India to Madagascar: Torsemide Export Trade Route
India has recorded 55 verified shipments of Torsemide exported to Madagascar, representing a combined trade value of $184.5K USD. This corridor is served by 2 active Indian exporters, with an average shipment value of $3.4K USD. The leading Indian exporter is MICRO LABS LIMITED, which accounts for 81% of total export value with 43 shipments worth $149.1K USD. On the buying side, SOMAPHAR is the largest importer in Madagascar with $39.5K USD in purchases. All data sourced from Indian Customs (DGFT) shipping bill records. Values reported in FOB USD.
Route Intelligence Overview
The India to Madagascar Torsemide corridor is one of India's established pharmaceutical export routes, with 55 shipments documented worth a combined $184.5K USD. The route is dominated by MICRO LABS LIMITED, which alone accounts for roughly 81% of all export value, reflecting the consolidated nature of India's torsemide manufacturing sector.
Across 2 active suppliers, the average shipment value stands at $3.4K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Freight is split between sea (65%) and air (15%), suggesting a mix of scheduled bulk orders and time-sensitive consignments.
Shipment activity peaks during April–June, with an average transit time of 26 days port-to-port. The route has recorded an annual growth rate of 23.5%, placing it at rank #13 among India's top torsemide export destinations globally.
On the import side, key buyers of Indian torsemide in Madagascar include SOMAPHAR, OFFICE PHARMACEUTIQUE MALGACHE S.A., LABOREX MADAGASCAR and 9 others. SOMAPHAR is the single largest importer with 12 shipments valued at $39.5K USD.
Route Characteristics
- Average transit26 days
- Peak seasonQ2
- Primary modeMulti-modal
- Top portBANGALORE ACC (INBLR4)
Market Position
- Global rank#13
- Annual growth+23.5%
- Demand growth+21.7%
- Regulatory ease66/100
Top 10 Indian Torsemide Exporters to Madagascar
Showing top 10 of 2 Indian suppliers exporting Torsemide to Madagascar, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | MICRO LABS LIMITED Avg $3.5K per shipment | 43 | $149.1K | 80.8% |
| 2 | MICRO LABS LIMITED Avg $2.9K per shipment | 12 | $35.4K | 19.2% |
This table shows the top 10 of 2 Indian companies exporting torsemide to Madagascar, ranked by total trade value. The listed exporters are: MICRO LABS LIMITED, MICRO LABS LIMITED . MICRO LABS LIMITED is the dominant supplier with 43 shipments worth $149.1K USD, giving it a 81% market share.
Top 10 Torsemide Importers in Madagascar
Showing top 10 of 12 known buyers in Madagascar receiving Torsemide shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian torsemide in Madagascar include SOMAPHAR, OFFICE PHARMACEUTIQUE MALGACHE S.A., LABOREX MADAGASCAR, LABOREX MADAGASCAR.,, OFFICE PHARMACEUTIQUE MALGACHE S.A, among 12 total buyers. The largest importer is SOMAPHAR, accounting for $39.5K USD across 12 shipments — representing 21% of all torsemide imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | SOMAPHAR | 12 | $39.5K | 21.4% |
| 2 | OFFICE PHARMACEUTIQUE MALGACHE S.A. | 8 | $32.5K | 17.6% |
| 3 | LABOREX MADAGASCAR | 8 | $28.7K | 15.5% |
| 4 | LABOREX MADAGASCAR., | 5 | $22.5K | 12.2% |
| 5 | OFFICE PHARMACEUTIQUE MALGACHE S.A | 6 | $12.9K | 7.0% |
| 6 | OFFICE PHARMACEUTIQUE MALGACHE S.A. | 3 | $12.4K | 6.7% |
| 7 | SOMAPHAR. | 4 | $10.9K | 5.9% |
| 8 | SOMAPHAR | 4 | $8.5K | 4.6% |
| 9 | OFFICE PHARMACEUTIQUE MALGACHE S A | 2 | $6.2K | 3.4% |
| 10 | SOMAPHAR LOT III | 1 | $4.2K | 2.3% |
Showing top 10 of 12 Torsemide importers in Madagascar on this route.
Top 10 Torsemide Formulations Imported by Madagascar
Showing top 10 of 48 product formulations shipped on the India to Madagascar Torsemide route, ranked by trade value
Madagascar imports a wide range of torsemide formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — TORSINEX 20 ( TORSEMIDE TABLETS 20MG ) (3X10`S ) ( QTY- 5280.000 )TAX INV NO:712203014/31.05.2024. — accounts for $14.9K USD across 1 shipments. There are 48 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 | TORSINEX 20 ( TORSEMIDE TABLETS 20MG ) (3X10`S ) ( QTY- 5280.000 )TAX INV NO:712203014/31.05.2024. | 1 | $14.9K | 8.1% |
| 2 | TORSINEX 20 (TORSEMIDE TABLETS 20MG) (3X10`S) (QTY- 4320.000) TAX INV NO: 712203392/03.03.2025 | 1 | $10.6K | 5.7% |
| 3 | TORSINEX 20(TORSEMIDE TABLETS 20MG)(3X10 | 1 | $9.5K | 5.1% |
| 4 | TORSINEX 20 ( (Torsemide Tablets 20mg) )( 3X10S ) ( QTY- 4320.000 ) | 1 | $9.1K | 4.9% |
| 5 | TORSINEX 20 ( (Torsemide Tablets 20mg) ) | 3 | $7.1K | 3.8% |
| 6 | TORSINEX 10 ( (Torsemide Tablets 10mg) )( 3X10S ) ( QTY- 3951.000 ) | 1 | $6.9K | 3.8% |
| 7 | TORSINEX 20 (TORSEMIDE 20MG TABLETS) (3X | 2 | $6.6K | 3.6% |
| 8 | TORSINEX 10 ( (Torsemide Tablets 10mg) ) | 3 | $6.3K | 3.4% |
| 9 | TORSINEX 10 (TORSEMIDE 10MG TABLETS) (3X | 2 | $5.9K | 3.2% |
| 10 | TORSINEX 10 ( (TORSEMIDE TABLETS 10MG) )( 3X10`S ) ( QTY- 2880.000 ) TAX INV NO: 712203311/09.01.2025 | 1 | $5.9K | 3.2% |
Showing top 10 of 48 Torsemide formulations imported by Madagascar on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Balanced freight mix — 65% sea for bulk, 15% air for urgent orders.
Top Ports of Origin
BANGALORE ACC (INBLR4) handles the highest volume with 14 shipments. Transit time averages 26 days by sea.
Market Dynamics
India's torsemide exports to Madagascar are driven primarily by a handful of large-scale manufacturers. MICRO LABS LIMITED with 43 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 2 active exporters signals a competitive but concentrated market — buyers in Madagascar benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — MICRO LABS LIMITED, MICRO LABS LIMITED — together account for 100% of total trade value on this route. The average shipment value of $3.4K 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 torsinex 20 (torsemide tablets 20mg) (3x10`s) (qty- 4320.000) tax inv no: 712203392/03.03.2025 and torsinex 20(torsemide tablets 20mg)(3x10 , suggesting that buyers in Madagascar tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, SOMAPHAR is the largest importer with 12 shipments worth $39.5K USD — representing 21% of all torsemide imports from India on this route. A total of 12 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $184.5K
- Avg. Shipment
- $3.4K
- Suppliers
- 2
- Buyers
- 12
- Transit (Sea)
- ~26 days
- Annual Growth
- +23.5%
Other Torsemide Routes
Unlock the Full India to Madagascar Torsemide Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 55 shipments on this route.
Frequently Asked Questions — India to Madagascar Torsemide Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Torsemide to Madagascar?
The leading Indian exporters of Torsemide to Madagascar are MICRO LABS LIMITED, MICRO LABS LIMITED . MICRO LABS LIMITED holds the largest market share at approximately 81% of total trade value on this route.
Q What is the total value of Torsemide exports from India to Madagascar?
India exports Torsemide to Madagascar worth approximately $184.5K USD across 55 recorded shipments. The average value per shipment is $3.4K USD.
Q Which ports does India use to ship Torsemide to Madagascar?
The most active port of origin is BANGALORE ACC (INBLR4) with 14 shipments. Indian exporters primarily use a mix of sea and air freight for this route, with 65% of shipments going by sea and 15% by air.
Q How long does shipping take from India to Madagascar for Torsemide?
The average transit time for Torsemide shipments from India to Madagascar is approximately 26 days. Sea freight typically takes longer, while air freight can reduce this significantly for urgent orders. Peak shipping activity is observed during April–June.
Q Is the India to Madagascar Torsemide trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 23.5% with demand growth tracking at 21.7%. The route is ranked #13 among India's top Torsemide export destinations globally.
Q How many suppliers are active on the India to Madagascar Torsemide route?
There are currently 2 active Indian suppliers exporting Torsemide to Madagascar. The market is moderately concentrated with MICRO LABS LIMITED accounting for 81% of total shipment value.
Q Who are the main importers of Torsemide from India in Madagascar?
The leading importers of Indian Torsemide in Madagascar include SOMAPHAR, OFFICE PHARMACEUTIQUE MALGACHE S.A., LABOREX MADAGASCAR, LABOREX MADAGASCAR.,, OFFICE PHARMACEUTIQUE MALGACHE S.A. SOMAPHAR is the largest buyer with 12 shipments worth $39.5K 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 Madagascar export trade corridor identified from Indian Customs (DGFT) records for Torsemide.
- 2.Supplier/Buyer Matching: 2 Indian exporters and 12 importers in Madagascar matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 55 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
55 Verified Shipments
2 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists