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Business Jul 01, 2025

India's refined petroleum exports recover in May 2025

India's refined petroleum exports bounced back big time in May 2025, jumping 39% after a slow April.
Refineries had just wrapped up maintenance and domestic demand had cooled off, letting exports hit 5.63 million tonnes—almost 7% higher than last year.

TL;DR

Diesel exports soared 81% from April

Diesel was the real game-changer here, with exports soaring 81% from April.
Aviation fuel, petrol, and fuel oil also saw solid boosts—likely helped by the summer travel season abroad driving up petrol demand.

Overall earnings dropped despite higher fuel exports

Even though India exported more fuel overall, earnings dropped to $3.3 billion (down from $3.8 billion last year) because global crude oil prices fell sharply.

Exports likely to keep climbing

With refinery upgrades finishing soon and more expansion at places like Visakhapatnam and Gujarat, India's set to ramp up production and imports even further in the second half of 2025—so export numbers could keep climbing.