Fuel oil imported by India was US$ 912 million in 2011-12. It has shrunk by -14.69% to US$ 778 million during 2012-13 over 2011-12. Annual decline of -24.79% has been observed in import of fuel oil by India during 2016-17 from US$ 363 million during 2015-16. Import of fuel oil by India was US$ 536 million during 2017-18, up by 96.34% versus US$ 273 million during 2016-17.
We have seen annual de-growth of -29.27% in export of fuel oil by India from US$ 5,312 million during 2011-12 to US$ 3,757 million during 2012-13. Fuel oil exported by India was US$ 688 million in 2015-16. It has tanked by -15.26% during 2016-17 above 2015-16. Export of fuel oil by India was US$ 805 million during 2017-18, up by 38.08% against US$ 583 million during 2016-17.
The maximum value of US$ 942 million has been found in 2013-14 in import of fuel oil by India during the period under consideration. The maximum value of US$ 5,312 million has been seen in 2011-12 in export of fuel oil by India during the period under consideration.
Note: Data figures are in Million US$; P: Provisional; 1. Other imports include Paraffin Wax, Petroleum Jelly, LSWR, Aviation Gas, MTBE & Reformate; 2. Other exports include VGO, Benzene, MTO & Sulphur; Source: Petroleum Planning & Analysis Cell.
Resource Title: Import/Export of Crude Oil and Petroleum Products (in US$ Value Terms) from 2011-12 to 2017-18