The Indian Pharmaceutical Products Industry export recorded in June'22 for ?111.95 bn | Trade Surplus of ?97.26 bn

The Indian Pharmaceutical Products Industry exported June'22 of ?111.95 bn which contributes to 4.04% of total merchandise Exported in Jun'22, a trade surplus of ?97.26 bn, as imports were recorded at ?14.69 bn.

June'22 overall, the Pharmaceutical Products Industry exports rose 11.59% year-on-year and 9.33% month-on-month as per the study by?BE Smart Exim.

In June'22, Maharashtra exported 47.76% of the overall Pharmaceutical Products Industry, followed by Telangana with 19.61%, and Gujrat with 10.81%.

The top 5 export destinations are the USA (export value ?34.57 bn), Belgium (export value ?3.74 bn), UK(export value ?3.11 bn), South Africa(export value ?3.03 bn), Nigeria(export value ?2.90 bn)

The Indian Pharmaceutical Products Import Industry is 0.28% of total merchandise Import in the month of Jun'22 in terms of value.

June'22 overall, the Pharmaceutical Products Industry Imports jumped 51.24% year-on-year but declined and 1.29% month-on-month

In June'22 Maharashtra imported 73.22% of the overall Pharmaceutical Products Industry, followed by Delhi with 7.82% & Telengana with 7.79%.

The top 5 Importing Countries are the USA (import value ?3.09 bn), Germany(import value ?2.74 bn), Denmark(import value ?1.53 bn), China(import value ?1.31 bn), and Italy (import value ?0.88 bn).

All India merchandise exports in June'22 were ? 2765.15 bn increase of 23.12% and 60.54% compared to June'21 (export value ? 2245.79 bn) and June'20 (export value ? 1722.36 bn).

All India merchandise imports in June'22 were ? 5238.07 increase of 74.13% and 223.87% compared to June'21 (export value ? 3008.07 bn) and June'20 (export value ? 1617.35 bn).