India to Sri Lanka: Magnesium Export Trade Route
India has recorded 113 verified shipments of Magnesium exported to Sri Lanka, representing a combined trade value of $3.9M USD. This corridor is served by 21 active Indian exporters, with an average shipment value of $34.6K USD. The leading Indian exporter is TORRENT PHARMACEUTICALS LTD, which accounts for 31% of total export value with 18 shipments worth $1.2M USD. On the buying side, HATTON NATIONAL BANK PLC is the largest importer in Sri Lanka with $999.1K USD in purchases. The top 3 suppliers — TORRENT PHARMACEUTICALS LTD, CIPLA LIMITED, TORRENT PHARMACEUTICALS LIMITED — together control 73% 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 Sri Lanka Magnesium corridor is one of India's established pharmaceutical export routes, with 113 shipments documented worth a combined $3.9M USD. The route is dominated by TORRENT PHARMACEUTICALS LTD, which alone accounts for roughly 31% of all export value, reflecting the consolidated nature of India's magnesium manufacturing sector.
Across 21 active suppliers, the average shipment value stands at $34.6K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 70% of all shipments, consistent with magnesium's non-urgent bulk-order profile.
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 27.9%, placing it at rank #5 among India's top magnesium export destinations globally.
On the import side, key buyers of Indian magnesium in Sri Lanka include HATTON NATIONAL BANK PLC, BREATHEFREE LANKA PVT LTD, BREATHEFREE LANKA PVT LTD and 31 others. HATTON NATIONAL BANK PLC is the single largest importer with 15 shipments valued at $999.1K USD.
Route Characteristics
- Average transit22 days
- Peak seasonQ4
- Primary modeSea freight
- Top portJNPT
Market Position
- Global rank#5
- Annual growth+27.9%
- Demand growth+23.4%
- Regulatory ease72/100
Top 10 Indian Magnesium Exporters to Sri Lanka
Showing top 10 of 21 Indian suppliers exporting Magnesium to Sri Lanka, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | TORRENT PHARMACEUTICALS LTD Avg $66.3K per shipment | 18 | $1.2M | 30.6% |
| 2 | CIPLA LIMITED Avg $32.0K per shipment | 34 | $1.1M | 27.9% |
| 3 | TORRENT PHARMACEUTICALS LIMITED Avg $62.4K per shipment | 9 | $561.6K | 14.4% |
| 4 | CIPLA LIMITED Avg $47.8K per shipment | 9 | $430.1K | 11.0% |
| 5 | TORRENT PHARMACEUTICALS LTD Avg $47.0K per shipment | 8 | $376.1K | 9.6% |
| 6 | ZYDUS LIFESCIENCES LIMITED Avg $14.8K per shipment | 8 | $118.4K | 3.0% |
| 7 | TRIVENI FORMULATIONS LIMITED Avg $15.9K per shipment | 3 | $47.7K | 1.2% |
| 8 | WALLACE PHARMACEUTICALS PRIVATE LIMITED Avg $9.8K per shipment | 3 | $29.4K | 0.8% |
| 9 | PELL TECH HEALTH CARE PRIVATE LIMITED Avg $6.3K per shipment | 3 | $19.0K | 0.5% |
| 10 | INFUGEN PHARMA PVT LTD Avg $12.3K per shipment | 1 | $12.3K | 0.3% |
This table shows the top 10 of 21 Indian companies exporting magnesium to Sri Lanka, ranked by total trade value. The listed exporters are: TORRENT PHARMACEUTICALS LTD, CIPLA LIMITED, TORRENT PHARMACEUTICALS LIMITED, CIPLA LIMITED , TORRENT PHARMACEUTICALS LTD , ZYDUS LIFESCIENCES LIMITED, TRIVENI FORMULATIONS LIMITED, WALLACE PHARMACEUTICALS PRIVATE LIMITED, PELL TECH HEALTH CARE PRIVATE LIMITED , INFUGEN PHARMA PVT LTD. TORRENT PHARMACEUTICALS LTD is the dominant supplier with 18 shipments worth $1.2M USD, giving it a 31% market share. The top 3 suppliers together account for 73% of the total trade value on this route.
Showing top 10 of 21 total Indian exporters on the India to Sri Lanka Magnesium export route.
Top 10 Magnesium Importers in Sri Lanka
Showing top 10 of 34 known buyers in Sri Lanka receiving Magnesium shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian magnesium in Sri Lanka include HATTON NATIONAL BANK PLC, BREATHEFREE LANKA PVT LTD, BREATHEFREE LANKA PVT LTD , HATTON NATIONAL BANK, HATTON NATIONAL BANK PLC,, among 34 total buyers. The largest importer is HATTON NATIONAL BANK PLC, accounting for $999.1K USD across 15 shipments — representing 26% of all magnesium imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | HATTON NATIONAL BANK PLC | 15 | $999.1K | 25.6% |
| 2 | BREATHEFREE LANKA PVT LTD | 23 | $898.4K | 23.0% |
| 3 | BREATHEFREE LANKA PVT LTD | 9 | $430.1K | 11.0% |
| 4 | HATTON NATIONAL BANK | 6 | $353.3K | 9.0% |
| 5 | HATTON NATIONAL BANK PLC, | 3 | $263.1K | 6.7% |
| 6 | BREATHEFREE LANKA PRIVATE LIMITED | 9 | $121.7K | 3.1% |
| 7 | TO THE ORDER OF HATTON NATIONAL | 2 | $112.5K | 2.9% |
| 8 | NATIONS TRUST BANK PLC, | 2 | $104.4K | 2.7% |
| 9 | HSBC | 2 | $88.5K | 2.3% |
| 10 | BREATHEFREE LANKA PVT LTD. | 2 | $68.0K | 1.7% |
Showing top 10 of 34 Magnesium importers in Sri Lanka on this route.
Top 10 Magnesium Formulations Imported by Sri Lanka
Showing top 10 of 80 product formulations shipped on the India to Sri Lanka Magnesium route, ranked by trade value
Sri Lanka imports a wide range of magnesium formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — NEXPRO 40 TABLET (ESOMEPRAZOLE MAGNESIUM — accounts for $366.3K USD across 7 shipments. There are 80 distinct product descriptions in the dataset, reflecting the variety of dosage forms and strengths imported.
| Rank | Product Formulation | Shipments | Trade Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | NEXPRO 40 TABLET (ESOMEPRAZOLE MAGNESIUM | 7 | $366.3K | 9.4% |
| 2 | ESOMAC 20 MG TABLETS (ESOMEPRAZOLEMAGNESIUM TRIHYDRATE 20MG) (INV. QTY. 51150 PACK 3X10'S=1534500 NOS) | 3 | $216.8K | 5.6% |
| 3 | NEXPRO 20MG TABLET (ESOMEPRAZOLE MAGNESIUM 20MG) (NOS = 10X10 TAB)NOS | 4 | $152.9K | 3.9% |
| 4 | NEXPRO 40 TABLET (ESOMEPRAZOLE MAGNESIUM40MG) (NOS = 10X10 TABLETS)NOS | 1 | $151.2K | 3.9% |
| 5 | NEXPRO 40 TABLET (ESOMEPRAZOLE MAGNESIUM40MG) (NOS = 10X10 TABLETS) | 2 | $150.7K | 3.9% |
| 6 | NEXPRO 40MG TABLET( ESOMEPRAZOLE MAGNESIUM TABLETS 40MG ) (NOS=10X10 TAB) | 1 | $149.6K | 3.8% |
| 7 | ESOMAC 20 MG TABLETS ESOMEPRAZOLEMAGNESIUM TRIHYDRATE 20MG INV QTY 48680 PACK 3X10 S 1460400 NOS | 2 | $136.4K | 3.5% |
| 8 | NEXPRO 40 TABLET ESOMEPRAZOLE MAGNESIUM40MG NOS=10X10 TABLETS | 2 | $125.2K | 3.2% |
| 9 | NEXPRO 40 TABLET ESOMEPRAZOLE MAGNESIUMTABLETS 40MG NOS 10X10 TABLETS | 1 | $116.9K | 3.0% |
| 10 | NEXPRO 20MG TABLET (ESOMEPRAZOLE MAGNESIUM 20MG)(NOS = 10X10 TABLETS) | 1 | $116.6K | 3.0% |
Showing top 10 of 80 Magnesium formulations imported by Sri Lanka on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 70%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
JNPT handles the highest volume with 22 shipments. Transit time averages 22 days by sea.
Market Dynamics
India's magnesium exports to Sri Lanka are driven primarily by a handful of large-scale manufacturers. TORRENT PHARMACEUTICALS LTD with 18 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 21 active exporters signals a competitive but concentrated market — buyers in Sri Lanka benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — TORRENT PHARMACEUTICALS LTD, CIPLA LIMITED, TORRENT PHARMACEUTICALS LIMITED — together account for 73% of total trade value on this route. The average shipment value of $34.6K 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 esomac 20 mg tablets (esomeprazolemagnesium trihydrate 20mg) (inv. qty. 51150 pack 3x10's=1534500 nos) and nexpro 20mg tablet (esomeprazole magnesium 20mg) (nos = 10x10 tab)nos, suggesting that buyers in Sri Lanka tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, HATTON NATIONAL BANK PLC is the largest importer with 15 shipments worth $999.1K USD — representing 26% of all magnesium imports from India on this route. A total of 34 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $3.9M
- Avg. Shipment
- $34.6K
- Suppliers
- 21
- Buyers
- 34
- Transit (Sea)
- ~22 days
- Annual Growth
- +27.9%
Other Magnesium Routes
Unlock the Full India to Sri Lanka Magnesium Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 113 shipments on this route.
Frequently Asked Questions — India to Sri Lanka Magnesium Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Magnesium to Sri Lanka?
The leading Indian exporters of Magnesium to Sri Lanka are TORRENT PHARMACEUTICALS LTD, CIPLA LIMITED, TORRENT PHARMACEUTICALS LIMITED. TORRENT PHARMACEUTICALS LTD holds the largest market share at approximately 31% of total trade value on this route.
Q What is the total value of Magnesium exports from India to Sri Lanka?
India exports Magnesium to Sri Lanka worth approximately $3.9M USD across 113 recorded shipments. The average value per shipment is $34.6K USD.
Q Which ports does India use to ship Magnesium to Sri Lanka?
The most active port of origin is JNPT with 22 shipments. Indian exporters primarily use sea freight for this route, with 70% of shipments going by sea and 19% by air.
Q How long does shipping take from India to Sri Lanka for Magnesium?
The average transit time for Magnesium shipments from India to Sri Lanka is approximately 22 days. Sea freight typically takes longer, while air freight can reduce this significantly for urgent orders. Peak shipping activity is observed during October–December.
Q Is the India to Sri Lanka Magnesium trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 27.9% with demand growth tracking at 23.4%. The route is ranked #5 among India's top Magnesium export destinations globally.
Q How many suppliers are active on the India to Sri Lanka Magnesium route?
There are currently 21 active Indian suppliers exporting Magnesium to Sri Lanka. The market is moderately concentrated with TORRENT PHARMACEUTICALS LTD accounting for 31% of total shipment value.
Q Who are the main importers of Magnesium from India in Sri Lanka?
The leading importers of Indian Magnesium in Sri Lanka include HATTON NATIONAL BANK PLC, BREATHEFREE LANKA PVT LTD, BREATHEFREE LANKA PVT LTD , HATTON NATIONAL BANK, HATTON NATIONAL BANK PLC,. HATTON NATIONAL BANK PLC is the largest buyer with 15 shipments worth $999.1K USD.
Official References & Regulatory Resources
- India Trade Statistics (DGFT)
- Invest India — Pharma Sector
- WCO HS Nomenclature
- Ministry of Commerce — Pharma Exports
- Pharmexcil
Data sourced from Indian Customs (DGFT) records. Verify regulatory and trade 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 — 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.Route Identification: India to Sri Lanka export trade corridor identified from Indian Customs (DGFT) records for Magnesium.
- 2.Supplier/Buyer Matching: 21 Indian exporters and 34 importers in Sri Lanka matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 113 verified shipping bill records. Values are FOB in USD.
- 4.Market Share Analysis: Each supplier and buyer contribution calculated as a percentage of total route value. Statistical normalization applied to ensure accurate representation across varying shipment sizes.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
113 Verified Shipments
21 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists