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Who buys India’s refined petroleum products? Export destinations 2024

In 2024, India exported $48.6 billion of refined petroleum products (70.6 million tonnes), 5.7% of the world total. Its main destinations were the United Arab Emirates (14%), the Netherlands (8%) and Singapore (8%). India was the world’s 5th-largest exporter of refined petroleum products.

Summary

Value
$48.6billion
Tonnes
70.6million tonnes
Share of world total
5.7%
World rank
5th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United Arab Emirates6.8Tonnes: 9,622,828USD per tonne: $71014.1%Sea
Netherlands re-exports3.9Tonnes: 8,330,788USD per tonne: $4728.1%Sea
Singapore re-exports3.9Tonnes: 6,400,410USD per tonne: $6148.1%Sea
United States3.3Tonnes: 4,616,228USD per tonne: $7156.8%Sea
Australia3Tonnes: 4,786,943USD per tonne: $6176.1%Sea
South Africa2.3Tonnes: 3,584,985USD per tonne: $6554.8%Sea
Malaysia2.2Tonnes: 3,415,314USD per tonne: $6334.5%Sea
France2.1Tonnes: 2,685,590USD per tonne: $7994.4%Sea
United Kingdom1.9Tonnes: 2,324,384USD per tonne: $8063.9%Sea
Nepal1.5Tonnes: 1,837,140USD per tonne: $8353.2%Land
South Korea1.4Tonnes: 2,097,994USD per tonne: $6863%Sea
Oman1.3Tonnes: 1,740,035USD per tonne: $7462.7%Sea
Bangladesh1.3Tonnes: 1,773,018USD per tonne: $7252.6%Sea
China1.2Tonnes: 1,070,091USD per tonne: $1,1362.5%Sea
Tanzania1Tonnes: 1,673,863USD per tonne: $6192.1%Sea
Togo0.87Tonnes: 1,013,643USD per tonne: $8591.8%Sea
Turkey0.84Tonnes: 1,042,808USD per tonne: $8091.7%Sea
Indonesia0.74Tonnes: 976,897USD per tonne: $7561.5%Sea
Spain0.73Tonnes: 872,572USD per tonne: $8371.5%Sea
Italy0.61Tonnes: 769,615USD per tonne: $7981.3%Sea

Trend

Who it sells to

The United Arab Emirates has been its main destination since 2024

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

  • United Arab Emirates 6.8
  • Netherlands 3.9
  • Singapore 3.9
  • United States 3.3
  • Australia 3

Source: CEPII BACI

Show the numbers
Partner19952024
United Arab Emirates06.8
Netherlands03.9
Singapore0.023.9
United States0.053.3
Australia< 0.013

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.

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