India to Venezuela: Verapamil Export Trade Route

The India to Venezuela Verapamil corridor is one of India's established pharmaceutical export routes, with 27 shipments documented worth a combined $113.7K USD. The route is dominated by LIVEALTH BIOPHARMA PRIVATE LIMITED, which alone accounts for roughly 33% of all export value, reflecting the consolidated nature of India's verapamil manufacturing sector.

Across 10 active suppliers, the average shipment value stands at $4.2K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 70% of all shipments, consistent with verapamil's non-urgent bulk-order profile.

Shipment activity peaks during October–December, with an average transit time of 34 days port-to-port. The route has recorded an annual growth rate of 25.9%, placing it at rank #9 among India's top verapamil export destinations globally.

On the import side, key buyers of Indian verapamil in Venezuela include TO THE ORDER OF, FARMAUNTENTICA 2021, C.A , TO THE ORDER"" and 12 others. TO THE ORDER OF is the single largest importer with 2 shipments valued at $23.7K USD.

India's verapamil exports to Venezuela are driven primarily by a handful of large-scale manufacturers. LIVEALTH BIOPHARMA PRIVATE LIMITED with 3 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 10 active exporters signals a competitive but concentrated market — buyers in Venezuela benefit from supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — LIVEALTH BIOPHARMA PRIVATE LIMITED, S.D.PHARMACEUTICALS , LIVEALTH BIOPHARMA PRIVATE LIMITED — together account for 64% of total trade value on this route. The average shipment value of $4.2K 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 verapamil tablets 80 mg batch no. gt57 and verapamil 2.5mg/ml, 2ml inj. 2x5x2ml (ba , suggesting that buyers in Venezuela tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, TO THE ORDER OF is the largest importer with 2 shipments worth $23.7K USD — representing 21% of all verapamil imports from India on this route. A total of 15 buyers are active on this corridor.