India to Australia: Metformin Export Trade Route
India has recorded 440 verified shipments of Metformin exported to Australia, representing a combined trade value of $12.4M USD. This corridor is served by 17 active Indian exporters, with an average shipment value of $28.1K USD. The leading Indian exporter is BAFNA PHARMACEUTICALS LIMITED, which accounts for 28% of total export value with 61 shipments worth $3.5M USD. On the buying side, ARROW PHARMACEUTICALS PTY LTD is the largest importer in Australia with $3.0M USD in purchases. The top 3 suppliers — BAFNA PHARMACEUTICALS LIMITED, ALKEM LABORATORIES LIMITED, STRIDES PHARMA SCIENCE LIMITED — together control 55% 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 Australia Metformin corridor is one of India's established pharmaceutical export routes, with 440 shipments documented worth a combined $12.4M USD. The route is dominated by BAFNA PHARMACEUTICALS LIMITED, which alone accounts for roughly 28% of all export value, reflecting the consolidated nature of India's metformin manufacturing sector.
Across 17 active suppliers, the average shipment value stands at $28.1K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 75% of all shipments, consistent with metformin's non-urgent bulk-order profile.
Shipment activity peaks during July–September, with an average transit time of 23 days port-to-port. The route has recorded an annual growth rate of 24.7%, placing it at rank #17 among India's top metformin export destinations globally.
On the import side, key buyers of Indian metformin in Australia include ARROW PHARMACEUTICALS PTY LTD, ARROW PHARMACEUTICALS PTY LIMITED, ARROW PHARMACEUTICALS PTY LTD and 33 others. ARROW PHARMACEUTICALS PTY LTD is the single largest importer with 70 shipments valued at $3.0M USD.
Route Characteristics
- Average transit23 days
- Peak seasonQ3
- Primary modeSea freight
- Top portJNPT/ NHAVA SHEVA SEA
Market Position
- Global rank#17
- Annual growth+24.7%
- Demand growth+20.8%
- Regulatory ease77/100
Top 10 Indian Metformin Exporters to Australia
Showing top 10 of 17 Indian suppliers exporting Metformin to Australia, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | BAFNA PHARMACEUTICALS LIMITED Avg $57.6K per shipment | 61 | $3.5M | 28.4% |
| 2 | ALKEM LABORATORIES LIMITED Avg $18.9K per shipment | 96 | $1.8M | 14.6% |
| 3 | STRIDES PHARMA SCIENCE LIMITED Avg $21.9K per shipment | 70 | $1.5M | 12.4% |
| 4 | BAFNA PHARMACEUTICALS LIMITED Avg $65.9K per shipment | 17 | $1.1M | 9.1% |
| 5 | CIPLA LIMITED Avg $18.9K per shipment | 53 | $1.0M | 8.1% |
| 6 | ALKEM LABORATORIES LIMITED Avg $32.1K per shipment | 25 | $801.8K | 6.5% |
| 7 | SRI KRISHNA PHARMACEUTICALS LIMITED Avg $17.0K per shipment | 32 | $543.0K | 4.4% |
| 8 | CIPLA LIMITED Avg $19.0K per shipment | 28 | $533.4K | 4.3% |
| 9 | EVERTOGEN LIFE SCIENCES LIMITED Avg $63.4K per shipment | 8 | $507.3K | 4.1% |
| 10 | HARMAN FINOCHEM LIMITED Avg $24.2K per shipment | 14 | $339.4K | 2.7% |
This table shows the top 10 of 17 Indian companies exporting metformin to Australia, ranked by total trade value. The listed exporters are: BAFNA PHARMACEUTICALS LIMITED, ALKEM LABORATORIES LIMITED, STRIDES PHARMA SCIENCE LIMITED, BAFNA PHARMACEUTICALS LIMITED , CIPLA LIMITED, ALKEM LABORATORIES LIMITED , SRI KRISHNA PHARMACEUTICALS LIMITED, CIPLA LIMITED , EVERTOGEN LIFE SCIENCES LIMITED, HARMAN FINOCHEM LIMITED . BAFNA PHARMACEUTICALS LIMITED is the dominant supplier with 61 shipments worth $3.5M USD, giving it a 28% market share. The top 3 suppliers together account for 55% of the total trade value on this route.
Showing top 10 of 17 total Indian exporters on the India to Australia Metformin export route.
Top 10 Metformin Importers in Australia
Showing top 10 of 36 known buyers in Australia receiving Metformin shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian metformin in Australia include ARROW PHARMACEUTICALS PTY LTD, ARROW PHARMACEUTICALS PTY LIMITED, ARROW PHARMACEUTICALS PTY LTD , PHARMACOR PTY LTD,, ALPHAPHARM PTY LTD, among 36 total buyers. The largest importer is ARROW PHARMACEUTICALS PTY LTD, accounting for $3.0M USD across 70 shipments — representing 25% of all metformin imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | ARROW PHARMACEUTICALS PTY LTD | 70 | $3.0M | 24.5% |
| 2 | ARROW PHARMACEUTICALS PTY LIMITED | 30 | $1.1M | 9.2% |
| 3 | ARROW PHARMACEUTICALS PTY LTD | 17 | $1.1M | 9.1% |
| 4 | PHARMACOR PTY LTD, | 32 | $584.2K | 4.7% |
| 5 | ALPHAPHARM PTY LTD | 13 | $578.0K | 4.7% |
| 6 | PHARMACOR PTY LTD | 23 | $512.4K | 4.1% |
| 7 | XXNERXX PAXXNERXXPTYXXTD | 8 | $507.3K | 4.1% |
| 8 | NA | 20 | $439.7K | 3.6% |
| 9 | SANDOZ PTY LTD, | 23 | $419.8K | 3.4% |
| 10 | PHARMACOR PTY LTD | 9 | $400.1K | 3.2% |
Showing top 10 of 36 Metformin importers in Australia on this route.
Top 10 Metformin Formulations Imported by Australia
Showing top 10 of 218 product formulations shipped on the India to Australia Metformin route, ranked by trade value
Australia imports a wide range of metformin formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — METEX XR (METFORMIN HYDROCHLORIDE PROLON — accounts for $1.3M USD across 18 shipments. There are 218 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 | METEX XR (METFORMIN HYDROCHLORIDE PROLON | 18 | $1.3M | 10.5% |
| 2 | METEX XR METFORMIN HYDROCHLORIDE PROLON | 8 | $613.4K | 5.0% |
| 3 | METEX XR METFORMIN HYDROCHLORIDE PROLONGED RELEASE TABLETS 500 MG XR | 6 | $376.8K | 3.0% |
| 4 | METFORMIN SANDOZ 1G TABLET 9X10S (SANDO | 13 | $303.4K | 2.5% |
| 5 | METFORMIN SANDOZ 500MG TAB(METFORMIN HYD | 12 | $285.9K | 2.3% |
| 6 | METEX XR METFORMIN HYDROCHLORIDE PROLONG | 4 | $278.2K | 2.2% |
| 7 | METEX XR METFORMIN HYDROCHLORIDE PROLONGED RELEASE TABLETS 1000 MG XR | 4 | $267.3K | 2.2% |
| 8 | METEX XR (METFORMIN HYDROCHLORIDE PROLON | 4 | $244.8K | 2.0% |
| 9 | METEX XR METFORMIN HYDROCHLORIDE PROLONGED RELEASE TABLETS 500MG XR | 3 | $242.1K | 2.0% |
| 10 | METFORMIN SANDOZ 1G TABLET 9X10S (SANDO | 13 | $190.6K | 1.5% |
Showing top 10 of 218 Metformin formulations imported by Australia on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 75%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
JNPT/ NHAVA SHEVA SEA handles the highest volume with 72 shipments. Transit time averages 23 days by sea.
Market Dynamics
India's metformin exports to Australia are driven primarily by a handful of large-scale manufacturers. BAFNA PHARMACEUTICALS LIMITED with 61 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 17 active exporters signals a competitive but concentrated market — buyers in Australia benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — BAFNA PHARMACEUTICALS LIMITED, ALKEM LABORATORIES LIMITED, STRIDES PHARMA SCIENCE LIMITED — together account for 55% of total trade value on this route. The average shipment value of $28.1K 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 metex xr metformin hydrochloride prolon and metex xr metformin hydrochloride prolonged release tablets 500 mg xr, suggesting that buyers in Australia tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, ARROW PHARMACEUTICALS PTY LTD is the largest importer with 70 shipments worth $3.0M USD — representing 25% of all metformin imports from India on this route. A total of 36 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $12.4M
- Avg. Shipment
- $28.1K
- Suppliers
- 17
- Buyers
- 36
- Transit (Sea)
- ~23 days
- Annual Growth
- +24.7%
Reverse Direction
Australia → India — Metformin (Import)Other Metformin Routes
Unlock the Full India to Australia Metformin Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 440 shipments on this route.
Frequently Asked Questions — India to Australia Metformin Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Metformin to Australia?
The leading Indian exporters of Metformin to Australia are BAFNA PHARMACEUTICALS LIMITED, ALKEM LABORATORIES LIMITED, STRIDES PHARMA SCIENCE LIMITED. BAFNA PHARMACEUTICALS LIMITED holds the largest market share at approximately 28% of total trade value on this route.
Q What is the total value of Metformin exports from India to Australia?
India exports Metformin to Australia worth approximately $12.4M USD across 440 recorded shipments. The average value per shipment is $28.1K USD.
Q Which ports does India use to ship Metformin to Australia?
The most active port of origin is JNPT/ NHAVA SHEVA SEA with 72 shipments. Indian exporters primarily use sea freight for this route, with 75% of shipments going by sea and 22% by air.
Q How long does shipping take from India to Australia for Metformin?
The average transit time for Metformin shipments from India to Australia is approximately 23 days. Sea freight typically takes longer, while air freight can reduce this significantly for urgent orders. Peak shipping activity is observed during July–September.
Q Is the India to Australia Metformin trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 24.7% with demand growth tracking at 20.8%. The route is ranked #17 among India's top Metformin export destinations globally.
Q How many suppliers are active on the India to Australia Metformin route?
There are currently 17 active Indian suppliers exporting Metformin to Australia. The market is moderately concentrated with BAFNA PHARMACEUTICALS LIMITED accounting for 28% of total shipment value.
Q Who are the main importers of Metformin from India in Australia?
The leading importers of Indian Metformin in Australia include ARROW PHARMACEUTICALS PTY LTD, ARROW PHARMACEUTICALS PTY LIMITED, ARROW PHARMACEUTICALS PTY LTD , PHARMACOR PTY LTD,, ALPHAPHARM PTY LTD. ARROW PHARMACEUTICALS PTY LTD is the largest buyer with 70 shipments worth $3.0M 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 Australia export trade corridor identified from Indian Customs (DGFT) records for Metformin.
- 2.Supplier/Buyer Matching: 17 Indian exporters and 36 importers in Australia matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 440 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
440 Verified Shipments
17 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists