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in 2022-23, the exports stood at usd 25.4 billion. the top five export markets, for the sector during the last fiscal, are the us, the uk, the netherlands, the united kingdom, south africa and brazil. the us accounts for over 31 per cent of indias total pharma exports, followed by the uk and netherlands (about 3 per cent 2023-24, the outbound shipments also entered new geographies like montenegro, south sudan, chad, comoros, brunei, latvia, ireland, chad, sweden, haiti and ethiopia. an industry expert said that increasing market opportunities and healthy demand in countries like the us are helping exports to record healthy growth rates month after month.