HS Icon Crude Petroleum in  Flag India

2019
Exports | Imports
: $63.8M | $92.7B, World Rnk 73 / 135
Flag Rnk 461 / 1213 | World Rnk 3 / 156
Flag Rnk 1 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $527 | $1.99B, France |  United States

2019
ECONOMIC COMPLEXITY of India
: 0.57, Rnk 45 / 147

2019
PRODUCT COMPLEXITY  IN Crude Petroleum
: -3.02, Rnk 1029 / 1029

Exports: In 2019, India exported $63.8M in Crude Petroleum, making it the 73rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 461st most exported product in India. The main destination of Crude Petroleum exports from India are: United States ($63.8M), Indonesia ($13.5k), El Salvador ($8.44k), United Arab Emirates ($686), and France ($527).

The fastest growing export markets for Crude Petroleum of India between 2018 and 2019 were France ($527), Netherlands ($437), and Philippines ($397).

Imports: In 2019, India imported $92.7B in Crude Petroleum, becoming the 3rd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in India. India imports Crude Petroleum primarily from: Iraq ($19.3B), Saudi Arabia ($18.4B), Nigeria ($9.34B), United Arab Emirates ($7.82B), and United States ($5.36B).

The fastest growing import markets in Crude Petroleum for India between 2018 and 2019 were United States ($1.99B), Nigeria ($799M), and Kazakhstan ($607M).

Historical Data

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Value

EXPORTS (2019): $63.8M

IMPORTS (2019): $92.7B

NET TRADE (2019): -$92.7B

In 2019, India exported $63.8M in Crude Petroleum. The main destinations of India exports on Crude Petroleum were United States ($63.8M), Indonesia ($13.5k), El Salvador ($8.44k), United Arab Emirates ($686), and France ($527).

In 2019, India imported $92.7B in Crude Petroleum, mainly from Iraq ($19.3B), Saudi Arabia ($18.4B), Nigeria ($9.34B), United Arab Emirates ($7.82B), and United States ($5.36B).

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IN 2019, India HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

IN 2019, India HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR India WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY India WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, India's main exporting competitors in Crude Petroleum were:

In 2018, India's main importing competitors in Crude Petroleum were:

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Tariffs by Country

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In 2018, the tariffs for Crude Petroleum in the imports of India were of 0% around the world.