India to Madagascar: Losartan Export Trade Route

The India to Madagascar Losartan corridor is one of India's established pharmaceutical export routes, with 234 shipments documented worth a combined $6.8M USD. The route is dominated by MICRO LABS LIMITED, which alone accounts for roughly 48% of all export value, reflecting the consolidated nature of India's losartan manufacturing sector.

Across 20 active suppliers, the average shipment value stands at $29.2K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 82% of all shipments, consistent with losartan's non-urgent bulk-order profile.

Shipment activity peaks during January–March, with an average transit time of 20 days port-to-port. The route has recorded an annual growth rate of 17.3%, placing it at rank #3 among India's top losartan export destinations globally.

On the import side, key buyers of Indian losartan in Madagascar include OPHAM, SOMAPHAR, SOMAPHAR. and 29 others. OPHAM is the single largest importer with 24 shipments valued at $1.6M USD.

India's losartan exports to Madagascar are driven primarily by a handful of large-scale manufacturers. MICRO LABS LIMITED with 110 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 20 active exporters signals a competitive but concentrated market — buyers in Madagascar benefit from supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — MICRO LABS LIMITED, CIPLA LIMITED, MICRO LABS LIMITED — together account for 95% of total trade value on this route. The average shipment value of $29.2K 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 amlozaar ( (losartan potassium + amlodip and zaart h tablets (hydrochlorothiazide 12.50mg+losartan potassium 50mg) [3840(packs)x3x10's], suggesting that buyers in Madagascar tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, OPHAM is the largest importer with 24 shipments worth $1.6M USD — representing 23% of all losartan imports from India on this route. A total of 32 buyers are active on this corridor.