2022
Exports
$547MWorld Rnk 56 / 160
Flag Rnk 154 / 1212
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$32BWorld Rnk 10 / 222
Flag Rnk 4 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $547M in Petroleum Gas, making it the 56th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 154th most exported product in India. The main destination of Petroleum Gas exports from India are: Nepal ($503M), Burma ($22.8M), Oman ($13.7M), Bhutan ($5.66M), and Malaysia ($606k).

The fastest growing export markets for Petroleum Gas of India between 2021 and 2022 were Nepal ($91.2M), Oman ($13.7M), and Bhutan ($270k).

Imports In 2022, India imported $32B in Petroleum Gas, becoming the 10th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 4th most imported product in India. India imports Petroleum Gas primarily from: Qatar ($12.6B), United Arab Emirates ($6.61B), Saudi Arabia ($2.96B), Kuwait ($2.2B), and United States ($1.49B).

The fastest growing import markets in Petroleum Gas for India between 2021 and 2022 were Qatar ($4.16B), United Arab Emirates ($1.75B), and Kuwait ($833M).

COMPANIES In 2023, leading companies such as Mystic Apparel (3) were at the forefront of shipping Petroleum Gas from India to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Gas. 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

Color
EXPORTS (2022)$547M
IMPORTS (2022)$32B
NET TRADE (2022)-$31.4B

In 2022, India exported $547M in Petroleum Gas. The main destinations of India exports on Petroleum Gas were Nepal ($503M), Burma ($22.8M), Oman ($13.7M), Bhutan ($5.66M), and Malaysia ($606k).

In 2022, India imported $32B in Petroleum Gas, mainly from Qatar ($12.6B), United Arab Emirates ($6.61B), Saudi Arabia ($2.96B), Kuwait ($2.2B), and United States ($1.49B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR India WERE (2021 - 2022):
Nepal$91.2M (22.1%)
Oman$13.7M (979k%)
Bhutan$270k (5.01%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY India WERE (2021 - 2022):
China-$18.6M (-100%)
Malaysia-$5.7M (-90.4%)
Mauritius-$5.01M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Petroleum Gas were:
In 2022, India's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALOman+ $4.82M
TOP IMPORT POTENTIALUnited States+ $1.86B

Petroleum Gas’s highest export potential is Oman. With an export gap of $4.82M.   Petroleum Gas’s highest import potential is United States with an import gap of $1.86B.

See methodology.

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