India to Nigeria: Glimepiride Export Trade Route
India has recorded 64 verified shipments of Glimepiride exported to Nigeria, representing a combined trade value of $926.4K USD. This corridor is served by 16 active Indian exporters, with an average shipment value of $14.5K USD. The leading Indian exporter is THE MADRAS PHARMACEUTICALS , which accounts for 24% of total export value with 2 shipments worth $224.7K USD. On the buying side, M/S.CLARION MEDICALS LIMITED is the largest importer in Nigeria with $224.7K USD in purchases. The top 3 suppliers — THE MADRAS PHARMACEUTICALS , INVENTIA HEALTHCARE LIMITED, INVENTIA HEALTHCARE 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 Nigeria Glimepiride corridor is one of India's established pharmaceutical export routes, with 64 shipments documented worth a combined $926.4K USD. The route is dominated by THE MADRAS PHARMACEUTICALS , which alone accounts for roughly 24% of all export value, reflecting the consolidated nature of India's glimepiride manufacturing sector.
Across 16 active suppliers, the average shipment value stands at $14.5K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 81% of all shipments, consistent with glimepiride's non-urgent bulk-order profile.
Shipment activity peaks during January–March, with an average transit time of 16 days port-to-port. The route has recorded an annual growth rate of 17.5%, placing it at rank #16 among India's top glimepiride export destinations globally.
On the import side, key buyers of Indian glimepiride in Nigeria include M/S.CLARION MEDICALS LIMITED , MAY AND BAKER NIGERIA PLC , MICRO NOVA PHARMACEUTICALS IND and 19 others. M/S.CLARION MEDICALS LIMITED is the single largest importer with 2 shipments valued at $224.7K USD.
Route Characteristics
- Average transit16 days
- Peak seasonQ1
- Primary modeSea freight
- Top portSAHAR AIR CARGO ACC (INBOM4)
Market Position
- Global rank#16
- Annual growth+17.5%
- Demand growth+16.9%
- Regulatory ease85/100
Top 10 Indian Glimepiride Exporters to Nigeria
Showing top 10 of 16 Indian suppliers exporting Glimepiride to Nigeria, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | THE MADRAS PHARMACEUTICALS Avg $112.4K per shipment | 2 | $224.7K | 24.3% |
| 2 | INVENTIA HEALTHCARE LIMITED Avg $10.8K per shipment | 17 | $183.2K | 19.8% |
| 3 | INVENTIA HEALTHCARE LIMITED Avg $30.1K per shipment | 6 | $180.9K | 19.5% |
| 4 | MICRO LABS LIMITED Avg $20.3K per shipment | 5 | $101.6K | 11.0% |
| 5 | THE MADRAS PHARMACEUTICALS Avg $12.7K per shipment | 7 | $89.1K | 9.6% |
| 6 | MICRO LABS LIMITED Avg $26.0K per shipment | 2 | $52.1K | 5.6% |
| 7 | MICRO LABS LTD Avg $31.6K per shipment | 1 | $31.6K | 3.4% |
| 8 | ANTILA LIFESCIENCES PRIVATE LIMITED Avg $4.9K per shipment | 5 | $24.4K | 2.6% |
| 9 | FINECURE PHARMACEUTICALS LIMITED Avg $1.7K per shipment | 6 | $10.4K | 1.1% |
| 10 | NOVOPHARM FORMULATIONS PRIVATE LIMITED Avg $2.5K per shipment | 4 | $9.9K | 1.1% |
This table shows the top 10 of 16 Indian companies exporting glimepiride to Nigeria, ranked by total trade value. The listed exporters are: THE MADRAS PHARMACEUTICALS , INVENTIA HEALTHCARE LIMITED, INVENTIA HEALTHCARE LIMITED , MICRO LABS LIMITED, THE MADRAS PHARMACEUTICALS, MICRO LABS LIMITED , MICRO LABS LTD, ANTILA LIFESCIENCES PRIVATE LIMITED, FINECURE PHARMACEUTICALS LIMITED, NOVOPHARM FORMULATIONS PRIVATE LIMITED. THE MADRAS PHARMACEUTICALS is the dominant supplier with 2 shipments worth $224.7K USD, giving it a 24% market share. The top 3 suppliers together account for 64% of the total trade value on this route.
Showing top 10 of 16 total Indian exporters on the India to Nigeria Glimepiride export route.
Top 10 Glimepiride Importers in Nigeria
Showing top 10 of 22 known buyers in Nigeria receiving Glimepiride shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian glimepiride in Nigeria include M/S.CLARION MEDICALS LIMITED , MAY AND BAKER NIGERIA PLC , MICRO NOVA PHARMACEUTICALS IND, CLARION MEDICALS LIMITED, TO ZENITH BANK PLC, among 22 total buyers. The largest importer is M/S.CLARION MEDICALS LIMITED , accounting for $224.7K USD across 2 shipments — representing 24% of all glimepiride imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | M/S.CLARION MEDICALS LIMITED | 2 | $224.7K | 24.3% |
| 2 | MAY AND BAKER NIGERIA PLC | 4 | $121.7K | 13.1% |
| 3 | MICRO NOVA PHARMACEUTICALS IND | 5 | $102.4K | 11.1% |
| 4 | CLARION MEDICALS LIMITED | 7 | $89.1K | 9.6% |
| 5 | TO ZENITH BANK PLC | 2 | $61.1K | 6.6% |
| 6 | TO ZENITH BANK PLC | 2 | $59.2K | 6.4% |
| 7 | MICRO NOVA PHARMACEUTICALS IND | 2 | $52.1K | 5.6% |
| 8 | MAY AND BAKER NIGERIA PLC | 3 | $45.8K | 4.9% |
| 9 | TO THE ORDER OF, | 3 | $44.0K | 4.8% |
| 10 | MICRO NOVA PHARMACEUTICALS IND LIMITED | 1 | $30.8K | 3.3% |
Showing top 10 of 22 Glimepiride importers in Nigeria on this route.
Top 10 Glimepiride Formulations Imported by Nigeria
Showing top 10 of 44 product formulations shipped on the India to Nigeria Glimepiride route, ranked by trade value
Nigeria imports a wide range of glimepiride formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — TAB.GLUCOCARE TABLETS (GLIMEPIRIDE USP 1 — accounts for $224.7K USD across 2 shipments. There are 44 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 | TAB.GLUCOCARE TABLETS (GLIMEPIRIDE USP 1 | 2 | $224.7K | 24.3% |
| 2 | CO-MEPIRYL FORTE-(GLIMEPIRIDE 2MG AND ME | 2 | $86.9K | 9.4% |
| 3 | GLUCOCARE TABLET (GLIMEPIRIDE USP 1 MG &METFORMIN HYDROCHLORIDE BP 1000 MG ST TABLETS) (4X15`S)PCS | 3 | $44.1K | 4.8% |
| 4 | CO-MEPIRYL FORTE (GLIMEPIRIDE 2MG AND METFORMIN HYDROCHLORIDE SUSTAINED RELEASE1000MG TABLETS.)(NOS=CARTON)NOS | 3 | $44.0K | 4.8% |
| 5 | Co-Mepiryl Forte (Glimepiride 2mg and Me | 1 | $43.6K | 4.7% |
| 6 | CO-MEPIRYL FORTE (GLIMEPIRIDE 2MG AND ME | 1 | $42.3K | 4.6% |
| 7 | CO-MEPIRYL TABLETS-(GLIMEPIRIDE AND METF | 2 | $34.8K | 3.8% |
| 8 | Co Mepiryl Forte Glimepiride 2mg and Metformin Hydrochloride Sustained Release1000mg Tablets | 1 | $34.0K | 3.7% |
| 9 | DIAPRIDE GLIMEPIRIDE TABLETS 4MG 3 X 10'S | 1 | $31.6K | 3.4% |
| 10 | DIAPRIDE 4 (GLIMEPIRIDE TABLETS 4MG) 3X1 | 1 | $31.1K | 3.4% |
Showing top 10 of 44 Glimepiride formulations imported by Nigeria on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 81%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
SAHAR AIR CARGO ACC (INBOM4) handles the highest volume with 9 shipments. Transit time averages 16 days by sea.
Market Dynamics
India's glimepiride exports to Nigeria are driven primarily by a handful of large-scale manufacturers. THE MADRAS PHARMACEUTICALS with 2 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 16 active exporters signals a competitive but concentrated market — buyers in Nigeria benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — THE MADRAS PHARMACEUTICALS , INVENTIA HEALTHCARE LIMITED, INVENTIA HEALTHCARE LIMITED — together account for 64% of total trade value on this route. The average shipment value of $14.5K 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 co-mepiryl forte-(glimepiride 2mg and me and glucocare tablet (glimepiride usp 1 mg &metformin hydrochloride bp 1000 mg st tablets) (4x15`s)pcs, suggesting that buyers in Nigeria tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, M/S.CLARION MEDICALS LIMITED is the largest importer with 2 shipments worth $224.7K USD — representing 24% of all glimepiride imports from India on this route. A total of 22 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $926.4K
- Avg. Shipment
- $14.5K
- Suppliers
- 16
- Buyers
- 22
- Transit (Sea)
- ~16 days
- Annual Growth
- +17.5%
Related Analysis
Other Glimepiride Routes
Unlock the Full India to Nigeria Glimepiride Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 64 shipments on this route.
Frequently Asked Questions — India to Nigeria Glimepiride Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Glimepiride to Nigeria?
The leading Indian exporters of Glimepiride to Nigeria are THE MADRAS PHARMACEUTICALS , INVENTIA HEALTHCARE LIMITED, INVENTIA HEALTHCARE LIMITED . THE MADRAS PHARMACEUTICALS holds the largest market share at approximately 24% of total trade value on this route.
Q What is the total value of Glimepiride exports from India to Nigeria?
India exports Glimepiride to Nigeria worth approximately $926.4K USD across 64 recorded shipments. The average value per shipment is $14.5K USD.
Q Which ports does India use to ship Glimepiride to Nigeria?
The most active port of origin is SAHAR AIR CARGO ACC (INBOM4) with 9 shipments. Indian exporters primarily use sea freight for this route, with 81% of shipments going by sea and 27% by air.
Q How long does shipping take from India to Nigeria for Glimepiride?
The average transit time for Glimepiride shipments from India to Nigeria is approximately 16 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 Nigeria Glimepiride trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 17.5% with demand growth tracking at 16.9%. The route is ranked #16 among India's top Glimepiride export destinations globally.
Q How many suppliers are active on the India to Nigeria Glimepiride route?
There are currently 16 active Indian suppliers exporting Glimepiride to Nigeria. The market is moderately concentrated with THE MADRAS PHARMACEUTICALS accounting for 24% of total shipment value.
Q Who are the main importers of Glimepiride from India in Nigeria?
The leading importers of Indian Glimepiride in Nigeria include M/S.CLARION MEDICALS LIMITED , MAY AND BAKER NIGERIA PLC , MICRO NOVA PHARMACEUTICALS IND, CLARION MEDICALS LIMITED, TO ZENITH BANK PLC. M/S.CLARION MEDICALS LIMITED is the largest buyer with 2 shipments worth $224.7K 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 Nigeria export trade corridor identified from Indian Customs (DGFT) records for Glimepiride.
- 2.Supplier/Buyer Matching: 16 Indian exporters and 22 importers in Nigeria matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 64 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
64 Verified Shipments
16 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists