![]() ![]() International shipping guidelines for shipping medicationĬertain international shipping guidelines apply when exporting medication and supplements from the Philippines. The Philippines’ pharmaceutical companies export supplements and medication globally, some of these destinations include: Top countries that the Philippines ships medication to Over-the-counter drugs such as Paracetamol, Neozep, Cetirizine, etc. The most commonly shipped products from the Philippines include the following: With these measures, the Philippines is now a manufacturing hub for pharmaceuticals, thus providing growth opportunities for local businesses. Efforts are being taken to establish a business model and strategy that facilitates the development of the Philippines’ herbal medicine industry. The BOI is also investing in the research and development of using nature-based medicinal ingredients, such as Lagundi and Sambong, to create herbal drugs for international exports. These measures include providing support to local suppliers who are in the business of shipping prescription medication internationally, as well as supporting the development of herbal medicines. The Philippines Board of Investment (BOI) is still working on new initiatives to support the roadmap that will enable the country to increase its pharmaceutical exports and empower and strengthen the local industry. The Philippines’ Medicine Export MarketĪccording to Statista, the Philippines' medicine export market is valued at approximately US$48.3 million in 2020, with US$36 million of this amount being accounted for medicines used for therapeutic or prophylactic uses. It will provide you with a thorough understanding of the Philippines’ pharmaceutical products export market, the types of drugs permitted, countries that you can ship to, as well as all of the associated rules and regulations for shipping medication and its derivatives internationally. This guide is for business owners who want to ship medicines and health supplements overseas. At the same time, the industry has seen a steady growth of 11% per annum, making it an attractive market for pharmaceutical firms to invest in. The pharmaceutical industry is growing steadily in the Philippines and is expected to become a PH₱216 billion industry by 2024, reports the Department of Trade and Industry.
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