HS Icon Crude Petroleum in  Flag India

2020
Exports | Imports
: $11.9M | $59B, World Rnk 92 / 132
Flag Rnk 767 / 1215 | World Rnk 3 / 145
Flag Rnk 1 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $7.58M | $475M, United Arab Emirates |  Kazakhstan


ECONOMIC COMPLEXITY of India
: 0.56, Rnk 40 / 127


PRODUCT COMPLEXITY  IN Crude Petroleum
: -2.82, Rnk 1028 / 1028

Exports In 2020, India exported $11.9M in Crude Petroleum, making it the 92nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 767th most exported product in India. The main destination of Crude Petroleum exports from India are: United Arab Emirates ($7.58M), Netherlands ($4.34M), El Salvador ($7.34k), New Zealand ($2.1k), and France ($942).

The fastest growing export markets for Crude Petroleum of India between 2019 and 2020 were United Arab Emirates ($7.58M), Netherlands ($4.34M), and New Zealand ($2.1k).

Imports In 2020, India imported $59B 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 ($13.2B), Saudi Arabia ($11.1B), United Arab Emirates ($6.34B), Nigeria ($5.22B), and United States ($4.12B).

The fastest growing import markets in Crude Petroleum for India between 2019 and 2020 were Kazakhstan ($475M), Colombia ($368M), and Brazil ($241M).

Subnational Monthly Trade

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $11.9M

IMPORTS (2020): $59B

NET TRADE (2020): -$59B

In 2020, India exported $11.9M in Crude Petroleum. The main destinations of India exports on Crude Petroleum were United Arab Emirates ($7.58M), Netherlands ($4.34M), El Salvador ($7.34k), New Zealand ($2.1k), and France ($942).

In 2020, India imported $59B in Crude Petroleum, mainly from Iraq ($13.2B), Saudi Arabia ($11.1B), United Arab Emirates ($6.34B), Nigeria ($5.22B), and United States ($4.12B).

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IN 2020, India HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

IN 2020, India HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR India WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY India WERE (2019 - 2020):

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Market Concentration

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In 2019, India's main exporting competitors in Crude Petroleum were:

In 2019, 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.