globaltraffic.earth

Where does India get its crude oil? Import sources 2024

In 2024, India imported $141.6 billion of crude oil (242.1 million tonnes), 10.8% of the world total. Its main sources were Russia (37%), Iraq (20%) and Saudi Arabia (14%). India was the world’s 3rd-largest importer of crude oil.

Summary

Value
$141.6billion
Tonnes
242.1million tonnes
Share of world total
10.8%
World rank
3rd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Russia52.7Tonnes: 92,008,859USD per tonne: $57337.2%Sea
Iraq28.1Tonnes: 50,090,900USD per tonne: $56119.9%Sea
Saudi Arabia19.6Tonnes: 31,723,400USD per tonne: $61813.9%Sea
United Arab Emirates13.5Tonnes: 21,250,800USD per tonne: $6339.5%Sea
United States4.1Tonnes: 7,512,561USD per tonne: $5512.9%Sea
Nigeria4.1Tonnes: 6,385,126USD per tonne: $6482.9%Sea
Angola3.5Tonnes: 4,784,411USD per tonne: $7342.5%Sea
Kuwait3.1Tonnes: 5,251,690USD per tonne: $5882.2%Sea
Venezuela1.8Tonnes: 3,729,060USD per tonne: $4721.2%Sea
Colombia1.7Tonnes: 3,624,947USD per tonne: $4701.2%Sea
Mexico1.7Tonnes: 3,249,944USD per tonne: $5151.2%Sea
Brazil1.1Tonnes: 2,439,501USD per tonne: $4610.79%Sea
Qatar0.93Tonnes: 1,417,770USD per tonne: $6590.66%Sea
Algeria0.83Tonnes: 1,199,000USD per tonne: $6950.59%Sea
Azerbaijan0.73Tonnes: 1,165,170USD per tonne: $6270.52%Sea
Canada0.71Tonnes: 867,579USD per tonne: $8130.5%Sea
Turkey0.61Tonnes: 913,671USD per tonne: $6700.43%Sea
Malaysia0.57Tonnes: 843,380USD per tonne: $6800.41%Sea
Oman0.57Tonnes: 961,147USD per tonne: $5950.4%Sea
Democratic Republic of the Congo0.31Tonnes: 510,710USD per tonne: $6130.22%Sea

Trend

Who it buys from

Russia has been its main source since 2023

Value in USD billions. The five largest sources in 2024.

  • Russia 52.7
  • Iraq 28.1
  • Saudi Arabia 19.6
  • United Arab Emirates 13.5
  • United States 4.1

Source: CEPII BACI

Show the numbers
Partner19952024
Russia052.7
Iraq028.1
Saudi Arabia0.8619.6
United Arab Emirates0.6713.5
United States04.1

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

See all products