The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from India totalled $ 98 billion in 2022. Sales of commodity group 27 from India went up by 74% compared to 2021: exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" went up by $ 42 billion (cumulative exports of commodity group 27 from India amounted $56 billion in 2021)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 21% of total exports from India (cumulative merchandise exports from India totalled $ 452 billion in 2022). The share of commodity group 27 in total exports from India increased by 7.46 p.p. compared to 2021 (it was 14.2% in 2021 and cumulative exports from India were equal to $ 394 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 2022 (the value of exports of commodity group 27 from India amounted to $98 billion in 2022). The share of exports of commodity group 27 in sales of commodity group 27 from India lowered by 0 p.p. compared to 2021 (it was 100% in 2021, and exports of commodity group 27 from India were $56 billion).
Where does India export Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes?
Top export destinations of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from India in 2022:
- Netherlands with a share of 9.6% (9.45 billion US$)
- United Arab Emirates with a share of 8.92% (8.78 billion US$)
- USA with a share of 6.44% (6.34 billion US$)
- Singapore with a share of 5.59% (5.5 billion US$)
- Togo with a share of 4.89% (4.81 billion US$)
- Israel with a share of 4.63% (4.56 billion US$)
- Brazil with a share of 4.38% (4.32 billion US$)
- Australia with a share of 4.32% (4.25 billion US$)
- Indonesia with a share of 3.72% (3.66 billion US$)
- South Africa with a share of 3.6% (3.55 billion US$)
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from India in 2022 represented by the following main commodity groups:
- 95% (94 billion US$): 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
- 2.05% (2.02 billion US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.657% (647 million US$): 2716 - Electrical energy. (optional heading)
- 0.506% (498 million US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0.286% (282 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.267% (262 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.184% (181 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.106% (105 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.058% (57 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
- 0.005% (5.47 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 $ 277 billion in 2022. Sales of commodity group 27 to India went up by 62% compared to 2021: imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" went up by $ 106 billion (the value of imports of commodity group 27 to India was equal to $170 billion in 2021)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 37% of total import flow to India (in 2022, total imports to India amounted to $ 732 billion). The share of commodity group 27 in total imports to India increased by 7.97 p.p. compared to 2021 (it was 29% in 2021 and cumulative imports to India were equal to $ 570 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 2022:
- Iraq with a share of 13.9% (38 billion US$)
- Saudi Arabia with a share of 13.6% (37 billion US$)
- Russia with a share of 12.2% (33 billion US$)
- United Arab Emirates with a share of 10.1% (28 billion US$)
- USA with a share of 7.46% (20 billion US$)
- Australia with a share of 5.77% (16 billion US$)
- Qatar with a share of 5.39% (14.9 billion US$)
- Indonesia with a share of 5.31% (14.7 billion US$)
- Kuwait with a share of 4.21% (11.6 billion US$)
- Nigeria with a share of 3.01% (8.37 billion US$)
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to India in 2022 represented by the following main commodity groups:
- 62% (173 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 17.6% (48 billion US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 11.6% (32 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 5.34% (14.8 billion US$): 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
- 1.46% (4.06 billion US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.586% (1.62 billion US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.571% (1.58 billion US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.074% (205 million US$): 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
- 0.013% (36 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
- 0.003% (10.2 million US$): 2706 - Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars