Latvia to India: Herbal Import Trade Route

The Latvia to India Herbal corridor is one of India's established pharmaceutical import routes from Latvia, with 8 shipments documented worth a combined $8.4K USD. The route is dominated by SIA APTIEKAS PRODUKCIJA , which alone accounts for roughly 100% of all import value, reflecting the consolidated nature of Latvia's herbal export sector.

Across 1 active Latvia suppliers, the average shipment value stands at $1.0K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 77% of all shipments, consistent with herbal's non-urgent bulk-order profile.

Shipment activity peaks during April–June, with an average transit time of 34 days port-to-port. The route has recorded an annual growth rate of 12.9%, placing it at rank #12 among India's top herbal import origins globally.

On the Indian buyer side, key Indian importers include GOODCARE PHARMA PVT LTD . GOODCARE PHARMA PVT LTD is the single largest Indian importer with 8 shipments valued at $8.4K USD.

India's herbal imports from Latvia are driven primarily by a handful of large-scale Latvia manufacturers. SIA APTIEKAS PRODUKCIJA with 8 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 1 active exporters signals a competitive but concentrated market — Indian buyers benefit from Latvia supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — SIA APTIEKAS PRODUKCIJA — together account for 100% of total trade value on this route. The average shipment value of $1.0K 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 herbal product (neem capsule - 10000 cap x 2) batch no. nem-01, mfg 01/2022, exp. 12/2024- re-import for testing and herbal product (spirulina plus capsule - 10000 cap x 2) batch no. spl-01, mfg 01/2022, exp. 12/2024- re-import for testi , suggesting that Indian buyers tend to consolidate orders across related product lines from the same Latvia supplier.

On the buying side, GOODCARE PHARMA PVT LTD is the largest importer with 8 shipments worth $8.4K USD — representing 100% of all herbal imports from Latvia on this route.