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India imports petrol from which countries? Top sources 2026

TradeInt banner showing India petrol imports under HS 2710 in Q1 2026, with South Korea, UAE, Russia, New Zealand and Singapore as top suppliers.

Key takeaways: Indian Petrol Import Data 2026

  • South Korea leads India petrol imports at US$237.13 million (21.96% share) in Q1 2026, followed by UAE (12.81%), Russia (11.41%), New Zealand (8.70%), and Singapore (7.49%) per TradeInt's India Import Data under HS 2710.
  • Light petroleum oils (HS 271012) dominate the petrol imports India mix from Russia and UAE (91.26% and 62.95% respectively), while medium and heavy oils (HS 271019) dominate South Korean and New Zealand flows, reflecting different supplier specialisations.
  • Reliance Industries leads the top Indian petrol imports India buyers at 19.89% share in Q1 2026, with HPCL Mittal Energy (8.02%), Savita Oil Technologies (7.51%), Apar Industries (5.55%), and Haldia Petrochemicals (4.68%) completing the top 5.

Which countries does India import petrol from in Q1/2026?

Powered by TradeInt's India Import Data under HS 2710, India mainly imports petrol from South Korea, valued at US$237.13 million (21.96% share), the UAE at US$138.32 million (12.81%), and Russia at US$123.28 million (11.41%) in Q1 2026.

Top 5 partner countries for India petroleum imports in Q1 2026:

  1. South Korea - US$237.13 million (21.96%): Largest single-country value share, anchored by medium and heavy refined fuel cuts shipped under long-distance refinery contracts.
  2. United Arab Emirates - US$138.32 million (12.81%): Closest Gulf supplier offering light petroleum oils (motor spirit, naphtha) alongside heavier distillate volumes from Fujairah and Jebel Ali terminals.
  3. Russia - US$123.28 million (11.41%): Discount-driven supplier of light refined products and processing feedstocks for Indian downstream petrochemical applications.
  4. New Zealand - US$94.01 million (8.70%): Non-OPEC partner shipping medium and heavy refined cuts almost exclusively to a single Indian conglomerate buyer.
  5. Singapore - US$80.92 million (7.49%): Regional storage and trading hub providing fast-turnaround spot-market refined cargoes via short-haul shipping lanes.
Top India Petrol Import Sources in Q1 2026
Rank Country Value (US$) Share % Economic Importance
1South Korea$237,131,71521.96%Major partner supplying high-quality refined distillates to balance regional fuel distribution networks.
2United Arab Emirates$138,321,66512.81%Crucial Middle Eastern supply anchor providing diverse petroleum blends and transit trade.
3Russia$123,276,82811.41%Fast-growing trade ally delivering cost-effective, bulk refined petroleum and processing feedstocks.
4New Zealand$94,011,0428.70%Growing non-OPEC trade partner expanding long-distance physical fuel corridors into India.
5Singapore$80,923,3647.49%Premier regional storage and trading hub securing immediate spot-market refined product shipments.
6United States$69,008,3756.39%Key transatlantic partner supplying high-grade light distillates for industrial industrial applications.
7Oman$57,302,3265.31%Dependable Gulf supplier reinforcing baseline fuel storage values through state trade contracts.
8Qatar$42,972,4243.98%Strategic energy partner balancing domestic energy processing lines with premium refined cuts.
9Malaysia$37,216,7583.45%Essential Southeast Asian exporter delivering specialized light oils to Indian coastal processors.
10Taiwan, China$36,508,7053.38%East Asian refining center supplying highly specific finished petroleum products to India.
Data Source: Official TradeInt India Import Data and Bill of Lading Database
Period: January-March 2026. HS Code Range: 2710
TradeInt logo ✔ India Import & Export Trade Data  ✔ Petrol Imports

🌐 India Is The World's #1 Petroleum Importer in 2025, Trade Insights From TradeInt

India ranks at the top of the global petroleum import rankings, with US$224.40 billion in 2025 (18.03% of the total tracked value), ahead of Mexico, Vietnam, and China. Based on TradeInt's verified global petroleum trade data, this article analyzes each country's petroleum import volume, value, and market performance in 2025.

Read more: Top Petroleum Importing Countries 2025

Top 1 - South Korea at US$237.13 million

From TradeInt's customs records, South Korea's petroleum exports to India in Q1 2026 are nearly entirely medium and heavy petroleum oils (HS 271019) at US$237.13 million (100.00%). Top HS codes for India petroleum imports from South Korea (Q1 2026):

  • HS 271019 - Medium and heavy petroleum oils: US$237.13 million (100.00%): Includes automotive diesel, gas oil, fuel oil, and base lubricants from South Korea's complex refining hubs.
Top India Petrol Imports from South Korea in Q1 2026
Rank 6-Digit HS code Value (US$) Share % Product Description
1271019$237,128,469100.00%Medium and heavy petroleum oils including automotive diesel, gas oil, and base lubricants.
Data Source: Official TradeInt India Import Data and Bill of Lading Database
Period: January-March 2026. HS Code Range: 2710

South Korea is one of Asia's largest refined petroleum exporters, and India remains a structural buyer of South Korean base oils and middle distillates. Fortune India reported in 2026 that India and South Korea agreed to deepen energy ties under their CEPA framework, including resilient supply chain commitments amid West Asia disruption.

Here are some market highlights shaping India-South Korea petroleum flows:

  • Base oil leadership: India remained the world's largest base oil importer in 2025, with volumes exceeding 3 million tonnes (+11% YoY) per Argus Media, with South Korea among the top supplying origins.
  • CEPA framework support: The Comprehensive Economic Partnership Agreement between India and South Korea continues to underpin steady refined product flows even during global supply shocks.
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HS 2710 splits into 271012 light oils, 271019 medium/heavy oils, and 271099 waste fractions. Each sub-code maps to a different refining stage. Filter top South Korean petroleum suppliers & Indian buyers from over 8 million Bill of Lading database.

Preview on TradeInt trade database: India's HS 2710 and sub-code historical import records

Top 2 - UAE at US$138.32 million

UAE's petroleum exports to India in Q1 2026 led with light petroleum oils (HS 271012) at US$87.08 million (62.95%), followed by medium and heavy petroleum oils (HS 271019) at US$51.24 million (37.04%), as captured in TradeInt's dataset.

Main India petroleum imports from the UAE (Q1 2026):

  • HS 271012 - Light petroleum oils: US$87.08 million (62.95%): Motor spirit (gasoline) and light naphtha formulations shipped from the UAE's refining and trading hubs.
  • HS 271019 - Medium and heavy petroleum oils: US$51.24 million (37.04%): Automotive diesel, gas oil, and base lubricants for Indian downstream distribution networks.
Top India Petrol Imports from UAE in Q1 2026
Rank 6-Digit HS code Value (US$) Share % Product Description
1271012$87,077,50462.95%Light petroleum oils and preparations including motor spirit, gasoline, and light naphtha formulations.
2271019$51,237,69337.04%Medium and heavy petroleum oils including automotive diesel, gas oil, and base lubricants.
Data Source: Official TradeInt India Import Data and Bill of Lading Database
Period: January-March 2026. HS Code Range: 2710

India was the UAE's biggest market for refined oil products in 2024, per the Energy Institute's Statistical Review of World Energy. ADNOC signed expanded energy supply agreements with Indian Strategic Petroleum Reserves Ltd and Indian Oil Corp during PM Modi's May 2026 UAE visit, deepening refined product cooperation.

A few notable patterns in the India-UAE petroleum trade:

  • Refined product anchor: UAE shipped 13.6 million tonnes of refined petroleum products to India in 2024 per Energy Institute data, making India the UAE's largest refined oil products market globally.
  • Hormuz bypass infrastructure: ADNOC's Fujairah terminal, located outside the Strait of Hormuz, gives India access to UAE petroleum cargoes without chokepoint transit risk.

Top 3 - Russia at US$123.28 million

Russia's petroleum supply to India in Q1 2026 ran predominantly through light petroleum oils (HS 271012) at US$112.50 million (91.26%), with medium and heavy petroleum oils (HS 271019) at US$10.77 million (8.74%) completing the mix, powered by TradeInt's India customs records.

Main India petroleum imports from Russia (Q1/2026):

  • HS 271012 - Light petroleum oils: US$112.50 million (91.26%): Motor spirit and naphtha-grade products serving Indian refining and petrochemical feedstock demand.
  • HS 271019 - Medium and heavy petroleum oils: US$10.77 million (8.74%): Diesel and gas oil products for industrial fuel distribution networks.
  • HS 271099 - Waste petroleum oils: Negligible recovered industrial petroleum residues.
Top India Petrol Imports from Russia in Q1 2026
Rank 6-Digit HS code Value (US$) Share % Product Description
1271012$112,499,66691.26%Light petroleum oils and preparations including motor spirit, gasoline, and light naphtha formulations.
2271019$10,774,7208.74%Medium and heavy petroleum oils including automotive diesel, gas oil, and base lubricants.
3271099$2,4420.00%Waste petroleum oils collected from industrial machinery, vehicles, or processing runoff streams.
Data Source: Official TradeInt India Import Data and Bill of Lading Database
Period: January-March 2026. HS Code Range: 2710

Russia continued to be a significant refined petroleum supplier to India through early 2026. Reuters reported in May 2026 that India declined some Russian LNG cargoes under sanctions while continuing talks on permitted refined product flows, reflecting the selective sourcing approach for Russian petroleum imports.

Three points worth noting about India-Russia petroleum flows:

  • Light-product concentration: Over 91% of Russian petrol value into India arrives as light oils, distinct from the diesel-heavy mix seen in South Korean and New Zealand flows.
  • Sanctions navigation: Indian state and private refiners actively differentiate between sanctioned and permitted Russian cargo types when sourcing refined products.
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🇮🇳 Reveal Russia Trade Snapshot on TradeInt

Russia's trade balance surplus stood at $139.3 billion in 2025, including the top products, which are mineral products, metal, and food products. TradeInt's Russia trade summary uncovers Russia's trade YoY growth trends, import & export sectors, and more.

Discover more: Russia's import-export trade statistics by HS code and year

Top 4 - New Zealand at US$94.01 million

New Zealand's petroleum exports to India in Q1 2026 are almost entirely medium and heavy petroleum oils (HS 271019) at US$93.92 million (99.90%), with light petroleum oils (HS 271012) contributing only US$92,730 (0.10%), according to TradeInt's India import insights.

Main India petroleum imports from New Zealand (Q1 2026):

  • HS 271019 - Medium and heavy petroleum oils: US$93.92 million (99.90%): Diesel, gas oil, and base lubricants shipped over long-haul Pacific routes to Indian buyers.
Top India Petrol Imports from New Zealand in Q1 2026
Rank 6-Digit HS code Value (US$) Share % Product Description
1271019$93,918,31299.90%Medium and heavy petroleum oils including automotive diesel, gas oil, and base lubricants.
Data Source: Official TradeInt India Import Data and Bill of Lading Database
Period: January-March 2026. HS Code Range: 2710

Top 5 - Singapore at US$80.92 million

From TradeInt's India-Singapore trade data monitor, Singapore's petroleum exports to India in Q1 2026 are anchored by medium and heavy petroleum oils (HS 271019) at US$79.87 million (98.69%), with light petroleum oils (HS 271012) at US$1.02 million (1.26%) and waste petroleum oils completing the mix.

Main India petroleum imports from Singapore (Q1 2026):

  • HS 271019 - Medium and heavy petroleum oils: US$79.87 million (98.69%): Diesel, gas oil, and base lubricants moving through Singapore's storage and trading terminals.
  • HS 271012 - Light petroleum oils: US$1.02 million (1.26%): Motor spirit and naphtha cuts in smaller short-haul cargo lots.
Top India Petrol Imports from Singapore in Q1 2026
Rank 6-Digit HS code Value (US$) Share % Product Description
1271019$79,867,23898.69%Medium and heavy petroleum oils including automotive diesel, gas oil, and base lubricants.
2271012$1,017,4441.26%Light petroleum oils and preparations including motor spirit, gasoline, and light naphtha formulations.
Data Source: Official TradeInt India Import Data and Bill of Lading Database
Period: January-March 2026. HS Code Range: 2710

Singapore acts as Asia's premier petroleum storage and trading hub, providing Indian buyers with spot-market access to cargoes originating from multiple upstream refineries. The Diplomat reported in March 2026 that Singapore and Australia agreed to keep oil and gas flowing amid the global supply crisis, reinforcing Singapore's role as a regional supply stability anchor.

Worth highlighting in the India-Singapore petroleum trade:

  • Storage hub function: Singapore cargoes reaching India often originate from other refining centres, with Singapore providing the blending, storage, and re-export layer that enables short-cycle spot procurement.
  • Supply stability anchor: Singapore's commitments under regional energy stability frameworks make it a reliable short-haul backup origin during Middle East supply disruption.

India petrol imports market trends (2025 - 2026)

From Q1 2025 to Q1 2026, India's petroleum imports under HS 2710 declined sharply. The Q1 2025 value of US$1.95 billion has fallen by an average of 44.6% to Q1 2026's US$1.08 billion, down by approximately US$870 million, as analyzed by TradeInt's market monitor.

cross full-year 2025, India's HS 2710 petroleum imports totalled US$8.70 billion, with quarterly performance peaking in Q3 2025 at US$2.68 billion (+17.40% QoQ) before contracting sharply through Q4 2025 (-33.90%) and Q1 2026 (-39.20%). The trajectory reflects a structural shift in India's petrol imports by country dynamics, with reduced reliance on imported finished fuels.

India Petrol Imports QoQ Analysis 2025-2026
Timeline Value (US$) QoQ % Change Description
Q1 2025$1,950,108,182-10.50%Value and shipment numbers contracted due to a slower February trading period.
Q2 2025$2,286,324,29417.20%Solid value expansion driven by exceptional trading metrics in April and May.
Q3 2025$2,683,863,14617.40%Peak revenue quarter highlighted by a massive surge in September trade values.
Q4 2025$1,774,890,567-33.90%Significant contraction as trade value declined sharply across all three late-year months.
Q1 2026$1,079,979,549-39.20%Pronounced drop down due to anomalous near-zero trade recorded during March 2026.
Data Source: Official TradeInt India Import Data and Bill of Lading Database
Period: January-December 2025, January-March 2026. HS Code Range: 2710

The QoQ pattern through 2025-2026 reflects three overlapping forces. First, the Petroleum Planning and Analysis Cell (PPAC) under India's Ministry of Petroleum reports that India sources crude from approximately 40 countries to feed its domestic refining capacity, gradually reducing dependence on imported refined products.

Second, Argus Media reported that India's base oil imports rose to a five-month high in February 2026, indicating continued demand for specialty refined products even as broader fuel imports declined.

Third, India's domestic refining capacity continues to expand. The IEA's India oil profile notes that India remains the world's third-largest crude oil consumer, with expanding domestic refining processing both imported crude and a smaller portion of imported refined products.

Who are the largest Indian petroleum buyers in Q1/2026?

The top 5 Indian petroleum buyers in Q1 2026 are led by Reliance Industries Limited at 19.89% share (sourcing primarily from New Zealand), followed by HPCL Mittal Energy Limited at 8.02% (Iraq-anchored) and Savita Oil Technologies Limited at 7.51% (South Korea), per TradeInt's customs records.

Top 5 leading Indian petroleum buyers (Q1 2026):

  1. RELIANCE INDUSTRIES LIMITED (19.89%): Sources almost exclusively from New Zealand, anchoring the largest buyer share through the Jamnagar refinery complex.
  2. HPCL MITTAL ENERGY LIMITED (8.02%): Imports primarily from Iraq, channeling refined products to the Guru Gobind Singh refinery complex in Punjab.
  3. SAVITA OIL TECHNOLOGIES LIMITED (7.51%): South Korea-anchored procurement of specialty oils for transformer and lubricant manufacturing.
  4. APAR INDUSTRIES LIMITED (5.55%): Second South Korean-sourced buyer focused on engineering oils for industrial polymer and cable applications.
  5. HALDIA PETROCHEMICALS LIMITED (4.68%): Sources UAE petroleum naphtha as primary feedstock for downstream petrochemical manufacturing.
Top India Petrol Buyers in Q1 2026
Rank Company Name Country of Origin Value (US$) Share % Company Description
1RELIANCE INDUSTRIES LIMITEDNew ZealandUnlock India Trade Data19.89%India's largest private conglomerate operating massive complex export-oriented refining centers.
2HPCL MITTAL ENERGY LIMITEDIraq8.02%Public-private refining venture managing the strategic Guru Gobind Singh refinery complex.
3SAVITA OIL TECHNOLOGIES LIMITEDSouth Korea7.51%Leading domestic manufacturer specializing in petroleum specialties, transformer oils, and lubricants.
4APAR INDUSTRIES LIMITEDSouth Korea5.55%Major global manufacturer producing specialized value-added engineering oils, polymers, and lubricants.
5HALDIA PETROCHEMICALS LIMITEDUnited Arab Emirates4.68%Dominant industrial downstream chemical player utilizing petroleum naphtha for large-scale plastics manufacturing.
Data Source: Official TradeInt India Import Data and Bill of Lading Database
Period: January-March 2026. HS Code Range: 2710
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⛽ Reveal Past Indian Petroleum Exporters and Shipments on TradeInt

South Korean refineries, ADNOC's Fujairah terminals, Russian merchant vessels, and Singapore trading desks all feed India's HS 2710 import basket. Identify the exporters, dates, and ports behind each shipment lane.

Explore TradeIn trade record database: India's petroleum trade records search by product

Conclusion

India imports petrol from which countries?

India's petroleum import market in Q1 2026 reached US$1.08 billion under HS 2710, with the top 3 origins supplying 46.18% of the total value: South Korea (US$237.13M, 21.96%), UAE (US$138.32M, 12.81%), and Russia (US$123.28M, 11.41%).

South Korea leads through long-distance refined cuts, the UAE anchors the Gulf gasoline corridor, and Russia channels discounted light products into Indian downstream applications. Reliance Industries continues to dominate the petrol imports India buyer side at 19.89% share, with HPCL Mittal Energy and three smaller specialty manufacturers rounding out the top 5 Indian petroleum buyers.

Request & download TradeInt's India data samples with past top HS Code, verified exporters/importers and detailed trade records.

Frequently asked questions

How much petroleum does India import?

India imported approximately US$1.08 billion of petroleum products in Q1 2026 under HS 2710, analyzed by TradeInt's market monitor, with full-year 2025 totalling US$8.70 billion. Beyond HS 2710 refined products, India ranked as the world's #1 petroleum importer overall at US$224.40 billion in 2025 (18.03% of global tracked value).

What petroleum products does India import?

India imports three main categories under HS 2710: light petroleum oils (HS 271012) including motor spirit, gasoline, and naphtha (dominant in UAE and Russia flows); medium and heavy petroleum oils (HS 271019) including automotive diesel, gas oil, and base lubricants (dominant in South Korean, New Zealand, and Singapore flows); and waste petroleum oils (HS 271099) for specialty reprocessing.

Other relevant articles about energy & fuel imports in India

  1. India imports coal from which countries? Top partners
  2. India imports crude oil from which countries in Q1 2026?
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You have the ability to accept or decline cookies by modifying the setting in your browser. If you would like to do this, please see the help menu of your browser. However, you may not be able to use all the interactive features of our Website if cookies are disabled.
 
4. How we use your personal data
We may use your personal data that we possess for the following purposes:
(a) to process, administer and/or manage your Member account with us and contact you as may from time to time be necessary in connection with your use of our Website and/or the Services made available on it;
(b) to contact you through the contact information provided by you in order to provide you with information that you request from us;
(c) to manage and administer your use of our Website and contact you as may from time to time be necessary in connection with your use of our Website;
(d) To collect information relating to your online interactions with us (including, for example, your IP address and the pages you view) so that we can offer you a more consistent and personalized experience in your relationship with us and better serve your needs by customizing the content that we share with you;
(e) to store, host and/or back up (whether for disaster recovery or otherwise) your personal data, whether within or outside Singapore;
(f) for record-keeping purposes;
(g) to conduct research, analysis and development activities (including but not limited to data analytics, surveys and/or profiling) to improve our Website, services and facilities in order to enhance the services we provide to you, where you have consented to be contacted for such purposes;
(h) to perform credit risk, know-your-customer, anti-money laundering / countering the financing of terrorism, financial and other relevant risk assessments and checks on you;
(i) to responding to legal process, pursuing legal rights and remedies, defending litigation and managing any complaints or claims;
(j) to respond to requests for information from public and governmental / regulatory authorities, statutory boards, related companies and for audit, compliance, investigation and inspection purposes;(k) to comply with any applicable law, regulation, legal process or government request;
(l) to enforce or apply our Terms of Use and [insert name of Platform Agreement]; or
(m) to protect the rights, property or safety of any person (including for the purposes of fraud detection and prevention).
 
5. Disclosure of your information
Your personal data may be used, disclosed, maintained, accessed, processed and/or transferred to the following third parties, whether sited in Singapore or outside of Singapore (including the People’s Republic of China), for one or more of the purposes set out above:
(a) our headquarters, subsidiaries and group companies;
(b) third party service providers which require the processing of your data, for example, third party service providers which have been engaged by us to: (i) to provide and maintain any IT equipment used to store and access your personal information; (ii) to host and maintain our Website; or 
(iii) otherwise in connection with the provision of certain services provided to you on or via our Website;
(c) our auditors and legal advisors;
(d) public and governmental/regulatory authorities, statutory boards, industry associations; and /or
(e) courts and other alternative dispute forums.
In certain circumstances we may provide third parties (whether or not located in Singapore) with aggregate information about our Website’s users. This may include information about your computer, including where available your IP address, operating system and browser type, for system administration and to report aggregate information to our advertisers. This is anonymized statistical data about our users’ browsing actions and patterns, and does not identify any individual. If we are under a duty to disclose or share your personal data in order to comply with any legal obligation, or in order to enforce or apply our Website Terms of Use; or to protect the rights, property, or safety of any person (including for example for the purposes of fraud detection and prevention). Please rest assured that we never sell or rent your personal data.
 
6. Transfer of your personal data outside of Singapore
The personal data that we collect from you may be transferred to, used, processed and stored outside of Singapore for one or more of the purposes set out above. By submitting your personal data and/or using our Website, you agree and consent to such transfer, storing or processing.
We have entered into contractual undertakings to ensure that the personal data which we collect from you and transfer to our service providers (whether or not located in Singapore) is adequately protected.
We will take reasonable steps to maintain appropriate physical, technical and administrative security to help prevent loss, misuse, unauthorized access, disclosure or modification of your personal information.
 
7. Updating your information
Where you submit your personal data on our Website, you should try to ensure such personal data is accurate, and let us know if such personal data changes so that we are not holding any inaccurate personal data about you.
 
8. Your rights
You may withdraw your consent for us to collect, use, disclose and/or process your personal data for some or all of the purposes listed in this Privacy Policy.
You may request to access and/or correct the personal data currently in our possession by writing to the Data Protection Officer using the contact details provided below. Please note that we may charge you a reasonable fee for the handling and processing of your requests to access your personal data.
 
9. Changes to this Privacy Policy
We reserve the right to amend the terms of this Privacy Policy at our absolute discretion. Any amended privacy policy will be posted on our Website. You are expected to check this page from time to time to take notice of any changes we have made as they are binding on you. Your continued use of our Website and/or the services made available on or via our Website following any amendment of this Privacy Policy will signify your assent to and acceptance of its revised terms.
 
10. Further information about protection of personal data and the Singapore Personal Data Protection Act 2012
If you want to contact us with specific queries or concerns in relation to this Privacy Policy, or if you have any questions or complaints as to how your personal data is collected, used, disclosed and/or processed by us, please contact our Data Protection Officer at [email protected].