India to Venezuela: Ras Export Trade Route

The India to Venezuela Ras corridor is one of India's established pharmaceutical export routes, with 93 shipments documented worth a combined $3.6M USD. The route is dominated by MEDWISE OVERSEAS PRIVATE LIMITED, which alone accounts for roughly 21% of all export value, reflecting the consolidated nature of India's ras manufacturing sector.

Across 27 active suppliers, the average shipment value stands at $39.0K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 82% of all shipments, consistent with ras's non-urgent bulk-order profile.

Shipment activity peaks during July–September, with an average transit time of 18 days port-to-port. The route has recorded an annual growth rate of 28.7%, placing it at rank #6 among India's top ras export destinations globally.

On the import side, key buyers of Indian ras in Venezuela include TO THE ORDER OF PURCHASE MANAGER OF, TO MEDICAMENTOS CONSUMOSASIA CA, TO THE ORDER OF. and 29 others. TO THE ORDER OF PURCHASE MANAGER OF is the single largest importer with 3 shipments valued at $655.1K USD.

India's ras exports to Venezuela are driven primarily by a handful of large-scale manufacturers. MEDWISE OVERSEAS PRIVATE LIMITED with 5 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 27 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 — MEDWISE OVERSEAS PRIVATE LIMITED, AXA PARENTERALS LIMITED, SAMEEKSHA PHARMACEUTICALS PRIVATE LIMITED — together account for 56% of total trade value on this route. The average shipment value of $39.0K 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 canmab 440-trastuzumab 440 mg injection and trastuzumab440 mg iny trasturel 440 mg bt no tmv1b23b03 mfg dt jan 23 exp dt dec 25, suggesting that buyers in Venezuela tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, TO THE ORDER OF PURCHASE MANAGER OF is the largest importer with 3 shipments worth $655.1K USD — representing 18% of all ras imports from India on this route. A total of 32 buyers are active on this corridor.