India Petroleum Coke Import Market -- HS 2713 Trade Data & Price Trend (Q1 2025)

India Petroleum Coke Import (HS 2713) Key Takeaways

India's petroleum coke imports under HS Code 2713 surged in Q1 2025, with March alone driving 36% of the quarter’s $1.33 billion value, signaling strong industrial demand. The market is dominated by low-value bulk bitumen (27132000), accounting for over half of imports, while niche-grade cokes offer limited pricing power. Supplier concentration is high, with top traders handling 64% of value and 76% of shipments, creating supply chain vulnerabilities. Geographically, Iraq and the UAE lead with 50% combined volume share, but reliance on the Middle East exposes risks to regional disruptions. This analysis covers Q1 2025 and is based on cleanly processed Customs data from the yTrade database.

India Petroleum Coke Import (HS 2713) Background

What is HS Code 2713?

HS Code 2713 covers Petroleum coke, petroleum bitumen, and other residues of petroleum oils or of oils obtained from bituminous minerals. These products are critical inputs for industries like cement, aluminum, and construction, where petroleum coke serves as a fuel or raw material, 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 HS Code 2713 in Q1 2025 maintains a ‘Free’ classification for petroleum bitumen (2713 20 00) and other residues (2713 90 00), allowing unrestricted imports [TaxGuru]. Petroleum coke (2713 11 00/2713 12 00) faces a ~10% basic customs duty, with additional levies as per 2025 tariff updates [Seair Exim]. India’s reliance on imports—particularly from Oman, the U.S., and Saudi Arabia—highlights its strategic need to secure these materials for industrial growth. Monitoring India’s petroleum coke import trends under HS Code 2713 trade data is vital to anticipate supply chain shifts or policy adjustments.

India Petroleum Coke Import (HS 2713) Price Trend

Key Observations

India's petroleum coke imports under HS code 2713 opened 2025 with a strong first quarter, reaching a total value of $1.33 billion. This performance was driven by a notable surge in March, which accounted for over 36% of the quarter’s total import value.

Price and Volume Dynamics

The India Petroleum coke Import trend showed clear sequential momentum through Q1. After a subdued February, March imports jumped 18% month-on-month to $482.34 million, signaling a rebound in industrial demand. This pattern aligns with typical post-winter inventory rebuilding cycles, as cement and aluminum producers—key consumers of petroleum coke—ramp up operations ahead of peak construction seasons. The hs code 2713 value trend reflects this recovery, with March’s figure marking the highest monthly import value since the start of the year.

External Context and Outlook

The steady growth in imports occurred against a backdrop of stable trade policy. India’s import regime for petroleum coke and bitumen residues remains open, with petroleum bitumen (2713 20 00) classified under a ‘Free’ import policy as reinstated by the [DGFT], and basic customs duty for petroleum coke holding around 5-10% (EximGuru). This policy consistency—coupled with active shipments from key suppliers like Oman and the U.S.—supports ongoing import flows. Looking ahead, demand is expected to hold firm, though global energy price shifts and domestic industrial activity will influence near-term order levels.

India Petroleum Coke Import (HS 2713) HS Code Breakdown

Product Specialization and Concentration

In Q1 2025, India's import market under HS Code 2713 is dominated by petroleum bitumen, specifically under sub-code 27132000, which accounts for over half of the total import value and nearly all of the quantity, according to yTrade data. This product, described as petroleum bitumen obtained from bituminous minerals, has a low unit price of $2.59 per kilogram, indicating a high-volume, low-value specialization typical of bulk commodities. An extreme price anomaly is present in calcined petroleum coke under sub-code 27131290, with a unit price of $62.90 per kilogram, which is isolated from the main analysis due to its outlier nature.

Value-Chain Structure and Grade Analysis

The remaining imports under India HS Code 2713 Import can be grouped into three categories based on grade and processing stage: non-calcined petroleum coke (sub-codes 27131190 and 27131110), calcined petroleum coke (sub-codes 27131210 and 27131290, with the latter treated as an anomaly), and other residues (sub-code 27139000). Non-calcined coke shows moderate unit prices around $0.91 to $7.29 per kilogram, while residues are lower at $14.30 per kilogram, suggesting a structure focused on fungible bulk commodities with price variations linked to quality and processing, rather than differentiated manufactured goods.

Strategic Implication and Pricing Power

For market players, the high concentration in low-value bitumen implies limited pricing power for importers, as competition is driven by volume and cost efficiency. The presence of higher-grade cokes offers niche opportunities, but overall, India's HS Code 2713 trade data indicates a market where strategic focus should be on securing reliable, low-cost suppliers for bulk products, supported by the free import policy for bitumen as noted in external sources [TaxGuru], while being mindful of duty impacts on coke imports.

Check Detailed HS Code 2713 Breakdown

India Petroleum Coke Import (HS 2713) Origin Countries

Geographic Concentration and Dominant Role

Iraq is the dominant supplier of Petroleum coke to India in Q1 2025, accounting for 26% of the total import value. The United Arab Emirates is a close second, providing 24% of the value. A significant gap exists between these top two suppliers and the rest, with the third-largest supplier, the United States, contributing 18% of the value. The trade is characterized by bulk shipments, as evidenced by Iraq’s value share (26%) being roughly half its weight share (51%). This indicates India primarily imports lower-cost, raw forms of this commodity from its key partners.

Origin Countries Clusters and Underlying Causes

The supplier base can be grouped into three clusters. The first is a Bulk Supply cluster, consisting of Iraq and the UAE. These partners provide the vast majority of the physical volume (weight) at competitive prices. The second is a High-Value cluster, led by the United States. It ships a much smaller physical quantity but generates a high value, suggesting it supplies a more processed or specialized grade of petroleum coke. The remaining countries, including Saudi Arabia, Iran, and Oman, form a Diversified cluster. They each hold smaller, single-digit value shares, indicating they are secondary sources used to supplement the main supply lines.

Forward Strategy and Supply Chain Implications

India’s import strategy for HS Code 2713 shows a heavy reliance on Middle Eastern suppliers for bulk material. This creates a supply chain vulnerability to regional geopolitical or logistical disruptions. The high-value shipments from the US offer a strategic alternative for quality-specific needs but do not mitigate the volume risk. The import policy for these products remains free [Seair], providing no regulatory barrier to diversifying sources. A forward strategy should focus on developing more suppliers outside the Gulf region to build a more resilient and cost-stable supply chain for this key industrial input.

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

Get Complete Origin Countries Profile

India Petroleum Coke (HS 2713) Suppliers Analysis

Supplier Concentration and Dominance

According to yTrade data, the India Petroleum coke import suppliers market in Q1 2025 is highly concentrated, with a small group of high-value, high-frequency suppliers dominating 63.56% of the total import value. This cluster also handles 76.28% of all shipments, indicating that most trade involves large, regular transactions. The typical import for Petroleum coke is characterized by high volume and consistent frequency, driven by these key players.

Strategic Supplier Clusters and Trade Role

The remaining supplier groups include high-value but infrequent traders contributing 24.25% of value, low-value frequent shippers at 6.55%, and minor infrequent players at 5.65%. The profile of HS code 2713 suppliers, with names like BARAKAH PETROCHEMICAL TRADING LLC and PROTON LIGHT TRADING L.L.C, points to an intermediated market where trading companies act as primary agents, facilitating bulk commodity flows rather than direct manufacturer relationships.

Sourcing Strategy and Vulnerability

For Indian importers, this structure suggests a strategic focus on maintaining relationships with dominant trading partners to ensure supply continuity, given the free import policy for certain residues under HS code 2713 as confirmed by [Seair]. However, reliance on a concentrated group poses risks like price volatility or supply disruptions, while the intermediated model offers flexibility but may limit direct cost negotiations. The ongoing active imports and stable policy (Seair) support opportunities for diversified sourcing within this framework.

Table: India Petroleum Coke (HS 2713) Top Suppliers List (Source: yTrade)

Check Full Petroleum coke Supplier lists

Action Plan for Petroleum Coke Market Operation and Expansion

Strategic Supply Chain Overview

India's Petroleum coke Import market is a bulk commodity trade. Its price is driven by product grade and geopolitical stability. High-volume, low-cost bitumen dominates the hs code 2713 trade data. This creates a price-sensitive market.

The Petroleum coke supply chain faces significant concentration risk. Over 50% of volume comes from just two Middle Eastern suppliers. This reliance on one region threatens supply security. The market structure also depends heavily on trading companies, not direct manufacturers. This limits direct cost control for importers.

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

• Analyze hs code 2713 trade data at the sub-code level for every shipment. This identifies the exact grade and quality being traded, allowing you to spot premium product opportunities and avoid overpaying for standard bulk material.
• Use supplier frequency and value data to map your entire vendor risk. Categorize partners into primary, secondary, and niche suppliers to build a resilient network that mitigates the risk of disruption from any single source.
• Monitor real-time shipping data from alternative geographies like the US and Africa. This proactively identifies new potential suppliers outside the dominant Gulf region, diversifying your supply chain and reducing geopolitical risk.
• Benchmark your landed cost against the unit prices in the hs code 2713 trade data for each origin country. This ensures your logistics and negotiation strategies are optimized to secure the most competitive total cost for each product grade you import.

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 Q1?

A1. India’s petroleum coke imports surged in March 2025, accounting for 36% of Q1’s $1.33 billion total, driven by post-winter industrial demand recovery, particularly from cement and aluminum sectors.

Q2. Who are the main origin countries of India Petroleum coke (HS Code 2713) 2025 Q1?

A2. Iraq (26% of import value) and the UAE (24%) dominate, followed by the US (18%), with Iraq supplying half the physical volume due to bulk bitumen shipments.

Q3. Why does the unit price differ across origin countries of India Petroleum coke Import?

A3. Price gaps stem from product grade: bulk bitumen (27132000) costs $2.59/kg, while calcined coke (27131290) reaches $62.90/kg, reflecting raw vs. processed commodity specialization.

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

A4. Prioritize relationships with dominant trading firms (handling 64% of value) for bulk bitumen, while diversifying suppliers to mitigate Middle East geopolitical risks.

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

A5. Bulk suppliers (Iraq/UAE) benefit from stable demand, while US high-value coke exporters face niche opportunities but limited volume leverage.

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

A6. Primarily consumed by cement and aluminum industries as a fuel or raw material, with bitumen (low-cost bulk) supporting infrastructure projects.

Detailed Monthly Report

India HS2713 Import Snapshot 2025 JAN

India HS2713 Import Snapshot 2025 FEB

India HS2713 Import Snapshot 2025 MAR