India to Iraq: Verapamil Export Trade Route

The India to Iraq Verapamil corridor is one of India's established pharmaceutical export routes, with 11 shipments documented worth a combined $72.8K USD. The route is dominated by OCEAN PHARMACEUTICAL, which alone accounts for roughly 46% of all export value, reflecting the consolidated nature of India's verapamil manufacturing sector.

Across 4 active suppliers, the average shipment value stands at $6.6K 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 July–September, with an average transit time of 27 days port-to-port. The route has recorded an annual growth rate of 31.6%, placing it at rank #3 among India's top verapamil export destinations globally.

On the import side, key buyers of Indian verapamil in Iraq include TO , TAJ PHARMA SCIENTIFIC BUREAU, TO THE ORDER OF . and 2 others. TO is the single largest importer with 3 shipments valued at $24.8K USD.

India's verapamil exports to Iraq are driven primarily by a handful of large-scale manufacturers. OCEAN PHARMACEUTICAL with 4 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 4 active exporters signals a competitive but concentrated market — buyers in Iraq benefit from supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — OCEAN PHARMACEUTICAL, SWISS PARENTERALS LIMITED , SWISS PARENTERALS LIMITED — together account for 100% of total trade value on this route. The average shipment value of $6.6K 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 goods/harmless medicinesfor human use verapamil hydrochloride injection bp 5mg/2ml. and verapamil hydrochloride injection usp 5mg/2ml, suggesting that buyers in Iraq tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, TO is the largest importer with 3 shipments worth $24.8K USD — representing 34% of all verapamil imports from India on this route.