India to Nigeria: Spironolactone Export Trade Route
India has recorded 52 verified shipments of Spironolactone exported to Nigeria, representing a combined trade value of $551.2K USD. This corridor is served by 17 active Indian exporters, with an average shipment value of $10.6K USD. The leading Indian exporter is NEM LABORATORIES PRIVATE LIMITED, which accounts for 25% of total export value with 5 shipments worth $138.4K USD. On the buying side, GREAT TIMEC PHARMA NIGERIA LIMITED is the largest importer in Nigeria with $138.4K USD in purchases. The top 3 suppliers — NEM LABORATORIES PRIVATE LIMITED, RELAX BIOTECH PRIVATE LIMITED, ALPA LABORATORIES LIMITED — together control 58% 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 Nigeria Spironolactone corridor is one of India's established pharmaceutical export routes, with 52 shipments documented worth a combined $551.2K USD. The route is dominated by NEM LABORATORIES PRIVATE LIMITED, which alone accounts for roughly 25% of all export value, reflecting the consolidated nature of India's spironolactone manufacturing sector.
Across 17 active suppliers, the average shipment value stands at $10.6K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 77% of all shipments, consistent with spironolactone's non-urgent bulk-order profile.
Shipment activity peaks during January–March, with an average transit time of 28 days port-to-port. The route has recorded an annual growth rate of 16.5%, placing it at rank #11 among India's top spironolactone export destinations globally.
On the import side, key buyers of Indian spironolactone in Nigeria include GREAT TIMEC PHARMA NIGERIA LIMITED, UWANS VENTURES LIMITED, U.C HEALTHPATH PHARMACY & MART NIG. and 20 others. GREAT TIMEC PHARMA NIGERIA LIMITED is the single largest importer with 5 shipments valued at $138.4K USD.
Route Characteristics
- Average transit28 days
- Peak seasonQ1
- Primary modeSea freight
- Top portJNPT
Market Position
- Global rank#11
- Annual growth+16.5%
- Demand growth+16.1%
- Regulatory ease80/100
Top 10 Indian Spironolactone Exporters to Nigeria
Showing top 10 of 17 Indian suppliers exporting Spironolactone to Nigeria, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | NEM LABORATORIES PRIVATE LIMITED Avg $27.7K per shipment | 5 | $138.4K | 25.1% |
| 2 | RELAX BIOTECH PRIVATE LIMITED Avg $13.9K per shipment | 8 | $111.4K | 20.2% |
| 3 | ALPA LABORATORIES LIMITED Avg $9.7K per shipment | 7 | $67.7K | 12.3% |
| 4 | MEDICO REMEDIES LIMITED Avg $19.5K per shipment | 3 | $58.5K | 10.6% |
| 5 | SANGHARSH LIFECARE PRIVATE LIMITED Avg $13.9K per shipment | 2 | $27.8K | 5.0% |
| 6 | BAFNA PHARMACEUTICALS LIMITED Avg $13.3K per shipment | 2 | $26.5K | 4.8% |
| 7 | SANGHARSH LIFECARE PRIVATE LIMITED Avg $23.6K per shipment | 1 | $23.6K | 4.3% |
| 8 | NEM LABORATORIES PVT LTD Avg $3.8K per shipment | 6 | $23.1K | 4.2% |
| 9 | ALPA LABORATORIES LIMITED Avg $7.7K per shipment | 3 | $23.0K | 4.2% |
| 10 | ALPA LABORATORIES LTD Avg $7.2K per shipment | 2 | $14.4K | 2.6% |
This table shows the top 10 of 17 Indian companies exporting spironolactone to Nigeria, ranked by total trade value. The listed exporters are: NEM LABORATORIES PRIVATE LIMITED, RELAX BIOTECH PRIVATE LIMITED, ALPA LABORATORIES LIMITED, MEDICO REMEDIES LIMITED, SANGHARSH LIFECARE PRIVATE LIMITED, BAFNA PHARMACEUTICALS LIMITED, SANGHARSH LIFECARE PRIVATE LIMITED , NEM LABORATORIES PVT LTD, ALPA LABORATORIES LIMITED , ALPA LABORATORIES LTD. NEM LABORATORIES PRIVATE LIMITED is the dominant supplier with 5 shipments worth $138.4K USD, giving it a 25% market share. The top 3 suppliers together account for 58% of the total trade value on this route.
Showing top 10 of 17 total Indian exporters on the India to Nigeria Spironolactone export route.
Top 10 Spironolactone Importers in Nigeria
Showing top 10 of 23 known buyers in Nigeria receiving Spironolactone shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian spironolactone in Nigeria include GREAT TIMEC PHARMA NIGERIA LIMITED, UWANS VENTURES LIMITED, U.C HEALTHPATH PHARMACY & MART NIG., MAN FES PHARMACEUTICAL COMPANY LIM, CHEZ RESOURCES PHARM NIG LIMITED, among 23 total buyers. The largest importer is GREAT TIMEC PHARMA NIGERIA LIMITED, accounting for $138.4K USD across 5 shipments — representing 25% of all spironolactone imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | GREAT TIMEC PHARMA NIGERIA LIMITED | 5 | $138.4K | 25.1% |
| 2 | UWANS VENTURES LIMITED | 6 | $61.9K | 11.2% |
| 3 | U.C HEALTHPATH PHARMACY & MART NIG. | 2 | $49.5K | 9.0% |
| 4 | MAN FES PHARMACEUTICAL COMPANY LIM | 2 | $36.4K | 6.6% |
| 5 | CHEZ RESOURCES PHARM NIG LIMITED | 2 | $31.3K | 5.7% |
| 6 | MANKIND LIFE-SCIENCES LIMITED | 2 | $26.5K | 4.8% |
| 7 | ZMC International Ltd | 1 | $23.6K | 4.3% |
| 8 | GREAT TIMEC PHARMA COMPANY LIMITED | 6 | $23.1K | 4.2% |
| 9 | TO THE ORDER OF.., | 3 | $23.0K | 4.2% |
| 10 | MAN FES PHARMACEUTICAL CO NIG LTD | 1 | $22.1K | 4.0% |
Showing top 10 of 23 Spironolactone importers in Nigeria on this route.
Top 10 Spironolactone Formulations Imported by Nigeria
Showing top 10 of 37 product formulations shipped on the India to Nigeria Spironolactone route, ranked by trade value
Nigeria imports a wide range of spironolactone formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — PHARMACEUTICAL PRODUCTS ESSENTIAL LIFESAVING PHARMACEUTICAL PRODUCTS Spironart25 Tablets Spironolactone tab B P 25 — accounts for $70.1K USD across 2 shipments. There are 37 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 | PHARMACEUTICAL PRODUCTS ESSENTIAL LIFESAVING PHARMACEUTICAL PRODUCTS Spironart25 Tablets Spironolactone tab B P 25 | 2 | $70.1K | 12.7% |
| 2 | PHARMACEUTICAL PRODUCTS ESSENTIAL LIFESAVING PHARMACEUTICAL PRODUCTS Spironart25 Tablets Spironolactone Tablets BP 2 | 2 | $53.1K | 9.6% |
| 3 | SPIROPATH 25MG. (SPIRONOLACTONE TAB.)(1x5x500) | 1 | $39.7K | 7.2% |
| 4 | SPIRONOLACTONE TABLETS BP 25MG (8000x1x500 = 40,00,000) | 1 | $33.3K | 6.0% |
| 5 | BEDEX SPIRONOLACTONE TAB. 25MG.(NAFDAC:C4-0947) | 2 | $29.6K | 5.4% |
| 6 | Zoractone Tablets (Spironolactone 25mg T | 1 | $23.6K | 4.3% |
| 7 | SPIRONOLACTONE TABLETS BP 25 MG ( 28130 X1X2X14 TAB) | 3 | $23.0K | 4.2% |
| 8 | SPIRONOLACTONE TABLETS BP 25MG '(5000X1X500 = 25,00,000) | 1 | $22.1K | 4.0% |
| 9 | ZORACTONE TABLET (SPIRONOLACTONE TABLETSBP 25MG) | 1 | $19.4K | 3.5% |
| 10 | BEDEX SPIRONOLACTONE TAB. 50MG. (NAFDAC | 2 | $19.3K | 3.5% |
Showing top 10 of 37 Spironolactone formulations imported by Nigeria on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 77%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
JNPT handles the highest volume with 10 shipments. Transit time averages 28 days by sea.
Market Dynamics
India's spironolactone exports to Nigeria are driven primarily by a handful of large-scale manufacturers. NEM LABORATORIES 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 17 active exporters signals a competitive but concentrated market — buyers in Nigeria benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — NEM LABORATORIES PRIVATE LIMITED, RELAX BIOTECH PRIVATE LIMITED, ALPA LABORATORIES LIMITED — together account for 58% of total trade value on this route. The average shipment value of $10.6K 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 essential lifesaving pharmaceutical products spironart25 tablets spironolactone tablets bp 2 and spiropath 25mg. (spironolactone tab.)(1x5x500), suggesting that buyers in Nigeria tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, GREAT TIMEC PHARMA NIGERIA LIMITED is the largest importer with 5 shipments worth $138.4K USD — representing 25% of all spironolactone imports from India on this route. A total of 23 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $551.2K
- Avg. Shipment
- $10.6K
- Suppliers
- 17
- Buyers
- 23
- Transit (Sea)
- ~28 days
- Annual Growth
- +16.5%
Related Analysis
Other Spironolactone Routes
Unlock the Full India to Nigeria Spironolactone Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 52 shipments on this route.
Frequently Asked Questions — India to Nigeria Spironolactone Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Spironolactone to Nigeria?
The leading Indian exporters of Spironolactone to Nigeria are NEM LABORATORIES PRIVATE LIMITED, RELAX BIOTECH PRIVATE LIMITED, ALPA LABORATORIES LIMITED. NEM LABORATORIES PRIVATE LIMITED holds the largest market share at approximately 25% of total trade value on this route.
Q What is the total value of Spironolactone exports from India to Nigeria?
India exports Spironolactone to Nigeria worth approximately $551.2K USD across 52 recorded shipments. The average value per shipment is $10.6K USD.
Q Which ports does India use to ship Spironolactone to Nigeria?
The most active port of origin is JNPT with 10 shipments. Indian exporters primarily use sea freight for this route, with 77% of shipments going by sea and 24% by air.
Q How long does shipping take from India to Nigeria for Spironolactone?
The average transit time for Spironolactone shipments from India to Nigeria is approximately 28 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 Nigeria Spironolactone trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 16.5% with demand growth tracking at 16.1%. The route is ranked #11 among India's top Spironolactone export destinations globally.
Q How many suppliers are active on the India to Nigeria Spironolactone route?
There are currently 17 active Indian suppliers exporting Spironolactone to Nigeria. The market is moderately concentrated with NEM LABORATORIES PRIVATE LIMITED accounting for 25% of total shipment value.
Q Who are the main importers of Spironolactone from India in Nigeria?
The leading importers of Indian Spironolactone in Nigeria include GREAT TIMEC PHARMA NIGERIA LIMITED, UWANS VENTURES LIMITED, U.C HEALTHPATH PHARMACY & MART NIG., MAN FES PHARMACEUTICAL COMPANY LIM, CHEZ RESOURCES PHARM NIG LIMITED. GREAT TIMEC PHARMA NIGERIA LIMITED is the largest buyer with 5 shipments worth $138.4K 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 Nigeria export trade corridor identified from Indian Customs (DGFT) records for Spironolactone.
- 2.Supplier/Buyer Matching: 17 Indian exporters and 23 importers in Nigeria matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 52 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
52 Verified Shipments
17 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists