India to Venezuela: Iron Export Trade Route

The India to Venezuela Iron corridor is one of India's established pharmaceutical export routes, with 97 shipments documented worth a combined $3.8M USD. The route is dominated by SAGA LIFESCIENCES LIMITED, which alone accounts for roughly 77% of all export value, reflecting the consolidated nature of India's iron manufacturing sector.

Across 41 active suppliers, the average shipment value stands at $39.4K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Freight is split between sea (69%) and air (18%), suggesting a mix of scheduled bulk orders and time-sensitive consignments.

Shipment activity peaks during October–December, with an average transit time of 22 days port-to-port. The route has recorded an annual growth rate of 30.2%, placing it at rank #9 among India's top iron export destinations globally.

On the import side, key buyers of Indian iron in Venezuela include NA, CASA DE REPRESENTACIONES, DIALIVEN C.A RIF-J501338191 CALLE and 39 others. NA is the single largest importer with 6 shipments valued at $3.0M USD.

India's iron exports to Venezuela are driven primarily by a handful of large-scale manufacturers. SAGA LIFESCIENCES LIMITED with 2 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 41 active exporters signals a competitive but concentrated market — buyers in Venezuela benefit from supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — SAGA LIFESCIENCES LIMITED, QBD BIOSCIENCES PRIVATE LIMITED , UNICURE REMEDIES PRIVATE LIMITED — together account for 81% of total trade value on this route. The average shipment value of $39.4K 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 spironolactone tablets bp 25mg batch no. and pharmaceuticals drugs and medicines - spironolactone tablets usp 25 mg 10x10t, suggesting that buyers in Venezuela tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, NA is the largest importer with 6 shipments worth $3.0M USD — representing 79% of all iron imports from India on this route. A total of 42 buyers are active on this corridor.