HS Icon Petroleum Gas in  Flag India

2019
Exports | Imports
: $329M | $16.4B, World Rnk 46 / 152
Flag Rnk 180 / 1213 | World Rnk 4 / 219
Flag Rnk 5 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $32.2M | $1.04B, Mauritius |  Qatar

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

2019
PRODUCT COMPLEXITY  IN Petroleum Gas
: -2.48, Rnk 1023 / 1029

Exports: In 2019, India exported $329M in Petroleum Gas, making it the 46th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 180th most exported product in India. The main destination of Petroleum Gas exports from India are: Nepal ($258M), Mauritius ($34.5M), China ($26.7M), Myanmar ($7.17M), and Bhutan ($1.9M).

The fastest growing export markets for Petroleum Gas of India between 2018 and 2019 were Mauritius ($32.2M), Myanmar ($7.17M), and China ($5.29M).

Imports: In 2019, India imported $16.4B in Petroleum Gas, becoming the 4th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 5th most imported product in India. India imports Petroleum Gas primarily from: Qatar ($8.14B), Saudi Arabia ($1.79B), United Arab Emirates ($1.41B), Nigeria ($932M), and Angola ($875M).

The fastest growing import markets in Petroleum Gas for India between 2018 and 2019 were Qatar ($1.04B), United States ($391M), and Angola ($297M).

Tariffs: In 2018, the average tariff for India in Petroleum Gas was 3.39%. The countries with the highest import tariffs for Petroleum Gas were Brunei (Most Favoured Nation duty rate treatement, 5%), Indonesia (Most Favoured Nation duty rate treatement, 5%), South Korea (Most Favoured Nation duty rate treatement, 5%), Malaysia (Most Favoured Nation duty rate treatement, 5%), and Philippines (Most Favoured Nation duty rate treatement, 5%).

Historical Data

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Value

EXPORTS (2019): $329M

IMPORTS (2019): $16.4B

NET TRADE (2019): -$16.1B

In 2019, India exported $329M in Petroleum Gas. The main destinations of India exports on Petroleum Gas were Nepal ($258M), Mauritius ($34.5M), China ($26.7M), Myanmar ($7.17M), and Bhutan ($1.9M).

In 2019, India imported $16.4B in Petroleum Gas, mainly from Qatar ($8.14B), Saudi Arabia ($1.79B), United Arab Emirates ($1.41B), Nigeria ($932M), and Angola ($875M).

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

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

Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas 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 Petroleum Gas were:

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

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Tariffs by Country

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In 2018, the average tariff for India in Petroleum Gas was 3.39%.

The countries with the highest tariffs for Petroleum Gas in India were Brunei (Most Favoured Nation duty rate treatement, 5%), Indonesia (Most Favoured Nation duty rate treatement, 5%), South Korea (Most Favoured Nation duty rate treatement, 5%), Malaysia (Most Favoured Nation duty rate treatement, 5%), and Philippines (Most Favoured Nation duty rate treatement, 5%).