What is the total value of India's pharmaceutical export to Costa Rica?

India exported pharmaceuticals worth $121.7K to Costa Rica across 9 verified shipments.

Who are the top Indian pharmaceutical exporters to Costa Rica?

1. M/S. PANAMEDICAL DE COSTA RICA S.A — $120.2K. 2. LABORATORIO CIM — $1.5K. Total: 2 suppliers.

Which companies in Costa Rica import pharmaceuticals from India?

1. FOURRTS (INDIA) LABORATORIES PRIVATE LIMITED — $120.2K. 2. BHARATI VIDYAPEETH — $1.5K. 2 buyers total.

What pharmaceutical products does India export most to Costa Rica?

1. Ibuprofen ($120.2K, 98.8%); 2. Serum ($1.5K, 1.2%)

Why does Costa Rica import pharmaceuticals from India?

India's cost-competitive generic drug manufacturing, WHO-GMP certified facilities, and broad product portfolio. This $121.7K corridor reflects quality compliance and pricing advantages.

What certifications do Indian pharmaceutical exporters need to supply Costa Rica?

WHO-GMP certification, EU GMP approval (for EU markets), product dossier registration (CTD format), and ICH guideline compliance.

What is the average shipment value for India to Costa Rica pharmaceutical trade?

$13.5K per consignment across 9 shipments.

How many Indian pharmaceutical companies export to Costa Rica?

2 Indian companies. Largest: M/S. PANAMEDICAL DE COSTA RICA S.A with $120.2K.

How can I find verified Indian pharmaceutical suppliers for Costa Rica?

TransData Nexus covers 2 active exporters with shipment history and trade values at transdatanexus.com.

Costa Rica to India Pharmaceutical Import (2026) — $121.7K, 2 Foreign Suppliers | TransData Nexus

Costa Rica to India Pharmaceutical Import (2026) — $121.7K, 2 Foreign Suppliers | TransData Nexus | TransData Nexus

Top Pharmaceutical Formulations — Costa Rica to India

#	Formulation	Value	Share
1	Ibuprofen	$120.2K	98.8%
2	Serum	$1.5K	1.2%

India imports 2+ pharmaceutical formulations from Costa Rica with a combined trade value of $121.7K. Key products include Ibuprofen ($120K), Serum ($1K). These are finished dosage forms — tablets, capsules, injectables, and combination drugs — shipped from Indian manufacturing facilities with FDA, WHO-GMP, and EU GMP certifications. Data from 9 verified Indian Customs (DGFT) shipment records.

Top Pharmaceutical Products — Costa Rica to India Trade Routes

1Ibuprofen$120K

2Serum$1K

These are the top pharmaceutical products exported from India to Costa Rica, each with a dedicated trade route analysis page. Click any product to see detailed export data including Indian suppliers, Costa Rica buyers, regulatory requirements, and logistics for that specific product corridor. Products include Ibuprofen ($120K), Serum ($1K) — all finished pharmaceutical formulations verified from Indian Customs (DGFT) records.

Top Costa Rica Suppliers to India

1M/s. Panamedical De Costa Rica S.a

$120K

2Laboratorio Cim

$1K

2 Indian pharmaceutical companies export finished formulations to Costa Rica. Leading exporters include M/s. Panamedical De Costa Rica S.a, Laboratorio Cim, . The top exporter accounts for 98.8% of total India–Costa Rica pharma exports. Source: Indian Customs (DGFT).

Top Indian Buyers from Costa Rica

Trade Statistics

Total Value$122K

Shipments9

Indian Exporters2

Costa Rica Buyers2

Avg Shipment$14K

Products2

Other Import Origins

United States$2.7B Germany$929.2M China$767.5M Italy

Last updated: March 28, 2026

India–Costa Rica Pharmaceutical Trade Corridor Analysis

Historical evolution, India's market position, and recent developments

1Trade Corridor Evolution

The pharmaceutical trade corridor between Costa Rica and India has experienced modest activity from 2022 to 2026. Over this period, India imported a total of $122,000 USD worth of pharmaceutical formulations from Costa Rica, comprising nine shipments. The average shipment value stood at approximately $14,000 USD. This limited trade volume indicates a nascent yet potentially expanding relationship in the pharmaceutical sector between the two nations.

2Costa Rica's Role in India's Pharma Imports

Costa Rica's contribution to India's pharmaceutical imports remains relatively small. In 2024, India's total pharmaceutical imports were valued at $272.53 million USD, with Costa Rica accounting for approximately $109,160 USD of this total. This positions Costa Rica as a minor supplier in India's pharmaceutical import landscape. The primary product imported from Costa Rica is ibuprofen, a widely used nonsteroidal anti-inflammatory drug (NSAID).

3Recent Developments

Between 2024 and 2026, there have been no significant policy changes or trade agreements specifically affecting the pharmaceutical import relationship between Costa Rica and India. Both countries continue to adhere to existing regulatory frameworks governing pharmaceutical imports. The Central Drugs Standard Control Organisation (CDSCO) in India and the National Drug Regulatory Authority in Costa Rica maintain their established procedures for product registration and importation.

Costa Rica Regulatory Landscape for Indian Pharmaceutical Exports

Registration process, GMP requirements, import documentation

1CDSCO Registration Process

For Costa Rican pharmaceutical companies aiming to export products to India, compliance with the CDSCO's registration process is mandatory. This involves obtaining an import license under Form 10 of the Drugs and Cosmetics Rules, 1945, and registering the product under Form 41. The registration process requires submission of comprehensive product dossiers, including stability data and manufacturing details. Clinical trial data may be waived if the product is already approved in countries with stringent regulatory standards. The timeline for registration can vary, often taking several months, depending on the complexity of the product and the completeness of the submitted documentation.

2GMP & Manufacturing Standards

India mandates that pharmaceutical products imported from Costa Rica adhere to Good Manufacturing Practices (GMP) as outlined by the World Health Organization (WHO). Manufacturing sites in Costa Rica must possess WHO-GMP certification to ensure product quality and safety. The CDSCO conducts inspections to verify compliance with these standards. Non-compliance can result in delays or rejection of import applications.

3Import Documentation

Importing pharmaceutical products into India from Costa Rica requires several key documents:

Import License (Form 10): Issued by the CDSCO, authorizing the importation of specific pharmaceutical products.

Registration Certificate (Form 41): Confirms that the product has been registered with the CDSCO.

No Objection Certificate (NOC): Obtained from the Ministry of Health and Family Welfare, indicating no objection to the importation.

Test License: Allows for the importation of samples for testing purposes.

Additionally, compliance with customs procedures, including payment of applicable duties and taxes, is required for clearance.

TransData Nexus Research · Costa Rica regulatory databasesMar 2026

Research Methodology & Data Transparency

Suresh Sormare

Verified Author

Pharmaceutical 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/sureshsormare

Primary 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.Data Source: Indian Customs (DGFT) export shipping bill records covering all pharmaceutical shipments from India.
2.Country Matching: Shipments to Costa Rica identified using destination country codes from customs declarations.
3.Statistical Normalization: Values are statistically normalized to remove outlier transactions and ensure accurate market share representation.
4.Coverage: 9 verified shipments from 2 Indian exporters to 2 Costa Rica buyers.

Government-Sourced Data

Official DGFT customs records

Transparent Methodology

Calculations fully disclosed above

2 Exporters

2 buyers tracked

Expert-Reviewed

By pharmaceutical trade specialists

Costa Rica to India Pharmaceutical Import

Top Pharmaceutical Formulations — Costa Rica to India

Top Pharmaceutical Products — Costa Rica to India Trade Routes

Top Costa Rica Suppliers to India

Top Indian Buyers from Costa Rica

Trade Statistics

Other Import Origins

India–Costa Rica Pharmaceutical Trade Corridor Analysis

1Trade Corridor Evolution

2Costa Rica's Role in India's Pharma Imports

3Recent Developments

Product Routes

Full Dataset Access

Costa Rica Regulatory Landscape for Indian Pharmaceutical Exports

1CDSCO Registration Process

2GMP & Manufacturing Standards

3Import Documentation

Product Categories & Therapeutic Trends — India to Costa Rica

1Dominant Import Categories

2Innovation & Specialty Imports

3Import Demand Drivers

Trade Policy & Tariff Intelligence — India and Costa Rica

1India's Import Tariff Structure

2Trade Agreements & Preferences

3IP, Patents & Price Control

Supply Chain & Logistics — India to Costa Rica Pharma Shipments

1Shipping Routes & Transit

2Port Infrastructure

3Indian Customs & Cold Chain

Market Opportunity Assessment — Costa Rica for Indian Pharma

1India's Import Dependency

2Costa Rica Companies in India

3Outlook & Self-Reliance

Competitive Landscape — India vs Other Pharmaceutical Suppliers to Costa Rica

1Competing Import Origins

2Costa Rica's Competitive Advantages

3Domestic Competition & Threats

FAQ — India to Costa Rica Pharmaceutical Trade