India to Canada: Metformin Export Trade Route
India has recorded 538 verified shipments of Metformin exported to Canada, representing a combined trade value of $23.2M USD. This corridor is served by 16 active Indian exporters, with an average shipment value of $43.2K USD. The leading Indian exporter is GRANULES INDIA LIMITED , which accounts for 25% of total export value with 62 shipments worth $5.9M USD. On the buying side, PHARMASCIENCE INC is the largest importer in Canada with $3.6M USD in purchases. The top 3 suppliers — GRANULES INDIA LIMITED , AUROBINDO PHARMA LTD, GRANULES INDIA LIMITED — together control 68% 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 Canada Metformin corridor is one of India's established pharmaceutical export routes, with 538 shipments documented worth a combined $23.2M USD. The route is dominated by GRANULES INDIA LIMITED , which alone accounts for roughly 25% of all export value, reflecting the consolidated nature of India's metformin manufacturing sector.
Across 16 active suppliers, the average shipment value stands at $43.2K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Freight is split between sea (69%) and air (18%), suggesting a mix of scheduled bulk orders and time-sensitive consignments.
Shipment activity peaks during October–December, with an average transit time of 30 days port-to-port. The route has recorded an annual growth rate of 25.7%, placing it at rank #13 among India's top metformin export destinations globally.
On the import side, key buyers of Indian metformin in Canada include PHARMASCIENCE INC, AURO PHARMA INC, PHARMASCIENCE INC. and 41 others. PHARMASCIENCE INC is the single largest importer with 60 shipments valued at $3.6M USD.
Route Characteristics
- Average transit30 days
- Peak seasonQ4
- Primary modeMulti-modal
- Top portHYDERABAD ICD (INSNF6)
Market Position
- Global rank#13
- Annual growth+25.7%
- Demand growth+21.6%
- Regulatory ease70/100
Top 10 Indian Metformin Exporters to Canada
Showing top 10 of 16 Indian suppliers exporting Metformin to Canada, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | GRANULES INDIA LIMITED Avg $94.4K per shipment | 62 | $5.9M | 25.2% |
| 2 | AUROBINDO PHARMA LTD Avg $32.7K per shipment | 165 | $5.4M | 23.3% |
| 3 | GRANULES INDIA LIMITED Avg $65.8K per shipment | 68 | $4.5M | 19.3% |
| 4 | AUROBINDO PHARMA LTD Avg $62.8K per shipment | 44 | $2.8M | 11.9% |
| 5 | SRI KRISHNA PHARMACEUTICALS LIMITED Avg $23.7K per shipment | 80 | $1.9M | 8.2% |
| 6 | AUROBINDO PHARMA LIMITED Avg $27.2K per shipment | 45 | $1.2M | 5.3% |
| 7 | EMCURE PHARMACEUTICALS LIMITED Avg $60.6K per shipment | 16 | $969.9K | 4.2% |
| 8 | HARMAN FINOCHEM LIMITED Avg $22.0K per shipment | 22 | $484.5K | 2.1% |
| 9 | SRI KRISHNA PHARMACEUTICALS LIMITED Avg $22.8K per shipment | 3 | $68.5K | 0.3% |
| 10 | LAURUS LABS LTD Avg $63.0K per shipment | 1 | $63.0K | 0.3% |
This table shows the top 10 of 16 Indian companies exporting metformin to Canada, ranked by total trade value. The listed exporters are: GRANULES INDIA LIMITED , AUROBINDO PHARMA LTD, GRANULES INDIA LIMITED, AUROBINDO PHARMA LTD , SRI KRISHNA PHARMACEUTICALS LIMITED, AUROBINDO PHARMA LIMITED, EMCURE PHARMACEUTICALS LIMITED, HARMAN FINOCHEM LIMITED, SRI KRISHNA PHARMACEUTICALS LIMITED , LAURUS LABS LTD. GRANULES INDIA LIMITED is the dominant supplier with 62 shipments worth $5.9M USD, giving it a 25% market share. The top 3 suppliers together account for 68% of the total trade value on this route.
Showing top 10 of 16 total Indian exporters on the India to Canada Metformin export route.
Top 10 Metformin Importers in Canada
Showing top 10 of 44 known buyers in Canada receiving Metformin shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian metformin in Canada include PHARMASCIENCE INC, AURO PHARMA INC, PHARMASCIENCE INC. , AURO PHARMA INC, , TEVA CANADA LIMITED , among 44 total buyers. The largest importer is PHARMASCIENCE INC, accounting for $3.6M USD across 60 shipments — representing 16% of all metformin imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | PHARMASCIENCE INC | 60 | $3.6M | 15.6% |
| 2 | AURO PHARMA INC | 144 | $3.4M | 14.5% |
| 3 | PHARMASCIENCE INC. | 35 | $3.2M | 13.8% |
| 4 | AURO PHARMA INC, | 44 | $2.8M | 11.9% |
| 5 | TEVA CANADA LIMITED | 19 | $1.7M | 7.3% |
| 6 | MARCAN PHARMACEUTICALS INC | 27 | $1.2M | 5.3% |
| 7 | AURO PHARMA INC, | 31 | $1.1M | 4.7% |
| 8 | PHARMASCIENCE INC | 8 | $953.0K | 4.1% |
| 9 | AURO PHARMA INC C O LYNDEN | 13 | $909.4K | 3.9% |
| 10 | TEVA CANADA LIMITED | 8 | $845.5K | 3.6% |
Showing top 10 of 44 Metformin importers in Canada on this route.
Top 10 Metformin Formulations Imported by Canada
Showing top 10 of 273 product formulations shipped on the India to Canada Metformin route, ranked by trade value
Canada imports a wide range of metformin formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — METFORMIN TABLETS 500MG(AURO-METFORMIN 5 — accounts for $2.5M USD across 31 shipments. There are 273 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 | METFORMIN TABLETS 500MG(AURO-METFORMIN 5 | 31 | $2.5M | 10.6% |
| 2 | PR METFORMIN TABLETS 500MG (23800 PAC) | 7 | $1.1M | 4.6% |
| 3 | PR METFORMIN TABLETS 850MG (13935 PAC) | 7 | $868.4K | 3.7% |
| 4 | PR METFORMIN TABLETS 500MG (15550 PAC) | 7 | $691.4K | 3.0% |
| 5 | METFORMIN TABLETS 500MG (BULK PACK) | 5 | $650.1K | 2.8% |
| 6 | ACT METFORMIN 500MG 500'S-ACTAVIS/CANADA | 5 | $606.0K | 2.6% |
| 7 | ACT METFORMIN 500MG 360' S-ACTAVIS/CANAD | 5 | $512.1K | 2.2% |
| 8 | MAR METFORMIN XR TABS 1000 MG 100T CA | 8 | $503.0K | 2.2% |
| 9 | METFORMIN TABLETS 500MG(AURO-METFORMIN 8 | 13 | $293.1K | 1.3% |
| 10 | PR METFORMIN TABLETS 850MG (4680 PAC) | 7 | $291.6K | 1.3% |
Showing top 10 of 273 Metformin formulations imported by Canada on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Balanced freight mix — 69% sea for bulk, 18% air for urgent orders.
Top Ports of Origin
HYDERABAD ICD (INSNF6) handles the highest volume with 156 shipments. Transit time averages 30 days by sea.
Market Dynamics
India's metformin exports to Canada are driven primarily by a handful of large-scale manufacturers. GRANULES INDIA LIMITED with 62 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 16 active exporters signals a competitive but concentrated market — buyers in Canada benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — GRANULES INDIA LIMITED , AUROBINDO PHARMA LTD, GRANULES INDIA LIMITED — together account for 68% of total trade value on this route. The average shipment value of $43.2K 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 pr metformin tablets 500mg (23800 pac) and pr metformin tablets 850mg (13935 pac) , suggesting that buyers in Canada tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, PHARMASCIENCE INC is the largest importer with 60 shipments worth $3.6M USD — representing 16% of all metformin imports from India on this route. A total of 44 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $23.2M
- Avg. Shipment
- $43.2K
- Suppliers
- 16
- Buyers
- 44
- Transit (Sea)
- ~30 days
- Annual Growth
- +25.7%
Reverse Direction
Canada → India — Metformin (Import)Other Metformin Routes
Unlock the Full India to Canada Metformin Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 538 shipments on this route.
Frequently Asked Questions — India to Canada Metformin Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Metformin to Canada?
The leading Indian exporters of Metformin to Canada are GRANULES INDIA LIMITED , AUROBINDO PHARMA LTD, GRANULES INDIA LIMITED. GRANULES INDIA LIMITED holds the largest market share at approximately 25% of total trade value on this route.
Q What is the total value of Metformin exports from India to Canada?
India exports Metformin to Canada worth approximately $23.2M USD across 538 recorded shipments. The average value per shipment is $43.2K USD.
Q Which ports does India use to ship Metformin to Canada?
The most active port of origin is HYDERABAD ICD (INSNF6) with 156 shipments. Indian exporters primarily use a mix of sea and air freight for this route, with 69% of shipments going by sea and 18% by air.
Q How long does shipping take from India to Canada for Metformin?
The average transit time for Metformin shipments from India to Canada is approximately 30 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 Canada Metformin trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 25.7% with demand growth tracking at 21.6%. The route is ranked #13 among India's top Metformin export destinations globally.
Q How many suppliers are active on the India to Canada Metformin route?
There are currently 16 active Indian suppliers exporting Metformin to Canada. The market is moderately concentrated with GRANULES INDIA LIMITED accounting for 25% of total shipment value.
Q Who are the main importers of Metformin from India in Canada?
The leading importers of Indian Metformin in Canada include PHARMASCIENCE INC, AURO PHARMA INC, PHARMASCIENCE INC. , AURO PHARMA INC, , TEVA CANADA LIMITED . PHARMASCIENCE INC is the largest buyer with 60 shipments worth $3.6M 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 Canada export trade corridor identified from Indian Customs (DGFT) records for Metformin.
- 2.Supplier/Buyer Matching: 16 Indian exporters and 44 importers in Canada matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 538 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
538 Verified Shipments
16 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists