India to Ecuador: Cyclosporine Export Trade Route
India has recorded 10 verified shipments of Cyclosporine exported to Ecuador, representing a combined trade value of $1.3M USD. This corridor is served by 2 active Indian exporters, with an average shipment value of $126.5K USD. The leading Indian exporter is PANACEA BIOTEC PHARMA LIMITED, which accounts for 100% of total export value with 7 shipments worth $1.3M USD. On the buying side, BANCO BOLIVARIANO C.A. is the largest importer in Ecuador with $1.2M USD in purchases. All data sourced from Indian Customs (DGFT) shipping bill records. Values reported in FOB USD.

Route Intelligence Overview
The India to Ecuador Cyclosporine corridor is one of India's established pharmaceutical export routes, with 10 shipments documented worth a combined $1.3M USD. The route is dominated by PANACEA BIOTEC PHARMA LIMITED, which alone accounts for roughly 100% of all export value, reflecting the consolidated nature of India's cyclosporine manufacturing sector.
Across 2 active suppliers, the average shipment value stands at $126.5K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 75% of all shipments, consistent with cyclosporine's non-urgent bulk-order profile.
Shipment activity peaks during July–September, with an average transit time of 18 days port-to-port. The route has recorded an annual growth rate of 23.3%, placing it at rank #4 among India's top cyclosporine export destinations globally.
On the import side, key buyers of Indian cyclosporine in Ecuador include BANCO BOLIVARIANO C.A., BANCO BOLIVARIANCO CA, BANCO BOLIVARIANO C.A. RUC 09903790 and 2 others. BANCO BOLIVARIANO C.A. is the single largest importer with 1 shipments valued at $1.2M USD.
Route Characteristics
- Average transit18 days
- Peak seasonQ3
- Primary modeSea freight
- Top portDELHI AIR
Market Position
- Global rank#4
- Annual growth+23.3%
- Demand growth+19.7%
- Regulatory ease78/100
Top 10 Indian Cyclosporine Exporters to Ecuador
Showing top 10 of 2 Indian suppliers exporting Cyclosporine to Ecuador, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | PANACEA BIOTEC PHARMA LIMITED Avg $180.6K per shipment | 7 | $1.3M | 100.0% |
| 2 | ALPHA-PHARMA HEALTHCARE PRIVATE LIMITED Avg $200 per shipment | 3 | $601 | 0.0% |
This table shows the top 10 of 2 Indian companies exporting cyclosporine to Ecuador, ranked by total trade value. The listed exporters are: PANACEA BIOTEC PHARMA LIMITED, ALPHA-PHARMA HEALTHCARE PRIVATE LIMITED. PANACEA BIOTEC PHARMA LIMITED is the dominant supplier with 7 shipments worth $1.3M USD, giving it a 100% market share.
Top 10 Cyclosporine Importers in Ecuador
Showing top 10 of 5 known buyers in Ecuador receiving Cyclosporine shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian cyclosporine in Ecuador include BANCO BOLIVARIANO C.A., BANCO BOLIVARIANCO CA, BANCO BOLIVARIANO C.A. RUC 09903790, TOTALCARE PHARMA S.A., TRANS SPED AG- SMI. The largest importer is BANCO BOLIVARIANO C.A., accounting for $1.2M USD across 1 shipments — representing 94% of all cyclosporine imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | BANCO BOLIVARIANO C.A. | 1 | $1.2M | 94.0% |
| 2 | BANCO BOLIVARIANCO CA | 2 | $42.1K | 3.3% |
| 3 | BANCO BOLIVARIANO C.A. RUC 09903790 | 1 | $21.6K | 1.7% |
| 4 | TOTALCARE PHARMA S.A. | 3 | $10.9K | 0.9% |
| 5 | TRANS SPED AG- SMI | 3 | $601 | 0.0% |
Top 10 Cyclosporine Formulations Imported by Ecuador
Showing top 10 of 8 product formulations shipped on the India to Ecuador Cyclosporine route, ranked by trade value
Ecuador imports a wide range of cyclosporine formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — CYCLOSPORINE CAPSULES 100 MG (EACH SOFTGELATIN CAPSULE CONTAINS CYCLOSPORINE USP 100 MG) B/N.71623001 M/D.11/2023 E/D.1 — accounts for $1.2M USD across 1 shipments. A total of 8 product variants have been identified in the shipment records.
| Rank | Product Formulation | Shipments | Trade Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | CYCLOSPORINE CAPSULES 100 MG (EACH SOFTGELATIN CAPSULE CONTAINS CYCLOSPORINE USP 100 MG) B/N.71623001 M/D.11/2023 E/D.1 | 1 | $1.2M | 94.0% |
| 2 | CYCOPORINE CAPSULES 25 MG (EACH SOFT GELATIN CAPSULE CONTAINS CYCLOSPORINE USP 25 MG) B/N.71424003 M/D.01/2025 E/D.12/20 | 1 | $21.6K | 1.7% |
| 3 | CYCLOSPORINE CAPSULES 50 MG EACH SOFT GLEATIN CAPSULE CONTAINS CYCLOSPORINE USP50 MG B/N.71523001R M/D.07/2023 E/D.07 | 1 | $21.1K | 1.7% |
| 4 | CYCLOSPORINE CAPSULES 50 MG EACH SOFT GELATIN CAPSULE CONTAINS CYCLOSPORINE USP50 MG B/N.71523001R M/D.07/2023 E/D.07 | 1 | $21.1K | 1.7% |
| 5 | CYCLOSPORINE CAPSULES 25 MG (EACH SOFT GELATIN CAPSULE CONTAINS CYCLOSPORINE USP25 MG) B/N.71423001 M/D.10/2023 E/D.10/NOS | 3 | $10.9K | 0.9% |
| 6 | Restasis 0.05% (Allergan, Cyclosporine),Brand Name- Restasis | 1 | $525 | 0.0% |
| 7 | Cyclomune Eye Drops 0.05% (Sun Pharma, Cyclosporine), Brand Name- Cyclomune EyeDrops | 1 | $50 | 0.0% |
| 8 | Cyclomune Eye Drops 0.1% (Sun Pharma, Cyclosporine), Brand Name- Cyclomune Eye Drops | 1 | $26 | 0.0% |
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 75%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
DELHI AIR handles the highest volume with 5 shipments. Transit time averages 18 days by sea.
Market Dynamics
India's cyclosporine exports to Ecuador are driven primarily by a handful of large-scale manufacturers. PANACEA BIOTEC PHARMA LIMITED with 7 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 2 active exporters signals a competitive but concentrated market — buyers in Ecuador benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — PANACEA BIOTEC PHARMA LIMITED, ALPHA-PHARMA HEALTHCARE PRIVATE LIMITED — together account for 100% of total trade value on this route. The average shipment value of $126.5K USD reflects primarily bulk commercial orders from large pharmaceutical distributors.
Beyond the primary product category, shipments on this route include closely related formulations such as cycoporine capsules 25 mg (each soft gelatin capsule contains cyclosporine usp 25 mg) b/n.71424003 m/d.01/2025 e/d.12/20 and cyclosporine capsules 50 mg each soft gleatin capsule contains cyclosporine usp50 mg b/n.71523001r m/d.07/2023 e/d.07, suggesting that buyers in Ecuador tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, BANCO BOLIVARIANO C.A. is the largest importer with 1 shipments worth $1.2M USD — representing 94% of all cyclosporine imports from India on this route.
Route Statistics
- Trade Volume
- $1.3M
- Avg. Shipment
- $126.5K
- Suppliers
- 2
- Buyers
- 5
- Transit (Sea)
- ~18 days
- Annual Growth
- +23.3%
Related Analysis
Other Cyclosporine Routes
Unlock the Full India to Ecuador Cyclosporine Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 10 shipments on this route.
Frequently Asked Questions — India to Ecuador Cyclosporine Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Cyclosporine to Ecuador?
The leading Indian exporters of Cyclosporine to Ecuador are PANACEA BIOTEC PHARMA LIMITED, ALPHA-PHARMA HEALTHCARE PRIVATE LIMITED. PANACEA BIOTEC PHARMA LIMITED holds the largest market share at approximately 100% of total trade value on this route.
Q What is the total value of Cyclosporine exports from India to Ecuador?
India exports Cyclosporine to Ecuador worth approximately $1.3M USD across 10 recorded shipments. The average value per shipment is $126.5K USD.
Q Which ports does India use to ship Cyclosporine to Ecuador?
The most active port of origin is DELHI AIR with 5 shipments. Indian exporters primarily use sea freight for this route, with 75% of shipments going by sea and 23% by air.
Q How long does shipping take from India to Ecuador for Cyclosporine?
The average transit time for Cyclosporine shipments from India to Ecuador 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 July–September.
Q Is the India to Ecuador Cyclosporine trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 23.3% with demand growth tracking at 19.7%. The route is ranked #4 among India's top Cyclosporine export destinations globally.
Q How many suppliers are active on the India to Ecuador Cyclosporine route?
There are currently 2 active Indian suppliers exporting Cyclosporine to Ecuador. The market is moderately concentrated with PANACEA BIOTEC PHARMA LIMITED accounting for 100% of total shipment value.
Q Who are the main importers of Cyclosporine from India in Ecuador?
The leading importers of Indian Cyclosporine in Ecuador include BANCO BOLIVARIANO C.A., BANCO BOLIVARIANCO CA, BANCO BOLIVARIANO C.A. RUC 09903790, TOTALCARE PHARMA S.A., TRANS SPED AG- SMI. BANCO BOLIVARIANO C.A. is the largest buyer with 1 shipments worth $1.2M 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 Ecuador export trade corridor identified from Indian Customs (DGFT) records for Cyclosporine.
- 2.Supplier/Buyer Matching: 2 Indian exporters and 5 importers in Ecuador matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 10 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
10 Verified Shipments
2 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists