Metformin HS Code Trade Classification — 40 Codes, $2150.4B Trade

Q: How much Metformin is exported under HS code 30049099?

Under HS code 30049099, India exports $2150.4B worth of Metformin, representing 100.0% of total Metformin trade. This involves 15,326 shipments from 1012 Indian exporters to 1693 buyers in 393 countries.

Q: Which countries import the most Metformin from India?

The top importing countries for Metformin from India are United States, Georgia, France. The leading importer United States accounts for $171.1M in trade value. In total, Metformin is exported to buyers across multiple countries under 40 HS code classifications.

Q: Who are the top Metformin exporters from India?

The leading Metformin exporters from India include NOVARTIS PHARMA AG ($2092.0B), BOEHRINGER INGELHEIM INTERNATIONAL ($37.7B), NOVARTIS PHARMA AG ($18.6B). These suppliers export across multiple HS code classifications with a combined trade value of $2150.4B.

Q: Which Metformin HS code has the highest unit price?

HS code 30 has the highest average unit price at $3242.17 per unit for Metformin exports. This compares to the overall market average of $126967448.56 per transaction. The most traded code HS 30049099 averages $1512.16 per unit.

TransData Nexus

Metformin

India Pharmaceutical Trade Intelligence

$466.4M528 Suppliers160 CountriesHS 30049099

ExportsIndia → UNITED STATES36.7%India → GEORGIA9.7%

ImportsGREECE → India$37.7B GERMANY → India$15.6M

#1 Supplier: GRANULES INDIA

Metformin HS Codes (2026) — 40 Classifications, $2150.4B Trade | TransData Nexus | TransData Nexus

Metformin HS Code Analysis (2026)

India exports Metformin under 40 distinct HS code classifications, representing a total trade value of $2150.4B across 16,937 shipments. The dominant classification is HS 30049099 (Other medicaments, put up in measured doses or for retail sale), accounting for 100.0% of all Metformin trade at $2150.4B. HS 30043190 (Other medicaments containing insulin (retail)) follows at 0.0% ($25.9M). The top 5 HS codes together account for 100.0% of total Metformin trade from India. The average transaction value is $126967449. Key importing markets include United States, Georgia, France. Leading exporters include NOVARTIS PHARMA AG and BOEHRINGER INGELHEIM INTERNATIONAL . Data sourced from Indian Customs (DGFT) shipping bill records.

Source:

Metformin HS Code Analysis — 40 classifications, $2150.4B trade value, top HS codes breakdown and distribution — Metformin HS code analysis — 40 classifications · $2150.4B trade value · 16,937 shipmentsTransData Nexus · Indian Customs Data

Top Metformin HS Code Classifications

Ranked by trade value from Indian Customs (DGFT) data

Rank	HS Code	Trade Value	Share	Transactions	Avg Price	Suppliers	Countries
#1	30049099	$2150.4B	100.0%	15,326	$1512.16	1012	393
#2	30043190	$25.9M	0.0%

HS 30049099

Other medicaments, put up in measured doses or for retail sale · 100.0% of Metformin trade

$2150.4B

Trade Value

100.0%

Market Share

15,326

Transactions

$1512.16

Avg Unit Price

Suppliers: 1012Buyers: 1693Countries: 393

Common Product Descriptions:

METFORMIN HYDROCHLORIDE EXTENDED RELEASE

PHARMA DRUGS & MEDI ACCORD-METFORMIN 500

GLYCOHEAL 850MG TABMETFORMIN 850MG

HS 30043190

Other medicaments containing insulin (retail) · 0.0% of Metformin trade

$25.9M

Trade Value

0.0%

Market Share

766

Transactions

$963.29

Avg Unit Price

Suppliers: 76Buyers: 170Countries: 121

Common Product Descriptions:

METFORMIN TABLETS 500MG (OBMET) (4500 X

METFORMIN TABLETS BP 500MG (OBMET) (4500

METFORMIN SUSTAINED RELEASE TABLETS BP 5

HS 30

Pharmaceutical product (Chapter 30) · 0.0% of Metformin trade

$9.7M

Trade Value

0.0%

Market Share

Transactions

$3242.17

Avg Unit Price

Suppliers: 22Buyers: 19Countries: 11

Common Product Descriptions:

SAMPLE FOR TESTING - DAPAGLIFLOZIN/METFORMIN HCL 1...

VILDAGLIPTIN AND METFORMIN HYDROCHLORIDE TABLETS 5...

HS 30039090

Other medicaments of mixed constituents (not put up for retail sale) · 0.0% of Metformin trade

$4.6M

Trade Value

0.0%

Market Share

Transactions

$8.48

Avg Unit Price

Suppliers: 15Buyers: 32Countries: 34

Common Product Descriptions:

METFORMIN HCL DC 90% GRANULES (DC-8122,8

METFORMIN HYDROCHLORIDE DIRECTLY COMPRES

Compresso MF 95P Metformin Granules DC 9

HS 30042099

Medicaments containing antibiotics (retail) · 0.0% of Metformin trade

$2.8M

Trade Value

0.0%

Market Share

189

Transactions

$9.49

Avg Unit Price

Suppliers: 15Buyers: 26Countries: 19

Common Product Descriptions:

SITABET-M,(COATED TABLETS,N-2(METFORMIN

SITABET-M,(COATED TABLETS,N-60(METFORMIN

CADBOWER XR 500 METFORMIN HCL EXTENDED R

HS 30049066

Diclofenac preparations, put up for retail sale · 0.0% of Metformin trade

$2.6M

Trade Value

0.0%

Market Share

Transactions

$0.19

Avg Unit Price

Suppliers: 10Buyers: 25Countries: 22

Common Product Descriptions:

DIABETAGE (METFORMIN HYDROCHLORIDE TABLE

DIABETAGE (Metformin Hydrochloride Table

METSWIFT 500 MG (METFORMIN HYDROCHLORIDE

HS 30049061

Antihistamines and anti-allergy preparations (retail) · 0.0% of Metformin trade

$388.3K

Trade Value

0.0%

Market Share

Transactions

$0.59

Avg Unit Price

Suppliers: 2Buyers: 2Countries: 2

Common Product Descriptions:

DIAMIN 850 Tabs B56 (4x14) (METFORMIN HY

DIAMIN 500 Tabs N84 (METFORMIN HYDROCHLO

DIAMIN 850 Tabs N56 (METFORMIN HYDROCHLO

HS 30049079

Other CNS acting medicaments (retail) · 0.0% of Metformin trade

$365.2K

Trade Value

0.0%

Market Share

149

Transactions

$1.67

Avg Unit Price

Suppliers: 29Buyers: 55Countries: 48

Common Product Descriptions:

Metformin Hydrochloride Sustained Releas

VILDAGLIPTIN 50 MG & METFORMIN HYDROCHLO

Metformin Hydrochloride 850 mg Tablets (

HS 30049039

Other anti-infective/anti-parasitic medicaments (retail) · 0.0% of Metformin trade

$283.2K

Trade Value

0.0%

Market Share

Transactions

$4.61

Avg Unit Price

Suppliers: 13Buyers: 18Countries: 16

Common Product Descriptions:

GLYPHAGE-500 TABLETS (METFORMIN TABLETS

METFORMINE BGR 500 MG COATED TABLET ( (M

METFORMINE BIOGARAN 1000 MG COATED TABLE

#10

HS 30049082

Immunosuppressant preparations (retail) · 0.0% of Metformin trade

$259.1K

Trade Value

0.0%

Market Share

Transactions

$8.62

Avg Unit Price

Suppliers: 2Buyers: 3Countries: 1

Common Product Descriptions:

GEMER 2 TABLETSGLIMEPIRIDE AND EXTENDEDRELEASE MET...

GLUCORED FORTE TABLETS GLIBENCLAMIDE 5MG & METFORM...

GEMER 2 TABLETSGLIMEPIRIDE & EXTENDED RELEASE METF...

#11

HS 30049049

Other gastrointestinal preparations (retail) · 0.0% of Metformin trade

$255.3K

Trade Value

0.0%

Market Share

Transactions

$2.01

Avg Unit Price

Suppliers: 7Buyers: 7Countries: 7

Common Product Descriptions:

OTHER MEDICAMENT (METFORMIN HCL TAB IP 5

VILDAGLIPTIN AND METFORMIN HCI TABLETS(O

OTHER MEDICAMENT GLYCIPHAGE METFORMIN 500MG 20 TAB...

#12

HS 30041090

Other medicaments containing penicillins or streptomycins (retail) · 0.0% of Metformin trade

$232.0K

Trade Value

0.0%

Market Share

Transactions

$0.62

Avg Unit Price

Suppliers: 11Buyers: 14Countries: 12

Common Product Descriptions:

Metformin Hydrochloride Extended Release

Glibenclamide 5mg Metformin Hydrochlorid

Metformin Hydrochloride Tablets IP 500mg

#13

HS 30043919

Medicaments containing other hormones (retail) · 0.0% of Metformin trade

$140.9K

Trade Value

0.0%

Market Share

Transactions

$0.60

Avg Unit Price

Suppliers: 2Buyers: 1Countries: 1

Common Product Descriptions:

GLIMMET 2GLIMEPLRIDE 2MG AND METFORMINHYDROCHLORID...

GLIMMET 1GLIMEPIRIDE 1MG AND METFORMINHYDROCHLORID...

GLIMMET 2GLIMEPIRIDE 2MG AND METFORMINHYDROCHLORID...

#14

HS 30049069

Other therapeutic/prophylactic medicaments (retail) · 0.0% of Metformin trade

$112.8K

Trade Value

0.0%

Market Share

Transactions

$13.23

Avg Unit Price

Suppliers: 8Buyers: 12Countries: 12

Common Product Descriptions:

METFORMIN TABLETS BP 500MG

MELMET 850 - METFORMIN HYDROCHLORIDE 850

MELMET 500 - METFORMIN HYDROCHLORIDE 500

#15

HS 30049073

Anti-epileptic preparations, put up for retail sale · 0.0% of Metformin trade

$110.9K

Trade Value

0.0%

Market Share

Transactions

$2.31

Avg Unit Price

Suppliers: 1Buyers: 1Countries: 1

Common Product Descriptions:

METFORMIN PROLONGED RELEASE TABLETS 1000

#16

HS 30042019

Medicaments containing antibiotics (retail) · 0.0% of Metformin trade

$99.7K

Trade Value

0.0%

Market Share

Transactions

$4.03

Avg Unit Price

Suppliers: 3Buyers: 3Countries: 3

Common Product Descriptions:

PHARMACEUTICAL PRODUCTS METFORMIN TABLET

METFORMIN BIGOMET SR 500 MG TABLET (QTY

VILDAGLIPTIN & METFORMIN HCL TABLETS-VIL

#17

HS 30044990

Other medicaments containing alkaloids or derivatives (retail) · 0.0% of Metformin trade

$62.5K

Trade Value

0.0%

Market Share

Transactions

$309.07

Avg Unit Price

Suppliers: 16Buyers: 7Countries: 10

Common Product Descriptions:

LIFEBACK METFORMIN 500 TABLETS Metformin

LIFEBACK METFORMIN 500 TABLETS Metformin Tablets B...

XIGDUO(DAPAGLIFLOZIN+METFORMIN)EXTENDED RELEASE CO...

#18

HS 30049072

Sedatives, tranquillizers, anti-depressants (retail) · 0.0% of Metformin trade

$50.9K

Trade Value

0.0%

Market Share

Transactions

$0.53

Avg Unit Price

Suppliers: 4Buyers: 4Countries: 4

Common Product Descriptions:

GLIDARA XR -750 (METFORMIN HYDROCHLORIDE

Nifedipine Sustained Release Metformin H

Each Tablet Contains: Metformin 500mg

#19

HS 30049029

Other analgesics and antipyretics, put up for retail sale · 0.0% of Metformin trade

$40.2K

Trade Value

0.0%

Market Share

Transactions

$9.21

Avg Unit Price

Suppliers: 2Buyers: 2Countries: 2

Common Product Descriptions:

METFORMIN TABLETS BP

METFORMIN GLYCIPHAGE 500 MG TABLET QTY

#20

HS 30042039

Medicaments containing antibiotics (retail) · 0.0% of Metformin trade

$22.7K

Trade Value

0.0%

Market Share

Transactions

$1.28

Avg Unit Price

Suppliers: 1Buyers: 1Countries: 1

Common Product Descriptions:

PHARMACEUTICALS DRUGS MEDICINES GLUCODIX METFORMIN...

PHARMACEUTICALS DRUGS MEDICINES GLUCODIX ER 1000 M...

PHARMACEUTICALS DRUGS MEDICINES GLUCODIX ER TABLET...

Where Metformin is Exported — Geographic HS Code Analysis

Import destinations for Metformin from India, by trade value

India exports Metformin to 10+ countries under 40 HS code classifications. The largest import destination is United States ($171.1M), followed by Georgia ($45.3M) and France ($22.8M). These markets collectively account for the majority of India's Metformin pharmaceutical exports.

Rank	Country	Trade Value	Market Share
#1	United States	$171.1M	0.0%
#2	Georgia	$45.3M	0.0%
#3	France	$22.8M	0.0%
#4	United Kingdom	$20.5M	0.0%
#5	Belgium	$16.9M	0.0%
#6	South Africa	$15.0M	0.0%
#7	Malta	$14.8M	0.0%
#8	Philippines	$13.4M	0.0%
#9	Canada	$12.2M	0.0%
#10	Germany	$10.0M	0.0%

Pharmaceutical buyers in these markets import Metformin primarily under HS code 30049099 (Other medicaments, put up in measured doses or for retail sale). Import duties, regulatory requirements, and product registration vary by destination country. Contact TransData Nexus for country-specific import intelligence.

Understanding Metformin HS Codes

The Harmonized System (HS) is an internationally standardized system of names and numbers to classify traded products. Developed by the World Customs Organization (WCO), it is used by over 200 countries for customs tariffs, trade statistics, and regulatory compliance. Each HS code is a 6-digit number (extended to 8 digits in India's Customs Tariff Schedule) that precisely identifies a product category.

How Metformin HS Codes Work

Metformin falls under Chapter 30 (Pharmaceutical Products) of the Harmonized System. The 40 codes used for Metformin exports span multiple headings:

Heading 3003 — Medicaments not put up in measured doses or for retail sale (bulk APIs, intermediates)
Heading 3004 — Medicaments put up in measured doses or for retail sale (finished formulations)
Heading 3005 — Wadding, gauze, bandages for medical use
Heading 3006 — Pharmaceutical goods (sutures, reagents, dental cements)

The most significant distinction for Metformin is between HS 3003 (bulk/unmeasured) and HS 3004 (retail-ready). HS 3004 codes account for the majority of Metformin trade (including the dominant code 30049099 at 100.0%). The 8-digit Indian Customs Tariff code further specifies the therapeutic class — for example, HS 30049099 refers to "Other medicaments, put up in measured doses or for retail sale".

Regulatory & Compliance — Metformin Export Classification

Correct HS code classification is critical for Metformin exports from India. Misclassification can result in customs delays, incorrect duty assessment, and regulatory penalties. Key compliance considerations for pharmaceutical stakeholders:

Import Duty Classification

Metformin import duties vary significantly by HS code and destination country. HS 3004 (finished formulations) typically attracts different duty rates than HS 3003 (bulk APIs). Many developing countries offer preferential rates for essential medicines including Metformin.

DGFT & Indian Customs Requirements

Indian exporters must declare the correct 8-digit ITC-HS code on shipping bills filed with the Directorate General of Foreign Trade (DGFT). Metformin exports require Drug Controller General of India (DCGI) approval and must comply with Drug & Cosmetics Act regulations.

WHO Prequalification

For international procurement (UNICEF, Global Fund), Metformin products must meet WHO Prequalification standards. WHO PQ status affects which HS codes are eligible for preferential procurement pricing and duty exemptions in recipient countries.

Country-Specific Registration

Each destination country requires product registration before import. Key markets like United States and Georgia have specific pharmaceutical regulatory bodies that must approve the product before customs clearance.

Related Diabetes & Endocrine — Products Sharing Similar HS Codes

Other products in the Diabetes & Endocrine therapeutic category that may share HS code classifications with Metformin

insulin glipizide glyburide

Tariff Schedule — Top Markets

TransData Nexus Metformin HS code trade compliance intelligence

1Tariff Schedule — Top Markets

For the countries listed—United States, Georgia, France, United Kingdom, Belgium, South Africa, Malta, and the Philippines—import duties for pharmaceuticals under HS code 30049099 vary:

United States: The Harmonized Tariff Schedule (HTS) classifies pharmaceuticals under HS code 30049099, with specific duty rates depending on the product and its classification.

European Union (including France, Belgium, and Malta): The EU's Common External Tariff generally imposes a 0% duty on pharmaceutical products under HS code 30049099.

United Kingdom: Post-Brexit, the UK Global Tariff mirrors the EU's 0% duty on pharmaceuticals under HS code 30049099.

South Africa: The South African Revenue Service (SARS) typically applies a 0% duty on pharmaceutical products under HS code 30049099.

Georgia: As a member of the World Trade Organization (WTO), Georgia's tariff rates align with its commitments, often resulting in low or zero duties on pharmaceuticals.

Classification Disputes & Misclassification Risks

TransData Nexus Metformin HS code trade compliance intelligence

1Classification Disputes & Misclassification Risks

Metformin's classification under HS codes 3003 and 3004 depends on its form:

HS code 3003: Applies to medicaments not put up in measured doses or for retail sale.

HS code 3004: Pertains to medicaments in measured doses or forms for retail sale.

Given that Metformin is typically marketed in tablet form for retail, it correctly falls under HS code 3004. Misclassification can lead to customs penalties, including fines and shipment delays. Our data indicates that Metformin is consistently classified under HS code 30049099, reflecting accurate adherence to classification standards.

TransData Nexus Research · WTO tariff schedules, WCO classification, pharmacopoeia standardsMar 2026

Pharmacopoeia & Quality Standards

TransData Nexus Metformin HS code trade compliance intelligence

1Pharmacopoeia & Quality Standards

Metformin is recognized in major pharmacopoeias:

United States Pharmacopeia (USP)

British Pharmacopoeia (BP)

European Pharmacopoeia (EP)

Indian Pharmacopoeia (IP)

These monographs specify:

Purity/Assay Requirements: Typically, Metformin hydrochloride must contain 98.0% to 102.0% of the labeled amount.

Dissolution Testing: Ensures tablets release the active ingredient appropriately, with specific conditions outlined in each pharmacopoeia.

Stability Testing: Conducted per ICH guidelines, considering climatic zones to ensure product efficacy throughout its shelf life.

Frequently Asked Questions — Metformin HS Codes

Common questions about Metformin trade classification, answered with data from Indian Customs records.

What is the HS code for Metformin exports from India?

The most commonly used HS code for Metformin exports from India is 30049099 (Other medicaments, put up in measured doses or for retail sale), which accounts for 100.0% of all Metformin trade valued at $2150.4B. In total, India exports Metformin under 40 distinct HS code classifications.

How many HS codes are used for Metformin trade?

Metformin is exported from India under 40 different HS code classifications, covering a total trade value of $2150.4B across 16,937 shipments. The top 5 HS codes account for 100.0% of total trade.

What is HS code 30049099?

HS code 30049099 refers to "Other medicaments, put up in measured doses or for retail sale" under Chapter 30 (Pharmaceutical Products) of the Harmonized System. For Metformin, this code covers $2150.4B in trade value with 15,326 transactions, 1012 suppliers, and 1693 buyers across 393 countries. The average unit price under this code is $1512.16.

What is the difference between HS 30049099 and 30043190 for Metformin?

HS 30049099 (Other medicaments, put up in measured doses or for retail sale) accounts for 100.0% of Metformin trade ($2150.4B) with an average unit price of $1512.16, while HS 30043190 (Other medicaments containing insulin (retail)) covers 0.0% ($25.9M) at $963.29 per unit. HS 30049099 involves 1012 suppliers and 1693 buyers, compared to 76 suppliers and 170 buyers for HS 30043190.

Official References & Regulatory Resources

HS code classifications follow the WCO Harmonized System. Verify tariff rates with your national customs authority.

Research Methodology & Data Transparency

Suresh Sormare

Verified Author

Pharmaceutical 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/sureshsormare

Primary 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.

Metformin

Metformin

Top Metformin HS Code Classifications

All Metformin HS Code Classifications

Top Suppliers

Related Analysis

Need HS Code Reports?

Where Metformin is Exported — Geographic HS Code Analysis

Understanding Metformin HS Codes

How Metformin HS Codes Work

Regulatory & Compliance — Metformin Export Classification

Import Duty Classification

DGFT & Indian Customs Requirements

WHO Prequalification

Country-Specific Registration

Related Diabetes & Endocrine — Products Sharing Similar HS Codes

Tariff Schedule — Top Markets

1Tariff Schedule — Top Markets

Classification Disputes & Misclassification Risks

1Classification Disputes & Misclassification Risks

Pharmacopoeia & Quality Standards

1Pharmacopoeia & Quality Standards

Frequently Asked Questions — Metformin HS Codes

What is the HS code for Metformin exports from India?

How many HS codes are used for Metformin trade?

What is HS code 30049099?

What is the difference between HS 30049099 and 30043190 for Metformin?

Official References & Regulatory Resources

Research Methodology & Data Transparency

Suresh Sormare

Primary Data Source

How much Metformin is exported under HS code 30049099?

Which countries import the most Metformin from India?

Who are the top Metformin exporters from India?

Which Metformin HS code has the highest unit price?

Analysis Methodology