ENA Global 2026-01-19 16:48:37 <p><span style="font-size:14px"><strong>New Delhi, Jan 19 (KNN)</strong> Brazil and Nigeria are emerging as key export destinations for Indian pharmaceutical companies amid global economic uncertainty, according to data from the commerce ministry.</span></p> <p><strong><span style="font-size:14px">Rising Exports to Emerging Markets</span></strong></p> <p><span style="font-size:14px">Nigeria was among the fastest-growing destinations during the first eight months of the current financial year, adding USD 179 million in exports and contributing over 14 per cent to total export growth. Brazil also recorded an increase of nearly USD 100 million in pharmaceutical exports during April November FY26.</span></p> <p><span style="font-size:14px">These markets reflect rising healthcare access, expanding public procurement and growing reliance on Indian generics, reinforcing Indias role as a preferred supplier to high-growth, demand-intensive regions, a commerce ministry official said, reported PTI.</span></p> <p><strong><span style="font-size:14px">Overall Export Growth</span></strong></p> <p><span style="font-size:14px">Indias pharmaceutical exports rose 6.5 per cent to USD 20.48 billion during April November 2025 26. The data showed a broadening demand base across regions, which officials said has helped strengthen the stability of Indias pharmaceutical export basket.</span></p> <p><strong><span style="font-size:14px">US Remains Top Destination</span></strong></p> <p><span style="font-size:14px">The United States continued to be the single largest market, accounting for over 31 per cent of Indias pharmaceutical exports during April November 2025. </span></p> <p><span style="font-size:14px">Alongside the US, countries such as France, the Netherlands, Canada, Germany and South Africa recorded steady growth, collectively supporting export expansion while maintaining stable market shares.</span></p> <p><strong><span style="font-size:14px">European Integration Deepens</span></strong></p> <p><span style="font-size:14px">The Netherlands added more than USD 58 million in pharmaceutical exports during the period, reflecting Indias increasing integration into European distribution networks.</span></p> <p><span style="font-size:14px">This combination of large-scale markets and diversified secondary destinations points to a balanced export structure, with growth supported by both mature healthcare systems and fast-expanding emerging economies, the official said.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 44822 https://knnindia.co.in/news/newsdetails/global/brazil-nigeria-emerge-as-key-growth-markets-for-indian-pharma-exports 2026-01-19 16:48:37 knnindia.co.in