India to Nigeria: Niacin Export Trade Route
India has recorded 5 verified shipments of Niacin exported to Nigeria, representing a combined trade value of $20.2K USD. This corridor is served by 2 active Indian exporters, with an average shipment value of $4.0K USD. The leading Indian exporter is VINAYAK ASSOCIATES, which accounts for 67% of total export value with 3 shipments worth $13.6K USD. On the buying side, NA is the largest importer in Nigeria with $9.5K USD in purchases. All data sourced from Indian Customs (DGFT) shipping bill records. Values reported in FOB USD.
Route Intelligence Overview
The India to Nigeria Niacin corridor is one of India's established pharmaceutical export routes, with 5 shipments documented worth a combined $20.2K USD. The route is dominated by VINAYAK ASSOCIATES, which alone accounts for roughly 67% of all export value, reflecting the consolidated nature of India's niacin manufacturing sector.
Across 2 active suppliers, the average shipment value stands at $4.0K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 84% of all shipments, consistent with niacin's non-urgent bulk-order profile.
Shipment activity peaks during April–June, with an average transit time of 22 days port-to-port. The route has recorded an annual growth rate of 12.4%, placing it at rank #3 among India's top niacin export destinations globally.
On the import side, key buyers of Indian niacin in Nigeria include NA, LIBRA LOGISTICS CONCEPTS LTD, TO THE ORDER. NA is the single largest importer with 2 shipments valued at $9.5K USD.
Route Characteristics
- Average transit22 days
- Peak season