Refined Petroleum Import of Afghanistan: The Trade Analysis of 2024

 Afghanistan, situated in South Central Asia at the crossroads of Central Asia and the Middle East, is bordered by Turkmenistan, Pakistan, Iran, and China in the northeast, south, and west directions. It has been gradually emerging as a leading importer of refined petroleum in the international trade market. According to Afghanistan Export Data, the country’s inability to produce enough refined fuels due to the lack of production in large-scale oil refineries has led to an increase in import rates in 2024. The low crude production and mining output, with the growing demand in urban and industrial sectors, have been driving the rate crucially.

The steady growth rate of the domestic demand increase regarding refined petroleum has resulted in an import trade value of 2.31 billion US dollars in 2024. The foreign aid and development projects with cross-border trade and smuggling influence have crucially driven the import trade. Import Globals with its Afghanistan trade data provides a detailed overview of the total amount of imports and refined petroleum in the nation, catering to the needs of the business holders regarding the upcoming investment opportunities by preferring which they can get an upward trajectory in their business growth.

GOVERNMENT INITIATIVES SUPPORTING THE IMPORT OF REFINED PETROLEUM IN AFGHANISTAN

The Government Authorities of Afghanistan have been collectively working to foster the import rate of petroleum fuel for recording stability in both the import and export trade categories. The Regional Energy Transit Hub in Herat, announced by the Authorities of Kazakhstan and Turkmenistan was to establish a logistics and energy hub in Herat province. The initiative was structured to increase Afghanistan’s role in the international trade market as a regional energy corridor.

The pipeline import discussions by the Ministry have been actively engaged with petroleum traders on importing fuel. It was designed to improve efficiency while reducing port congestion, enhancing supply chain stability, and ensuring fuel quality standards. The Cabinet of Kazakhstan has passed a resolution to prevent the inflow of low-quality fuel. The regulatory framework has enhanced the standards of the Management Authority as per the global standards.

THE LEADING VARIANTS OF REFINED PETROLEUM IMPORTED IN AFGHANISTAN

Afghanistan’s growing demand for refined petroleum has driven the import trade rate. The valuable pricing ranges offered have attracted foreign suppliers worldwide. According to the Afghanistan Import Data, the top 10 leading variants of refined petroleum imported in the nation in 2024 are,

  1. Gasoline — The annual valuation of Gasoline imported in Afghanistan in 2024–765 million US dollars
  2. Diesel- The annual valuation of Diesel imported in Afghanistan in 2024–542 million US dollars
  3. LPG- The annual valuation of LPG imported in Afghanistan in 2024–467 million US dollars
  4. Aviation Turbine fuel — The annual valuation of Aviation Turbine fuel imported in Afghanistan in 2024–384 million US dollars
  5. Kerosene- The annual valuation of Kerosene imported in Afghanistan in 2024–278 million US dollars
  6. Fuel oil- The annual valuation of Fuel oil imported in Afghanistan in 2024–175 million US dollars
  7. Naphtha — The annual valuation of Naphtha imported in Afghanistan in 2024–108 million US dollars
  8. Bitumen- The annual valuation of Bitumen imported in Afghanistan in 2024–89 million US dollars
  9. Lubricating oil- The annual valuation of Lubricating oil imported in Afghanistan in 2024–68 million US dollars
  10. Turpentine — The annual valuation of Turpentine imported in Afghanistan in 2024–54 million US dollars

THE TOP 10 IMPORT TRADE PARTNERS OF AFGHANISTAN IN 2024

The closer geographical proximity of Afghanistan to emerging markets and the trade rates influencing the global rank has led to more stability in the import and export rates. According to the Afghanistan Customs Data, the top 10 Import Trade Partners of the Nation in 2024 are,

  1. Iran — The valuation of refined petroleum imported in Afghanistan from Iran in 2024–765 million US dollars

Top 5 variants of refined petroleum imported

1. Gasoline (Mogas)

2. Premium unleaded gasoline

3. Regular unleaded gasoline

4. Mid-grade unleaded gasoline

5. Reformulated gasoline

2. China — The valuation of refined petroleum imported in Afghanistan from China in 2024–598 million US dollars

Top 5 variants of refined petroleum imported

1. E85 gasoline

2. Alkylate gasoline

3. Naphtha-based gasoline

4. Straight-run gasoline

5. Synthetic gasoline

3. Pakistan — The valuation of refined petroleum imported in Afghanistan from Pakistan in 2024–478 million US dollars

Top 5 variants of refined petroleum imported

1. Low sulfur diesel

2. High sulfur diesel

3. Automotive diesel

4. Marine diesel oil (MDO)

5. Marine gas oil (MGO)

4. United States — The valuation of refined petroleum imported in Afghanistan from the United States in 2024–367 million US dollars

Top 5 variants of refined petroleum imported

1. Biodiesel B100

2. Winter-grade diesel

3. Summer-grade diesel

4. Arctic diesel

5. Heating diesel

5. Turkmenistan — The valuation of refined petroleum imported in Afghanistan from Turkmenistan in 2024–254 million US dollars

Top 5 variants of refined petroleum imported

1. Household kerosene

2. Industrial kerosene

3. Jet-grade kerosene

4. Illuminating kerosene

5. Heating oil

6. Kazakhstan — The valuation of refined petroleum imported in Afghanistan from Kazakhstan in 2024–187 million US dollars

Top 5 variants of refined petroleum imported

1. Light naphtha

2. Heavy naphtha

3. Paraffinic naphtha

4. Aromatic naphtha

5. Catalytic naphtha

7. India — The valuation of refined petroleum imported in Afghanistan from India in 2024–124 million US dollars

Top 5 variants of refined petroleum imported

1. Hydrotreated naphtha

2. Naphtha reformate

3. Isomerate

4. Pyrolysis gasoline (Pygas)

5. Steam cracker feedstock

8. Uzbekistan — The valuation of refined petroleum imported in Afghanistan from Uzbekistan in 2024–102 million US dollars

Top 5 variants of refined petroleum imported

1. Propane

2. Butane

3. Isobutane

4. LPG mix (propane/butane)

5. HD-5 propane

9. Malaysia — The valuation of refined petroleum imported in Afghanistan from Malaysia in 2024–89 million US dollars

Top 5 variants of refined petroleum imported

1. Motor oil

2. Gear oil

3. Hydraulic oil

4. Transmission fluid

5. Marine lubricant

10. Turkey — The valuation of refined petroleum imported in Afghanistan from Turkey in 2024–76 million US dollars

Top 5 variants of refined petroleum imported

1. Aviation lubricant

2. Industrial lubricating oil

3. Turbine oil

4. Compressor oil

5. Cutting oil

Comments

Post a Comment

Popular posts from this blog

Overview of the Optical Equipment Import of Vietnam in 2023

Image
The demand for optical equipments in Vietnam has been steadily rising over the years because of the on growing demands from the industrial sectors and other consumer base. The growing awareness about eye care and its vital treatment regarding different fatal diseases is recording a positive impact over the whole eye care import of the nation in 2023 recording an annual growth rate of 10% year from 2019 onwards. Stability in trade relationship with different leading trade destination estates and attractive pricing strategies facilitate the annual import market. The growing domestic acquisitions and the limited production capability of the healthcare industries regarding the production of optical equipment have made the country record an annual import value of 2.3 billion US dollars in 2023. Import Globals with its Vietnam Trade Data highlights the global trade insights of the country’s regional shipments for helping the business holders expand their business worldwide via optimization o...
Read more

Seafood Export of Uganda in 2023

Image
Seafood consumers right now are gradually increasing with time because of the different health benefits it provides to the in-taker. The different vitamins present like vitamin A, vitamin B, and vitamin D not only benefit the health but also aid the proper functioning of the immune system. The globally growing demands and the increasing production cavity of the industrial sectors are promoting the exporting rate of seafood contributing to a minimal share of the total annual export trade revenue. The use of different modern technologies for preserving seafood products and increasing its shelf life along with the greater workforce engaged in it for efficient production have led to a total export trade value of 500 million US dollars in 2023. Import Globals, Uganda Trade Data, highlights the key trade insights of the country’s global trade of seafood to help the business holders adapt to the strategies of business expansion worldwide.    TOP 10 SEAFOOD EXPORTS OF UGANDA IN 2023 A...
Read more

Import and Export Procedures in Vietnam 2023

Import Procedures in Vietnam: Import License: Some goods require an import license issued by the relevant authorities in Vietnam. Importers should check whether their products fall under this category. Customs Declaration: Importers must complete customs declarations accurately and submit them along with supporting documents to customs authorities. Vietnam Import Data Customs Clearance: Imported goods must undergo customs clearance procedures, which include inspection, assessment of duties and taxes, and compliance verification. Payment of Duties and Taxes: Importers are responsible for paying import duties, taxes, and other applicable fees based on the classification and value of the imported goods. Documentation: Required documents for importation typically include commercial invoices, packing lists, bill of lading or airway bills, import permits or licenses (if applicable), and certificates of origin. Export Procedures in Vietnam: Export Registration: Some products may require ex...
Read more