India to Philippines: Fenofibrate Export Trade Route
India has recorded 129 verified shipments of Fenofibrate exported to Philippines, representing a combined trade value of $3.1M USD. This corridor is served by 24 active Indian exporters, with an average shipment value of $23.9K USD. The leading Indian exporter is AJANTA PHARMA LIMITED, which accounts for 49% of total export value with 10 shipments worth $1.5M USD. On the buying side, AJANTA PHARMA PHILIPPINES INC is the largest importer in Philippines with $1.5M USD in purchases. The top 3 suppliers — AJANTA PHARMA LIMITED, TROIKAA PHARMACEUTICALS LIMITED , XL LABORATORIES PRIVATE LIMITED — together control 64% 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 Philippines Fenofibrate corridor is one of India's established pharmaceutical export routes, with 129 shipments documented worth a combined $3.1M USD. The route is dominated by AJANTA PHARMA LIMITED, which alone accounts for roughly 49% of all export value, reflecting the consolidated nature of India's fenofibrate manufacturing sector.
Across 24 active suppliers, the average shipment value stands at $23.9K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 74% of all shipments, consistent with fenofibrate's non-urgent bulk-order profile.
Shipment activity peaks during July–September, with an average transit time of 17 days port-to-port. The route has recorded an annual growth rate of 27.3%, placing it at rank #12 among India's top fenofibrate export destinations globally.
On the import side, key buyers of Indian fenofibrate in Philippines include AJANTA PHARMA PHILIPPINES INC, TROIKAA PHARMACEUTICALS PHILIPPINES , AMBICA INTERNATIONAL CORPORATION and 31 others. AJANTA PHARMA PHILIPPINES INC is the single largest importer with 10 shipments valued at $1.5M USD.
Route Characteristics
- Average transit17 days
- Peak seasonQ3
- Primary modeSea freight
- Top portSAHAR AIR
Market Position
- Global rank#12
- Annual growth+27.3%
- Demand growth+24.8%
- Regulatory ease76/100
Top 10 Indian Fenofibrate Exporters to Philippines
Showing top 10 of 24 Indian suppliers exporting Fenofibrate to Philippines, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | AJANTA PHARMA LIMITED Avg $151.5K per shipment | 10 | $1.5M | 49.2% |
| 2 | TROIKAA PHARMACEUTICALS LIMITED Avg $28.4K per shipment | 10 | $283.6K | 9.2% |
| 3 | XL LABORATORIES PRIVATE LIMITED Avg $14.9K per shipment | 12 | $178.8K | 5.8% |
| 4 | XL LABORATORIES PRIVATE LIMITED Avg $15.2K per shipment | 10 | $151.5K | 4.9% |
| 5 | TROIKAA PHARMACEUTICALS LIMITED Avg $17.6K per shipment | 7 | $123.1K | 4.0% |
| 6 | FREDUN PHARMACEUTICALS LTD Avg $8.0K per shipment | 13 | $104.6K | 3.4% |
| 7 | SUN PHARMACEUTICAL INDUSTRIES LIMITED Avg $16.3K per shipment | 6 | $97.6K | 3.2% |
| 8 | MICRO LABS LIMITED Avg $17.5K per shipment | 5 | $87.4K | 2.8% |
| 9 | AMEGH PHARMA PRIVATE LIMITED Avg $9.7K per shipment | 9 | $87.2K | 2.8% |
| 10 | BDH HEALTHCARE PRIVATE LIMITED Avg $41.3K per shipment | 2 | $82.6K | 2.7% |
This table shows the top 10 of 24 Indian companies exporting fenofibrate to Philippines, ranked by total trade value. The listed exporters are: AJANTA PHARMA LIMITED, TROIKAA PHARMACEUTICALS LIMITED , XL LABORATORIES PRIVATE LIMITED, XL LABORATORIES PRIVATE LIMITED , TROIKAA PHARMACEUTICALS LIMITED, FREDUN PHARMACEUTICALS LTD, SUN PHARMACEUTICAL INDUSTRIES LIMITED, MICRO LABS LIMITED, AMEGH PHARMA PRIVATE LIMITED, BDH HEALTHCARE PRIVATE LIMITED . AJANTA PHARMA LIMITED is the dominant supplier with 10 shipments worth $1.5M USD, giving it a 49% market share. The top 3 suppliers together account for 64% of the total trade value on this route.
Showing top 10 of 24 total Indian exporters on the India to Philippines Fenofibrate export route.
Top 10 Fenofibrate Importers in Philippines
Showing top 10 of 34 known buyers in Philippines receiving Fenofibrate shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian fenofibrate in Philippines include AJANTA PHARMA PHILIPPINES INC, TROIKAA PHARMACEUTICALS PHILIPPINES , AMBICA INTERNATIONAL CORPORATION, AMBICA INTERNATIONAL CORPORATION , NELPA LIFESCIENCES INC , among 34 total buyers. The largest importer is AJANTA PHARMA PHILIPPINES INC, accounting for $1.5M USD across 10 shipments — representing 49% of all fenofibrate imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | AJANTA PHARMA PHILIPPINES INC | 10 | $1.5M | 49.2% |
| 2 | TROIKAA PHARMACEUTICALS PHILIPPINES | 9 | $257.4K | 8.4% |
| 3 | AMBICA INTERNATIONAL CORPORATION | 15 | $221.9K | 7.2% |
| 4 | AMBICA INTERNATIONAL CORPORATION | 9 | $132.3K | 4.3% |
| 5 | NELPA LIFESCIENCES INC | 2 | $82.6K | 2.7% |
| 6 | AMB HK ENTERPRISES INC. | 8 | $70.9K | 2.3% |
| 7 | TROIKAA PHARMACEUTICALS PHILIPPINES | 5 | $69.1K | 2.2% |
| 8 | M S IE MEDICA INC | 3 | $65.8K | 2.1% |
| 9 | AMB HK ENTERPRISES INC | 8 | $63.2K | 2.1% |
| 10 | OEP PHILIPPINES INC | 3 | $56.4K | 1.8% |
Showing top 10 of 34 Fenofibrate importers in Philippines on this route.
Top 10 Fenofibrate Formulations Imported by Philippines
Showing top 10 of 81 product formulations shipped on the India to Philippines Fenofibrate route, ranked by trade value
Philippines imports a wide range of fenofibrate formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — ROSUFEN 10/160[52646PACKx3x10=1579380 TABLETS]ROSUVASTATIN 10MG + FENOFIBRATE 160MG TABS — accounts for $340.6K USD across 1 shipments. There are 81 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 | ROSUFEN 10/160[52646PACKx3x10=1579380 TABLETS]ROSUVASTATIN 10MG + FENOFIBRATE 160MG TABS | 1 | $340.6K | 11.1% |
| 2 | ROSUFEN 10/160[52350PACKX3X10=1570500 TABS](ROSUVASTATIN 10MG + FENOFIBRATE 160MG TABS) | 1 | $337.2K | 11.0% |
| 3 | ROSUFEN TABLETS 20/160[25856PACKX3X10=775680 TABLETS](ROSUVASTATIN 20MG + FENOFIBRATE 160MG TABS | 1 | $198.3K | 6.4% |
| 4 | ROSUFEN 10 160 25857PACKx3x10 775710 TABS ROSUVASTATIN 10MG FENOFIBRATE 160MGTABS | 1 | $168.8K | 5.5% |
| 5 | ROSUFEN 10/160[25960PACKX3X10=778800 TABS](ROSUVASTATIN 10MG + FENOFIBRATE 160MGTABS)NOS | 3 | $167.7K | 5.4% |
| 6 | FENO TG (FENOFIBRATE TABLET) (QTY:12250 | 4 | $115.0K | 3.7% |
| 7 | FENO TG (FENOFIBRATE TABLET) (QTY:12140 | 4 | $114.0K | 3.7% |
| 8 | ROSUFEN TABLETS 20 160 13176PACKx3x10 395280 TABLETS ROSUVASTATIN 20MG FENOFIBRATE 160MG TABS | 1 | $101.6K | 3.3% |
| 9 | ROSUFEN TABLETS 20/160[13114PACKx3x10=393420 TABLETS]ROSUVASTATIN 20MG + FENOFIBRATE 160MG TABS | 1 | $101.2K | 3.3% |
| 10 | ROSUFEN TABLETS 20/160[13025PACKx3x10=390750 TABS](ROSUVASTATIN 20MG + FENOFIBRATE 160MG TABS | 1 | $100.1K | 3.2% |
Showing top 10 of 81 Fenofibrate formulations imported by Philippines on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 74%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
SAHAR AIR handles the highest volume with 23 shipments. Transit time averages 17 days by sea.
Market Dynamics
India's fenofibrate exports to Philippines are driven primarily by a handful of large-scale manufacturers. AJANTA PHARMA LIMITED with 10 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 24 active exporters signals a competitive but concentrated market — buyers in Philippines benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — AJANTA PHARMA LIMITED, TROIKAA PHARMACEUTICALS LIMITED , XL LABORATORIES PRIVATE LIMITED — together account for 64% of total trade value on this route. The average shipment value of $23.9K 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 rosufen 10/160[52350packx3x10=1570500 tabs](rosuvastatin 10mg + fenofibrate 160mg tabs) and rosufen tablets 20/160[25856packx3x10=775680 tablets](rosuvastatin 20mg + fenofibrate 160mg tabs, suggesting that buyers in Philippines tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, AJANTA PHARMA PHILIPPINES INC is the largest importer with 10 shipments worth $1.5M USD — representing 49% of all fenofibrate imports from India on this route. A total of 34 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $3.1M
- Avg. Shipment
- $23.9K
- Suppliers
- 24
- Buyers
- 34
- Transit (Sea)
- ~17 days
- Annual Growth
- +27.3%
Related Analysis
Other Fenofibrate Routes
Unlock the Full India to Philippines Fenofibrate Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 129 shipments on this route.
Frequently Asked Questions — India to Philippines Fenofibrate Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Fenofibrate to Philippines?
The leading Indian exporters of Fenofibrate to Philippines are AJANTA PHARMA LIMITED, TROIKAA PHARMACEUTICALS LIMITED , XL LABORATORIES PRIVATE LIMITED. AJANTA PHARMA LIMITED holds the largest market share at approximately 49% of total trade value on this route.
Q What is the total value of Fenofibrate exports from India to Philippines?
India exports Fenofibrate to Philippines worth approximately $3.1M USD across 129 recorded shipments. The average value per shipment is $23.9K USD.
Q Which ports does India use to ship Fenofibrate to Philippines?
The most active port of origin is SAHAR AIR with 23 shipments. Indian exporters primarily use sea freight for this route, with 74% of shipments going by sea and 22% by air.
Q How long does shipping take from India to Philippines for Fenofibrate?
The average transit time for Fenofibrate shipments from India to Philippines is approximately 17 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 Philippines Fenofibrate trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 27.3% with demand growth tracking at 24.8%. The route is ranked #12 among India's top Fenofibrate export destinations globally.
Q How many suppliers are active on the India to Philippines Fenofibrate route?
There are currently 24 active Indian suppliers exporting Fenofibrate to Philippines. The market is moderately concentrated with AJANTA PHARMA LIMITED accounting for 49% of total shipment value.
Q Who are the main importers of Fenofibrate from India in Philippines?
The leading importers of Indian Fenofibrate in Philippines include AJANTA PHARMA PHILIPPINES INC, TROIKAA PHARMACEUTICALS PHILIPPINES , AMBICA INTERNATIONAL CORPORATION, AMBICA INTERNATIONAL CORPORATION , NELPA LIFESCIENCES INC . AJANTA PHARMA PHILIPPINES INC is the largest buyer with 10 shipments worth $1.5M 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 Philippines export trade corridor identified from Indian Customs (DGFT) records for Fenofibrate.
- 2.Supplier/Buyer Matching: 24 Indian exporters and 34 importers in Philippines matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 129 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
129 Verified Shipments
24 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists