Ayurveda Medicine export from India - Export data of Ayurveda Medicine

As we know, Ayurveda is one of the top export categories from India that is in high demand abroad, with both its value and demand rising consistently. Also, Ayurveda medicine has seen an increase in demand in recent years. Ayurveda and herbal items from India were exported for an estimated $539 million in 2021. As a result, India has seen a continuous increase in the number of facilities that produce Ayurveda medicines. This blog will give you brief information about Ayurveda Medicines and its exports procedures. 

Top Ayurvedic products exported from India

There are several uses for ayurvedic products, including health and beauty. The following are a few of the major categories of Ayurvedic goods exported from India:-

1. Skincare: Ayurvedic and herbal elements are employed in a number of well-known beauty and skincare products, including hair masks, toners, face masks, serums, and hair oils.
2. Dietary supplements - Customers all over the world are incorporating healthy living options into their regular activities as a result of the COVID-19 epidemic. With this change, there is an increase in demand for goods like turmeric, neem extracts, Chawanprash, Ashwagandha, and herbal tea.
3. Useful substances - Aromatherapy practitioners export ayurvedic essential oils obtained from flowers and herbs that have been farmed organically. Rose, sandalwood, cinnamon, basil, and orange essential oils are a few examples of these flavored essential oils.
4. Ayurvedic medicines - India is known for its traditional Ayurvedic medicines, which are made from natural herbs and ingredients. These medicines are exported to various countries and are used for the treatment of various diseases and ailments. Some of the popular Ayurvedic medicines exported from India include Chyawanprash, Triphala, Ashwagandha, Brahmi, and Turmeric.
5. Ayurvedic cosmetics - Ayurvedic cosmetics are also in high demand and are exported from India to various countries. These cosmetics are made from natural ingredients and are free from harmful chemicals. Some of the popular Ayurvedic cosmetics exported from India include soaps, shampoos, creams, and oils.

What kind of license is required in India to sell Ayurvedic drugs?

To offer exclusively Ayurvedic goods, all you need is a retailer license. This license is required for both online and offline merchants. Owners must, however, register with the Companies Act in order to obtain such a permit. In order to apply for an AYUSH retail license, a legal business organization must also be incorporated in India. To start a production facility, you must obtain an Ayurvedic medicine manufacturing license from the State Drug Controlling Authority. A company bank account must then be opened, and you must then register with the tax authorities. EximPedia’s professionals will help you to acquire such business information to grow your business globally.

How to Export Ayurveda Medicines from India?

Step 1: Obtain Necessary Licenses and Certificates

Before exporting Ayurvedic medicines from India, it is crucial to obtain the necessary licenses and certificates. The following licenses and certificates are required for exporting Ayurvedic medicines from India:

1. Ayurvedic Drug Manufacturing License: The state drug control department issues the Ayurvedic Drug Manufacturing License. It is mandatory for every manufacturer to obtain this license before manufacturing Ayurvedic medicines.
2. Goods and Service Tax (GST) Registration: GST is a mandatory tax registration required for all exporters in India. It is essential to obtain GST registration before exporting Ayurvedic medicines.
3. Import-Export Code (IEC): IEC is a mandatory registration required for all exporters in India. It is necessary to obtain IEC before exporting Ayurvedic medicines.
4. Certificate of Origin (COO): COO is a certificate that identifies the origin of the goods. It is mandatory for all exports to have a COO.
5. Ayurvedic Pharmacopoeia of India (API) Certificate: The API certificate is issued by the Ministry of Health and Family Welfare, Government of India. It certifies that the Ayurvedic medicines exported comply with the standards of the Ayurvedic Pharmacopoeia of India.
6. Free Sale Certificate: The Free Sale Certificate is issued by the State Drug Control Department. It certifies that the Ayurvedic medicines being exported are freely available for sale in India.

Step 2: Identify the Market and Buyers

The next step is to identify the target market and potential buyers for Ayurvedic medicines. Research the demand for Ayurvedic medicines in the target market and identify the potential buyers. There are several online portals and marketplaces that connect buyers and sellers of Ayurvedic medicines. One of the best market research websites is the EximPedia.app, where you can analyze the Ayurvedic Medicine export data.

Step 3: Comply with the Regulatory Requirements of the Target Market

Before exporting Ayurvedic medicines, it is crucial to comply with the regulatory requirements of the target market. Different countries have different regulatory requirements for the import of Ayurvedic medicines. It is essential to research and comply with these requirements to avoid any legal issues.

Step 4: Ensure Quality Control and Standardization

Quality control and standardization are crucial for exporting Ayurvedic medicines. Ayurvedic medicines must comply with the standards of the Ayurvedic Pharmacopoeia of India. The manufacturing process must follow Good Manufacturing Practices (GMP) and must be certified by the state drug control department

Step 5: Packaging and Labelling

Packaging and labeling are important aspects of Ayurvedic medicine exports. The packaging must be sturdy and protective, and the labeling must comply with the regulatory requirements of the target market. The labeling must include the name and address of the manufacturer, batch number, manufacturing date, expiry date, dosage, and indications.

Step 6: Shipping and Logistics

Shipping and logistics are the final steps in Ayurvedic medicine exports. It is essential to choose a reliable shipping and logistics partner who can ensure the timely and safe delivery of the medicines. The shipping and logistics partner must be experienced in handling Ayurvedic drugs and must comply with the regulatory requirements of the target market.

Who is the largest export destination for Ayurvedic products?

According to Ayurvedic Medicine export data, With around Rs 2,685 crore in exports reported in 2020–21, up from Rs 1,730 crore in exports reported in 2016–17, the United States of America is the primary export market for Ayush-related goods. China (Rs 246 crore), France (Rs 216 crore), Italy (Rs 216 crore), Japan (Rs 180 crore), Australia (Rs 159 crore), the United Kingdom (Rs 141 crore), Nepal (Rs 126 crore), and Vietnam SOC Republic (Rs 106 crore) are some of the other nations that exported goods related to Ayush from India worth more than Rs 100 crore. Germany registered exports worth Rs 479 crore in FY 21. Get Updated Export-Import data for Ayurveda medicines.

Exports of Ayurvedic products grew 53% in five years till FY 21

According to the Ministry of Ayush, exports of goods related to Ayush increased by almost 53% in the five years between the fiscal years 2016–17 and 2020–21. On the other side, imports have surged by almost 42% over the same time period, with the majority of the goods coming from nations including Afghanistan, Germany, Nepal, and Vietnam.
The entire export value of Ayush-related goods from India climbed from Rs 4,508 crore in FY 17 to Rs 6,881 crore in FY 21, according to data from the Ministry. Ayush-related products' total import value grew by 42% from Rs 1,685 crore in FY 17 to Rs 2,386 crore in FY 21 according to Ayurvedic Medicine export data.

In the fiscal year 2020–21, three States—Gujarat (Rs 1965.26 crore), Maharashtra (Rs 1104.4 crore), and Karnataka (Rs 2040.04 crore)—accounted for about 60% of the exports of goods connected to Ayush.  As opposed to $84.33 million in 2019–20, the country imported Ayush and herbal items worth $107.72 million in 2020–21.

How to Obtain Export Data of Ayurvedic Products?

In conclusion, Ayurvedic medicine exports from India have tremendous potential for growth. To export Ayurvedic medicines from India, it is crucial to gain market insights. Simply go to EximPedia's data-driven dashboard to examine the data on exports of Ayurvedic products from around the world. EximPedia is a company that provides import and export statistics and offers reliable, current, and authentic information about international trade for more than 100 different countries. Therefore, look at EximPedia's top data-driven dashboard if you're looking for information on global trade. Contact us right away to schedule a free live demo!