India to Canada: Apixaban Export Trade Route
India has recorded 673 verified shipments of Apixaban exported to Canada, representing a combined trade value of $33.0M USD. This corridor is served by 13 active Indian exporters, with an average shipment value of $49.0K USD. The leading Indian exporter is APOTEX RESEARCH PRIVATE LIMITED, which accounts for 54% of total export value with 297 shipments worth $17.8M USD. On the buying side, APOTEX INC, is the largest importer in Canada with $7.0M USD in purchases. The top 3 suppliers — APOTEX RESEARCH PRIVATE LIMITED, APOTEX RESEARCH PRIVATE LIMITED , INTAS PHARMACEUTICALS LIMITED — together control 70% of total trade value on this route. All data sourced from Indian Customs (DGFT) shipping bill records. Values reported in FOB USD.

Route Intelligence Overview
The India to Canada Apixaban corridor is one of India's established pharmaceutical export routes, with 673 shipments documented worth a combined $33.0M USD. The route is dominated by APOTEX RESEARCH PRIVATE LIMITED, which alone accounts for roughly 54% of all export value, reflecting the consolidated nature of India's apixaban manufacturing sector.
Across 13 active suppliers, the average shipment value stands at $49.0K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 80% of all shipments, consistent with apixaban's non-urgent bulk-order profile.
Shipment activity peaks during January–March, with an average transit time of 18 days port-to-port. The route has recorded an annual growth rate of 19.0%, placing it at rank #9 among India's top apixaban export destinations globally.
On the import side, key buyers of Indian apixaban in Canada include APOTEX INC,, APOTEX INC, APOTEX INC,-4100 WESTON ROAD and 38 others. APOTEX INC, is the single largest importer with 113 shipments valued at $7.0M USD.
Route Characteristics
- Average transit18 days
- Peak seasonQ1
- Primary modeSea freight
- Top portBANGALORE AIR
Market Position
- Global rank#9
- Annual growth+19.0%
- Demand growth+18.1%
- Regulatory ease84/100
Top 10 Indian Apixaban Exporters to Canada
Showing top 10 of 13 Indian suppliers exporting Apixaban to Canada, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | APOTEX RESEARCH PRIVATE LIMITED Avg $59.9K per shipment | 297 | $17.8M | 54.0% |
| 2 | APOTEX RESEARCH PRIVATE LIMITED Avg $45.7K per shipment | 61 | $2.8M | 8.5% |
| 3 | INTAS PHARMACEUTICALS LIMITED Avg $55.9K per shipment | 46 | $2.6M | 7.8% |
| 4 | UNISON PHARMACEUTICALS PRIVATE LIMITED Avg $35.0K per shipment | 59 | $2.1M | 6.3% |
| 5 | EMCURE PHARMACEUTICALS LIMITED Avg $27.1K per shipment | 74 | $2.0M | 6.1% |
| 6 | INTAS PHARMACEUTICALS LIMITED Avg $52.7K per shipment | 28 | $1.5M | 4.5% |
| 7 | SUN PHARMACEUTICAL INDUSTRIES LIMITED Avg $129.9K per shipment | 10 | $1.3M | 3.9% |
| 8 | EMCURE PHARMACEUTICALS LIMITED Avg $20.6K per shipment | 47 | $965.9K | 2.9% |
| 9 | UNISON PHARMACEUTICALS PRIVATE LIMITED Avg $33.5K per shipment | 28 | $936.9K | 2.8% |
| 10 | NATCO PHARMA LIMITED Avg $31.0K per shipment | 15 | $465.0K | 1.4% |
This table shows the top 10 of 13 Indian companies exporting apixaban to Canada, ranked by total trade value. The listed exporters are: APOTEX RESEARCH PRIVATE LIMITED, APOTEX RESEARCH PRIVATE LIMITED , INTAS PHARMACEUTICALS LIMITED, UNISON PHARMACEUTICALS PRIVATE LIMITED, EMCURE PHARMACEUTICALS LIMITED, INTAS PHARMACEUTICALS LIMITED , SUN PHARMACEUTICAL INDUSTRIES LIMITED , EMCURE PHARMACEUTICALS LIMITED , UNISON PHARMACEUTICALS PRIVATE LIMITED , NATCO PHARMA LIMITED. APOTEX RESEARCH PRIVATE LIMITED is the dominant supplier with 297 shipments worth $17.8M USD, giving it a 54% market share. The top 3 suppliers together account for 70% of the total trade value on this route.
Showing top 10 of 13 total Indian exporters on the India to Canada Apixaban export route.
Top 10 Apixaban Importers in Canada
Showing top 10 of 41 known buyers in Canada receiving Apixaban shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian apixaban in Canada include APOTEX INC,, APOTEX INC, APOTEX INC,-4100 WESTON ROAD, APOTEX INC. -4100 WESTON ROAD , JAMP PHARMA CORPORATION, among 41 total buyers. The largest importer is APOTEX INC,, accounting for $7.0M USD across 113 shipments — representing 21% of all apixaban imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | APOTEX INC, | 113 | $7.0M | 21.2% |
| 2 | APOTEX INC | 116 | $6.2M | 18.9% |
| 3 | APOTEX INC,-4100 WESTON ROAD | 46 | $3.4M | 10.4% |
| 4 | APOTEX INC. -4100 WESTON ROAD | 44 | $1.9M | 5.8% |
| 5 | JAMP PHARMA CORPORATION | 42 | $1.3M | 3.9% |
| 6 | MARCAN PHARMACEUTICALS INC., | 36 | $1.2M | 3.6% |
| 7 | SUN PHARMA CANADA INC | 8 | $1.1M | 3.3% |
| 8 | Accord Healthcare Inc. | 2 | $1.1M | 3.3% |
| 9 | LABORATOIRE RIVA INC., | 15 | $1.1M | 3.2% |
| 10 | APOTEX INC 4100 WESTON ROAD | 13 | $727.5K | 2.2% |
Showing top 10 of 41 Apixaban importers in Canada on this route.
Top 10 Apixaban Formulations Imported by Canada
Showing top 10 of 484 product formulations shipped on the India to Canada Apixaban route, ranked by trade value
Canada imports a wide range of apixaban formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — PHARMACEUTICAL DRUGS AND MEDICINE-ACH-APIXABAN 5MG 6X10T (AC-CAN) Each film coated tablet contains :Apixaban .. 5mg — accounts for $1.1M USD across 1 shipments. There are 484 distinct product descriptions in the dataset, reflecting the variety of dosage forms and strengths imported.
| Rank | Product Formulation | Shipments | Trade Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | PHARMACEUTICAL DRUGS AND MEDICINE-ACH-APIXABAN 5MG 6X10T (AC-CAN) Each film coated tablet contains :Apixaban .. 5mg | 1 | $1.1M | 3.3% |
| 2 | PHARMA DRUGS AND MEDI RIVA-APIXABAN 5MG | 4 | $874.3K | 2.7% |
| 3 | TARO APIXABAN TAB 5MG CD 180BTL (20196 P | 3 | $604.8K | 1.8% |
| 4 | APO-APIXABAN FCT 5MG 500 BTL 68198/77131 | 9 | $541.9K | 1.6% |
| 5 | APO-APIXABAN FCT 5MG 500 BTL, BATCH LOT | 9 | $516.7K | 1.6% |
| 6 | APO-APIXABAN FCT 5MG 180 BTL 69305/77131 | 8 | $501.8K | 1.5% |
| 7 | APO-APIXABAN FCT 5MG 500 BTL 68198 / 771 | 6 | $358.3K | 1.1% |
| 8 | APIXABAN FCT 5MG 180 BTL SIV 70039/62800 | 6 | $327.0K | 1.0% |
| 9 | APIXABAN FCT 5MG 500 BTL SIV, BATCH LOT | 7 | $303.7K | 0.9% |
| 10 | TARO APIXABAN TAB 5MG CD 60BTL (30404 PA | 3 | $303.5K | 0.9% |
Showing top 10 of 484 Apixaban formulations imported by Canada on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 80%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
BANGALORE AIR handles the highest volume with 73 shipments. Transit time averages 18 days by sea.
Market Dynamics
India's apixaban exports to Canada are driven primarily by a handful of large-scale manufacturers. APOTEX RESEARCH PRIVATE LIMITED with 297 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 13 active exporters signals a competitive but concentrated market — buyers in Canada benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — APOTEX RESEARCH PRIVATE LIMITED, APOTEX RESEARCH PRIVATE LIMITED , INTAS PHARMACEUTICALS LIMITED — together account for 70% of total trade value on this route. The average shipment value of $49.0K USD reflects a mix of bulk commercial orders and smaller specialty shipments.
Beyond the primary product category, shipments on this route include closely related formulations such as pharma drugs and medi riva-apixaban 5mg and taro apixaban tab 5mg cd 180btl (20196 p , suggesting that buyers in Canada tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, APOTEX INC, is the largest importer with 113 shipments worth $7.0M USD — representing 21% of all apixaban imports from India on this route. A total of 41 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $33.0M
- Avg. Shipment
- $49.0K
- Suppliers
- 13
- Buyers
- 41
- Transit (Sea)
- ~18 days
- Annual Growth
- +19.0%
Reverse Direction
Canada → India — Apixaban (Import)Other Apixaban Routes
Unlock the Full India to Canada Apixaban Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 673 shipments on this route.
Live Corridor Intelligence
India → Canada trade corridor intelligence
1Live Corridor Intelligence
As of March 2026, the India-Canada pharmaceutical trade corridor, particularly for finished formulations containing Apixaban, remains robust. However, several factors are influencing the trade dynamics:
- Shipping Disruptions: The Red Sea and Suez Canal have experienced intermittent disruptions due to regional conflicts, leading to rerouted shipments and extended transit times. Port congestion in major transshipment hubs has further compounded delays.
- Freight Rate Trends: Freight rates have exhibited volatility, with a notable increase in late 2025 due to heightened demand and logistical challenges. By early 2026, rates have stabilized but remain elevated compared to pre-2025 levels.
- Currency Fluctuations: The Indian Rupee has depreciated against the US Dollar, impacting the cost structures for exporters. This depreciation has made Indian exports more competitive but has also increased the cost of imported raw materials.
- Trade Policy Changes: In December 2025, India and Canada held high-level discussions to advance trade negotiations, aiming to enhance bilateral cooperation and address trade barriers. These discussions are expected to influence the pharmaceutical trade landscape positively.
Geopolitical & Sanctions Impact
India → Canada trade corridor intelligence
1Geopolitical & Sanctions Impact
Geopolitical tensions have had a tangible impact on the India-Canada pharmaceutical trade corridor:
- Global Conflicts: Ongoing conflicts in the Middle East and Ukraine have disrupted traditional shipping routes, necessitating longer and more costly alternative paths.
- Sanctions and Trade Restrictions: While no direct sanctions have been imposed on India or Canada, the global sanctions environment has led to increased scrutiny and compliance requirements, affecting trade efficiency.
- Insurance Premiums: The heightened risk associated with geopolitical instability has led to increased insurance premiums for shipments, adding to the overall cost of trade.
Trade Agreement & Policy Analysis
India → Canada trade corridor intelligence
1Trade Agreement & Policy Analysis
As of early 2026, India and Canada are actively engaged in negotiations for a Comprehensive Economic Partnership Agreement (CEPA). In December 2025, high-level meetings were held to advance these discussions, with both nations aiming to finalize the pact by the end of 2026. The CEPA is expected to address tariffs, regulatory cooperation, and market access, potentially benefiting the pharmaceutical sector by reducing trade barriers and enhancing collaboration.
Landed Cost Breakdown
India → Canada trade corridor intelligence
1Landed Cost Breakdown
Estimating the landed cost for Apixaban formulations shipped from India to Canada involves several components:
- FOB Price: The Free on Board (FOB) price for Apixaban formulations varies based on manufacturer and order volume. For instance, APOTEX RESEARCH PRIVATE LIMITED reported exports totaling $17.8 million, indicating a competitive pricing structure.
- Sea Freight Cost: Given the current freight rates, the cost per 20-foot container is approximately $3,000 to $4,000. Each container can hold around 10 million tablets, leading to a per-unit freight cost of $0.0003 to $0.0004.
- Insurance: Insurance premiums have increased due to geopolitical risks, averaging 0.5% of the shipment value.
- Customs Duty: Canada's customs duty on pharmaceutical formulations is typically low, often around 0% to 5%, depending on the specific product classification.
- Clearance Charges: Customs clearance and handling charges in Canada average $500 to $1,000 per shipment.
- VAT/GST: Canada imposes a Goods and Services Tax (GST) of 5% on imported goods.
- Local Distribution: Costs associated with local distribution, including warehousing and transportation, vary but can add approximately 10% to 15% to the landed cost.
In summary, while the FOB price forms the base cost, additional expenses such as freight, insurance, duties, and local distribution significantly contribute to the final landed cost of Apixaban formulations in Canada.
Canada Pharmaceutical Import Regulations
Health Canada registration, GMP, and compliance requirements for Indian exporters
1Health Canada Registration & Import Requirements
To import Apixaban formulations into Canada, the following approvals and registrations are mandatory:
1. Drug Identification Number (DIN): Each pharmaceutical product must obtain a DIN, an eight-digit number signifying Health Canada's approval of the product's safety, efficacy, and quality. The DIN application should include comprehensive product information, such as formulation details, manufacturing site specifics, and labeling.
2. Drug Establishment Licence (DEL): Importers must possess a valid DEL, authorizing them to import pharmaceutical products. The DEL application requires evidence of compliance with GMP standards and details of all foreign manufacturing sites involved in the production of the finished dosage forms.
3. Common Technical Document (CTD/eCTD) Format: Submissions to Health Canada should be in the CTD or electronic CTD (eCTD) format, facilitating a standardized review process.
4. Timelines and Fees: Approval timelines and associated fees can vary. Importers should consult Health Canada's current fee schedule and service standards for precise information.
5. GMP Inspection Requirements: Health Canada mandates that foreign manufacturing facilities comply with GMP standards. Importers must ensure that these facilities are listed on their DEL and may be subject to Health Canada's inspections to verify compliance.
2Quality & GMP Standards for Indian Exporters
Indian manufacturers exporting Apixaban formulations to Canada must adhere to the following GMP standards:
1. GMP Certification: Manufacturers must comply with GMP requirements as outlined in Part C, Division 2 of the Food and Drug Regulations. This includes maintaining high-quality manufacturing processes and ensuring product safety and efficacy.
2. Health Canada Approval: Manufacturing facilities must be listed on the importer's DEL, indicating Health Canada's recognition of their compliance with GMP standards.
3. Recent Inspections and Regulatory Actions: Health Canada regularly inspects foreign manufacturing sites to ensure ongoing compliance. Importers should monitor Health Canada's Drug and Health Product Inspections database for updates on inspections and any regulatory actions taken against Indian pharmaceutical companies.
3Recent Regulatory Developments (2024-2026)
Several regulatory changes between 2024 and 2026 have impacted Indian pharmaceutical exports to Canada:
1. Revised GMP Regulations in India: In January 2024, India's Ministry of Health published revised GMP regulations to align with global standards, particularly those of the World Health Organization. These revisions aim to enhance the quality of pharmaceutical products and may affect the approval process for Indian manufacturers exporting to Canada.
2. Health Canada's Updated Import Policies: In late 2024, Health Canada updated its guidance on importing health products for commercial use, emphasizing the need for importers to provide comprehensive documentation, including valid DELs and evidence of GMP compliance for foreign manufacturing sites.
3. Mutual Recognition Agreements (MRAs): As of March 2026, Canada has been actively engaging in MRAs with various countries to recognize equivalent GMP inspection processes. While specific agreements with India are not currently in place, ongoing discussions may influence future import requirements.
Importers and exporters should stay informed about these developments to ensure compliance with evolving regulatory requirements.
Canada Apixaban Market Context & Tariffs
Market size, import duties, and competitive landscape · MFN tariff: 0%
1Canada Apixaban Market Size & Demand
In 2025, the Canadian anticoagulants market was valued at approximately USD 2,507.2 million, with projections indicating growth to USD 3,860.7 million by 2033, reflecting a compound annual growth rate (CAGR) of 5.7% from 2026 to 2033. Apixaban, marketed under the brand name Eliquis, is a leading direct oral anticoagulant (DOAC) in Canada, widely prescribed for conditions such as atrial fibrillation and venous thromboembolism. The increasing prevalence of these conditions, coupled with an aging population and comprehensive healthcare coverage, drives the demand for Apixaban formulations. While Canada has domestic pharmaceutical manufacturing capabilities, a significant portion of Apixaban formulations is imported to meet the growing demand.
2Import Tariff & Duty Structure
Canada maintains a Most-Favored-Nation (MFN) import duty rate of 0% for pharmaceutical products classified under HS code 30049099, which includes finished formulations containing Apixaban. Additionally, pharmaceutical imports are generally exempt from the Goods and Services Tax (GST). There are no specific Free Trade Agreements (FTAs) between Canada and India that alter this duty structure for pharmaceutical products. Currently, there are no anti-dumping duties imposed on Apixaban formulations imported into Canada.
3Competitive Landscape
India is a major supplier of Apixaban formulations to Canada, accounting for 18.3% of India's total Apixaban formulation exports, valued at $33.0 million USD across 673 shipments from 13 Indian manufacturers/exporters. The top Indian exporters include APOTEX RESEARCH PRIVATE LIMITED ($17.8M), INTAS PHARMACEUTICALS LIMITED ($2.6M), and UNISON PHARMACEUTICALS PRIVATE LIMITED ($2.1M). The primary Canadian buyers are APOTEX INC ($7.0M) and JAMP PHARMA CORPORATION ($1.3M). Other major countries supplying Apixaban to Canada include Ireland and Paraguay. India's competitive pricing and established manufacturing capabilities position it favorably against competitors from the European Union and other regions.
Why Source Apixaban from India for Canada?
Manufacturing advantage, cost comparison, supply reliability, and strategic sourcing recommendations
1Why India for Apixaban — Manufacturing Advantage
India is a global leader in the production of generic pharmaceuticals, supplying approximately 20% of the world's generic medicines by volume as of 2024. The country's pharmaceutical industry is valued at over USD 50 billion, with exports accounting for more than USD 25 billion. India's manufacturing capabilities are supported by over 650 U.S. FDA-approved facilities, surpassing the United States in the number of FDA-registered generic manufacturing sites. This extensive infrastructure enables the production of a wide range of finished dosage forms, including tablets, capsules, syrups, and injections. The cost-effectiveness of Indian pharmaceutical manufacturing is attributed to economies of scale, a skilled workforce, and favorable regulatory policies. Additionally, India houses 2,050 WHO-GMP-certified and 286 EDQM-approved plants as of 2024, ensuring compliance with international quality standards.
2India vs. China vs. EU — Cost & Quality Comparison
India's Apixaban formulations are competitively priced compared to those from China and the European Union. The cost advantages stem from India's efficient manufacturing processes and lower labor costs. Quality perception is high, with Indian manufacturers adhering to stringent regulatory standards, including approvals from the U.S. FDA and WHO-GMP certifications. In Canada, Indian pharmaceutical products are well-accepted, with a significant share of generic drugs imported from India. Supply reliability is bolstered by India's robust manufacturing infrastructure and a track record of consistent delivery to international markets. While specific pricing data for Apixaban formulations is proprietary, Indian generics are generally more affordable than their European counterparts, without compromising on quality.
3Supply Reliability & Capacity Assessment
The India-Canada supply chain for Apixaban formulations is characterized by high reliability. Indian manufacturers possess substantial capacity for producing finished dosage forms, supported by advanced packaging and cold chain logistics. As of 2024, India has over 650 U.S. FDA-approved manufacturing facilities, ensuring compliance with international regulatory standards. There have been no significant supply disruptions reported in recent years. Leading Indian pharmaceutical companies have announced expansion plans to further increase production capacities, ensuring the ability to meet growing international demand.
4Strategic Sourcing Recommendations
- Implement a Dual-Sourcing Strategy: Engage with multiple Indian manufacturers to mitigate risks associated with supply disruptions and ensure a consistent supply of Apixaban formulations.
- Understand Minimum Order Quantities (MOQs): Indian suppliers typically have MOQs that vary based on the formulation and packaging requirements. Establish clear communication to align on order sizes that meet both parties' needs.
- Negotiate Favorable Payment Terms: Common payment terms in India-Canada pharmaceutical trade include letters of credit and advance payments. Negotiate terms that balance cash flow considerations with supplier trust.
- Conduct Thorough Supplier Qualification: Evaluate potential suppliers based on their regulatory compliance history, manufacturing capabilities, quality control measures, and past performance in international markets.
- Stay Informed on Regulatory Changes: Regularly monitor updates from Health Canada and the Central Drugs Standard Control Organisation (CDSCO) to ensure ongoing compliance with import regulations and quality standards.
Supplier Due Diligence Guide — Apixaban from India
Pre-qualification checklist, document requirements, red flags, and audit guidance for Canada buyers
1Pre-Qualification Checklist for Canada Buyers
1. Verify Health Canada Registration:
2. Assess Good Manufacturing Practices (GMP) Compliance:
3. Review Drug Master File (DMF):
4. Evaluate Quality Systems:
5. Check Regulatory History:
6. Conduct Facility Audits:
7. Establish Supply Chain Transparency:
8. Review Stability Data:
9. Confirm Product Specifications:
10. Assess Packaging and Labelling Compliance:
2Key Documents to Request from Indian Suppliers
1. Certificate of Analysis (CoA):
2. Certificate of Origin (CoO):
3. Good Manufacturing Practices (GMP) Certificate:
4. Stability Data:
5. Batch Records:
6. Drug Master File (DMF):
7. Free Sale Certificate from CDSCO:
8. Insurance Certificates:
3Red Flags & Warning Signs
1. Regulatory Non-Compliance:
2. Unusually Low Pricing:
3. Lack of Stability Data:
4. Limited Export History:
5. Resistance to Audits:
6. Inconsistent Documentation:
4Factory Audit & Ongoing Monitoring
1. Pre-Audit Desktop Review:
2. On-Site Inspection Focus Areas:
3. Post-Audit Corrective Actions:
4. Annual Re-Qualification Process:
5. Remote Monitoring Options:
6. Cost Estimates and Timeline:
By meticulously following these guidelines, Canadian companies can ensure the selection of reliable Indian suppliers for Apixaban formulations, maintaining compliance with Health Canada's regulations and safeguarding product quality.
Frequently Asked Questions — India to Canada Apixaban Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Apixaban to Canada?
The leading Indian exporters of Apixaban to Canada are APOTEX RESEARCH PRIVATE LIMITED, APOTEX RESEARCH PRIVATE LIMITED , INTAS PHARMACEUTICALS LIMITED. APOTEX RESEARCH PRIVATE LIMITED holds the largest market share at approximately 54% of total trade value on this route.
Q What is the total value of Apixaban exports from India to Canada?
India exports Apixaban to Canada worth approximately $33.0M USD across 673 recorded shipments. The average value per shipment is $49.0K USD.
Q Which ports does India use to ship Apixaban to Canada?
The most active port of origin is BANGALORE AIR with 73 shipments. Indian exporters primarily use sea freight for this route, with 80% of shipments going by sea and 26% by air.
Q How long does shipping take from India to Canada for Apixaban?
The average transit time for Apixaban shipments from India to Canada is approximately 18 days. Sea freight typically takes longer, while air freight can reduce this significantly for urgent orders. Peak shipping activity is observed during January–March.
Q Is the India to Canada Apixaban trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 19.0% with demand growth tracking at 18.1%. The route is ranked #9 among India's top Apixaban export destinations globally.
Q How many suppliers are active on the India to Canada Apixaban route?
There are currently 13 active Indian suppliers exporting Apixaban to Canada. The market is moderately concentrated with APOTEX RESEARCH PRIVATE LIMITED accounting for 54% of total shipment value.
Q Who are the main importers of Apixaban from India in Canada?
The leading importers of Indian Apixaban in Canada include APOTEX INC,, APOTEX INC, APOTEX INC,-4100 WESTON ROAD, APOTEX INC. -4100 WESTON ROAD , JAMP PHARMA CORPORATION. APOTEX INC, is the largest buyer with 113 shipments worth $7.0M USD.
Official References & Regulatory Resources
- India Trade Statistics (DGFT)
- Invest India — Pharma Sector
- WCO HS Nomenclature
- Ministry of Commerce — Pharma Exports
- Pharmexcil
Data sourced from Indian Customs (DGFT) records. Verify regulatory and trade status with the agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records — the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Route Identification: India to Canada export trade corridor identified from Indian Customs (DGFT) records for Apixaban.
- 2.Supplier/Buyer Matching: 13 Indian exporters and 41 importers in Canada matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 673 verified shipping bill records. Values are FOB in USD.
- 4.Market Share Analysis: Each supplier and buyer contribution calculated as a percentage of total route value. Statistical normalization applied to ensure accurate representation across varying shipment sizes.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
673 Verified Shipments
13 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists