How to
Import 4t Oil to India

Are you here to know how you can import 4t Oil to India? Well, Connect2India gives you the complete understanding about how to import 4t Oil to India, from where to import 4t Oil, at what price 4t Oil should be imported and also the best 4t Oil exporters in the world.

4t Oil

Summary for the Indian 4t Oil import

In FY 2020-2021 (Apr-Nov), Around 6,894.22 USD million of 4t Oil is imported from India to Iraq. It is around 17.05% of the total import of 4t Oil.

  • The value of 4t Oil import from India in October 2020 is 5,445.88 USD million .
  • Major countries where 4t Oil was imported in October 2020 are Saudi Arabia(927.95), Iraq(904.49), United Arab Emirates(570.589), Nigeria(366.52), Malaysia(364.26).
S.no. Country Qty Value(USD Million) Month year
Saudi Arabia 15233340 927.95 October 2020
Iraq 3065000 904.49 October 2020
United Arab Emirates 92078470 570.589 October 2020
Nigeria 1054290 366.52 October 2020
Malaysia 411102060 364.26 October 2020
USA 114549260 299.85 October 2020
Kuwait 4906570 282.0 October 2020
Indonesia 325993820 274.23 October 2020
Argentina 253168900 209.53 October 2020
Venezuela 983380 183.3 October 2020
Qatar 17701580 114.0 October 2020
Ukraine 130194830 113.16 October 2020
Mexico 431750 75.61 October 2020
Brazil 11981850 74.13 October 2020
Oman 4898660 66.63 October 2020
Singapore 74157140 63.58 October 2020
Egypt 9295110 63.37 October 2020
Dem. People Rep. of Korea 203450 60.3 October 2020
Rep. of Korea 89842480 53.21 October 2020
Angola 128900 47.31 October 2020

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Import 4t Oil to India

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There are 148 distinct countries to import 4t Oil into India. Collectively India imported 40,428.32 USD Million of 4t Oil from those 148 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 26.02% than the 4t Oil imported into India the previous year. In 2017, countries exported around quantity of 4t Oil to India while in 2018, India’s 4t Oil import accounts to quantity from countries. This shows the rise of �% 4t Oil import in terms of quantity imported.

To import 4t Oil to India, the best countries according to Indian shipment records are Iraq, Saudi Arabia, United Arab Emirates, Nigeria, USA . Together they sold 40,428.32 USD Million worth value of 4t Oil to India.

Overall the import of 4t Oil into India fall of -1.12% since 2014 when 4t Oil import shipments into India were valued at 131272.676 USD Million. Year over year, the value of 4t Oil import from India up by 26.02% from 2017 to 2018.

The import reached an all time high of 131272.676 USD Million during the year 2014.

Among the countries from where 4t Oil is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their 4t Oil imports are Eritrea,French Polynesia and CHRISTMAS IS.

As an importer of 4t Oil, you should know the HS CODE of products at first.

Some HS Codes corresponding to 4t Oil are

S.No Product H.S Code
Oil seed, oleagic fruits, grain, seed, fruit, etc, ne 12
Oil seeds and oleaginous fruits nes 1207
Lard stearin, oleostearin and oils, natural tallow oil 1503
Fish, marine mammal fat or oil not chemically modifie 1504
Animal fat, oil, fractions not chemically modified ne 1506
Soya bean oil, fractions, not chemically modified 1507
Ground nut oil, fractions, not chemically modified 1508
Olive oil and its fractions, not chemically modified 1509
Olive oil, fractions, blends, not chemically modified 1510
Palm oil and its fractions, not chemically modified 1511

Use our HS CODE FINDER tool to search for the hs codes of products

Top Global Markets for import 4t Oil to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of 4t Oil
import 4t Oil to India from Iraq 46907870 6894.22
import 4t Oil to India from Saudi Arabia 145492230 6128.77
import 4t Oil to India from United Arab Emirates 536568710 4174.76
import 4t Oil to India from Nigeria 9481800 2602.62
import 4t Oil to India from USA 731471739 2585.14
import 4t Oil to India from Indonesia 3002343780 2098.26
import 4t Oil to India from Malaysia 1834135039 1699.699
import 4t Oil to India from Kuwait 42533210 1584.45
import 4t Oil to India from Argentina 1896138960 1433.17
import 4t Oil to India from Mexico 11307290 1079.33

Product wise trends to Import 4t Oil to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of 4t Oil
27090000 Petroleum oils and oils obtained from bituminous minerals crude 115109579 31218.16
15111000 Crude palm oil and its fractns 4948765000 3322.93
15071000 Soya bean crude oil w/n degummed 2485739120 1869.14
15121110 Crude sunflower-seed or safflower oil, for technical or industrial uses (excl. for manufacture of foodstuffs) 1482076960 1224.05
12019000 Soya beans, whether or not broken (excl. seed for sowing) 321008110 185.47
15079010 Soya-bean oil and its fractions, whether or not refined, for technical or industrial uses (excl. chemically modified, crude, and for production of foodstuffs) 117733140 142.44
27139000 Othr resdus of petrlm oils/of oils obtained from bituminous minerals 444880880 114.62
38112100 Prepared additives for oil lubricants containing petroleum oil or bituminous mineral oil 26956729 103.86
15159040 Crude fixed vegetable fats and oils and their fractions, for technical or industrial uses (excl. for production of foodstuffs, soya-bean, groundnut, olive, palm, sunflower-seed, safflower, cotton-seed, coconut, palm kernel, babassu, rape, colza and mustard, linseed, maize, castor, tung, sesame, jojoba, oiticica, myrtle, japan wax and tobacco-seed oil) 71580240 72.59
15119020 Refined blchd deodrsed palmolein 79537810 57.39

People Also Ask

Which country is the major exporter of 4t Oil to India?

Iraq, Saudi Arabia, United Arab Emirates, Nigeria, USA are the major exporters of 4t Oil to India.

Describe 4t Oil import industry in India?

4t Oil import industry in India is worth 40,428.32 USD Million in India in 2020-2021 (Apr-Nov). There are total of 148 countries from where India import’s quantity of 4t Oil.