Latvia to India Pharmaceutical Import
Bilateral Trade Intelligence Β· $128.4K Total Trade Β· 12 Foreign Suppliers Β· 15 Indian Buyers Β· DGFT Verified Β· Updated March 2026
India imported $128.4K worth of pharmaceutical formulations from Latvia across 64 verified shipments, from 12 foreign suppliers to 15 Indian buyers. The top suppliers are RECIPE PLUS JSC ($44.7K) and SIA GP NORD ($29.6K). The leading products are Bisoprolol ($27K) and Semaglutide ($25K). Average shipment value: $2.0K.

Top Pharmaceutical Formulations β Latvia to India
| # | Formulation | Value | Share |
|---|---|---|---|
| 1 | Bisoprolol | $26.9K | 20.9% |
| 2 | Semaglutide | $24.9K | 19.4% |
| 3 | Amphotericin | $12.7K | 9.9% |
| 4 | Iron | $6.3K | 4.9% |
| 5 | Vitamin | $6.3K | 4.9% |
| 6 | Trastuzumab | $5.8K | 4.5% |
| 7 | Tobramycin | $5.7K | 4.5% |
| 8 | Vancomycin | $4.4K | 3.4% |
| 9 | Enoxaparin | $4.2K | 3.3% |
| 10 | Sodium | $4.2K | 3.3% |
| 11 | Gabapentin | $3.6K | 2.8% |
| 12 | Gentamicin | $2.4K | 1.9% |
| 13 | Dexamethasone | $2.1K | 1.7% |
| 14 | Moxifloxacin | $2.0K | 1.5% |
| 15 | Rivaroxaban | $1.9K | 1.5% |
India imports 20+ pharmaceutical formulations from Latvia with a combined trade value of $128.4K. Key products include Bisoprolol ($27K), Semaglutide ($25K), Amphotericin ($13K), Iron ($6K), Vitamin ($6K). These are finished dosage forms β tablets, capsules, injectables, and combination drugs β shipped from Indian manufacturing facilities with FDA, WHO-GMP, and EU GMP certifications. Data from 64 verified Indian Customs (DGFT) shipment records.
Top Pharmaceutical Products β Latvia to India Trade Routes
These are the top pharmaceutical products exported from India to Latvia, each with a dedicated trade route analysis page. Click any product to see detailed export data including Indian suppliers, Latvia buyers, regulatory requirements, and logistics for that specific product corridor. Products include Bisoprolol ($27K), Semaglutide ($25K), Amphotericin ($13K), Iron ($6K), Vitamin ($6K) β all finished pharmaceutical formulations verified from Indian Customs (DGFT) records.
Top Latvia Suppliers to India
12 Indian pharmaceutical companies export finished formulations to Latvia. Leading exporters include Recipe Plus Jsc, Sia Gp Nord, Rx Solution Limited, E-pharm Limited. The top exporter accounts for 34.8% of total IndiaβLatvia pharma exports. Source: Indian Customs (DGFT).
Top Indian Buyers from Latvia
15 companies in Latvia import pharmaceutical formulations from India. Top buyers include Aculife Healthcare Private Limited, Rusan Pharma Limited, Intas Pharmaceuticals Limited, Hetero Labs Limited. The largest buyer accounts for 27.8% of IndiaβLatvia pharma imports. Source: Indian Customs (DGFT).
Trade Statistics
Other Import Origins
Product Routes
FAQ β India to Latvia Pharmaceutical Trade
What is the total value of India's pharmaceutical export to Latvia?
India exported pharmaceuticals worth $128.4K to Latvia across 64 verified shipments.
Who are the top Indian pharmaceutical exporters to Latvia?
1. RECIPE PLUS JSC β $44.7K. 2. SIA GP NORD β $29.6K. 3. RX SOLUTION LIMITED β $20.8K. Total: 12 suppliers.
Which companies in Latvia import pharmaceuticals from India?
1. ACULIFE HEALTHCARE PRIVATE LIMITED β $35.7K. 2. RUSAN PHARMA LIMITED β $26.9K. 3. INTAS PHARMACEUTICALS LIMITED β $26.6K. 15 buyers total.
What pharmaceutical products does India export most to Latvia?
1. Bisoprolol ($26.9K, 20.9%); 2. Semaglutide ($24.9K, 19.4%); 3. Amphotericin ($12.7K, 9.9%); 4. Iron ($6.3K, 4.9%); 5. Vitamin ($6.3K, 4.9%)
Which ports handle pharmaceutical shipments from India to Latvia?
Export: . Import: .
Why does Latvia import pharmaceuticals from India?
India's cost-competitive generic drug manufacturing, WHO-GMP certified facilities, and broad product portfolio. This $128.4K corridor reflects quality compliance and pricing advantages.
What certifications do Indian pharmaceutical exporters need to supply Latvia?
WHO-GMP certification, EU GMP approval (for EU markets), product dossier registration (CTD format), and ICH guideline compliance.
What is the average shipment value for India to Latvia pharmaceutical trade?
$2.0K per consignment across 64 shipments.
How many Indian pharmaceutical companies export to Latvia?
12 Indian companies. Largest: RECIPE PLUS JSC with $44.7K.
How can I find verified Indian pharmaceutical suppliers for Latvia?
TransData Nexus covers 12 active exporters with shipment history and trade values at transdatanexus.com.
Unlock the Full India to Latvia Pharmaceutical Export Dataset
Access complete shipment records, supplier intelligence, buyer histories, and price analytics for all 64 shipments.
Official References & Regulatory Resources
- WHO Essential Medicines List
- CDSCO India
- IBEF β India Pharma Industry
- Ministry of Commerce β Pharma Exports
- Pharmexcil
Data sourced from Indian Customs (DGFT) records. Verify regulatory status with the agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records β the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Data Source: Indian Customs (DGFT) export shipping bill records covering all pharmaceutical shipments from India.
- 2.Country Matching: Shipments to Latvia identified using destination country codes from customs declarations.
- 3.Statistical Normalization: Values are statistically normalized to remove outlier transactions and ensure accurate market share representation.
- 4.Coverage: 64 verified shipments from 12 Indian exporters to 15 Latvia buyers.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
12 Exporters
15 buyers tracked
Expert-Reviewed
By pharmaceutical trade specialists