Oil export

From Rigs To Engines: Top 7 Petroleum Products Fueling India's Oil Exports

Key Highlights:

  • A detailed outlook inside India’s booming oil export industry along with the top petroleum exporters & products driving the market. 

  • India’s top crude oil & petroleum product exporting states are Hyderabad, Jamnagar, Mangalore, Pune and Chennai. 

  • The HS Code for Liquefied Petroleum gas is 73110010. 

  • The top destinations for Indian diesel oil exports are Singapore, the USA, the Netherlands, the UAE and South Africa. 

When you hear of the top global oil-exporting countries, what pops into your mind? The UAE? Saudi Arabia? Maybe a few OPEC crude oil countries? Well, here's the twist: India. Often known for exporting textiles, spices and technology, the nation is growing into a key oil-exporting country today. Curious to know the top 7 petroleum products powering the country's oil exports? Read on to find out.

India's Growing Role in Global Oil Exports

While India may not be the first nation to think about when speaking about global oil exports, the country's oil and gas sector plays a major role in its economic growth. In fact, according to import-export data, the country's GDP in oil and gas is projected to rise to $8.6 trillion by 2040. That's indeed quite the fuel for growth.

But what differentiates India from pivotal oil-producing countries like Russia or Saudi Arabia? Well, while these nations produce mostly crude oil, India steps up the game with its value addition. In other words, India uses this raw, unfiltered crude oil to create high-demand petroleum products and ships them across global markets.

This strategic approach positions the nation as a bridge in the international energy supply chain, not just by re-exporting crude oil but also by exporting refined products for other uses.
 

Top 7 Petroleum Products Exported From India 2024-25

Product

Shipment Value (In $)

Diesel

$17,386,268,623.46

Motor Spirit (MS)

$8,136,206,887.99

Aviation Turbine Fuel

$5,329,886,886.25

Fuel Oil

$1,377,438,881.31

Naphtha

$196,294,539.62

Liquefied Petroleum Gas

$37,517,186.95

Kerosene

$2,002,981.57


The numbers behind India’s petroleum and oil exports reveal that it isn’t about pipelines and barrels anymore. It’s a bold strategy fueled by billions of dollars. Here’s a closer look at the top 7 products part of India’s oil export roster. 

1. High Speed Diesel

Starting with the heavy-weight products, India’s diesel oil export accounted for $17.38 billion in 2024-25. Fuelling several industrial and transportation sectors, India’s high-speed diesel refineries assure their buyers premium quality, especially across markets in Africa, Europe and Southeast Asia. Not to mention, while some countries spend most of their time refining their oil, India is already shipping out top-grade diesel to the global fleet.

2. Motor Spirit (MS)

Following right behind is Motor Spirit with $8.13 billion worth of oil exports in 2024-25. Often called petrol, motor spirit is what fuels everyday automobiles, from sedans to hatchbacks. 
Plus, India’s advanced refining capabilities help the nation to produce low-emission, high-quality petrol, making it a sustainable choice for regions with stringent environmental standards.

3. Aviation Turbine Fuel

So, we've covered high-speed vehicles and everyday automobiles. But what powers our flights? The answer to that: Aviation Turbine Fuel (ATF). India is also a leading ATF oil exporter, with exports accounting for $5.33 billion in 2024-25. From cargo jets to commercial airlines, this helps our planes soar across skies. 
What's more is that India's ATF oil exports serve to be an integral part of global supply chains, specifically in African, Middle Eastern and Southeast Asian regions.

4. Fuel Oil

In addition to the aforementioned products, India is also emerging to be a key player in the fuel oil export market. With fuel oil exports accounting for $1.38 billion, it is a critical component for marine vessels, power plants, boilers, furnaces and other types of manufacturing units across the globe.

5. Naphtha

Next up is naphtha. As a feedstock for fuel and other petrochemicals, India's naphtha exports totalled $196.29 million in 2024-25 to various markets, including South Korea, China and Singapore.

6. Liquefied Petroleum Gas

En route, our list of India’s top 7 petroleum oil exports is LPG. While the nation exported a slightly lower amount compared to other petroleum products, approximately $37.51 million, Liquefied Petroleum Gas still plays a critical role in fulfilling global energy demands. Whether it's used for cooking, heating or as a fuel for other industries, India's high-quality LPG caters to a diverse range of markets, especially regions in the Middle East, Asia and Africa.

7. Kerosene

Lastly, India’s top petroleum products and oil exports would be incomplete without Kerosene. With exports aggregating to $2 million, Kerosene still acts as a key energy source, especially in developing countries and regions to heat, cook and illuminate. It's even used in small-scale industrial processes.

The Road Ahead

Overall, it’s quite clear that India is a major contender for global petroleum products and crude oil exports. With its technology and manufacturing capabilities, the country is indeed powering global economies, one barrel at a time. While the journey isn’t complete, the nation is well equipped to handle the turbulences ahead.


Frequently Asked Questions (FAQs) 

1. Who is the world's largest oil producer? 
According to import-export data, the world's biggest oil producers are Saudi Arabia, the United States, Russia, Iraq and Canada. 

2. Which country is the largest exporter of oil? 
Based on the data of oil exports by country, Saudi Arabia ranks as the largest exporter of oil. 

3. Does India export crude oil? 
According to the data of crude oil exports by country, India does export crude oil. However, it stands as a major importer of crude oil. 


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