India to Venezuela: Nitrofurantoin Export Trade Route

The India to Venezuela Nitrofurantoin corridor is one of India's established pharmaceutical export routes, with 31 shipments documented worth a combined $323.0K USD. The route is dominated by SAGA LIFESCIENCES LIMITED, which alone accounts for roughly 39% of all export value, reflecting the consolidated nature of India's nitrofurantoin manufacturing sector.

Across 12 active suppliers, the average shipment value stands at $10.4K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Freight is split between sea (68%) and air (18%), suggesting a mix of scheduled bulk orders and time-sensitive consignments.

Shipment activity peaks during January–March, with an average transit time of 33 days port-to-port. The route has recorded an annual growth rate of 18.4%, placing it at rank #14 among India's top nitrofurantoin export destinations globally.

On the import side, key buyers of Indian nitrofurantoin in Venezuela include NA, COMERCIALIZADORA TIARES CA, TO THE ORDER and 11 others. NA is the single largest importer with 6 shipments valued at $159.1K USD.

India's nitrofurantoin exports to Venezuela are driven primarily by a handful of large-scale manufacturers. SAGA LIFESCIENCES LIMITED with 5 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 12 active exporters signals a competitive but concentrated market — buyers in Venezuela benefit from supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — SAGA LIFESCIENCES LIMITED, OM POWER ENGINEERS, KWALITY PHARMACEUTICALS LIMITED — together account for 67% of total trade value on this route. The average shipment value of $10.4K 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 pharmaceutical products for human use, harmless medicines nitrofurantoin tablet100 mg.pack size:10x10 and nitrofurantoin capsules usp 50mg batch no: gc197 to gc198 manufacturing : 08/2023 exp: 07/2026, suggesting that buyers in Venezuela tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, NA is the largest importer with 6 shipments worth $159.1K USD — representing 49% of all nitrofurantoin imports from India on this route. A total of 14 buyers are active on this corridor.