Value in USD million
India’s exports Region Wise
Region
2010-11
2011-12
2012-13
YOY %
CAGR %
% contbn
Africa
1823.96
2258.38
2562.85
13.48
19%
17.46
Asian
695.16
848.89
942.84
11.07
16%
6.42
Asia (Excluding Middle East)
462.38
558.1
557.34
-0.14
10%
3.80
CIS
717.28
692.1
891.4
28.80
11%
6.07
EU
2002.45
2603.56
2655.05
1.98
15%
18.09
LAC
698.03
832.33
922.23
10.80
15%
6.28
Middle East
826.1
931.18
1072.76
15.20
14%
7.31
North America
2650.09
3526.13
4014.21
13.84
23%
27.34
Oceania
155.76
222.71
240.54
8.01
24%
1.64
Other America
143.18
98.99
86.36
-12.76
-22%
0.59
Other European Countries
128.85
159.11
155.26
-2.42
10%
1.06
Others
8.96
44.43
50.28
13.17
137%
0.34
South Asia
409.23
487.52
525.25
7.74
13%
3.58
Total Exports
10725.18
13267.85
14680.55
10.65
17%
100.00
Source: CMIE/DGCIS
Table 1:
Up to the year 2001, the bulk drug production increased by nearly 20 per cent annually, whereas the value of formulations increased at an average rate of 15 percent per year (Joshi, 2003).