India's Petroleum Product Exports Down 10% in June

India's export of petroleum products in June declined by almost 10% to 1.19 million barrels per day (bpd), from 1.32 million bpd in May, according to data from global real-time data and analytics provider Kpler.

- Arunima Bharadwaj

On an year-on-year basis too, exports declined by 3.7% from 1.24 million barrels in June 2024.

UAE, Singapore, and Australia emerged as the top destinations for the country's petroleum products exports in June. Exports to the UAE rose to 115,944 bpd from 81,673 bpd in May, exports to Australia increased to 70,746 bpd from 50,500 bpd, and exports to Europe surged to 360,000 bpd, nearly doubling from 60,474 bpd. While flows to Singapore declined by 42% on-month, the overall export basket remained geographically diversified.