India to Maldives: Vildagliptin Export Trade Route

The India to Maldives Vildagliptin corridor is one of India's established pharmaceutical export routes, with 21 shipments documented worth a combined $322.2K USD. The route is dominated by MACLEODS PHARMACEUTICALS LTD , which alone accounts for roughly 48% of all export value, reflecting the consolidated nature of India's vildagliptin manufacturing sector.

Across 5 active suppliers, the average shipment value stands at $15.3K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 81% of all shipments, consistent with vildagliptin's non-urgent bulk-order profile.

Shipment activity peaks during January–March, with an average transit time of 19 days port-to-port. The route has recorded an annual growth rate of 11.9%, placing it at rank #2 among India's top vildagliptin export destinations globally.

On the import side, key buyers of Indian vildagliptin in Maldives include PHARMACY PLUS , PRIME CARE INVESTMENT PVT LTD, CARE PLUS and 2 others. PHARMACY PLUS is the single largest importer with 6 shipments valued at $153.3K USD.

India's vildagliptin exports to Maldives are driven primarily by a handful of large-scale manufacturers. MACLEODS PHARMACEUTICALS LTD with 6 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 5 active exporters signals a competitive but concentrated market — buyers in Maldives benefit from supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — MACLEODS PHARMACEUTICALS LTD , MACLEODS PHARMACEUTICALS LTD, MACLEODS PHARMACEUTICALS LIMITED — together account for 91% of total trade value on this route. The average shipment value of $15.3K 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 vildamac m 50/850 (vildagliptin 50mg met and vildamac m 50/1000 (vildagliptin 50 mg +metformin 1000 mg tablets)bno:18240461amfg dt:05/2024 exp dt:04/2026 ps:4x15s, suggesting that buyers in Maldives tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, PHARMACY PLUS is the largest importer with 6 shipments worth $153.3K USD — representing 48% of all vildagliptin imports from India on this route.