India – leading pharmaceuticals supplier to Vietnam

(VOV) -India shipped pharmaceuticals worth US$131 million to Vietnam in the first half of 2014, a 13.54% rise year-on-year, making it the largest supplier of the products to the country.

The Vietnam Industry and Trade Information Center (VITIC) reports that India made up 13.6% of the total US$963.3 million worth of pharmaceuticals Vietnam imported in the past six months.

France came in second with US$106.6 million in value, down 17.33%, and Germany stood third with US$95.9 million, up 35.18%.

Overall, top ten pharmaceutical exporters to Vietnam were India, France, Germany, the Republic of Korea, the UK, Italy, Switzerland, the US, Belgium and Thailand, accounting for 69.5% of the total value (US$670.1 million).

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