India Petroleum Coke HS2713 Import Data 2025 May Overview

India Petroleum Coke (HS 2713) 2025 May Import: Key Takeaways

India’s Petroleum coke imports under HS Code 2713 in May 2025 reveal a market heavily reliant on IRAQ, which supplied 65.59% of shipments but at lower unit prices (1.35 USD/kg), indicating bulk-grade commodity coke. High-volume suppliers like IRAQ and IRAN contrast with premium partners like the US and Saudi Arabia, highlighting a dual-tiered supply chain. Importers face concentration risks, urging diversification to stabilize sourcing. This analysis, covering May 2025, is based on cleanly processed Customs data from the yTrade database.

India Petroleum Coke (HS 2713) 2025 May Import Background

What is HS Code 2713?

HS Code 2713 covers petroleum coke, petroleum bitumen, and other residues of petroleum oils or oils derived from bituminous minerals. These products are critical inputs for industries like cement, aluminum, and construction, where petroleum coke serves as a fuel source and bitumen is essential for road paving. Global demand remains stable due to their role in energy-intensive manufacturing and infrastructure development.

Current Context and Strategic Position

India’s import policy for petroleum coke (HS Code 2713) classifies petroleum bitumen (2713 20 00) and other residues (2713 90 00) as "Free" imports, with no restrictions as per the DGFT’s 2018 notification [TaxGuru]. Basic customs duties range from 5% to 10%, with an additional 18% IGST and 10% surcharge [Cybex]. India’s reliance on imports for petroleum coke (HS Code 2713) underscores its strategic importance in meeting industrial demand, necessitating close monitoring of trade policies and global supply trends in 2025.

India Petroleum Coke (HS 2713) 2025 May Import: Trend Summary

Key Observations

In May 2025, India's imports of Petroleum coke under HS Code 2713 reached 422.93 million USD in value and 267.19 million kg in volume, indicating active trade flows during this period.

Price and Volume Dynamics

The import value rose by approximately 6% month-over-month from April's 399.06 million USD, while volume fell by 22% to 267.19 million kg, suggesting higher unit prices. This price increase aligns with typical seasonal demand peaks in construction and industrial sectors, where Petroleum coke is crucial for cement and steel production, often driving import values up despite volume fluctuations. The overall trend from January to May shows volatility, with March seeing a peak, reflecting stock replenishment cycles ahead of summer construction activities.

External Context and Outlook

The stable import policy for Petroleum coke, with duties ranging from 5-10% as per [Cybex], has ensured uninterrupted supply, allowing market demand to dictate trends without regulatory disruptions. This policy backdrop, combined with steady industrial demand, supports a positive outlook for India Petroleum coke HS Code 2713 Import in 2025, though global oil price shifts may introduce further price volatility.

India Petroleum Coke (HS 2713) 2025 May Import: HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, the India Petroleum coke HS Code 2713 Import market in May 2025 is heavily concentrated in Petroleum bitumen (obtained from bituminous minerals), which dominates with nearly 45% of the import value and over 52% of the weight, despite a low unit price of 1.36 USD per kilogram, highlighting its role as a high-volume, low-value bulk commodity. An extreme price anomaly is isolated in calcined Petroleum coke, which has a unit price of 611.60 USD per kilogram, far exceeding other products.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two groups: bulk materials like Petroleum bitumen and residues with unit prices under 5 USD per kilogram, and uncalcined Petroleum coke with similar low prices. This structure indicates a trade in fungible bulk commodities, where products are largely undifferentiated and likely priced against global indices, with the anomalous calcined coke standing apart as a high-grade, processed variant.

Strategic Implication and Pricing Power

For India's import of Petroleum coke under HS Code 2713 in 2025, the bulk nature of most imports suggests limited pricing power for buyers, who must compete on volume and cost efficiency tied to commodity markets. The high-value calcined coke represents a strategic niche but with minimal volume impact. Import policies, as per [Cybex], allow free entry with duties, ensuring supply stability but adding to cost structures for all grades.

Check Detailed HS 2713 Breakdown

India Petroleum Coke (HS 2713) 2025 May Import: Market Concentration

Geographic Concentration and Dominant Role

In May 2025, India's import of Petroleum coke under HS Code 2713 was highly concentrated, with IRAQ dominating as the top supplier, accounting for 65.59% of import frequency and 39.02% of weight share. The value ratio (33.16%) is lower than the weight ratio (39.02%), indicating a lower unit price of approximately 1.35 USD/kg, which suggests IRAQ is primarily supplying lower-grade, bulk petroleum coke typical for commodity markets.

Partner Countries Clusters and Underlying Causes

The import patterns form two main clusters: first, high-volume suppliers like IRAQ, IRAN, and OMAN, which have substantial weight shares but moderate value ratios, likely due to their geographic proximity and role as sources of raw, unprocessed coke. Second, high-value partners like the UNITED STATES and SAUDI ARABIA show lower quantity but higher value ratios, pointing to possible supplies of higher-grade or calcined coke, driven by advanced refining capabilities. A third group, including VENEZUELA and KUWAIT, has minimal volume but significant value per shipment, possibly reflecting niche or specialized coke products.

Forward Strategy and Supply Chain Implications

For importers, the heavy reliance on IRAQ poses supply chain risks, such as price volatility or geopolitical disruptions, urging diversification to stable sources like the US or Saudi Arabia. The import policy for HS Code 2713 remains free with duties around 5-10% [Cybex], so players should focus on cost efficiency and logistics optimization for this bulk commodity. (Cybex)

Table: India Petroleum Coke (HS 2713) Top Partner Countries (Source: yTrade)

Get Complete Partner Countries Profile

India Petroleum Coke (HS 2713) 2025 May Import: Action Plan for Petroleum Coke Market Expansion

Strategic Supply Chain Overview

The India Petroleum coke Import market in May 2025 under HS Code 2713 is shaped by key price drivers. Quality and grade differences dominate, with bulk commodities like Petroleum bitumen at low prices and high-value calcined coke as a niche. Geopolitical risks from heavy reliance on IRAQ also influence costs. These factors lead to supply chain implications centered on supply security and cost-efficient processing. India must manage volatility and optimize bulk handling to sustain competitiveness.

Action Plan: Data-Driven Steps for Petroleum coke Market Execution

• Use trade data to diversify suppliers beyond IRAQ, targeting stable sources like the US or Saudi Arabia. This reduces geopolitical risks and ensures consistent supply.
• Analyze buyer frequency data to prioritize high-volume, regular clients for relationship building. This secures steady revenue and market stability.
• Monitor unit price trends for calcined coke to identify and capitalize on high-value opportunities. This unlocks niche profits without high volume commitments.
• Optimize logistics using weight and value ratios to streamline bulk shipments and reduce costs. This improves overall efficiency and margins.
• Stay updated on import duties and policies from DGFT to ensure compliance and avoid penalties. This maintains cost competitiveness and smooth operations.

Take Action Now —— Explore India Petroleum coke Import Data

Frequently Asked Questions

Q1. What is driving the recent changes in India Petroleum coke Import 2025 May?

The import value rose 6% month-over-month despite a 22% volume drop, reflecting higher unit prices due to seasonal demand peaks in construction and industrial sectors like cement and steel production.

Q2. Who are the main partner countries in this India Petroleum coke Import 2025 May?

IRAQ dominates with 65.59% of import frequency and 39.02% of weight share, followed by IRAN and OMAN as high-volume suppliers, while the US and Saudi Arabia supply higher-value grades.

Q3. Why does the unit price differ across India Petroleum coke Import 2025 May partner countries?

Price differences stem from product grades: bulk commodities like Petroleum bitumen average 1.36 USD/kg, while calcined coke (a processed variant) reaches 611.60 USD/kg, supplied by high-value partners like the US.

Q4. What should importers in India focus on when buying Petroleum coke?

Importers should prioritize cost efficiency and diversify suppliers (e.g., US/Saudi Arabia) to mitigate risks from over-reliance on Iraq, while maintaining relationships with high-volume buyers who drive 70% of trade.

Q5. What does this India Petroleum coke import pattern mean for overseas suppliers?

Suppliers of bulk coke (e.g., Iraq) benefit from stable demand but face price pressure, while high-grade exporters (e.g., US) can leverage niche opportunities despite lower volumes.

Q6. How is Petroleum coke typically used in this trade flow?

It serves as a key input for industrial sectors like cement and steel production, with bulk grades used for energy and processed variants (calcined coke) for specialized applications.