Who Supplies Serum? Top Manufacturers & Their Global Buyers
India accounts for a significant share of global Serum exports, with 341+ registered manufacturers shipping to buyers across 122+ countries — yet a handful of companies dominate the shipments. BHARAT SERUMS AND VACCINES LIMITED holds the largest share at 13.8% (export value: $3.8M). Close behind, VINS BIOPRODUCTS LIMITED (8.2%, $2.2M). PREMIUM SERUMS VACCINES PVT LTD (4.7%, $1.3M). The Sankey diagram below maps every supplier's customer flow in detail. All figures are drawn from Indian Customs (DGFT) shipping bill records.
🏭 Market Analysis: Top Suppliers & Customer Networks
Comprehensive supplier network intelligence dashboard
Who Supplies Serum? Top Manufacturers & Their Buyers
Flow of Serum from leading Indian exporters to their key global customers
Supplier-Customer Network Analysis
Top Suppliers → Customer Networks
Serum Supplier Network — Key Market Intelligence
The Serum export market from India is led by BHARAT SERUMS AND VACCINES LIMITED, which alone commands a 13.8% share, shipping $3.8M worth of product across 131 shipments. The second-largest exporter, VINS BIOPRODUCTS LIMITED, contributes $2.2M (8.2%) to the overall market. Combined, the top two suppliers alone account for 22.0% of all Serum exports, indicating a relatively concentrated supply base.
Across all 341 tracked manufacturers, the total Serum export value stands at $27.1M from 15.0K shipments. The market average shipment value is $1.8K. The single largest buyer relationship in terms of trade value is CUST ID: BILTP, receiving $1.2M worth of product.
The combined buyer network spans 22 named purchasing companies, including BSV BIOSCIENCE PHILIPPINES INC, TO BIONET-ASIA CO LTD, INSTITUT PASTEUR D ALGERIE, BSV BIOSCIENCE PHILS INC, CUST ID: BILTP and 17 others. These buyers represent pharmaceutical manufacturers, distributors, hospital procurement groups, and generic drug producers operating across multiple continents.
Market Analysis: Top Suppliers & Their Customer Networks
1BHARAT SERUMS AND VACCINES LIMITED
BHARAT SERUMS AND VACCINES LIMITED is the first-largest Serum exporter from India, with a market share of 13.8% and a total export value of $3.8M across 131 shipments. Their average shipment value of $28.7K is above the market average of $1.8K, suggesting premium or bulk contract pricing.
BHARAT SERUMS AND VACCINES LIMITED serves 5 named buyers in our database. Business is spread across multiple buyers, reducing single-customer dependency. Top customers include:
• BSV BIOSCIENCE PHILIPPINES INC — $985.0K across 34 shipments (26.2% of this supplier's total exports)
• TO BIONET-ASIA CO LTD — $804.5K across 28 shipments (21.4% of this supplier's total exports)
• INSTITUT PASTEUR D ALGERIE — $716.8K across 25 shipments (19.1% of this supplier's total exports)
• BSV BIOSCIENCE PHILS INC — $647.5K across 23 shipments (17.2% of this supplier's total exports)
• INSTITUT PASTEUR D ALGERIE — $600.0K across 21 shipments (16.0% of this supplier's total exports)
Key Insight: BHARAT SERUMS AND VACCINES LIMITED's per-shipment value of $28.7K is 1484% above the market average of $1.8K, consistent with large-order contracts or value-added formulations.
2VINS BIOPRODUCTS LIMITED
VINS BIOPRODUCTS LIMITED is the second-largest Serum exporter from India, with a market share of 8.2% and a total export value of $2.2M across 132 shipments. Their average shipment value of $16.8K is above the market average of $1.8K, suggesting premium or bulk contract pricing.
VINS BIOPRODUCTS LIMITED serves 5 named buyers in our database. CUST ID: BILTP is the dominant customer, accounting for 53.9% of this supplier's tracked business. Top customers include:
• CUST ID: BILTP — $1.2M across 71 shipments (53.9% of this supplier's total exports)
• CUST ID:DLCNB — $344.3K across 20 shipments (15.5% of this supplier's total exports)
• CUST ID: BILTP — $314.9K across 19 shipments (14.2% of this supplier's total exports)
• DLCNB — $189.3K across 11 shipments (8.5% of this supplier's total exports)
• CUST ID DLCNB BIO NO — $176.6K across 10 shipments (7.9% of this supplier's total exports)
Key Insight: VINS BIOPRODUCTS LIMITED's per-shipment value of $16.8K is 830% above the market average of $1.8K, consistent with large-order contracts or value-added formulations.
3PREMIUM SERUMS VACCINES PVT LTD
PREMIUM SERUMS VACCINES PVT LTD is the third-largest Serum exporter from India, with a market share of 4.7% and a total export value of $1.3M across 8 shipments. Their average shipment value of $158.8K is above the market average of $1.8K, suggesting premium or bulk contract pricing.
PREMIUM SERUMS VACCINES PVT LTD serves 5 named buyers in our database. AFRI FARMACIA LDA AVENIDA DAS FPLM N is the dominant customer, accounting for 77.8% of this supplier's tracked business. Top customers include:
• AFRI FARMACIA LDA AVENIDA DAS FPLM N — $987.9K across 6 shipments (77.8% of this supplier's total exports)
• SYNERGY MEDICALS PHA — $201.6K across 1 shipments (15.9% of this supplier's total exports)
• JS BANK LIMITED — $43.6K across 0 shipments (3.4% of this supplier's total exports)
• EASTERN BANK LIMITED — $35.4K across 0 shipments (2.8% of this supplier's total exports)
• MEDECINS SANS FRONTI — $1.7K across 0 shipments (0.1% of this supplier's total exports)
Key Insight: PREMIUM SERUMS VACCINES PVT LTD's per-shipment value of $158.8K is 8677% above the market average of $1.8K, consistent with large-order contracts or value-added formulations.
4PREMIUM SERUMS AND VACCINES PRIVATE LIMITED
PREMIUM SERUMS AND VACCINES PRIVATE LIMITED is the fourth-largest Serum exporter from India, with a market share of 4.0% and a total export value of $1.1M across 31 shipments. Their average shipment value of $34.7K is above the market average of $1.8K, suggesting premium or bulk contract pricing.
PREMIUM SERUMS AND VACCINES PRIVATE LIMITED serves 5 named buyers in our database. Business is spread across multiple buyers, reducing single-customer dependency. Top customers include:
• SERAVAX LTD — $411.2K across 12 shipments (38.2% of this supplier's total exports)
• INTERNATIONAL DRUG C — $241.3K across 7 shipments (22.4% of this supplier's total exports)
• EASTERN BANK LIMITED — $173.3K across 5 shipments (16.1% of this supplier's total exports)
• BANK ALHABIB LIMITED — $160.8K across 5 shipments (15.0% of this supplier's total exports)
• SHAHJALAL ISLAMI BAN — $88.5K across 3 shipments (8.2% of this supplier's total exports)
Key Insight: PREMIUM SERUMS AND VACCINES PRIVATE LIMITED's per-shipment value of $34.7K is 1817% above the market average of $1.8K, consistent with large-order contracts or value-added formulations.
5ADVY CHEMICAL PRIVATE LIMITED
ADVY CHEMICAL PRIVATE LIMITED is the fifth-largest Serum exporter from India, with a market share of 2.5% and a total export value of $674.3K across 253 shipments. Their average shipment value of $2.7K is above the market average of $1.8K, suggesting premium or bulk contract pricing.
ADVY CHEMICAL PRIVATE LIMITED serves 5 named buyers in our database. DIASYS DIAGNOSTIC SYSTEMS GMBH is the dominant customer, accounting for 50.3% of this supplier's tracked business. Top customers include:
• DIASYS DIAGNOSTIC SYSTEMS GMBH — $339.0K across 127 shipments (50.3% of this supplier's total exports)
• APTEC DIAGNOSTICS NV — $104.8K across 39 shipments (15.5% of this supplier's total exports)
• ADVY JAPAN CO LTD — $96.6K across 36 shipments (14.3% of this supplier's total exports)
• ADVY JAPAN CO LTD — $96.5K across 36 shipments (14.3% of this supplier's total exports)
• Advy Japan Co LIMITE — $37.3K across 14 shipments (5.5% of this supplier's total exports)
Key Insight: ADVY CHEMICAL PRIVATE LIMITED's per-shipment value of $2.7K is 47% above the market average of $1.8K, consistent with large-order contracts or value-added formulations.
6BIOLOGIX
BIOLOGIX is the fifth-largest Serum exporter from India, with a market share of 1.3% and a total export value of $354.6K across 9 shipments. Their average shipment value of $39.4K is above the market average of $1.8K, suggesting premium or bulk contract pricing.
BIOLOGIX serves 2 named buyers in our database. JINYE INTERNATIONAL LOGISTICS is the dominant customer, accounting for 60.6% of this supplier's tracked business. Top customers include:
• JINYE INTERNATIONAL LOGISTICS — $215.0K across 5 shipments (60.6% of this supplier's total exports)
• JINYE INTERNATIONAL LOGISTICS — $139.6K across 4 shipments (39.4% of this supplier's total exports)
Key Insight: BIOLOGIX's per-shipment value of $39.4K is 2078% above the market average of $1.8K, consistent with large-order contracts or value-added formulations.
From Indian Factories to Global Pharmacies — How Serum Flows
Once Serum leaves the manufacturing plants of companies like BHARAT SERUMS AND VACCINES LIMITED and VINS BIOPRODUCTS LIMITED, it travels to 5 destination markets with a combined import value of $27.1M. Philippines absorbs the largest share at 20.7% ($5.6M), followed by Thailand (9.8%) and Algeria (7.7%).
In Philippines — the top destination — named importers include BSV BIOSCIENCE PHILS. INC, CUST ID: BILTP, BSV BIOSCIENCE PHILIPPHINES INC. In Thailand, key buyers are DLCNB, TO BIONET-ASIA CO LTD, CUST ID:DLCNB.
This geographic spread reflects Serum's role as an essential active pharmaceutical ingredient (API) and finished dosage form — sourced primarily from India due to its cost-competitive, WHO-compliant manufacturing base. The Sankey diagram below maps these destination countries to their named importers in detail.
🌍 Market Analysis: Top Importing Countries & Importers
Comprehensive geographic market intelligence dashboard
Where Does Serum Go? Top Importing Countries & Their Buyers
Trade flow of Serum exports from India — top destination countries and the named companies importing it
Geographic Market Flow Analysis
Top Countries → Global Importers
Market Analysis: Top Importing Countries & Their Importers
1Philippines
Philippines ranks as the first-largest destination for Serum imports from India, with a total trade value of $5.6M across 24 shipments — representing a 20.7% share of all Serum exports. The average shipment value of $234.4K is above the global average of $1.8K, indicating high-value procurement contracts or branded formulations. This market is served by 5 tracked buyers.
Named Serum importers in Philippines: BSV BIOSCIENCE PHILS. INC is the largest buyer, accounting for 27.4% ($1.5M) of this market's total imports.
• BSV BIOSCIENCE PHILS. INC — $1.5M (27.4% of Philippines's total)
• CUST ID: BILTP — $1.2M (21.3% of Philippines's total)
• BSV BIOSCIENCE PHILIPPHINES INC — $985.0K (17.5% of Philippines's total)
Key Insight: Philippines's per-shipment average of $234.4K (12852% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Philippines is a key market for Serum imports from India.
2Thailand
Thailand ranks as the second-largest destination for Serum imports from India, with a total trade value of $2.7M across 11 shipments — representing a 9.8% share of all Serum exports. The average shipment value of $241.2K is above the global average of $1.8K, indicating high-value procurement contracts or branded formulations. This market is served by 3 tracked buyers.
Named Serum importers in Thailand: DLCNB is the largest buyer, accounting for 37.2% ($986.7K) of this market's total imports.
• DLCNB — $986.7K (37.2% of Thailand's total)
• TO BIONET-ASIA CO LTD — $804.5K (30.3% of Thailand's total)
• CUST ID:DLCNB — $344.3K (13.0% of Thailand's total)
Key Insight: Thailand's per-shipment average of $241.2K (13232% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Thailand is a key market for Serum imports from India.
3Algeria
Algeria ranks as the third-largest destination for Serum imports from India, with a total trade value of $2.1M across 10 shipments — representing a 7.7% share of all Serum exports. The average shipment value of $209.1K is above the global average of $1.8K, indicating high-value procurement contracts or branded formulations. This market is served by 2 tracked buyers.
Named Serum importers in Algeria: INSTITUT PASTEUR D ALGERIE is the largest buyer, accounting for 34.3% ($716.8K) of this market's total imports.
• INSTITUT PASTEUR D ALGERIE — $716.8K (34.3% of Algeria's total)
• INSTITUT PASTEUR DALGERIE — $474.1K (22.7% of Algeria's total)
Key Insight: Algeria's per-shipment average of $209.1K (11455% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Algeria is a key market for Serum imports from India.
4Hong Kong
Hong Kong ranks as the fourth-largest destination for Serum imports from India, with a total trade value of $1.9M across 15 shipments — representing a 6.8% share of all Serum exports. The average shipment value of $123.6K is above the global average of $1.8K, indicating high-value procurement contracts or branded formulations. This market is served by 2 tracked buyers.
Named Serum importers in Hong Kong: JINYE INTERNATIONAL LOGISTICS LTD is the largest buyer, accounting for 41.3% ($766.7K) of this market's total imports.
• JINYE INTERNATIONAL LOGISTICS LTD — $766.7K (41.3% of Hong Kong's total)
• JINYE INTERNATIONAL LOGISTICS — $691.3K (37.3% of Hong Kong's total)
Key Insight: Hong Kong's per-shipment average of $123.6K (6733% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Hong Kong is a key market for Serum imports from India.
5Russia
Russia ranks as the fifth-largest destination for Serum imports from India, with a total trade value of $1.5M across 3 shipments — representing a 5.4% share of all Serum exports. The average shipment value of $489.9K is above the global average of $1.8K, indicating high-value procurement contracts or branded formulations. This market is served by 1 tracked buyer.
Named Serum importers in Russia: CONSIGNEE NAME & ADDRESS AS PER EXP is the largest buyer, accounting for 34.6% ($508.3K) of this market's total imports.
• CONSIGNEE NAME & ADDRESS AS PER EXP — $508.3K (34.6% of Russia's total)
Key Insight: Russia's per-shipment average of $489.9K (26973% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Russia is a key market for Serum imports from India.
People Also Ask — Serum Supplier & Trade Network
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Serum Trade Network — Key Takeaways
- 1BHARAT SERUMS AND VACCINES LIMITED is India's dominant Serum exporter with a 13.8% market share and $3.8M in total exports — making it the single most important sourcing entity in this market.
- 2The top 341 suppliers collectively account for 34.4% of all tracked Serum exports, with a combined trade value of $27.1M.
- 3Philippines is the largest destination market, absorbing 20.7% of India's Serum exports ($5.6M). Thailand (9.8%) and Algeria (7.7%) follow.
- 4With 15.0K total shipments averaging $1.8K each, the Serum export trade from India reflects both bulk API supply and finished dosage form distribution.
- 5Verified buyers across the network include BSV BIOSCIENCE PHILIPPINES INC, TO BIONET-ASIA CO LTD, CUST ID: BILTP, CUST ID:DLCNB — representing a diverse base of pharmaceutical importers, distributors, and generic drug manufacturers globally.
Network Overview
Supplier Network
Country Network
Network Insights
Top supplier: 5 customers
6 suppliers → 122 countries
Network value: $27.1M
Related Analysis
Market Intelligence
Latest developments and market context
Detailed market intelligence for Serum — including regulatory updates, trade policy changes, and competitive landscape analysis — will be available in an upcoming update. This section will feature AI-researched insights from verified industry sources, government notifications, and market reports.
Official References & Regulatory Resources
- CDSCO India
- Pharmexcil
- IBEF — India Pharma Industry
- Ministry of Commerce — Pharma Exports
- India Trade Statistics (DGFT)
Verify manufacturer licensing and export certifications with the official 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.Network Construction: Supplier-to-buyer trade relationships constructed from verified shipment pairs in Indian Customs (DGFT) records for Serum.
- 2.Flow Mapping: 341 Indian manufacturers mapped to their international buyer networks using consignee name normalization.
- 3.Value Aggregation: Trade value per supplier-buyer link aggregated from 15,000 individual shipment records. Values are FOB in USD.
- 4.Geographic Clustering: Buyer networks clustered across 122 destination countries to identify geographic concentration patterns.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
15,000 Verified Shipments
341 manufacturers in network
Expert-Reviewed
By pharmaceutical trade specialists