Top Nations India Imports Oil From All Over World

 According to India Import Data, from 2019 to 2020, India imported oil worth $101.4 billion. India has a capacity of over 249.36 million tonnes per annum and is known as a key reining hub in Asia.

 

In February 2021, India shipped around 3.92 million barrels per day of oil. The data of India imports show India is the third-largest importer of oil and consumer in the world. India relies heavily on the Middle East to meet its requirement of crude oil and around 84% of India's crude oil imports are shipped from the Middle east.

 

India has the plans and 23 refineries to grow and optimize its refining capacity to 400 mtpa (Million Tonnes Per Annum) by 2025.

 

Iraq	867,500 BPD
United States	545,300 BPD
Nigeria	472,300 BPD
Saudi Arabia	445,200 BPD

 

Saudi Arabia slipped to number four in Feb 2021 for the first time since 2006 because this country has consistently been one of the top two oil suppliers for India.

 

Middles East	52.7%
Africa	15%
United States	14%

 

India’s Oil Import Policy

 

● After the Opec-plus decision to retain supply curbs the global prices of crude oil have increased.

 

● India has now started to look for an alternative to Opec as the domestic demand and the prices of diesel and petrol record highs.

 

● India is currently working on diversifying its energy basket with crude oil imports from Opec nations.

 

● With its shipment value of 2.89 million mt, Iraq has retained its position as the top supplier of crude oil in Feb 2021.

 

● To save its citizens from the rising prices of petroleum and diesel, India is now looking to Russia, its old energy partner country. In Feb 2020, India signed a contract with Russia for crude oil sourcing.

 

● The agreement was for two million metric tonnes of Urals grade supply to India and was signed by Rosneft and Indian Oil Corporation.

 

Top 15 Crude Oil Exports Country 

 

Country	Value in USD ($)	Share in %
Saudi Arabia	$113.7 Billion	17.2%
Russia	$72.6 Billion	11%
Iraq	$50.8 Billion	7.7%
United States	$50.3 Billion	7.6%
United Arab Emirates	$47.9 Billion	7.2%
Canada	$47.6 Billion	7.2%
Kuwait	$28.3 Billion	4.3%
Nigeria	$25.2 Billion	3.8%
Kazakhstan	$23.7 Billion	3.6%
Norway	$22.7 Billion	3.4%
Angola	$20.2 Billion	3.1%
Brazil	$19.6 Billion	3%
United Kingdom	$16.1 Billion	2.4%
Oman	$15 Billion	2.3%
Mexico	$14.9 Billion	2.2%

 

In 2020, these top 15 countries shipped 85.9% of total crude oil globally by value.

 

You can buy India export & import data 2020 to get access to Exim’s huge database and gain dynamic insights into the India import-export trade activities.

 

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Top Importer of India

1 INDIAN OIL CORPORATION LIMITED

2 BHARAT PETROLEUM CORPORATION LIMITED

3 RELIANCE INDUSTRIES LIMITED

4 HINDUSTAN PETROLEUM CORPORATION LIMITED

5 NAYARA ENERGY LIMITED

6 SAMSUNG INDIA ELECTRONICS PRIVATE LIMITED

7 CHENNAI PETROLEUM CORPORATION LIMITED

8 MANGALORE REFINERY & PETROCHEMICALS LIMITED

9 HPCL MITTAL ENERGY LIMITED

10 HDFC BANK LIMITED

11 OPPO MOBILES INDIA PRIVATE LIMITED

12 YES BANK LIMITED

13 MANGALORE REFINERY AND PETROCHEMICALS LIMITED

 

Importers	Value in USD %
INDIAN OIL CORPORATION LIMITED	6.7%
BHARAT PETROLEUM CORPORATION LIMITED	4.11%
RELIANCE INDUSTRIES LIMITED	3.15%
HINDUSTAN PETROLEUM CORPORATION LIMITED	2.35%
NAYARA ENERGY LIMITED	1.54%
SAMSUNG INDIA ELECTRONICS PRIVATE LIMITED	1.24%
CHENNAI PETROLEUM CORPORATION LIMITED	1.23%
MANGALORE REFINERY & PETROCHEMICALS LIMITED	1.13%
HPCL MITTAL ENERGY LIMITED	1.07%
HDFC BANK LIMITED	1.05%
OPPO MOBILES INDIA PRIVATE LIMITED	0.93%
YES BANK LIMITED	0.9%
MANGALORE REFINERY AND PETROCHEMICALS LIMITED	0.4%

Mexico Trade Statistics & Shipment Data 2021

 Exim Trade Data provides analytically designed and systematic analysis report-based import-export trade data on the global trade market to assist our clients and businesses in getting real-time marketing intelligence for any products or HS classification.

To meet the requirements of our clients in real-time we facilitate live search features on global import-export shipment trade data, according to our client’s requirements.

Our global trade database covers a wide range of facts, figures, and data that help you meet the potential challenges that your business faces in various decision-making processes and operations.

Mexico trade data shows that in 2019, it was the world’s 12th largest importer country, and the total import value of this country for the years 2019 and 2020 was worth around $495.91 billion and $407.76 billion respectively.

The custom data we provide contain every crucial detail and information that you require to take your business across international borders.

For the authenticity of the data and to make sure that we provide you with the most, genuine, reliable market reports and data, we collect raw data from various authorized sources of links such as Authorized Custom Departments, Trade Associations, Port Authorities, Shipping & Logistic Companies, and government bodies, etc.

What Products Does Mexico Import The Most?

According to the Mexico Import Data List, Organic chemicals: $7.5 billion (1.9%), Electrical machinery, equipment: US$82.9 billion (21.6% of total imports), Iron, steel: $8.8 billion (2.3%)

, Mineral fuels including oil: $25.1 billion (6.6%), Articles of iron or steel: $8.2 billion (2.1%), Aluminum: $5.9 billion (1.5%), Optical, technical, medical apparatus: $15.7 billion (4.1%), Machinery including computers: $65.9 billion (17.2%), Plastics, plastic articles: $21.9 billion (5.7%), Vehicles: $32.1 billion (8.4%) were the major import commodities of mexico in 2020.

Mexico’s Major Exported Products 2020

Market research reports and Mexico export data shows that Gems, precious metals: $8.15 billion (1.9%), Machinery including computers: $75.5 billion (18.1%), Mineral fuels including oil: $16.8 billion (4%), Electrical machinery, equipment: $75 billion (17.9%), Vegetables: $8.5 billion (2%), Beverages, spirits, vinegar: $8.11 billion (1.9%), Vehicles: US$100.7 billion (24.1% of total exports), Plastics, plastic articles: $9.1 billion (2.2%), Optical, technical, medical apparatus: $18.6 billion (4.4%) were the major export products of Mexico in 2020.

Exim Trade Data is one of the largest Mexico Export Data Provider companies across the globe. The customize import-export data that we provide helps you evaluate the overall supply chain of the global trade market.

Our marketing intelligence report assists you in your various crucial decision-making processes and several other essential business operations.

The data we provide is based on accurate facts & figures such as Invoices, Shipping Bills, Port Bills, and some other essential import-export trade documents required for trade across international borders.

The customs import-export trade data we provide is sourced and based on a collection of factual data. We use artificial intelligence technology and highly advanced tools developed by the field of experts and professionals to offer our clients a variety of solutions in various fields such as global business planning, business marketing, macro analysis, etc.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.