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Strategic Lens

Energy: India and Australia

First country

Second country

In 2025, India sold USD 3.29 billion of mineral fuels and oils to Australia and bought USD 7.86 billion from it.

Constraints

  • BothTwo-way trade in mineral fuels and oils is 45 percent below its 2022 peak of USD 20.3 billion.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Last updated on 26 September 2026

The numbers

India's exports to Australia: mineral fuels and oils

USD billion · 2019 to 2025, calendar years, as reported by India

2019: 0.35Low 0.35 / High 4.262025: 3.29

20190.35
20200.84
20213.35
20224.26
20233.66
20243.76
20253.29

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

India's imports from Australia: mineral fuels and oils

USD billion · 2019 to 2025, calendar years, as reported by India

2019: 8.22Low 5.56 / High 16.022025: 7.86

20198.22
20205.56
202111.41
202216.02
202313
20249.59
20257.86

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

More on this relationship

Benefits

  • IndiaAustralia opened the door to uranium exports in 2016, with trade starting in 2017, and the July 2026 agreements include exporting uranium to India's nuclear industry.

Sources: Wikipedia: Australia–India relations (revision of 24 September 2026)

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