What country imports the most pharmaceutical drugs?
One of the imported goods that is at the top of the import of goods to Iran is medicine and pharmaceutical materials. Importing medicine to Iran is possible based on people’s needs and under certain conditions. Note that not all medicines are allowed to be imported into Iran and only those with legal permission are imported into the country.
Normally, based on global statistics, Iranians consume three times the global average of drugs, on the basis of this, in each prescription issued by doctors, an average of 3 to 4 drugs are written, this number is 2 in the world.
What country imports the most pharmaceutical drugs?
The high consumption of medicine in Iran has made it difficult to supply the amount of medicine needed by the people; On the other hand, due to the support of domestic producers, drug imports sometimes face difficulties. On the other hand, drugs are directly related to people’s health, and naturally, the sensitivities regarding the import of drugs are more than other goods.
In this article, based on the importance of drug import and its laws, we intend to introduce mobinpharmed to all the twists and turns of drug import in Iran.
Importing medicine to Iran
Importing medicine to Iran is a complex and sensitive process that requires compliance with strict health (IFDA) and customs regulations and standards. In this article, the steps and key points in the process of drug import to Iran have been examined. What country imports the most pharmaceutical drugs?
Procedures for importing drugs to Iran
1. Supplier research and selection
Reviewing the international drug market: finding reliable manufacturers and comparing the quality and price of drugs.
Contact and negotiation: Communicate with manufacturers and negotiate terms of purchase, quality of drugs, and warranties.
What country imports the most pharmaceutical drugs?
2. Obtaining the necessary permits
Drug import license: obtaining an import license from the Ministry of Health, Medicine and Medical Education.
International certificates: The supplier must have the necessary certificates such as GMP (Good Manufacturing Practice) and other international standards.
3. Order and contract
Ordering: Ordering medicine according to market needs and health guidelines.
Purchase contract: Set up the contract including payment terms, delivery time, and quality assurance.
4. Transportation
Choice of transportation method: choose between air, sea or land transportation depending on the type of medicine and the necessity of delivery time.
Commodity insurance: an insurance policy to protect medicines against possible damages during the journey.
5. Preparation of necessary documents
Commercial invoice: includes purchase details, prices, and payment terms.
Bill of Lading: Shipping document including information on sending goods.
Certificate of Origin: It verifies that the drugs have been exported from the country of manufacture.
Health and standard certificates: including quality certificates and compliance with pharmaceutical standards.
What country imports the most pharmaceutical drugs?
6. goods clearance
Order registration in Iran’s customs systems: such as order registration in the comprehensive trade system.
Customs assessment: presenting documents to customs and assessing the value of medicines to determine customs tariffs.
Payment of customs fees: payment of duties and related taxes.
Final clearance: obtaining a clearance permit and removing the drugs from customs.
What country imports the most pharmaceutical drugs?
The amount of drug import to Iran
The latest statistics presented in connection with the import of medicine to Iran show that in 1400, 21. 7 thousand tons of pharmaceutical and medical products with a value equivalent to 2. 5 billion euros have been imported into the country. The Governor General of the Central Bank announced in May 1402 that the government is going to 3. Allocate 5 billion dollars of preferential currency to the import of medicine, which is equivalent to about 300 million dollars per month. These figures are high and are usually related to special and critical medicines for patients whose domestic production does not meet their needs or the medicine does not have a similar domestic product.
Drug import procedures
Certain steps must be taken to import medicine:
Find a reliable foreign manufacturer
Negotiations and receiving drug samples
Checking the quality and credibility of the foreign company and complete research
contract
Ihad pre-invoice
Obtaining drug import licenses
Transfer the purchase amount of medicine to the account of a foreign company
Choose a shipping method
Cost estimation
Customs clearance and cargo entry into Iran What country imports the most pharmaceutical drugs?
Drug import procedures
In the following, we will review each of these stages for your better understanding.
Find a reliable foreign manufacturer
Many companies in the world are engaged in the production of drugs. At this stage, you should communicate with companies from different countries of the world and choose a suitable company to buy drugs. What country imports the most pharmaceutical drugs?
Receive drug samples
After finding a suitable company, you should ask the company to send you a list of their products so that you can do part of the company’s validation process. At this stage, you should measure the quality of the samples of the products sent and decide on the possibility of doing business with that company.
Credit check of foreign company
In addition to the previous steps, you should research the company separately. One way is that at this stage you can search the desired company name next to the word “fraud” and see the search results. We suggest you do this in both Persian and English. If you see a lot of cases, it is better to avoid cooperation with that company, but if you are sure of the company’s promise and quality of work, you can start your business process.
contract
At this stage, you must draw up a firm and correct legal contract with the foreign company, in which all the required items are mentioned. The contract should include details such as how to pay the amount, obligations of the parties, and how to pay the fine in case of non-fulfillment of the obligations. We suggest that you seek the help of a legal advisor at this stage.
Proforma invoice for sending goods
The pre-invoice is one of the main pillars of importing goods to Iran and it should be adjusted accurately. In the proforma invoice, things such as the price of the drugs and the type and number of the sent drugs should be fully mentioned.
Obtaining an import permit
We will review the drug import licenses in full. At this stage, you must make sure that you have all the permits so that you don’t face any problems during the clearance of the drug shipments.
What country imports the most pharmaceutical drugs?
Payment to a foreign company
After confirming the cooperation with the desired company and signing the contract, you must pay the amount of the imported cargo to the chosen company. At this stage, you must have agreed on the method of payment in advance so that there is no problem in between.
Choose a shipping method
If the drugs you intend to import need to be transported and used quickly, it is better to choose faster methods such as the air method. At this stage, you should choose the best and most optimal way to transport your imported cargo according to the type of drugs sent, country of origin and transportation costs, so that the goods enter the country’s customs without corruption or damage.
Cost estimation
To determine the price of imported drugs and sell them in Iran, after determining the transportation method, you must accurately estimate the import costs so that you can determine the price of the drug correctly and in such a way that your profit is also considered.
What country imports the most pharmaceutical drugs?
