Export Pharmaceuticals from India to Vietnam

Pharmaceuticals exported from India to Vietnam is classified under HS 300490 and attracts a 2.54% MFN (applied) import duty in Vietnam (World Bank WITS / UNCTAD TRAINS, 2023). Indian exporters can claim 0.7% of FOB under RoDTEP. Vietnam imported $1.51B of this product in 2024, ranking #36 worldwide.

HS Code
300490
Pharma & Healthcare
Vietnam import duty
2.54%
MFN (applied) · 2023
India export benefit
0.7%
RoDTEP of FOB
Vietnam imports
$1.51B
rank #36 of 225 · 2024

Duty & taxes in Vietnam

Officially reported applied rates. Always confirm against the destination customs tariff before you contract.

MFN applied duty2.54%
RoDTEP (India, on FOB)+0.7%
SOURCE: World Bank WITS / UNCTAD TRAINS · AS OF 2023

Vietnam demand & world market

Medicaments in Dosage (n.e.s.) · OEC World (BACI / UN Comtrade), 2024

World imports
$391.46B
2024
Vietnam imports
$1.51B
0.39% of world
World rank
#36
of 225 importers
Top importing markets · 2024
United States$75.59B · 19.3%
Switzerland$42.37B · 10.8%
Germany$25.75B · 6.6%
Belgium$20.09B · 5.1%
Italy$15.71B · 4%
China$14.01B · 3.6%
United Kingdom$13.07B · 3.3%
Japan$12.49B · 3.2%

Documents & compliance

The baseline Indian export set, plus what Vietnam typically asks for on this product.

Commercial invoice
Value, Incoterm, buyer and consignee details
Packing list
Carton-level weights and dimensions
Shipping bill
Filed on ICEGATE — carries your IEC and HS code
Bill of lading / AWB
Title document issued by the carrier
Certificate of origin
Proof of Indian origin for customs
Product certification
Phytosanitary, health, halal or regulatory approval as required by Vietnam
Full customs & compliance workspace

Buyers & importers in Vietnam

Buyer coverage for Vietnam is being ingested

Every buyer record is sanctions-screened and source-cited before we publish it, so we show nothing rather than an unverified list. Meanwhile, the demand table above shows exactly how much Vietnam imports — and our European coverage (27,000+ screened records) is live today.

Landed cost & Incoterms

EXW → FOB → CIF → freight → insurance → duty → local charges → landed cost.

On a CIF shipment to Vietnam, your landed cost is the CIF value plus 2.54% duty plus local VAT/GST, customs handling and inland delivery. Against that, RoDTEP returns 0.7% of FOB to you as a transferable scrip.

Trade fairs in Vietnam

Vietnam International Trade Fair (VIETNAM EXPO)
Hanoi · 2027-04-15
View

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Pharmaceuticals → Vietnam: questions exporters ask

Can I export Pharmaceuticals from India to Vietnam?

Yes. Pharmaceuticals is traded under HS 300490. Vietnam applies a 2.54% MFN (applied) duty (2023). You will need the standard Indian export documentation set plus any product-specific certification required by Vietnam.

What is the HS code for Pharmaceuticals?

Pharmaceuticals falls under HS 300490 (related codes: 300490, 300420). Confirm the exact 8-digit national code with our HS code finder before filing the shipping bill.

How much import duty does Vietnam charge on Pharmaceuticals?

2.54% — MFN (applied), as reported to World Bank WITS / UNCTAD TRAINS for 2023. Verify against the current Vietnam customs tariff before contracting.

What export incentive can I claim from India?

RoDTEP at 0.7% of FOB value (DGFT Appendix 4R (RoDTEP schedule), effective 2026-05-01). It is issued as a transferable e-scrip. Confirm the exact 8-digit rate in Appendix 4R.

How big is the Vietnam market for Pharmaceuticals?

Vietnam imported $1.51B in 2024 — 0.39% of world imports and rank #36 of 225 importing countries (OEC World (BACI / UN Comtrade)).

Which documents do I need?

Commercial invoice, packing list, shipping bill, bill of lading or airway bill and certificate of origin are the baseline. Preferential duty requires a valid origin certificate. Food, pharma and plant products additionally need phytosanitary, health or regulatory certificates for Vietnam.

Are there verified buyers for Pharmaceuticals in Vietnam?

Buyer coverage for Vietnam is still being ingested. Every record is sanctions-screened before publication, so we would rather show nothing than show an unverified list.

What will the landed cost be?

Landed cost = FOB + freight + insurance + 2.54% duty + local taxes and handling. Run the landed cost calculator for a worked figure in your own currency and Incoterm.

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