India is a prominent leader in the global petroleum business, both as an importer and an exporter of refined goods. Their crude oil is extracted using massive drilling machinery. Several petroleum products include aviation turbine fuel, petrol, diesel, and kerosene in almost everything we use. These exports are critical to India's economy and account for many foreign exchange earnings. This blog will explore the list of petroleum products exported from India, including updated petroleum products export data and much more.
Oil, often known as petroleum, is one of the world's most profitable commodities. Here is the list of petroleum products list in India:
Aviation Turbine Fuel
Petrol
Diesel
Kerosene
Fuel oil
Napalm
Polyurethane
Paraffin
Polyester
Liquified Petroleum Gas
Naphtha
Naphthalene
Plastic
Bitumen
So, these are petroleum products listed in India. However, petroleum oil impacts practically every aspect of our lives, as evidenced by the 14 top petroleum products above. This is why petroleum is so crucial to humanity.
As a result, it must be refined and processed before it can be converted into other petroleum products. Ammonia, for example, is a fertilizer derived from petroleum refining and utilized in fields and orchards.
Do you know? India's petroleum product exports rose 12.6% in October 2023. Let's explore the c petroleum products export data!
Now, let's explore the list of petroleum products exported from India:
As we know, India is a significant producer of refined petroleum products, ranking second in global exports. The top exported products change by year, but some of the most popular are Liquefied Petroleum Gas, Motor Spirit, and Naphtha$. Aviation Turbine Fuel, Superior Kerosene Oil, High-Speed Diesel, Light Diesel Oil, LOBS/ Lube Oil, Fuel Oil, Bitumen.
These are the list of petroleum products exported from India, with recent significant destinations including Europe, the United States, and Singapore. Here is the updated list of petroleum products exported from India in table format;
| S.No |
List of Petroleum Products exported from India |
Petroleum exports data (2023-24 in Metric tons) |
| 1 | LPG (Liquefied Petroleum Gas) | 477 |
| 2 | MS (Motor Spirit) | 12123 |
| 3 | Naphtha$ | 4753 |
| 4 | ATF# (Aviation Turbine Fuel) | 7789 |
| 5 | SKO (Superior Kerosene Oil) | 10 |
| 6 | HSD (High-Speed Diesel) | 25760 |
| 7 | LDO (Light Diesel Oil) | Nil |
| 8 | LOBS/ Lube Oil | 6 |
| 9 | Fuel Oil | 1767 |
| 10 | Bitumen | 8 |
Source: ppac.gov.in
The oil export market in 2023 appears substantially different from 2022, with shifting dynamics, price instability, and the growing influence of alternative energy sources. Compare the two years: demand growth fell to 0.7% due to economic headwinds, energy efficiency gains, and electric car consumption.
Saudi Arabia is the world's leading petroleum products exporter, followed by Russia and Canada. Norway, Nigeria, and Kazakhstan. Here is the updated list of top petroleum product exporters;
| S.No | Top petroleum product exporters | Global Export Values |
| 1 | Saudi Arabia | 16.2% |
| 2 | Russia | 9.14% |
| 3 | Canada | 8.48% |
| 4 | United States | 8.16% |
| 5 | Iraq | 7.62% |
| 6 | United Arab Emirates | 7.24% |
| 7 | Kuwait | 4.31% |
| 8 | Norway | 4.06% |
| 9 | Nigeria | 3.59% |
| 10 | Kazakhstan | 3.28% |
Petroleum products are the most in-demand product in the world, which comes as no surprise given its many uses. The largest oil exporters span the globe, with Saudi Arabia taking the top spot. Every position on the list changes every year according to the global political context, the price of oil, and the internal environment of each country. However, if you need an updated list of petroleum products exported from India, connect with Eximpedia.app.
Also Read- Top 10 Oil Exporting Countries and their data 2024
Let’s discuss the top importing countries for petroleum products from India!
India has recently emerged as a major supplier of petroleum products, cementing its position in the global energy market. This increase is attributed to a variety of causes, including increased refining capacity and strategic location. Some of the leading destinations for these shipments are:
Europe
Netherlands
Singapore
United Arab Emirates (UAE)
United States (USA)
Australia
South Africa
These are the top countries that import petroleum products from India. Also, these countries are well-positioned to remain major providers of petroleum products in the next few years, despite recent patterns indicating a minor fall in petroleum exports relative to non-oil exports.
As we all know, petroleum product exports play a crucial role in the global economy by providing critical energy supplies. Saudi Arabia is expected to be the world's greatest petroleum exporter in 2023, followed by Russia, the US, Iraq, and Canada. However, if you require global petroleum product importers or buyers or a list of petroleum products exported from India, Eximpedia is the best platform for assessing the latest market insights.
Also, Eximpedia.app is an import and export data supplier that offers reliable petroleum products export data and accurate global trade data from over 100 countries. We furnish India import data, India export data, India export import data, US import data, and HS codes, among other services.
India's petroleum product exports are subject to a variety of rules and standards, and the country has established infrastructure for refining and exporting these goods. The above list of petroleum products exported from India provides a sampling of the varied range of petroleum products, illustrating their importance in the global petroleum sector. However, if you have any queries related to petroleum products export from India, or petroleum products export data, connect with EximPedia.app and book a free live demo today!
Frequently Asked Questions(FAQ's)
Based on petroleum products export data, the top exported products change by year, but some of the most popular are Liquefied Petroleum Gas, Motor Spirit, and Naphtha$. Aviation Turbine Fuel, Superior Kerosene Oil, High-Speed Diesel, Light Diesel Oil, LOBS/ Lube Oil, Fuel Oil, Bitumen
Rising from roughly 62.8 million metric tonnes in the previous fiscal year, the amount of petroleum products exported from India stood at nearly 45.7 million metric tonnes as of December 2023.
Russia continued to be India's biggest oil supplier in December, providing almost one-third of all the crude imported into the nation, according to figures from the commerce ministry. As per petroleum products export data, the value of Russia's crude oil supply increased by 25% annually to $3.92 billion.
Iraq being the top oil supplier to India , followed by Saudi Arabia and the UAE.
The most Petroleum products exported from India signifies countries economic growth and opportunities. To know the updated exporters petroleum products, visit Eximpedia.app
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