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Petroleum products exports rise 2% in April-December

Financial Express Kochi

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January 20, 2025

INDIA'S EXPORTS OF petroleum products grew marginally by 1.5% to 47.5 million tonne during April-December, compared to 46.8 million tonne in the same period last fiscal, according to data from the Petroleum Planning and Analysis Cell.

- ARUNIMA BHARADWAJ

The rise in exports was primarily driven by increased shipments of motor spirit, petcoke/CBFS and fuel oil.

In December 2024, however, petroleum product exports declined to 5.4 million tonne from 5.8 million tonne in December 2023.

Imports of refined oil products increased by 7% to 38.5 million tonne during April-December 2024, compared to 36 million tonne in the same period last fiscal. The import bill for these products also rose to $18.2 billion, up from $17.1 billion in the same period of previous fiscal.

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