India to Iraq: Hydrocortisone Export Trade Route

The India to Iraq Hydrocortisone corridor is one of India's established pharmaceutical export routes, with 71 shipments documented worth a combined $1.5M USD. The route is dominated by OCEAN PHARMACEUTICAL, which alone accounts for roughly 21% of all export value, reflecting the consolidated nature of India's hydrocortisone manufacturing sector.

Across 26 active suppliers, the average shipment value stands at $21.3K 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 October–December, with an average transit time of 17 days port-to-port. The route has recorded an annual growth rate of 29.7%, placing it at rank #5 among India's top hydrocortisone export destinations globally.

On the import side, key buyers of Indian hydrocortisone in Iraq include TAJ PHARMA SCIENTIFIC BUREAU, AL NIMAA SCIENTIFIC BUREAU , VENEZIA COMPANY FOR TRADING SHIPPIN and 33 others. TAJ PHARMA SCIENTIFIC BUREAU is the single largest importer with 1 shipments valued at $241.7K USD.

India's hydrocortisone exports to Iraq are driven primarily by a handful of large-scale manufacturers. OCEAN PHARMACEUTICAL with 5 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 26 active exporters signals a competitive but concentrated market — buyers in Iraq benefit from supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — OCEAN PHARMACEUTICAL, LYKA LABS LIMITED , NIXI LABORATORIES PRIVATE LIMITED — together account for 42% of total trade value on this route. The average shipment value of $21.3K 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 lycortin -s 100mg ( hydrocortisone sodium succinate for injection b.p 100mg ),(with water for injection) and hycosel 100 mg (hydrocortisone sodium succinate for injection b.p 100mg)(with water for injection ), suggesting that buyers in Iraq tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, TAJ PHARMA SCIENTIFIC BUREAU is the largest importer with 1 shipments worth $241.7K USD — representing 16% of all hydrocortisone imports from India on this route. A total of 36 buyers are active on this corridor.