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).