Auckland	SEA
6	Nov 2025	HELLMANN WORLDWIDE LOGISTICS	New Zealand	Cream	25.2K	NOS	$0.389	$10K	NHAVA SHEVA SEA (JNPT)	Auckland	SEA
7	Nov 2025	HELLMANN WORLDWIDE LOGISTICS	New Zealand	Cream	25.2K	NOS	$0.389	$10K	NHAVA SHEVA SEA (JNPT)	Auckland	SEA
SUPPLIER #2 — ENCUBE ETHICALS PVT LTD · 1 shipments · $15K
8	Dec 2025	AFT PHARMACEUTICALS LTD	New Zealand	tubes	64.4K	NOS	$0.236	$15K	NHAVA SHEVA SEA (JNPT)	Auckland	SEA
SUPPLIER #3 — CHOUDHARI IMPEX · 1 shipments · $196.72
9	Nov 2025	UNLISTED BUYER	Papua New Guinea	Injection	400	NOS	$0.492	$196.72	CHENNAI SEA	Port Moresby	SEA
SUPPLIER #4 — ARIHANT EXPORTERS · 1 shipments · $149.83
10	Nov 2025	SESAGO HEALTHCARE LTD	Papua New Guinea	Cream	1.0K	PCS	$0.150	$149.83	MUMBAI AIR (SAHAR)	PORT MORESBY	AIR
SUPPLIER #5 — SYNERGY TRADING · 3 shipments · $107.25
11	Nov 2025	REPUBLIC OF NAURU, DEPARTMENT OF	Australia	Cream	200	NOS	$0.177	$35.45	MUMBAI AIR (SAHAR)	BRISBANE	AIR
12	Nov 2025	REPUBLIC OF NAURU, DEPARTMENT OF	Australia	Cream	200	NOS	$0.180	$35.90	MUMBAI AIR (SAHAR)	BRISBANE	AIR
13	Nov 2025	UNKNOWN BUYER	Australia	Cream	200	NOS	$0.180	$35.90	MUMBAI AIR (SAHAR)	BRISBANE	AIR
SUPPLIER #6 — TULSI MEDICAL & GENERAL STORES · 2 shipments · $17.84
14	Nov 2025	UNLISTED BUYER	Australia	Ointment	5	NOS	$1.78	$8.92	MUMBAI AIR (SAHAR)	MELBOURNE	AIR
15	Nov 2025	UNKNOWN BUYER	Australia	Ointment	5	NOS	$1.78	$8.92	MUMBAI AIR (SAHAR)	MELBOURNE	AIR
SUPPLIER #7 — 3CUBE MEDICARE PVT LTD · 1 shipments · $3.20
16	Nov 2025	THE MASTER OF GAS BLOSSOM SHIP SPA	Australia	Cream	6	NOS	$0.534	$3.20	MUMBAI AIR (SAHAR)	MELBOURNE	AIR
SUPPLIER #8 — HLL LIFECARE LTD · 1 shipments · $3.06
17	Dec 2025	REPUBLIC OF NAURU - DEPARTMENT OF H	Nauru	Cream	150	NOS	$0.020	$3.06	DELHI AIR	NAURU ISLAND	AIR

10

PART VI — EVIDENCE REGISTER

Indian Supplier Directory

All 93 Indian miconazole exporters — complete list ranked by USD

KEY TAKEAWAY This directory lists every Indian company that shipped miconazole in 2025-Q4.

S FOR SUPPLIERS

Find yourself and your competitors. Compare shipment count, USD, and destination regions.

B FOR BUYERS

Search for potential Indian suppliers. Filter by dosage form and destination region.

#	Supplier	City	Ships	USD	Dosage forms	Primary regions
1	ENCUBE ETHICALS PVT LTD	GOA	16	$442K	Cream, tubes	Americas, Oceania
2	S KANT HEALTHCARE LTD	WORLI	7	$150K	Cream, Other, Ointment	Africa, Asia
3	J B CHEMICALS AND PHARMACEUTICALS LTD	MUMBAI	2	$113K	vaginal cream, Cream	Africa
4	CIPLA LTD	MUMBAI	9	$104K	Cream	Asia, Oceania
5	UMENDRA EXPORTS PVT LTD	NEW DELHI	8	$101K	Cream, Powder	Americas
6	GALENTIC PHARMA INDIA PVT LTD	ANDHERI(EAST)	2	$54K	Gel	Europe, Asia
7	LESANTO EXPORTS LLP	MUMBAI	1	$39K	Cream	Asia
8	MICRO LABS LTD	PATNA	5	$39K	Cream, Ointment	Asia
9	MEPRO PHARMACEUTICALS PVT LTD	DIST SURENDRANAGAR	4	$36K	Cream	Asia, Europe
10	CENTRAL DRUGS AND PHARMACEUTICALS	CHENNAI	3	$35K	Cream, Ointment	Asia
11	CENTAUR PHARMACEUTICALS PVT LTD	MUMBAI	7	$26K	Cream, Gel	Africa
12	SHALINA LABORATORIES PVT LTD	MUMBAI	4	$24K	vaginal tablet, Ointment, Tablet	Africa
13	SYNAPSE PHARMATECH	AHMEDABAD	2	$24K	Cream	Americas
14	STAR ENTERPRISES	TILAK NAGAR	1	$23K	Ointment	Asia
15	LOB INTERNATIONAL	B M BHARGAV ROAD	1	$21K	Ointment	Asia
16	MARKSANS PHARMA LTD	MUMBAI SUBURBAN	2	$19K	Suppository, vaginal suppository	Asia
17	SANDOZ PVT LTD	NAVI MUMBAI	1	$18K	Tablet	Asia
18	HALEWOOD LABORATORIES PVT LTD	AHMEDABAD	4	$17K	Gel	Asia
19	KAISER EXPORTS	S.V.ROAD	3	$17K	Cream	Africa, Europe
20	ACCELIUS GLOBAL	AHMEDABAD	1	$16K	Cream	Asia
21	LABORATE PHARMACEUTICALS INDIA LTD	HIMANCHAL PRADESH	1	$15K	Cream	Asia
22	MEDICO REMEDIES LTD	PALGHAR WEST	3	$12K	Cream	Africa
23	GLENMARK PHARMACEUTICALS LTD	Village - Vadape	2	$10K	Ointment	Africa
24	AGIO PHARMACEUTICALS LTD	MUMBAI	1	$10K	Cream	Asia
25	BDA HEALTH CARE PVT LTD	NAGPUR	2	$9K	Capsule, Tablet	Europe
26	V 2 IMPEX	AHMEDABAD	2	$8K	Cream	Africa
27	BHUMI PHARMACEUTICALS	VADODARA	1	$8K	Cream	Africa
28	MULTICO EXPORTS PVT LTD	AHMEDABAD	1	$7K	Cream	Asia
29	GUDDU DUMRA (G.D) IMPEX PVT LTD	AHMEDABAD	1	$7K	Cream	Americas
30	CURETECH SKINCARE	N/A	1	$7K	Ointment	Africa
31	EVEREST HEALTH CARE	AHMEDABAD	2	$7K	Cream	Africa
32	ANCALIMA LIFESCIENCES LTD	SONEPAT /HRY/	1	$6K	Cream	Africa
33	R.B. INTERNATIONAL	NEW DELHI	2	$6K	Spray, Serum	Asia
34	MEDOPHARM	GUDUVANCHERY	4	$6K	Tablet	Asia
35	JMB PHARMACEUTICALS PVT LTD	MUMBAI	2	$6K	Cream	Africa
36	DEN MARK PHARMACEUTICALS PVT LTD	MUMBAI	2	$5K	Cream, resuspension	Asia, Africa
37	MIHIKA PHARMACEUTICALS	MUMBAI	1	$5K	Suspension	Africa
38	AGOG PHARMA LTD	VASAI EAST	1	$4K	Cream	Africa
39	BLUE CROSS LABORATORIES PVT LTD	GA	1	$4K	Cream	Asia
40	YASHWIN HEALTH CARE	SONIPAT	1	$3K	Cream	Africa
41	RONAK EXIM PVT LTD	VADODARA	1	$3K	Cream	Africa
42	SANJEEVANI BIO-TECH EXIM PVT LTD	AHMEDABAD	2	$3K	Gel	Africa
43	S K AGE EXPORTS	MUMBAI	1	$2K	Cream	Africa
44	ARISTO PHARMACEUTICALS PVT LTD	RAISEN	5	$2K	Injection	Asia
45	UBIK SOLUTIONS PVT LTD	RAJKOT	2	$2K	Lotion	Asia
46	KIAANZ BIOTECH	N/A	1	$2K	Cream	Africa
47	AURA PHARMACEUTICALS PVT LTD	MUMBAI M S	2	$2K	Cream	Africa
48	SONIA LABORATORY PVT LTD	VADODARA	2	$2K	Cream	Africa
49	SIXER TRADING PVT LTD	THANE	1	$2K	Cream	Africa
50	KARNATAKA ANTIBIOTICS AND PHARMACEUTICALS LTD	BENGALURU	2	$1K	Solution	Asia
51	VIVALDIS HEALTH AND FOODS PVT LTD	PUNE	4	$1K	Spray, Lotion	Asia
52	FOURRTS (INDIA) LABORATORIES PVT LTD	CHENNAI	4	$1K	Cream	Africa
53	MANEESH PHARMACEUTICALS LTD	MUMBAI MAHARASHTRA	1	$1K	Gel	Africa
54	LAVITA PHARMA PVT LTD	AHMEDABAD	2	$1K	Cream	Africa
55	SAVA HEALTHCARE LTD	PUNE	1	$881.70	Spray	Asia
56	AKRITI PHARMACEUTICALS PVT LTD	THANE WEST	1	$829.50	Cream	Asia
57	SYNCOM FORMULATIONS (INDIA) LTD	PITHAMPUR	1	$388.67	Cream	Africa
58	M T MADON EXPORTS	MUMBAI	1	$379.86	Cream	Asia
59	RUCHA ENTERPRISES	MUMBAI	57	$374.96	Cream	Americas, Africa
60	NU HOSPITALS PVT LTD	BENGALURU	1	$270.75	Gel	Asia
61	GARY PHARMACEUTICALS PVT LTD	LUDHIANA	1	$264.97	Cream	Africa
62	CHOUDHARI IMPEX	CHENNAI	3	$257.11	Cream, Injection	Africa, Oceania
63	NUMED PHARMA DISTRIBUTOR	MANGAON	6	$255.65	Cream	Africa
64	AKASH PHARMA EXPORTS	PALAKKAD	1	$204.80	Cream	Africa
65	3CUBE MEDICARE PVT LTD	Mumbai	58	$190.94	Cream, Gel, pessary	Americas, Asia
66	SHYVEE HEALTHCARE PVT LTD	BAWANA INDUSTRIAL AREA	1	$177.54	Cream	Asia
67	ARIHANT EXPORTERS	SURENDRANAGAR	1	$149.83	Cream	Oceania
68	SYNERGY TRADING	VADODARA/GUJARAT	3	$107.25	Cream	Oceania
69	MEDMATRIX ASSOCIATES	AMBALA	1	$102.05	Cream	Asia
70	AALTOP HEALTHCARE PVT LTD	MUMBAI	2	$96.83	Cream	Asia
71	VEA IMPEX (I) PVT LTD	MUMBAI	8	$87.38	Cream, Gel, Shampoo	Americas, Africa
72	SANSKRUTI PHARMA	SURAT	3	$86.78	Ointment	Africa
73	LARK LABORATORIES (INDIA) LTD	NEW DELHI	3	$81.31	Gel, Capsule, Syrup	Asia
74	MEDMALL PHARMACY PVT LTD	HYDERABAD	1	$75.92	Ointment	Africa
75	TRIWELT EXPORTS	MADURAI	1	$55.93	Powder	Africa
76	SARA TRADING CORP	JABALPUR	3	$55.24	Cream, Gel	Americas
77	TULSI MEDICAL & GENERAL STORES	MUMBAI	10	$51.36	Cream, Ointment	Americas, Oceania
78	DRIVECURE HEALTHCARE PVT LTD	PUNE	1	$49.77	Cream	Africa
79	ERIS OAKNET HEALTHCARE PVT LTD	BANGALORE	1	$47.56	Cream	Americas
80	CAPSTONE EXPORT & IMPORT	CHENNAI	2	$47.13	Vial, Cream	Africa
81	DERRIC WOOD	SUBHASH PLACE	17	$44.92	Gel, Tablet, Cream	Asia
82	CLEARSYNTH LABS LTD	MEDCHAL MALKAJGIRI	1	$39.27	Tablet	Asia
83	CORDIAL PHARMACY	NEW DELHI	1	$38.54	Ointment	Africa
84	PUROBIEN LIFESCIENCES PVT LTD	BADLI INDUSTRIAL ESTATE	2	$35.51	Gel	Europe
85	GREENSHIP EXPORTS	KOTTAKKAL	1	$32.53	Ointment	Asia
86	MEDIX	CHENNAI	1	$27.47	Gel	Asia
87	SANITAS MEDTECH INSTITUTE PVT LTD	Narhen	1	$26.28	Cream	Asia
88	RAFAIS	Mangalore	2	$18.84	Cream	Africa
89	RUSHI MARKETING	AHMEDABAD	1	$17.97	Cream	Africa
90	NAMAN GLOBAL IMPEX PVT LTD	MUMBAI	1	$11.74	Powder	Americas
91	HLL LIFECARE LTD	UTTAR PRADESH	1	$3.06	Cream	Oceania
92	NEW STAR ENTERPRISES	MUMBAI	1	$1.74	Cream	Americas
93	NALIINI.R.EXPORT PVT LTD	CHENNAI	1	$0.0000	Cream	Africa

10

PART VI — EVIDENCE REGISTER

Global Buyer Directory

All 113 global miconazole importers — complete list ranked by USD

KEY TAKEAWAY This directory lists every company that imported Indian miconazole in 2025-Q4.

S FOR SUPPLIERS

Search for potential customers by country and dosage form.

B FOR BUYERS

Find your company and see which Indian supplier serves you.

#	Buyer	Country	Ships	USD	Primary supplier	Dosage forms
1	PL DEVELOPMENTS	United States	12	$350K	ENCUBE ETHICALS PVT …	Cream
2	BIOTECH LABORATORIES (PTY) LTDDELIV	South Africa	2	$113K	J B CHEMICALS AND PH…	vaginal cream, Cream
3	H2-PHARMA LLC	United States	3	$76K	ENCUBE ETHICALS PVT …	Cream
4	HELLMANN WORLDWIDE LOGISTICS	New Zealand	7	$68K	CIPLA LTD	Cream
5	AMETHYST CO LTD	Myanmar	1	$39K	LESANTO EXPORTS LLP	Cream
6	MEDECINS SA	France	1	$38K	GALENTIC PHARMA INDI…	Gel
7	BREATHEFREE LANKA PVT LTD	Sri Lanka	2	$36K	CIPLA LTD	Cream
8	RAHUL PHARMA	Nepal	4	$30K	MICRO LABS LTD	Cream, Ointment
9	PHARMA ASSOCIATES	Sri Lanka	2	$24K	CENTRAL DRUGS AND PH…	Cream, Ointment
10	SHALINA HEALTHCARE (K) LTDSHALINA H	Kenya	2	$21K	SHALINA LABORATORIES…	Ointment
11	IMPERIAL MEDICAL SOLUTIONS FZE	United Arab Emirates	2	$20K	MEPRO PHARMACEUTICAL…	Cream
12	MERPROJE LOJISTIK ULUSLARARASI TASI	Turkey	2	$19K	MARKSANS PHARMA LTD	Suppository, vaginal suppository
13	ZUELLIG PHARMA LTD	Hong Kong	1	$18K	SANDOZ PVT LTD	Tablet
14	TO THE ODER OF	Guyana	1	$18K	SYNAPSE PHARMATECH	Cream
15	BLUBARCO FOR TRADING AND SHIPPING	Jordan	4	$17K	HALEWOOD LABORATORIE…	Gel
16	ASTRA PHARMA (T) LTD	Tanzania	6	$17K	CENTAUR PHARMACEUTIC…	Cream, Gel
17	UNICEF BEIRUT	Lebanon	1	$16K	GALENTIC PHARMA INDI…	Gel
18	AFT PHARMACEUTICALS LTD	New Zealand	1	$15K	ENCUBE ETHICALS PVT …	tubes
19	PHARMA VISION PTY LTD	Botswana	2	$10K	GLENMARK PHARMACEUTI…	Ointment
20	IDA TRADING MEA	United Arab Emirates	1	$10K	MEPRO PHARMACEUTICAL…	Cream
21	SAI PHARMACEUTICALS KENYA LTD	Kenya	1	$9K	CENTAUR PHARMACEUTIC…	Gel
22	E.P.DIS	France	2	$9K	BDA HEALTH CARE PVT …	Capsule, Tablet
23	CHAO SA	Nepal	1	$8K	MICRO LABS LTD	Cream
24	PRINCE FARMA SA	Angola	2	$8K	V 2 IMPEX	Cream
25	SBR GROUP OF COMPANIES	Liberia	1	$8K	BHUMI PHARMACEUTICALS	Cream
26	LEGEND CREATIVES CO LTD	Myanmar	1	$7K	MULTICO EXPORTS PVT …	Cream
27	N V MISHRA HANDELSMAATSCHAPPIJ	Suriname	1	$7K	GUDDU DUMRA (G.D) IM…	Cream
28	SUN ENTERPRISES LTDOGALI,KJYOVU NYA	Rwanda	1	$7K	CURETECH SKINCARE	Ointment
29	IMRES BV	Netherlands	1	$7K	MEPRO PHARMACEUTICAL…	Cream
30	SOCIETE PHARMACEUTIQUE	Cameroon	1	$6K	ANCALIMA LIFESCIENCE…	Cream
31	LLC CO UNIT BRAND	Uzbekistan	2	$6K	R.B. INTERNATIONAL	Spray, Serum
32	TUSHU PHARMA SARL	Senegal	2	$6K	MEDICO REMEDIES LTD	Cream
33	UNICHEM (GHANA) LTD	Ghana	1	$6K	KAISER EXPORTS	Cream
34	NEWA DRUG DISTRIBUTORS PVT LTD	Nepal	4	$6K	MEDOPHARM	Tablet
35	DISTRIMEX	France	1	$5K	KAISER EXPORTS	Cream
36	PMSS LTD	Kenya	1	$4K	AGOG PHARMA LTD	Cream
37	FARMANURA PVT LTD	Nepal	1	$4K	BLUE CROSS LABORATOR…	Cream
38	GOLDEN PHARMA LTD	Kenya	1	$3K	EVEREST HEALTH CARE	Cream
39	RELIEF PHARMA SARL	Cameroon	1	$3K	EVEREST HEALTH CARE	Cream
40	SHALINA HEALTHCARE SARL	Tanzania	2	$3K	SHALINA LABORATORIES…	vaginal tablet, Tablet
41	SWISSTA PHARMACEUTICALS LTD	Kenya	1	$3K	YASHWIN HEALTH CARE	Cream
42	FATIMA HEALTHCARE LTD	Tanzania	1	$3K	JMB PHARMACEUTICALS …	Cream
43	ROXIN GHANA LTD	Ghana	1	$3K	RONAK EXIM PVT LTD	Cream
44	UNIQUE TRADE LINK PVT LTD	Nepal	5	$2K	ARISTO PHARMACEUTICA…	Injection
45	SAMADHAN ENTERPRISE	Bangladesh	2	$2K	UBIK SOLUTIONS PVT LTD	Lotion
46	ROSHANE PHARMA SARL	Tanzania	1	$2K	KIAANZ BIOTECH	Cream
47	SVPP SARL	Senegal	1	$2K	SIXER TRADING PVT LTD	Cream
48	BHAJURATNA PHARMA (PVT) LTD	Nepal	2	$1K	KARNATAKA ANTIBIOTIC…	Solution
49	SAILPOINT INTEGRATED	Nigeria	1	$1K	MANEESH PHARMACEUTIC…	Gel
50	SPC(SOCIETE PHARMACEUTIQUE DU	Cameroon	2	$1K	FOURRTS (INDIA) LABO…	Cream
51	SELLCO TRADING INTL FZCO	United Arab Emirates	1	$881.70	SAVA HEALTHCARE LTD	Spray
52	DERMAN LUKMAN GURALLARY ECONOMIC SO	Turkmenistan	1	$829.50	AKRITI PHARMACEUTICA…	Cream
53	BMS TIBBI MALZEMELER VE ILAC ITHALA	Turkey	1	$379.86	M T MADON EXPORTS	Cream
54	STATE TRADING ORGANIZATION PLC	Maldives	1	$270.75	NU HOSPITALS PVT LTD	Gel
55	MAFF NIGERIA LTD	Nigeria	1	$264.97	GARY PHARMACEUTICALS…	Cream
56	LIFELINE PHARMACEUTICALS OF	Lesotho	6	$255.65	NUMED PHARMA DISTRIB…	Cream
57	AMDJERAS FIELD HOSPITAL	Chad	1	$204.80	AKASH PHARMA EXPORTS	Cream
58	SHAMS AMIRI LTD	Afghanistan	1	$177.54	SHYVEE HEALTHCARE PV…	Cream
59	SESAGO HEALTHCARE LTD	Papua New Guinea	1	$149.83	ARIHANT EXPORTERS	Cream
60	GULF IMPEX FZC	Afghanistan	1	$102.05	MEDMATRIX ASSOCIATES	Cream
61	ALSTERN MARINE & OFFSHORE PTE LTD	Singapore	2	$96.83	AALTOP HEALTHCARE PV…	Cream
62	PRISM INTERNATIONAL LLC	Seychelles	1	$75.92	MEDMALL PHARMACY PVT…	Ointment
63	HALAPHARMA FOR DRUGS	Sudan	2	$74.55	FOURRTS (INDIA) LABO…	Cream
64	REPUBLIC OF NAURU, DEPARTMENT OF	Australia	2	$71.35	SYNERGY TRADING	Cream
65	DRRAJA POLYCLINIC (LICENCE NUMBER	Seychelles	1	$55.93	TRIWELT EXPORTS	Powder
66	TO THE INVOICE RAISED TO MANGER OF	Seychelles	1	$49.77	DRIVECURE HEALTHCARE…	Cream
67	INDIES PHARMA JAMAICA LTD	Jamaica	1	$47.56	ERIS OAKNET HEALTHCA…	Cream
68	EMIRATES POST COMPANY	United Arab Emirates	16	$43.14	DERRIC WOOD	Gel, Tablet, Cream
69	HAMAD SA	Kuwait	1	$39.27	CLEARSYNTH LABS LTD	Tablet
70	YEEMAS PHARMACEUTICALS AND	Nigeria	1	$38.54	CORDIAL PHARMACY	Ointment
71	PLANET PHARMA SA	France	2	$35.51	PUROBIEN LIFESCIENCE…	Gel
72	THE MASTER OF LOS ANGELES SPIRIT	Germany	8	$35.49	3CUBE MEDICARE PVT LTD	Cream
73	M/SKOTTAKAL AYURVEDIC MEDICALS LLC	United Arab Emirates	1	$32.53	GREENSHIP EXPORTS	Ointment
74	THE OWNERS / MASTER OF MT. SAN BART	Senegal	3	$28.88	RUCHA ENTERPRISES	Cream
75	THE MASTER OF GH CHRISTIE SHIP SPA	South Korea	9	$28.21	3CUBE MEDICARE PVT LTD	Cream, Gel, Suppository
76	CARIMED TRADING	Saint Lucia	1	$27.54	SARA TRADING CORP	Cream
77	MOHAN MUTHA EXPORTS PVT LTD	Maldives	1	$27.47	MEDIX	Gel
78	SUCCESS INTER LINK PTE LTD	Singapore	1	$26.28	SANITAS MEDTECH INST…	Cream
79	NASHAAD PHARMA & SURGICAL	Somalia	2	$18.84	RAFAIS	Cream
80	BAPA KAZADI	DR Congo	1	$17.97	RUSHI MARKETING	Cream
81	THE MASTER OF SEAL ISLAND SHIP SPAR	Japan	4	$13.79	3CUBE MEDICARE PVT LTD	Gel, pessary, Cream
82	THE MASTER OF ARDMORE ENCOUNTER SH	Panama	3	$8.89	3CUBE MEDICARE PVT LTD	Cream
83	THE MASTER OF SHELTER ISLAND	Netherlands	2	$8.06	3CUBE MEDICARE PVT LTD	Cream
84	THE MASTER OF GH ANGELOU SHIP SPA	South Korea	2	$6.54	3CUBE MEDICARE PVT LTD	Other, Cream
85	THE MASTER OF SKOMER ISLAND	Singapore	2	$6.08	3CUBE MEDICARE PVT LTD	pessary, Cream
86	THE MASTER OF EMERALD SPIRIT	Singapore	2	$5.70	3CUBE MEDICARE PVT LTD	Cream
87	THE MASTER OF MIZAR	Panama	2	$5.17	3CUBE MEDICARE PVT LTD	Cream
88	THE MASTER OF X PRESS SA	Spain	2	$4.86	3CUBE MEDICARE PVT LTD	Cream
89	THE MASTER OF AFRICAN PELICAN SHIP	Panama	2	$4.71	3CUBE MEDICARE PVT LTD	Cream
90	FUJI TRANSPORT SYSTEMS (ROTTER	Netherlands	1	$4.24	RUCHA ENTERPRISES	Cream
91	THE MASTER OF SEAWAYS MIRAGE SHIP	United States	1	$4.23	3CUBE MEDICARE PVT LTD	Cream
92	THE MASTER OF ARDMORE EXPORTER SHIP	United States	1	$3.81	3CUBE MEDICARE PVT LTD	Cream
93	THE MASTER OF MEDITERRANEAN EXPRES	Belgium	1	$3.48	3CUBE MEDICARE PVT LTD	Cream
94	THE MASTER OF EA CETUS SHIP SPA	Singapore	1	$3.34	3CUBE MEDICARE PVT LTD	Cream
95	THE MASTER OF SEAWAYS MUSE SHIP SPA	Netherlands	1	$3.30	3CUBE MEDICARE PVT LTD	Cream
96	THE MASTER OF X PRESS MOY	Panama	1	$3.24	3CUBE MEDICARE PVT LTD	Cream
97	THE MASTER OF EA NODDY	Netherlands	1	$3.23	3CUBE MEDICARE PVT LTD	Cream
98	THE MASTER OF GAS BLOSSOM SHIP SPA	Australia	1	$3.20	3CUBE MEDICARE PVT LTD	Cream
99	REPUBLIC OF NAURU - DEPARTMENT OF H	Nauru	1	$3.06	HLL LIFECARE LTD	Cream
100	THE MASTER OF MH GREEN SHIP SPA	Singapore	1	$3.04	3CUBE MEDICARE PVT LTD	Cream
101	THE MASTER OF GAS XANADU	Netherlands	1	$3.01	3CUBE MEDICARE PVT LTD	Cream
102	THE MASTER OF AFRICAN BUZZARD SHIP	South Africa	1	$2.98	3CUBE MEDICARE PVT LTD	Cream
103	THE MASTER OF X PRESS ODYSSEY SHIP	Singapore	1	$2.89	3CUBE MEDICARE PVT LTD	Cream
104	THE MASTER OF X PRESS ELBE	Netherlands	1	$2.66	3CUBE MEDICARE PVT LTD	Suppository
105	THE MASTER OF X PRESS GODAVARI	Netherlands	1	$2.59	3CUBE MEDICARE PVT LTD	Cream
106	THE MASTER OF X PRESS MULHACEN	Netherlands	1	$2.44	3CUBE MEDICARE PVT LTD	Cream
107	THE MASTER OF PLATA LUCKY	United States	1	$2.20	3CUBE MEDICARE PVT LTD	Cream
108	TO THE M.T. MASTER OF EASTERLY LIME	United States	1	$1.80	RUCHA ENTERPRISES	Cream
109	TO THER ORDER OF	Trinidad and Tobago	1	$1.74	NEW STAR ENTERPRISES	Cream
110	FUJI GLOBAL LOGISTICS CO LTD	South Korea	1	$1.39	RUCHA ENTERPRISES	Cream
111	DALKHAN MEDICAL SUPPLIES LTD	Saint Lucia	1	$0.162	SARA TRADING CORP	Gel
112	MASTER OF M.V. ETERNITY DIVA	Japan	1	$0.116	RUCHA ENTERPRISES	Cream
113	CENTRAL POINT PHARMACY	Seychelles	1	$0.0000	NALIINI.R.EXPORT PVT…	Cream

This report covers 348 2025-Q4 Miconazole shipments. TransData Nexus tracks 3.37M+ shipments across all pharmaceuticals since 2020. → transdatanexus.com/pharmaceutical/miconazole

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PHARMA TRADE INTELLIGENCE

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This report is part of the TransData Nexus Pharma Trade Intelligence series, covering 366 pharmaceutical products exported from India.

Every figure is grounded in real commercial trade records — official customs filings and licensed databases. No surveys, no estimates, no fake data.

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© 2026 TransData Nexus. All rights reserved. This report is provided for informational purposes only. Data sourced from official customs filings and licensed commercial trade databases. Reproduction without permission is prohibited.

Miconazole — Export Intelligence Report

Miconazole

§2.1 Reporting parameters · the scope of this 2025-Q4 Miconazole India trade report

§2.2 Our quality process · Figure 2.1

§2.3 Trust signals · what you can rely on in the numbers you read

§2.4 Limitations · what the data does and does not tell you

§3.1 Monthly summary

§4.1 Top 10 bilateral trade lanes (India → destination) with top Indian suppliers

§4.2 Destination concentration

Product variety — how many formulations each supplier ships

§5.1 Supplier concentration metrics

§5.2 Coming next: 4 exporter deep-dive profiles

ENCUBE ETHICALS PVT LTD

ENCUBE ETHICALS PVT LTD — Supplier → Country → Importer

S KANT HEALTHCARE LTD

S KANT HEALTHCARE LTD — Supplier → Country → Importer

CIPLA LTD

CIPLA LTD — Supplier → Country → Importer

CENTAUR PHARMACEUTICALS PVT LTD

CENTAUR PHARMACEUTICALS PVT LTD — Supplier → Country → Importer

§6.1 Sourcing diversity — how many Indian suppliers does each buyer use?

§6.2 Single-source lock-in by country

§6.3 Price positioning — top 25 importers

§7.1 Price distribution · Table 7.1

§7.2 Outlier forensics — top 10 highest and 10 lowest unit prices

§7.3 Procurement cheat sheet — median USD/unit by country × dosage

§8.1 Reference transit times for key India → global corridors

§9.1 Single-source dependencies

§9.2 Multi-source resilience

§9.3 Sourcing recommendations · Table 9.1

§9.4 Easy-entry markets — 15 countries with ≤5 Indian suppliers

§10.1 Global totals

§10.2 Regional breakdown

§10.3 Key insights from the data

§10.4 How to read a country page

Top 23 destination countries in Africa

Top 30 Indian suppliers into Africa

Top 30 Africa importers

Top 10 dosage forms

Monthly trend

Shipment register · 90 rows · grouped by exporter

Top 22 destination countries in Asia

Top 30 Indian suppliers into Asia

Top 30 Asia importers

Top 10 dosage forms

Monthly trend

Shipment register · 131 rows · grouped by exporter

Top 9 destination countries in Europe

Top 8 Indian suppliers into Europe

Top 16 Europe importers

Top 5 dosage forms

Monthly trend

Shipment register · 46 rows · grouped by exporter

Top 10 destination countries in Americas

Top 12 Indian suppliers into Americas

Top 16 Americas importers

Top 3 dosage forms

Monthly trend

Shipment register · 64 rows · grouped by exporter

Top 4 destination countries in Oceania

Top 8 Indian suppliers into Oceania

Top 6 Oceania importers

Top 4 dosage forms

Monthly trend

Shipment register · 17 rows · grouped by exporter

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