The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from India totalled $ 89 billion in 2023. Sales of commodity group 27 from India decreased by 9.28% in value terms compared to 2022. exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 9.14 billion (cumulative exports of commodity group 27 from India amounted $98 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 20% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 27 in total exports from India decreased by 1.04 p.p. compared to 2022 (it was 21% in 2022 and cumulative exports from India were equal to $ 452 billion).
Exports of commodity group 27 amounted to 99% of total sales of group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from India in 2023 (the value of exports of commodity group 27 from India amounted to $89 billion in 2023). The share of exports of commodity group 27 in sales of commodity group 27 from India lowered by -0 p.p. compared to 2022 (it was 99% in 2022, and exports of commodity group 27 from India were $98 billion).
Where does India export Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes?
Top export destinations of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from India in 2023:
- Netherlands with a share of 16.7% (14.9 billion US$)
- United Arab Emirates with a share of 8.34% (7.45 billion US$)
- USA with a share of 7.3% (6.52 billion US$)
- Singapore with a share of 6.2% (5.53 billion US$)
- Australia with a share of 4.1% (3.66 billion US$)
- Israel with a share of 4.09% (3.65 billion US$)
- South Africa with a share of 3.94% (3.52 billion US$)
- Togo with a share of 3.62% (3.24 billion US$)
- Areas, nes with a share of 3.18% (2.84 billion US$)
- Nepal with a share of 2.59% (2.31 billion US$)
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from India in 2023 represented by the following main commodity groups:
- 95% (84 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 1.91% (1.7 billion US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 1.67% (1.49 billion US$): 2716 - Electrical energy. (optional heading)
- 0.437% (391 million US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0.359% (320 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.217% (194 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.133% (119 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.094% (84 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
- 0.047% (42 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.007% (6.51 million US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to India totalled $ 220 billion in 2023. Sales of commodity group 27 to India decreased by 20% in value terms compared to 2022. imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 56 billion (the value of imports of commodity group 27 to India was equal to $277 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 32% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 27 in total imports to India decreased by 5.02 p.p. compared to 2022 (it was 37% in 2022 and cumulative imports to India were equal to $ 732 billion).
Where does India import Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes from?
Top trading partners (import of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes") of India in 2023:
- Russia with a share of 26% (58 billion US$)
- Iraq with a share of 13.4% (29 billion US$)
- Saudi Arabia with a share of 12.1% (26 billion US$)
- United Arab Emirates with a share of 7.63% (16.8 billion US$)
- USA with a share of 6.07% (13.4 billion US$)
- Australia with a share of 5.89% (12.9 billion US$)
- Qatar with a share of 5.24% (11.5 billion US$)
- Indonesia with a share of 4.43% (9.78 billion US$)
- Kuwait with a share of 3.24% (7.15 billion US$)
- South Africa with a share of 1.73% (3.83 billion US$)
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to India in 2023 represented by the following main commodity groups:
- 63% (140 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 16.8% (37 billion US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 11.2% (24 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 5.25% (11.5 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 1.69% (3.73 billion US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.637% (1.4 billion US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.581% (1.28 billion US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.086% (191 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.011% (25 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
- 0.003% (7.96 million US$): 2716 - Electrical energy. (optional heading)