India to Ethiopia: Folic Export Trade Route
India has recorded 23 verified shipments of Folic exported to Ethiopia, representing a combined trade value of $1.8M USD. This corridor is served by 9 active Indian exporters, with an average shipment value of $80.0K USD. The leading Indian exporter is MEDICAMEN BIOTECH LIMITED, which accounts for 90% of total export value with 10 shipments worth $1.7M USD. On the buying side, ETHIOPIAN PHARMACEUTICALS SUPPLY AG is the largest importer in Ethiopia with $1.6M USD in purchases. The top 3 suppliers — MEDICAMEN BIOTECH LIMITED, BAFNA PHARMACEUTICALS LIMITED , CACHET PHARMACEUTICALS PRIVATE LIMITED — together control 96% 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 Ethiopia Folic corridor is one of India's established pharmaceutical export routes, with 23 shipments documented worth a combined $1.8M USD. The route is dominated by MEDICAMEN BIOTECH LIMITED, which alone accounts for roughly 90% of all export value, reflecting the consolidated nature of India's folic manufacturing sector.
Across 9 active suppliers, the average shipment value stands at $80.0K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Freight is split between sea (66%) and air (16%), suggesting a mix of scheduled bulk orders and time-sensitive consignments.
Shipment activity peaks during April–June, with an average transit time of 18 days port-to-port. The route has recorded an annual growth rate of 25.5%, placing it at rank #4 among India's top folic export destinations globally.
On the import side, key buyers of Indian folic in Ethiopia include ETHIOPIAN PHARMACEUTICALS SUPPLY AG, ETHIOPIAN PHARMACEUTICAL SUPPLY AGE , AHADU BANK and 10 others. ETHIOPIAN PHARMACEUTICALS SUPPLY AG is the single largest importer with 9 shipments valued at $1.6M USD.
Route Characteristics
- Average transit18 days
- Peak seasonQ2
- Primary modeMulti-modal
- Top portNHAVA SHEVA SEA (INNSA1)
Market Position
- Global rank#4
- Annual growth+25.5%
- Demand growth+23.3%
- Regulatory ease66/100
Top 10 Indian Folic Exporters to Ethiopia
Showing top 10 of 9 Indian suppliers exporting Folic to Ethiopia, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | MEDICAMEN BIOTECH LIMITED Avg $165.3K per shipment | 10 | $1.7M | 89.8% |
| 2 | BAFNA PHARMACEUTICALS LIMITED Avg $60.2K per shipment | 1 | $60.2K | 3.3% |
| 3 | CACHET PHARMACEUTICALS PRIVATE LIMITED Avg $16.8K per shipment | 3 | $50.3K | 2.7% |
| 4 | CACHET PHARMACEUTICALS PRIVATE LIMITED Avg $23.7K per shipment | 1 | $23.7K | 1.3% |
| 5 | ZIM LABORATORIES LIMITED. Avg $7.9K per shipment | 2 | $15.7K | 0.9% |
| 6 | SUNRISE INTERNATIONAL LABS LIMITED Avg $5.2K per shipment | 3 | $15.5K | 0.8% |
| 7 | ZIM LABORATORIES LIMITED Avg $8.7K per shipment | 1 | $8.7K | 0.5% |
| 8 | ZIM LABORATORIES LIMITED. Avg $8.7K per shipment | 1 | $8.7K | 0.5% |
| 9 | UNIZA LIFECARE PRIVATE LIMITED Avg $4.8K per shipment | 1 | $4.8K | 0.3% |
This table shows the top 10 of 9 Indian companies exporting folic to Ethiopia, ranked by total trade value. The listed exporters are: MEDICAMEN BIOTECH LIMITED, BAFNA PHARMACEUTICALS LIMITED , CACHET PHARMACEUTICALS PRIVATE LIMITED, CACHET PHARMACEUTICALS PRIVATE LIMITED , ZIM LABORATORIES LIMITED., SUNRISE INTERNATIONAL LABS LIMITED, ZIM LABORATORIES LIMITED, ZIM LABORATORIES LIMITED. , UNIZA LIFECARE PRIVATE LIMITED. MEDICAMEN BIOTECH LIMITED is the dominant supplier with 10 shipments worth $1.7M USD, giving it a 90% market share. The top 3 suppliers together account for 96% of the total trade value on this route.
Top 10 Folic Importers in Ethiopia
Showing top 10 of 13 known buyers in Ethiopia receiving Folic shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian folic in Ethiopia include ETHIOPIAN PHARMACEUTICALS SUPPLY AG, ETHIOPIAN PHARMACEUTICAL SUPPLY AGE , AHADU BANK, TO THE ORDER OF COMMERCIAL BANK OF , VENUS MEDICAL AND PHARMACEUTICALS P, among 13 total buyers. The largest importer is ETHIOPIAN PHARMACEUTICALS SUPPLY AG, accounting for $1.6M USD across 9 shipments — representing 89% of all folic imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | ETHIOPIAN PHARMACEUTICALS SUPPLY AG | 9 | $1.6M | 89.5% |
| 2 | ETHIOPIAN PHARMACEUTICAL SUPPLY AGE | 1 | $60.2K | 3.3% |
| 3 | AHADU BANK | 1 | $23.9K | 1.3% |
| 4 | TO THE ORDER OF COMMERCIAL BANK OF | 1 | $23.7K | 1.3% |
| 5 | VENUS MEDICAL AND PHARMACEUTICALS P | 3 | $15.5K | 0.8% |
| 6 | TO THE ORDER OF NIB INTERNATIONAL B | 1 | $13.2K | 0.7% |
| 7 | ZEMEN BANK | 1 | $13.2K | 0.7% |
| 8 | KARE PHARMACEUTICALS PLC | 1 | $8.7K | 0.5% |
| 9 | KARE PHARMACEUTICALS PLC | 1 | $8.7K | 0.5% |
| 10 | KARE PHARMACEUTICALS PLC. | 1 | $8.6K | 0.5% |
Showing top 10 of 13 Folic importers in Ethiopia on this route.
Top 10 Folic Formulations Imported by Ethiopia
Showing top 10 of 13 product formulations shipped on the India to Ethiopia Folic route, ranked by trade value
Ethiopia imports a wide range of folic formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — IRON FOLATE[FERROUS SULFATE 200MG+FOLIC — accounts for $1.3M USD across 6 shipments. There are 13 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 | IRON FOLATE[FERROUS SULFATE 200MG+FOLIC | 6 | $1.3M | 70.9% |
| 2 | IRON FOLATE[FERROUS SULFATE 200 MG+FOLIC ACID 0.40 MG TABLETS] 10X10 EH FILM COATED TABLET CONT. DRIED FERROUS SULFATE INOS | 3 | $342.6K | 18.6% |
| 3 | FOLIC ACID-5MG TABLET (10X10'S) (BATCH N | 1 | $60.2K | 3.3% |
| 4 | PHARMACEUTICAL FORMULATIONS: I-UP SUSPENSION FERROUS ASCORBATE & FOLIC ACID SUSPENSION PACKING: 200 ML PET BOTTLE B | 2 | $37.1K | 2.0% |
| 5 | PHARMACEUTICAL FORMULATIONS:I-UP SUSPENSION (FERROUS ASCORBATE & FOLIC ACID SUSPENSION)(PACKING: 200 ML PET BOTTLE)(BATC | 1 | $23.7K | 1.3% |
| 6 | VENUFOL (DRIED FERROUS SULPHATE + FOLICACID CAPSULES), BATCH# VENF 34002, MFG DT. 11/2023, EXP.DT. 10/2026NOS | 3 | $15.5K | 0.8% |
| 7 | PHARMACEUTICAL FORMULATIONS I UP SUSPENSION FERROUS ASCORBATE FOLIC ACID SUSPENSION PACKING 200 ML PET BOTTLE B | 1 | $13.2K | 0.7% |
| 8 | FEROFLIC CAPSULES OF FERROUS SULPHATE WITH FOLIC ACID | 1 | $8.7K | 0.5% |
| 9 | FEROFLIC (Capsule Of Ferrous Sulphate With Folic Acid) | 1 | $8.7K | 0.5% |
| 10 | FEROFLIC (FERROUS SULPHATE WITH FOLIC ACID CAPSULE) | 1 | $8.6K | 0.5% |
Showing top 10 of 13 Folic formulations imported by Ethiopia on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Balanced freight mix — 66% sea for bulk, 16% air for urgent orders.
Top Ports of Origin
NHAVA SHEVA SEA (INNSA1) handles the highest volume with 7 shipments. Transit time averages 18 days by sea.
Market Dynamics
India's folic exports to Ethiopia are driven primarily by a handful of large-scale manufacturers. MEDICAMEN BIOTECH LIMITED with 10 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 9 active exporters signals a competitive but concentrated market — buyers in Ethiopia benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — MEDICAMEN BIOTECH LIMITED, BAFNA PHARMACEUTICALS LIMITED , CACHET PHARMACEUTICALS PRIVATE LIMITED — together account for 96% of total trade value on this route. The average shipment value of $80.0K 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 iron folate[ferrous sulfate 200 mg+folic acid 0.40 mg tablets] 10x10 eh film coated tablet cont. dried ferrous sulfate inos and folic acid-5mg tablet (10x10's) (batch n , suggesting that buyers in Ethiopia tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, ETHIOPIAN PHARMACEUTICALS SUPPLY AG is the largest importer with 9 shipments worth $1.6M USD — representing 89% of all folic imports from India on this route. A total of 13 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $1.8M
- Avg. Shipment
- $80.0K
- Suppliers
- 9
- Buyers
- 13
- Transit (Sea)
- ~18 days
- Annual Growth
- +25.5%
Other Folic Routes
Unlock the Full India to Ethiopia Folic Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 23 shipments on this route.
Frequently Asked Questions — India to Ethiopia Folic Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Folic to Ethiopia?
The leading Indian exporters of Folic to Ethiopia are MEDICAMEN BIOTECH LIMITED, BAFNA PHARMACEUTICALS LIMITED , CACHET PHARMACEUTICALS PRIVATE LIMITED. MEDICAMEN BIOTECH LIMITED holds the largest market share at approximately 90% of total trade value on this route.
Q What is the total value of Folic exports from India to Ethiopia?
India exports Folic to Ethiopia worth approximately $1.8M USD across 23 recorded shipments. The average value per shipment is $80.0K USD.
Q Which ports does India use to ship Folic to Ethiopia?
The most active port of origin is NHAVA SHEVA SEA (INNSA1) with 7 shipments. Indian exporters primarily use a mix of sea and air freight for this route, with 66% of shipments going by sea and 16% by air.
Q How long does shipping take from India to Ethiopia for Folic?
The average transit time for Folic shipments from India to Ethiopia 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 April–June.
Q Is the India to Ethiopia Folic trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 25.5% with demand growth tracking at 23.3%. The route is ranked #4 among India's top Folic export destinations globally.
Q How many suppliers are active on the India to Ethiopia Folic route?
There are currently 9 active Indian suppliers exporting Folic to Ethiopia. The market is moderately concentrated with MEDICAMEN BIOTECH LIMITED accounting for 90% of total shipment value.
Q Who are the main importers of Folic from India in Ethiopia?
The leading importers of Indian Folic in Ethiopia include ETHIOPIAN PHARMACEUTICALS SUPPLY AG, ETHIOPIAN PHARMACEUTICAL SUPPLY AGE , AHADU BANK, TO THE ORDER OF COMMERCIAL BANK OF , VENUS MEDICAL AND PHARMACEUTICALS P. ETHIOPIAN PHARMACEUTICALS SUPPLY AG is the largest buyer with 9 shipments worth $1.6M 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 Ethiopia export trade corridor identified from Indian Customs (DGFT) records for Folic.
- 2.Supplier/Buyer Matching: 9 Indian exporters and 13 importers in Ethiopia matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 23 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
23 Verified Shipments
9 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists