Sign inHS 271012
| Year | Direction | Value | Quantity | Net weight | How it was measured |
|---|---|---|---|---|---|
| 2024 | Imports | $2.1B | 3,182,199,292 kg | 3,182,199 t | Aggregated by UNSD · weight estimated |
| 2024 | Exports | $19.7B | 26,625,761,682 kg | 26,625,761 t | Aggregated by UNSD · weight estimated |
| 2023 | Exports | $25.3B | 31,902,059,951 kg | 31,902,059 t | Aggregated by UNSD · weight estimated |
| 2023 | Imports | $3.2B | Traded by value only | Not recorded | Aggregated by UNSD |
| 2022 | Imports | $2.7B | Traded by value only | Not recorded | Aggregated by UNSD |
| 2022 | Exports | $28.6B | 30,396,814,143 kg | 30,396,814 t | Aggregated by UNSD · weight estimated |
| 2021 | Imports | $1.8B | Traded by value only | 0 kg | Aggregated by UNSD · weight estimated |
| 2021 | Exports | $19.1B | 28,879,829,246 kg | 28,879,829 t | Aggregated by UNSD · weight estimated |
| 2020 | Imports | $1.1B | 2,554,162,961 kg | 2,554,162 t | Aggregated by UNSD · weight estimated |
| 2020 | Exports | $8.4B | 18,648,392,580 kg | 18,648,392 t | Aggregated by UNSD · weight estimated |
| 2019 | Imports | $1.7B | 2,845,036,995 kg | 2,845,036 t | Aggregated by UNSD · weight estimated |
| 2019 | Exports | $12.6B | 21,573,165,075 kg | 21,573,165 t | Aggregated by UNSD · weight estimated |
Source: UN Comtrade · https://comtradeapi.un.org. Figures are for all trading partners combined.
Nobody has published a domestic substitute for this commodity yet. Substitutes are curated, so an empty list means nothing has been recorded — not that no substitute exists.
Written by a language model over the score above. Advisory — it decides nothing and moves no figure.
A practical pathway to establishing domestic production for light petroleum oils and preparations (HS code 271012) in India, factoring in high import dependence and existing export capability with zero recorded domestic substitutes or suppliers. Step 1: Regulatory and Compliance Assessment: Initiate engagement with petroleum and environmental regulatory authorities in India to map out licensing requirements, safety standards, and environmental clearances necessary for handling light petroleum oils. Step 2: Feedstock and Supply Chain Sourcing: Secure reliable crude or intermediary feedstock supplies, leveraging India's existing high export capability in petroleum products to negotiate domestic input agreements. Step 3: Facility Engineering and Site Selection: Design the refining and blending processing units for light oils and preparations, factoring in hazardous material handling protocols and obtaining land. Step 4: Pilot Plant and Commercial Line Construction: Construct the first commercial processing line based on the scaled engineering design, unblocking initial batch testing and quality certification. Risks: High regulatory barriers and environmental compliance costs for petroleum processing Zero recorded domestic substitutes and zero matching suppliers creating immediate supply chain friction Capital intensity and market volatility associated with petroleum refining margins
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