India's imports of petroleum, crude oil, and its products were estimated to be over 15 trillion Indian rupees in the financial year 2025. These imports represented an increase compared to the previous year.
Petroleum imports in India
India is one of the largest oil importers and is highly dependent on imported crude oil. In fiscal year 2023, petroleum, oil, and petroleum products constituted around 30 percent of the major imports in India, and the import volume of petroleum products was estimated to be about 44 million metric tons. During the same period, the volume of crude oil imported into the country stood at around 232 million metric tons.
Global oil companies
India's substantial petroleum imports directly influence the nation's consumption patterns. The import volume reflects the critical role petroleum and its products play in meeting the country's energy demands. The consumption volume of petroleum products in the country amounted to around 223 million metric tons in fiscal year 2023.
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Reserve Bank of India. (September 1, 2025). Value of petroleum products imported into India from financial year 2011 to 2025 (in billion Indian rupees) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 25, 2026, from /statistics/625218/import-value-of-petroleum-india/
Reserve Bank of India. "Value of petroleum products imported into India from financial year 2011 to 2025 (in billion Indian rupees)." Chart. September 1, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 25, 2026. /statistics/625218/import-value-of-petroleum-india/
Reserve Bank of India. (2025). Value of petroleum products imported into India from financial year 2011 to 2025 (in billion Indian rupees). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 25, 2026. /statistics/625218/import-value-of-petroleum-india/
Reserve Bank of India. "Value of Petroleum Products Imported into India from Financial Year 2011 to 2025 (in Billion Indian Rupees)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 1 Sep 2025, /statistics/625218/import-value-of-petroleum-india/
Reserve Bank of India, Value of petroleum products imported into India from financial year 2011 to 2025 (in billion Indian rupees) ÌÇÐÄÆÆ½â°æ, /statistics/625218/import-value-of-petroleum-india/ (last visited July 25, 2026)
Value of petroleum products imported into India from financial year 2011 to 2025 (in billion Indian rupees) [Graph], Reserve Bank of India, September 1, 2025. [Online]. Available: /statistics/625218/import-value-of-petroleum-india/