NEWS DETAILS

Date: 04/06/2025

India’s petroleum products exports dip 

India’s exports of petroleum products declined by 12.5% in volume terms to 4.2 million tonnes in April, compared to 4.8 million tonnes in April 2024, according to the Petroleum Planning and Analysis Cell (PPAC). This was mainly attributed to a decrease in exports of high-speed diesel (HSD) and aviation turbine fuel (ATF). In value terms, too, the exports declined by almost 35% to $2.4 billion during the fiscal year compared with $3.7 billion in the same period a year ago. Imports of refined oil products also declined by 9% on-year to 3.9 million tonnes in April.  The import bill for these products was reduced by 14% to $1.8 billion. Imports made due to a deficit in production, like LPG and Lubes, accounted for 45.9% share of total petroleum products imported during April 2025 as compared to 43% during April 2024, as per a report.
 
source: Exim News Service: New Delhi, June 3