India to Venezuela: Iron Export Trade Route
India has recorded 97 verified shipments of Iron exported to Venezuela, representing a combined trade value of $3.8M USD. This corridor is served by 41 active Indian exporters, with an average shipment value of $39.4K USD. The leading Indian exporter is SAGA LIFESCIENCES LIMITED, which accounts for 77% of total export value with 2 shipments worth $2.9M USD. On the buying side, NA is the largest importer in Venezuela with $3.0M USD in purchases. The top 3 suppliers — SAGA LIFESCIENCES LIMITED, QBD BIOSCIENCES PRIVATE LIMITED , UNICURE REMEDIES PRIVATE LIMITED — together control 81% 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 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.
Route Characteristics
- Average transit22 days
