India to Nicaragua: Irbesartan Export Trade Route

The India to Nicaragua Irbesartan corridor is one of India's established pharmaceutical export routes, with 46 shipments documented worth a combined $7.6M USD. The route is dominated by CAPLIN POINT LABORATORIES LIMITED, which alone accounts for roughly 95% of all export value, reflecting the consolidated nature of India's irbesartan manufacturing sector.

Across 10 active suppliers, the average shipment value stands at $166.0K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 72% of all shipments, consistent with irbesartan's non-urgent bulk-order profile.

Shipment activity peaks during July–September, with an average transit time of 25 days port-to-port. The route has recorded an annual growth rate of 31.6%, placing it at rank #11 among India's top irbesartan export destinations globally.

On the import side, key buyers of Indian irbesartan in Nicaragua include NEOETHICALS, S.A,, NEOETHICALS S A, NEOETHICALS, S.A and 13 others. NEOETHICALS, S.A, is the single largest importer with 8 shipments valued at $6.8M USD.

India's irbesartan exports to Nicaragua are driven primarily by a handful of large-scale manufacturers. CAPLIN POINT LABORATORIES LIMITED with 19 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 10 active exporters signals a competitive but concentrated market — buyers in Nicaragua benefit from supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — CAPLIN POINT LABORATORIES LIMITED, MEDICO REMEDIES LIMITED, CAPLIN POINT LABORATORIES LIMITED — together account for 98% of total trade value on this route. The average shipment value of $166.0K 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 irbesartan and hydrochlorothiazide tablets usp 300mg/25mg and irbesartan and hydrochlorothiazide tablets usp 150mg/12.5mg, suggesting that buyers in Nicaragua tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, NEOETHICALS, S.A, is the largest importer with 8 shipments worth $6.8M USD — representing 89% of all irbesartan imports from India on this route. A total of 16 buyers are active on this corridor.