Periodic Analysis of Exports of Drugs, Pharmaceuticals & Fine ...

Monthly Analysis of India’s Pharmaceutical ExportsDuring Apr10‐Feb11 our exports to Vietnam though have recorded a negative growth has improvedgrowth rate in comparison to April10‐Jan 11 period. Exports to Ukraine & Iran Cumulative Feb 2011have slipped into negative. Exports to UAE though continued in the same pattern as last month butslipped in ranking to 27 th .As a group the top 26 destinations, India’s exports has recorded a growth rate of over 20.07% &15.02% in USD and INR respectively, during the period of the two financial years in study, the exportsto rest of the world, while IN INR terms is 4.6%, has grown by 9% in USD terms.Table‐4: Country wise growth wise segmentation(20% and above)Amongst top 26 Destinations, countries to which exports are Growing 20% andabove (InUSD mn)PeriodCountryApr‐Feb2009‐10Apr‐Feb2010‐11Percentageof totalexportsCumpercentonPeriod% RankFy2009-10Gr%USA 1699.31 2172 23.45 23.45 27.82 1 23.09Russia 244.22 308 3.33 30.47 26.12 3 ‐17.58South Africa 222.59 283.71 3.06 36.85 27.46 5 0.03Netherlands 127.39 172.43 1.86 43.08 35.36 8 ‐2.88Kenya 100.56 167.15 1.80 44.89 66.22 9 ‐1.86Ghana 96.55 124.61 1.35 50.94 29.06 13 52.19France 96.83 122.59 1.32 52.27 26.60 14 4.92Singapore 50.37 108.59 1.17 60.99 115.58 21 ‐0.43Australia 84.83 104.24 1.13 62.12 22.88 22 40.23SOURCE DGCISAmongst table‐4 showing countries growing above 20%, Singapore, Month after Month continues totop the growth rates has recorded around 116% cumulatively. It is heartening to note that exports toUSA continue to grow above 25% which is high above the average growth during the period. Exportsto Kenya have also grown exceptionally (66%). Ghana continues to feature in this group. Exports toNetherlands& France have fared like in April10‐Jan11, & to south Africa the rate of exports are betterthan last month analysis. Nine countries are featuring in this group as against ten during last analysis.Turkey & Bahamas does not feature in this group this time, while exports to Russia have gained a goodmomentum.Pharmexcil July 2011 7