Petroleum bitumen in India | The Observatory of Economic Complexity

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Exports In 2022, India exported $62M in Petroleum bitumen, making it the 31st largest exporter of Petroleum bitumen in the world. At the same year, Petroleum bitumen was the 882nd most exported product in India. The main destination of Petroleum bitumen exports from India are: Nepal ($47.3M), Bhutan ($11.5M), Bangladesh ($1.53M), Maldives ($519k), and Mozambique ($430k).

The fastest growing export markets for Petroleum bitumen of India between 2021 and 2022 were Bhutan ($3.9M), Bangladesh ($1.5M), and Maldives ($519k).

Imports In 2022, India imported $921M in Petroleum bitumen, becoming the 3rd largest importer of Petroleum bitumen in the world. At the same year, Petroleum bitumen was the 75th most imported product in India. India imports Petroleum bitumen primarily from: United Arab Emirates ($659M), Iraq ($99.3M), Iran ($95.1M), Oman ($64.2M), and Malaysia ($2.16M).

The fastest growing import markets in Petroleum bitumen for India between 2021 and 2022 were Iraq ($63.8M), United Kingdom ($303k), and Turkey ($239k).

COMPANIES In 2023, leading companies such as John Deere (6.8k), IKEA Group (6.65k), and Old Navy (4.68k) were at the forefront of shipping Petroleum bitumen from India to the United States.

Latest Trends

Jul 2024

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 Petroleum bitumen. 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

Trade Balance

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EXPORTS (2022)$62M

IMPORTS (2022)$921M

NET TRADE (2022)-$859M

In 2022, India exported $62M in Petroleum bitumen. The main destinations of India exports on Petroleum bitumen were Nepal ($47.3M), Bhutan ($11.5M), Bangladesh ($1.53M), Maldives ($519k), and Mozambique ($430k).

In 2022, India imported $921M in Petroleum bitumen, mainly from United Arab Emirates ($659M), Iraq ($99.3M), Iran ($95.1M), Oman ($64.2M), and Malaysia ($2.16M).

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