- India’s motor fuel exports to Asia have increased threefold from August to November, reaching over 30% of total exports.
- Europe’s share of Indian motor fuel exports dropped from 20% to 8% during the same period.
- India’s motor fuel exports were valued at $6.09 billion in the first half of FY25, a 11.76% decline from the previous year.
- The shift in exports is partly due to slower European orders and reduced exports from China.
- The US, a leading exporter of motor fuel, is expected to increase exports under Trump’s presidency, potentially affecting India’s export opportunities.
- Europe’s imports of energy products decreased in early 2024, driven by lower consumption and increased renewable energy use.
