NEW DELHI: Europe became the top destination for India’s export of petroleum products such as petrol and diesel, supplying $18.4 billion worth of these products this fiscal, from April to January 2024.
According to the commerce ministry data, India exported refined petroleum product the most, $10.9 billion, to the Netherlands, followed by $5.7 billion to Singapore, $5.4 billion to the UAE, $5 billion to the USA, $3.5 billion to Australia, and $3.2 billion to South Africa for the same period.
Overall, India exported petroleum products worth $70.13 billion. In terms of crude oil imports, India received the largest quantity from Russia,…