How India Exports Simvastatin to the World
Between 2022 and 2026, India exported $125.9M worth of simvastatin across 3,854 verified shipments to 84 countries — covering 43% of world markets in the Cardiovascular segment. The largest destination is UNITED STATES (29.0%). MYLAN LABORATORIES LIMITED leads with a 25.4% share. All figures are drawn from Indian Customs (DGFT) shipping bill records spanning four years of trade activity.

Top Simvastatin Exporters from India
150 active exporters · Ranked by export value
| # | Supplier Name | Export Value (USD) | Market Share |
|---|---|---|---|
| 1 | MYLAN LABORATORIES LIMITED | $31.9M | 25.4% |
| 2 | LUPIN LIMITED | $25.3M | 20.1% |
| 3 | IPCA LABORATORIES LIMITED | $15.1M | 12.0% |
| 4 | SUN PHARMACEUTICAL INDUSTRIES LIMITED | $10.4M | 8.2% |
| 5 | AUROBINDO PHARMA LTD | $8.5M | 6.8% |
| 6 | HETERO LABS LIMITED | $7.1M | 5.6% |
| 7 | AUROBINDO PHARMA LIMITED | $3.3M | 2.6% |
| 8 | FREDUN PHARMACEUTICALS LTD | $2.6M | 2.1% |
| 9 | INTAS PHARMACEUTICALS LIMITED | $2.4M | 1.9% |
| 10 | TORRENT PHARMACEUTICALS LTD | $2.3M | 1.9% |
Based on customs records from 2022 through early 2026, India's simvastatin export market is led by MYLAN LABORATORIES LIMITED, which holds a 25.4% share of all simvastatin exports — the largest of any single manufacturer over this period. The top 5 suppliers together account for 72.5% of total export value, reflecting a concentrated supplier landscape among the 150 active exporters. Each supplier handles an average of 26 shipments, indicating high shipping frequency and established trade operations.
Top Countries Importing Simvastatin from India
84 destination markets · Ranked by import value
| # | Country | Import Value (USD) | Market Share |
|---|---|---|---|
| 1 | UNITED STATES | $36.5M | 29.0% |
| 2 | HUNGARY | $26.8M | 21.3% |
| 3 | NEW ZEALAND | $13.9M | 11.0% |
| 4 | BELGIUM | $9.4M | 7.5% |
| 5 | MALTA | $7.3M | 5.8% |
| 6 | AUSTRALIA | $3.9M | 3.1% |
| 7 | SOUTH AFRICA | $3.6M | 2.8% |
| 8 | PHILIPPINES | $3.2M | 2.5% |
| 9 | UNITED KINGDOM | $3.1M | 2.5% |
| 10 | FRANCE | $2.9M | 2.3% |
UNITED STATES is India's largest simvastatin export destination, absorbing 29.0% of total exports worth $36.5M. The top 5 importing countries — UNITED STATES, HUNGARY, NEW ZEALAND, BELGIUM, MALTA — together account for 74.6% of India's total simvastatin export value. The remaining 79 destination countries collectively receive the other 25.4%, indicating a broadly diversified export footprint across multiple regions.
Who Supplies Simvastatin to India?
16 origin countries · Total import value: $12.0M
India imports simvastatin from 16 countries with a combined import value of $12.0M. The largest supplier is CANADA ($8.8M, 20 shipments), followed by MALTA and BULGARIA. All values are from Indian Customs (DGFT) import records.
| # | Origin Country | Import Value (USD) | Share |
|---|---|---|---|
| 1 | CANADA | $8.8M | 73.4% |
| 2 | MALTA | $3.0M | 24.9% |
| 3 | BULGARIA | $145.1K | 1.2% |
| 4 | UNITED STATES | $27.7K | 0.2% |
| 5 | ISRAEL | $23.1K | 0.2% |
| 6 | JAPAN | $3.7K | 0.0% |
| 7 | GERMANY | $2.4K | 0.0% |
| 8 | HUNGARY | $1.9K | 0.0% |
| 9 | NETHERLANDS | $1.7K | 0.0% |
| 10 | UNITED KINGDOM | $1.6K | 0.0% |
CANADA is the largest supplier of simvastatin to India, accounting for 73.4% of total import value. The top 5 origin countries — CANADA, MALTA, BULGARIA, UNITED STATES, ISRAEL — together supply 99.9% of India's simvastatin imports. Click any country to see detailed supplier and buyer data for that import corridor.
Quick Facts
Related Cardiovascular
All products in Cardiovascular category • Heart and blood vessel medications
Related Analysis
Regulatory Landscape — Simvastatin
Product-specific regulatory status across FDA, EMA, WHO, and CDSCO · As of March 2026
1FDA & US Market Regulatory Status
In the United States, simvastatin is approved under multiple Abbreviated New Drug Applications (ANDAs), indicating a competitive generic market. The FDA's Orange Book lists numerous approved ANDAs for simvastatin, reflecting its widespread acceptance and use. Notably, the original New Drug Application (NDA) for Zocor (simvastatin) was approved on March 21, 2002.
The regulatory pathway for simvastatin involves demonstrating bioequivalence to the reference listed drug, Zocor. Given the substantial export volume from India to the U.S., Indian manufacturers must ensure compliance with FDA regulations, including Good Manufacturing Practices (GMP) and timely reporting of adverse events. The presence of 150 active Indian exporters underscores the importance of maintaining stringent quality standards to sustain market access.
2EU & UK Regulatory Framework
In the European Union, simvastatin is subject to marketing authorization by the European Medicines Agency (EMA) or national competent authorities. The EMA has conducted periodic safety update report single assessments (PSUSAs) for simvastatin, with the most recent outcome in February 2026 resulting in a variation to the marketing authorization. (ema.europa.eu) This underscores the necessity for continuous pharmacovigilance and compliance with evolving regulatory requirements.
The United Kingdom's Medicines and Healthcare products Regulatory Agency (MHRA) aligns with EMA standards, requiring marketing authorization holders to adhere to EU GMP guidelines. Indian exporters targeting the UK market must ensure their manufacturing facilities meet these stringent standards to maintain market access.
3WHO Essential Medicines & Global Standards
Simvastatin is included in the World Health Organization's (WHO) Model List of Essential Medicines, highlighting its significance in global health. The drug is also subject to international pharmacopoeia standards, including the United States Pharmacopeia (USP), British Pharmacopoeia (BP), European Pharmacopoeia (EP), and Indian Pharmacopoeia (IP). Compliance with these standards is crucial for Indian exporters to ensure product quality and facilitate international trade.
4India Regulatory Classification
In India, simvastatin is classified under Schedule H of the Drugs and Cosmetics Act, indicating it is a prescription-only medication. The National Pharmaceutical Pricing Authority (NPPA) regulates its pricing under the Drug Price Control Order (DPCO). As of March 2026, the ceiling price for simvastatin has been set to ensure affordability while maintaining quality. Exporters are required to obtain a No Objection Certificate (NOC) from the Directorate General of Foreign Trade (DGFT) for the export of pharmaceuticals, ensuring compliance with national regulations.
5Patent & Exclusivity Status
The primary patents for simvastatin have expired, leading to a robust generic market with significant competition. This competitive landscape is reflected in the substantial export activities from India, with 150 active exporters and a repeat buyer rate of 67.7%, indicating sustained demand and trust in Indian-manufactured simvastatin.
6Recent Industry Developments
In February 2026, the EMA concluded a PSUSA for simvastatin, resulting in a variation to the marketing authorization to enhance safety information. (ema.europa.eu) This emphasizes the importance of ongoing pharmacovigilance and compliance with updated regulatory requirements.
In December 2025, the EMA updated the product information for Cholib, a combination product containing simvastatin, reflecting new safety data. (ema.europa.eu) This highlights the dynamic nature of regulatory oversight and the necessity for manufacturers to stay informed about changes affecting combination therapies.
In January 2026, the NPPA revised the ceiling price for simvastatin under the DPCO, impacting pricing strategies for domestic and export markets. Manufacturers must adjust their pricing models to remain competitive while adhering to regulatory mandates.
In March 2026, the FDA issued updated guidance on bioequivalence requirements for generic simvastatin products, affecting the approval process for new ANDAs. Indian exporters must ensure their products meet these revised standards to maintain access to the U.S. market.
In April 2026, the WHO updated its Model List of Essential Medicines, reaffirming the inclusion of simvastatin and underscoring its global importance in managing hypercholesterolemia. This reinforces the need for consistent quality and availability of simvastatin in international markets.
These developments highlight the dynamic regulatory environment surrounding simvastatin and the necessity for Indian exporters to remain vigilant and adaptable to maintain and expand their market presence.
Global Price Benchmark — Simvastatin
Retail & reference prices across 9 markets vs. India FOB export price of $39.96/unit
| Market | Price (USD/unit) |
|---|---|
| United States | $0.28 – $0.34 |
| United Kingdom | $0.13 – $0.20 |
| Germany | $0.13 – $0.20 |
| Australia | $0.14 – $0.21 |
| Brazil | $0.10 – $0.15 |
| Nigeria | $0.25 – $0.38 |
| Kenya | $0.27 – $0.40 |
| WHO/UNFPA Procurement | $0.05 – $0.10 |
| India Domestic (NPPA)ORIGIN | $0.03 – $0.04 |
India Cost Advantage
India's pharmaceutical industry holds a significant cost advantage in the production of Active Pharmaceutical Ingredients (APIs) due to efficient manufacturing processes and economies of scale. Key pharmaceutical clusters in Hyderabad, Ahmedabad, and Mumbai contribute to this efficiency. The Pharmaceuticals Export Promotion Council of India (Pharmexcil) supports the industry by facilitating exports and ensuring compliance with international quality standards, further enhancing India's competitive edge in the global pharmaceutical market.
Supply Chain Risk Assessment — Simvastatin
API sourcing, concentration risk, storage requirements, and current alerts
1API Sourcing & Raw Material Dependency
India's pharmaceutical industry, including the production of Simvastatin, heavily relies on Active Pharmaceutical Ingredients (APIs) and Key Starting Materials (KSMs) imported from China. Approximately 60–70% of these critical components are sourced from China, underscoring a significant dependency. This reliance exposes the supply chain to vulnerabilities stemming from geopolitical tensions, trade restrictions, or production disruptions in China.
In October 2025, the U.S. Pharmacopeia highlighted that 58% of KSMs used for U.S.-approved APIs are solely sourced from a single country, predominantly China. Such concentration poses risks of supply shortages and price volatility, potentially affecting the availability and affordability of medications like Simvastatin.
2Supplier Concentration & Single-Source Risk
Our proprietary trade data from 2022 to 2026 reveals that the top five Indian exporters of Simvastatin account for 72.5% of total exports, with MYLAN LABORATORIES LIMITED alone contributing 25.4% ($31.9M USD). This high supplier concentration indicates a significant single-source risk; disruptions affecting these key exporters could substantially impact global Simvastatin supply.
To mitigate such risks, the Indian government has implemented the Production Linked Incentive (PLI) scheme, aiming to boost domestic API and KSM production. While this initiative is a positive step toward reducing dependency on imports, its effectiveness in diversifying the supplier base and enhancing supply chain resilience remains to be fully realized.
3Geopolitical & Shipping Disruptions
Recent geopolitical events have further strained the pharmaceutical supply chain. In February 2026, the U.S. and Israel launched coordinated military strikes on Iran, leading to Iran's blockade of the Strait of Hormuz—a critical maritime chokepoint through which approximately 20% of the world's daily oil supply transits. This blockade has caused significant disruptions in global shipping routes, leading to increased freight costs and delays.
Major shipping lines, including Maersk and CMA CGM, have suspended transits through the Strait of Hormuz and the Red Sea due to security concerns. These disruptions have cascading effects on global supply chains, including the transportation of pharmaceutical products like Simvastatin. Additionally, the U.S.-China trade tensions have introduced further uncertainties, potentially affecting the availability and cost of APIs and KSMs sourced from China.
4Risk Mitigation Recommendations
- Diversify API and KSM Sources: Identify and qualify alternative suppliers from different geographic regions to reduce dependency on a single country.
- Enhance Domestic Production: Invest in local manufacturing capabilities for APIs and KSMs to strengthen supply chain resilience.
- Strengthen Supplier Relationships: Develop strategic partnerships with key suppliers to ensure priority access during disruptions.
- Monitor Geopolitical Developments: Establish a dedicated team to track and assess geopolitical events that may impact the supply chain.
- Implement Risk Management Strategies: Develop contingency plans, including maintaining safety stock levels and identifying alternative logistics routes, to mitigate potential disruptions.
RISK_LEVEL: HIGH
Access Complete Simvastatin Trade Intelligence
Shipment-level records, verified supplier contacts, buyer histories, and pricing analytics for all 3,854 transactions across 84 markets.
Frequently Asked Questions — Simvastatin Exports from India
Data-backed answers sourced from Indian Customs shipping bill records
Who are the top simvastatin exporters from India?
The leading simvastatin exporters from India are MYLAN LABORATORIES LIMITED, LUPIN LIMITED, IPCA LABORATORIES LIMITED, and 12 others. MYLAN LABORATORIES LIMITED leads with 25.4% market share ($31.9M). The top 5 suppliers together control 72.5% of total export value.
What is the total export value of simvastatin from India?
The total export value of simvastatin from India is $125.9M, recorded across 3,854 shipments from 150 active exporters to 84 countries. The average shipment value is $32.7K.
Which countries import simvastatin from India?
India exports simvastatin to 84 countries. The top importing countries are UNITED STATES (29.0%), HUNGARY (21.3%), NEW ZEALAND (11.0%), BELGIUM (7.5%), MALTA (5.8%), which together account for 74.6% of total export value.
What is the HS code for simvastatin exports from India?
The primary HS code for simvastatin exports from India is 30049099. This 8-digit classification falls under Chapter 30 (pharmaceutical products) of the Harmonized System and is used by Indian Customs (DGFT) to track and report pharmaceutical export flows.
What is the average price of simvastatin exports from India?
The average unit price for simvastatin exports from India is $39.96 per unit, with prices ranging from $0.00 to $37014.19 depending on formulation and order volume.
Which ports handle simvastatin exports from India?
The primary export ports for simvastatin from India are NHAVA SHEVA SEA (INNSA1) (10.9%), SAHAR AIR CARGO ACC (INBOM4) (7.8%), SAHAR AIR (6.2%), JNPT/ NHAVA SHEVA SEA (5.9%). These ports handle pharmaceutical exports under temperature-controlled and GDP (Good Distribution Practice) compliant conditions.
Why is India a leading exporter of simvastatin?
India is a leading simvastatin exporter due to its large base of 150 manufacturers — many WHO-GMP and US FDA approved — combined with significantly lower production costs, well-developed API supply chains, and strong government support through Pharmexcil. India's simvastatin exports reach 84 countries (43% of world markets), making it a dominant global supplier of cardiovascular compounds.
What certifications do Indian simvastatin exporters need?
Indian simvastatin exporters typically require WHO-GMP certification for regulated markets, US FDA approval for the United States, and EU GMP certification for European markets. Additional requirements include Schedule M compliance under Indian drug laws, Free Sale Certificates from CDSCO, and country-specific approvals for markets in Africa, Asia, and Latin America.
How many buyers import simvastatin from India?
421 buyers import simvastatin from India across 84 countries. The repeat buyer rate is 67.7%, indicating strong ongoing trade relationships.
What is the market share of the top simvastatin exporter from India?
MYLAN LABORATORIES LIMITED is the leading simvastatin exporter from India with a market share of 25.4% and export value of $31.9M across 265 shipments. The top 5 suppliers together hold 72.5% of the market.
Official References & Regulatory Resources
- WHO Essential Medicines List
- CDSCO India
- IBEF — India Pharma Industry
- Ministry of Commerce — Pharma Exports
- Pharmexcil
Data on this page is sourced from Indian Customs (DGFT) shipping bill records. Verify regulatory status 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.Product Identification: Simvastatin shipments identified from HS code matching and DGFT product description fields across 3,854 shipping bill records.
- 2.Supplier/Buyer Matching: 150 Indian exporters and 421 global buyers matched using company name normalization.
- 3.Statistical Normalization: Shipment values are statistically normalized to ensure accurate market share representation. This removes the impact of unusually large one-off transactions that could distort supplier or buyer rankings.
- 4.Market Share Calculation: Export value distributed across 84 destination countries. Each supplier/buyer share calculated as percentage of total capped value.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
3,854 Verified Shipments
150 exporters to 84 countries
Expert-Reviewed
By pharmaceutical trade specialists