Import Crude Oil from Saudi Arabia to India

Mineral fuels are the largest import line from Saudi Arabia by far in the data, and crude oil is heading 2709. Large crude imports are done by refiners, but any importer needs an IEC and follows the same customs steps.

Official sources checked: 2 Oct 2026

In FY 2025-26, India's imports from Saudi Arabia of crude petroleum oil (HS 2709) were US$ 19,524.4 million, which is 14.5% of India's total imports of the same products (US$ 1,34,716.8 million), according to TradeStat.

How much does India import? FY 2025-26

Product	2024-25 (US$ million)	2025-26 (US$ million)	Change	All countries, 2025-26 (US$ million)	Share from Saudi Arabia
HS 2709	20,094.2	19,524.4	-2.8%	1,34,716.8	14.5%

Trade values are in US$ million for the financial year 2025-26 (April 2025 to March 2026), as published by TradeStat, Department of Commerce (data from DGCI&S) and fetched on 2026-10-02. They can be revised later. Shares and changes are calculated from those figures. Year-on-year change compares 2025-26 with 2024-25.

India-side licences and registrations for crude oil

Licence	Issued by	Main official fee
IEC code (Importer Exporter Code)	DGFT, Ministry of Commerce	₹500Checked on official page Source
DGFT import export licence	DGFT, Ministry of Commerce	₹1,000Checked on official page Source

Fees and rules change and can differ between offices. Confirm the fee on the official portal before you pay. Amounts marked To confirm could not be checked on an official page.

Policy check

Crude oil (2709) is not in DGFT's 2019 lists of restricted or prohibited imports that we read. DGFT's export policy names crude oil as an STE item for exports through Indian Oil Corporation, which applies only to export.

DGFT's lists we read: restricted imports (2019), prohibited imports (2019), export schedule (2021). Current policy: DGFT policy search. HS chapter details: Chapter 27: Mineral fuels and oils.

Trade agreement and certificate of origin

No bilateral trade agreement in DGFT's list. DGFT's Appendix 2A and the Handbook of Procedures list no free trade or preferential agreement with Saudi Arabia.

Without a preferential agreement, exporters use the non-preferential certificate of origin (₹200) when the buyer or the Saudi side asks for it.

DGFT Appendix 2A: list of Free Trade Agreements and Preferential Trade Agreements DGFT Handbook of Procedures, Chapter 2 (July 2026 edition)

Steps for this route

Get your IEC from DGFT (IEC guide). Fee ₹500.
Register on ICEGATE and register your bank's AD code (AD code guide).
Check the current import policy for your code on DGFT's search page.
Check storage, safety and environment rules that apply to petroleum under other Indian laws.
File the Bill of Entry on ICEGATE through your customs broker.
File the Bill of Entry on ICEGATE, pay customs duty and IGST, and clear the goods (import guide).

Common questions

Do I need a licence to import crude oil?

Crude oil is not named in DGFT's 2019 restricted or prohibited import lists that we read. Check the current policy for your code.

What documents are needed?

Bill of Lading or airway bill, commercial invoice cum packing list and the Bill of Entry, which DGFT's customs guide lists as the mandatory documents.

Is there a trade agreement with Saudi Arabia?

DGFT's list does not include Saudi Arabia.

What duty applies?

Basic customs duty, any goods-specific duty and IGST under the Customs Tariff Act, 1975 and the IGST Act, according to DGFT's customs guide.

Is Govt License a government website?

No. Govt License is an independent guide. We link to the official government portals where you apply and pay. Always confirm the fee on the portal before paying.

Saudi Arabia trade page Chapter-by-chapter guide IEC code (Importer Exporter Code) DGFT import export licence Import guide