Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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India | Exports | World | Petroleum oils and oils, other than crude | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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2022
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 oilsIndiaWorldExportsValue (US$)54,611,075,742.0052,763,870,297.0067,075,185,518.0060,838,605,609.0030,454,980,173.0026,951,007,609.0034,849,725,415.7647,083,025,088.5042,560,122,408.2226,174,664,561.0354,037,061,739.4594,398,699,632.14
Value Growth, YoY (%)49.04-3.3827.12-9.29-49.94-11.5029.3035.10-9.60-38.49106.4474.69

The value of exports of commodity group 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" from India totalled $ 94 billion in 2022. Sales of commodity group 2710 from India went up by 74% compared to 2021: exports of commodity group 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" went up by $ 40 billion (cumulative exports of commodity group 2710 from India amounted $54 billion in 2021)

Exports of commodity group 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" amounted to 20% of total exports from India (cumulative merchandise exports from India totalled $ 452 billion in 2022). The share of commodity group 2710 in total exports from India increased by 7.16 p.p. compared to 2021 (it was 13.6% in 2021 and cumulative exports from India were equal to $ 394 billion).

Exports of commodity group 2710 amounted to 95% of total sales of group "" from India in 2022 (the value of exports of commodity group from India amounted to $98 billion in 2022). The share of exports of commodity group 2710 in sales of commodity group from India increased by 0.053 p.p. compared to 2021 (it was 95% in 2021, and exports of commodity group from India were $56 billion).

Where does India export 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?

Top export destinations of "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" from India in 2022:

  • Netherlands with a share of 10% (9.45 billion US$)
  • United Arab Emirates with a share of 8.45% (7.98 billion US$)
  • USA with a share of 5.96% (5.62 billion US$)
  • Singapore with a share of 5.62% (5.31 billion US$)
  • Togo with a share of 5.1% (4.81 billion US$)
  • Israel with a share of 4.83% (4.56 billion US$)
  • Brazil with a share of 4.5% (4.25 billion US$)
  • Australia with a share of 4.46% (4.21 billion US$)
  • Indonesia with a share of 3.85% (3.63 billion US$)
  • South Africa with a share of 3.74% (3.53 billion US$)

Exports structure of 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 - from India in 2022 represented by the following main commodity groups:

  • 69% (65 billion US$): 271019 - Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations
  • 0.001% (1.08 million US$): 271099 - Waste oils of petroleum or obtained from bituminous minerals, not crude other than those cont. polychlorinated biphenyls (PCBs)/polychlorinated terphenyls (PCTs)/polybrominated biphenyls (PBBs)
  • 0% (44 US$): 271091 - Waste oils cont. polychlorinated biphenyls (PCBs)/polychlorinated terphenyls (PCTs)/polybrominated biphenyls (PBBs)

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