In 2022, the United States of America, India, the Netherlands, Russia, and Singapore, the top five largest exporters of refined petroleum oils, jointly contributed nearly 40% (39.8%) of the total global value of exported refined petroleum oils.

In 2022, India exported $86.2B in Refined Petroleum, making it the 2nd largest exporter in the world. At the same year, Refined Petroleum was the 1st most exported product in India. The main destination of Refined Petroleum exports from India are: Netherlands ($9.45B), United Arab Emirates ($7.98B), United States ($4.87B), Togo ($4.82B), and Singapore ($4.69B).

The fastest growing export markets for Refined Petroleum of India between 2021 and 2022 were Netherlands ($6.53B), United Arab Emirates ($3.52B), and Togo ($2.44B).

India’s Export Of Refined Petroleum

United Arab Emirates imports Refined Petroleum primarily from: India ($7.98B), Saudi Arabia ($2.76B), Iraq ($2.26B), Kuwait ($1.68B), and Pakistan ($1.07B).

Top 3 Product Categories of Refined petroleum Imports in United Arab Emirates are

• HSN Code 84194010: distilling or rectifying plant: for petroleum refining
• HSN Code 2710195101: 2710195101
• HSN Code 2710192100: 2710192100

Top 3 Product Categories of Refined petroleum Imports in Nepal are

• HSN Code 27101990 
• HSN Code 27101950 
• HSN Code 27101951 : 27101951

Several examples of refined petroleum products and their properties include

1. Gasoline

Gasoline, a lightweight material that flows easily, spreads quickly, and may evaporate completely in a few hours under temperate conditions. It poses a risk of fire and explosion because of its high volatility and flammability, and is more toxic than crude oil. Gasoline is amenable to biodegradation, but the use of dispersants is not appropriate unless the vapors pose a significant human health or safety hazard.

2. Kerosene

Kerosene, a lightweight material that flows easily, spreads rapidly, and evaporates quickly. It is easily dispersed, but is also relatively persistent in the environment.

3. Fuel Oil

Fuel Oil, a lightweight material that flows easily, spreads quickly, and is easily dispersed. This fuel oil is neither volatile nor likely to form emulsions, and is relatively non-persistent in the environment.

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4. Fuel Oil (Bunker A)

Fuel Oil (Bunker A), a medium-weight material that flows easily, and is easily dispersed if treated promptly. This fuel oil has a low volatility and moderate flash point, and is fairly persistent in the environment.

5. Fuel Oil (Bunker B)

Fuel Oil (Bunker B), a medium-weight to heavyweight material with a low volatility and moderate flash point. Preheating may be necessary in cold climates, and this fuel oil is difficult, if not impossible, to disperse.

6. Fuel Oil (Bunker C)

Fuel Oil (Bunker C), a heavyweight material that is difficult to pump and requires preheating for use. This fuel oil may be heavier than water, is not likely to dissolve, is difficult or impossible to disperse, and is likely to form tar balls, lumps, and emulsions. It has a low volatility and moderate flash point.

7. Lubricating Oil

Lubricating Oil, a medium-weight material that flows easily and is easily dispersed if treated promptly. This oil has a low volatility and moderate flash point, but is fairly persistent in the environment.

Countries Importing From India

• TURKMENISTAN              
• NETHERLANDS 
• SINGAPORE
• UNITED STATES
• UNITED ARAB EMIRATES              
• TANZANIA          
• NEPAL  
• TOGO   
• AUSTRALIA        
• FRANCE