πŸ‡΅πŸ‡­ Country Profile

Philippines

Fast-growing pharmaceutical trade with Philippines

πŸ‡΅πŸ‡­ $449M
All data from DGCIS India export records (fiscal year, April–March).
$449M
Scale
Philippines' patients receive $449M in Indian pharmaceutical products annually β€” almost entirely finished medicines ready for dispensing.
82%
Medicine
Overwhelmingly finished medicines β€” drug formulations account for 82% of shipments.
3.5Γ—
Trajectory
One of the faster-growing relationships β€” India's pharmaceutical supply to Philippines has expanded 3.5Γ— over the decade.
Context
Part of India's pharmaceutical supply network across Asia-Pacific.
✦
Impact
Indian pharmaceutical companies have both exported to and invested directly in Philippines β€” building trade and operational presence.
Export Trend DGCIS FY
Pharmaceutical Composition Trend DGCIS CY 2014–2025

All pharmaceutical categories from DGCIS

Category Mix — FY 2025–26 DGCIS
Medicines $368M (82.1%) Vaccines $50.8M (11.3%) Medicine Ingredients $16.1M (3.6%) Surgical & Hospital Supplies $10.0M (2.2%) Traditional & Herbal $3.4M (0.8%)
Top Products — FY 2025–26 DGCIS
Indian Pharma Investment in Philippines Source: RBI ODI Data

Total RBI-approved ODI commitments by Indian pharmaceutical companies into Philippines: $19.7M across 76 filings (2011-2026).