India to Thailand: Serum Export Trade Route
India has recorded 46 verified shipments of Serum exported to Thailand, representing a combined trade value of $4.5M USD. This corridor is served by 15 active Indian exporters, with an average shipment value of $97.1K USD. The leading Indian exporter is VINS BIOPRODUCTS LIMITED, which accounts for 48% of total export value with 14 shipments worth $2.1M USD. On the buying side, TO BIONET-ASIA CO LTD is the largest importer in Thailand with $804.5K USD in purchases. The top 3 suppliers — VINS BIOPRODUCTS LIMITED, BHARAT SERUMS AND VACCINES LIMITED, VINS BIOPRODUCTS LIMITED — together control 92% 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 Thailand Serum corridor is one of India's established pharmaceutical export routes, with 46 shipments documented worth a combined $4.5M USD. The route is dominated by VINS BIOPRODUCTS LIMITED, which alone accounts for roughly 48% of all export value, reflecting the consolidated nature of India's serum manufacturing sector.
Across 15 active suppliers, the average shipment value stands at $97.1K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 85% of all shipments, consistent with serum's non-urgent bulk-order profile.
Shipment activity peaks during January–March, with an average transit time of 18 days port-to-port. The route has recorded an annual growth rate of 11.3%, placing it at rank #19 among India's top serum export destinations globally.
On the import side, key buyers of Indian serum in Thailand include TO BIONET-ASIA CO LTD, DLCNB , CUST ID:DLCNB and 24 others. TO BIONET-ASIA CO LTD is the single largest importer with 2 shipments valued at $804.5K USD.
Route Characteristics
- Average transit18 days
- Peak seasonQ1
- Primary modeSea freight
- Top portHYDERABAD ACC (INHYD4)
Market Position
- Global rank#19
- Annual growth+11.3%
- Demand growth+11.9%
- Regulatory ease90/100
Top 10 Indian Serum Exporters to Thailand
Showing top 10 of 15 Indian suppliers exporting Serum to Thailand, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | VINS BIOPRODUCTS LIMITED Avg $152.3K per shipment | 14 | $2.1M | 47.8% |
| 2 | BHARAT SERUMS AND VACCINES LIMITED Avg $170.2K per shipment | 7 | $1.2M | 26.7% |
| 3 | VINS BIOPRODUCTS LIMITED Avg $132.9K per shipment | 6 | $797.4K | 17.9% |
| 4 | BHARAT SERUMS AND VACCINES LIMITED Avg $333.3K per shipment | 1 | $333.3K | 7.5% |
| 5 | VIOTONIC MEDICATION Avg $3.3K per shipment | 2 | $6.6K | 0.1% |
| 6 | HIMEDIA LABORATORIES PRIVATE LIMITED Avg $554 per shipment | 4 | $2.2K | 0.0% |
| 7 | HIMEDIA LABORATORIES PVT LTD Avg $560 per shipment | 1 | $560 | 0.0% |
| 8 | BRAWN LABORATORIES LIMITED Avg $222 per shipment | 1 | $222 | 0.0% |
| 9 | JAI RESEARCH FOUNDATION Avg $97 per shipment | 1 | $97 | 0.0% |
| 10 | KING INSTITUTE OF PREVENTIVE MEDICINE Avg $12 per shipment | 2 | $24 | 0.0% |
This table shows the top 10 of 15 Indian companies exporting serum to Thailand, ranked by total trade value. The listed exporters are: VINS BIOPRODUCTS LIMITED, BHARAT SERUMS AND VACCINES LIMITED, VINS BIOPRODUCTS LIMITED , BHARAT SERUMS AND VACCINES LIMITED , VIOTONIC MEDICATION, HIMEDIA LABORATORIES PRIVATE LIMITED, HIMEDIA LABORATORIES PVT LTD, BRAWN LABORATORIES LIMITED, JAI RESEARCH FOUNDATION , KING INSTITUTE OF PREVENTIVE MEDICINE. VINS BIOPRODUCTS LIMITED is the dominant supplier with 14 shipments worth $2.1M USD, giving it a 48% market share. The top 3 suppliers together account for 92% of the total trade value on this route.
Showing top 10 of 15 total Indian exporters on the India to Thailand Serum export route.
Top 10 Serum Importers in Thailand
Showing top 10 of 27 known buyers in Thailand receiving Serum shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian serum in Thailand include TO BIONET-ASIA CO LTD, DLCNB , CUST ID:DLCNB, CUST ID :-BKK || BCL001 ||, CUST ID :- BKK || BLL/2001, among 27 total buyers. The largest importer is TO BIONET-ASIA CO LTD, accounting for $804.5K USD across 2 shipments — representing 18% of all serum imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | TO BIONET-ASIA CO LTD | 2 | $804.5K | 18.0% |
| 2 | DLCNB | 6 | $797.4K | 17.9% |
| 3 | CUST ID:DLCNB | 4 | $674.2K | 15.1% |
| 4 | CUST ID :-BKK || BCL001 || | 2 | $360.6K | 8.1% |
| 5 | CUST ID :- BKK || BLL/2001 | 2 | $344.2K | 7.7% |
| 6 | BIONET-ASIA CO.,LTD. | 1 | $333.3K | 7.5% |
| 7 | TO BIONET-ASIA CO.,LTD. | 1 | $198.6K | 4.4% |
| 8 | DLCNB | 1 | $189.3K | 4.2% |
| 9 | BIONET-ASIA CO.,LTD. | 1 | $188.3K | 4.2% |
| 10 | BIONOVEL CO., LTD | 1 | $181.4K | 4.1% |
Showing top 10 of 27 Serum importers in Thailand on this route.
Top 10 Serum Formulations Imported by Thailand
Showing top 10 of 39 product formulations shipped on the India to Thailand Serum route, ranked by trade value
Thailand imports a wide range of serum formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — EQUIRAB 1000 IU/5ML [ Rabies Antiserum -Equine] — accounts for $1.0M USD across 3 shipments. There are 39 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 | EQUIRAB 1000 IU/5ML [ Rabies Antiserum -Equine] | 3 | $1.0M | 22.5% |
| 2 | RABIES ANTISERUM 1000 I.U. I.H.S. (5 mLLIQUID VIAL) (VINRAB 1000 IU LIQUID UNIT5 ML)& (VINRAB 1000IU LIQUID QTY 1250 V | 2 | $360.6K | 8.1% |
| 3 | RABIES ANTISERUM 1000 I.U. I.H.S. (5 mLLIQUID VIAL) (VINRAB 1000 IU) LIQUID (UNIT 5 ML) & (VINRAB 1000IU LIQUID QTY 115 | 2 | $344.2K | 7.7% |
| 4 | +EQUIRAB (1000 IU/5ML RABIES ANTISERUM-E | 1 | $333.3K | 7.5% |
| 5 | RABIES ANTISERUM 1000IU VINRAB 1000IU LIQUID RABIES IMMUNOGLOBULIN OF EQUINE ORIGIN AND 2040 VIALS FREE OF COST FOR TEST | 1 | $189.3K | 4.2% |
| 6 | EQUIRAB 1000 IU/5ML [ RABIES ANTISERUM -EQUINE] | 1 | $188.3K | 4.2% |
| 7 | RABIES ANTISERUM 1000U (VINRAB 1000 IU) | 1 | $181.9K | 4.1% |
| 8 | RABIES ANTISERUM 1000 IU (VINRAB 1000IU)LIQUID (FOC 1200) | 1 | $181.4K | 4.1% |
| 9 | RABIES ANTISERUM 1000 IU (VINRAB 1000 IU) LIQUID (RABIES IMMUNOGLOBULIN OF EQUINE ORIGIN) | 1 | $181.4K | 4.1% |
| 10 | RABIES ANTISERUM 1000IU(VINRAB 1000IU)LI | 1 | $179.9K | 4.0% |
Showing top 10 of 39 Serum formulations imported by Thailand on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 85%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
HYDERABAD ACC (INHYD4) handles the highest volume with 11 shipments. Transit time averages 18 days by sea.
Market Dynamics
India's serum exports to Thailand are driven primarily by a handful of large-scale manufacturers. VINS BIOPRODUCTS LIMITED with 14 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 15 active exporters signals a competitive but concentrated market — buyers in Thailand benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — VINS BIOPRODUCTS LIMITED, BHARAT SERUMS AND VACCINES LIMITED, VINS BIOPRODUCTS LIMITED — together account for 92% of total trade value on this route. The average shipment value of $97.1K USD reflects primarily bulk commercial orders from large pharmaceutical distributors.
Beyond the primary product category, shipments on this route include closely related formulations such as rabies antiserum 1000 i.u. i.h.s. (5 mlliquid vial) (vinrab 1000 iu liquid unit5 ml)& (vinrab 1000iu liquid qty 1250 v and rabies antiserum 1000 i.u. i.h.s. (5 mlliquid vial) (vinrab 1000 iu) liquid (unit 5 ml) & (vinrab 1000iu liquid qty 115, suggesting that buyers in Thailand tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, TO BIONET-ASIA CO LTD is the largest importer with 2 shipments worth $804.5K USD — representing 18% of all serum imports from India on this route. A total of 27 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $4.5M
- Avg. Shipment
- $97.1K
- Suppliers
- 15
- Buyers
- 27
- Transit (Sea)
- ~18 days
- Annual Growth
- +11.3%
Reverse Direction
Thailand → India — Serum (Import)Other Serum Routes
Unlock the Full India to Thailand Serum Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 46 shipments on this route.
Frequently Asked Questions — India to Thailand Serum Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Serum to Thailand?
The leading Indian exporters of Serum to Thailand are VINS BIOPRODUCTS LIMITED, BHARAT SERUMS AND VACCINES LIMITED, VINS BIOPRODUCTS LIMITED . VINS BIOPRODUCTS LIMITED holds the largest market share at approximately 48% of total trade value on this route.
Q What is the total value of Serum exports from India to Thailand?
India exports Serum to Thailand worth approximately $4.5M USD across 46 recorded shipments. The average value per shipment is $97.1K USD.
Q Which ports does India use to ship Serum to Thailand?
The most active port of origin is HYDERABAD ACC (INHYD4) with 11 shipments. Indian exporters primarily use sea freight for this route, with 85% of shipments going by sea and 30% by air.
Q How long does shipping take from India to Thailand for Serum?
The average transit time for Serum shipments from India to Thailand is approximately 18 days. Sea freight typically takes longer, while air freight can reduce this significantly for urgent orders. Peak shipping activity is observed during January–March.
Q Is the India to Thailand Serum trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 11.3% with demand growth tracking at 11.9%. The route is ranked #19 among India's top Serum export destinations globally.
Q How many suppliers are active on the India to Thailand Serum route?
There are currently 15 active Indian suppliers exporting Serum to Thailand. The market is moderately concentrated with VINS BIOPRODUCTS LIMITED accounting for 48% of total shipment value.
Q Who are the main importers of Serum from India in Thailand?
The leading importers of Indian Serum in Thailand include TO BIONET-ASIA CO LTD, DLCNB , CUST ID:DLCNB, CUST ID :-BKK || BCL001 ||, CUST ID :- BKK || BLL/2001. TO BIONET-ASIA CO LTD is the largest buyer with 2 shipments worth $804.5K 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 Thailand export trade corridor identified from Indian Customs (DGFT) records for Serum.
- 2.Supplier/Buyer Matching: 15 Indian exporters and 27 importers in Thailand matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 46 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
46 Verified Shipments
15 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists