In the last few years, the exports of petroleum products have increased highly. In 2006/07, the ratio of POL exports to total exports was as high as 14.8%.
figure again went up in 2007/08 to a higher value of 15.6%. At present the POL exports occupy the second place in export earnings after engineering goods.
The Economic Survey (2007/08) clearly had mentioned that the increase in the share of petroleum
products in total exports reflected not only the rise in POL prices but also the enhanced capacity.