Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | Imports and Exports | 2023

In 2023, the world imports of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" exceeded $3 trillion (according to external trade statistics of 135 countries). It was $4.04 trillion in the previous year (according to merchandise trade statistics of 140 countries).

There are no trade data (2023) for such importers as Korea (5.41% of the world imports in 2022), Vietnam (0.665%), Angola (0.098%), Cambodia (0.09%), Nepal (0.078%), State of Palestine (0.054%), Mongolia (0.048%), Albania (0.036%), Rwanda (0.019%), Lesotho (0.007%), Burundi (0.007%), Timor-Leste (0.005%), Bermuda (0.003%), Trinidad and Tobago (0.001%)

Top importers of Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes in 2023

The world's largest importers of this commodity group in 2023:

• China - 17.1% of the world imports ($515 billion)
• USA - 8.86% ($266 billion)
• India - 7.33% ($220 billion)
• Japan - 6.47% ($194 billion)
• Netherlands - 4.78% ($143 billion)

«Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes» accounted for a substantial share of total imports of

• Brunei - 63% of Brunei's total imports in 2023 ($4.77 billion of $7.48 billion)
• Cabo Verde - 46% ($821 million of $1.75 billion)

According to statistics provided by the major importers, the largest flows of imports of «Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes» in 2023:

• Imports to China from Iraq (1.17% of the world imports, $35 billion according to external trade statistics of China)
• Imports to China from Malaysia (1.52% of the world imports, $45 billion according to external trade statistics of China)
• Imports to China from Russia (3.15% of the world imports, $94 billion according to external trade statistics of China)
• Imports to China from Saudi Arabia (1.83% of the world imports, $55 billion according to external trade statistics of China)
• Imports to China from United Arab Emirates (1.13% of the world imports, $34 billion according to external trade statistics of China)
• Imports to India from Russia (1.95% of the world imports, $58 billion according to external trade statistics of India)
• Imports to Japan from Australia (1.61% of the world imports, $48 billion according to external trade statistics of Japan)
• Imports to Japan from United Arab Emirates (1.18% of the world imports, $35 billion according to external trade statistics of Japan)
• Imports to Mexico from USA (1.29% of the world imports, $38 billion according to external trade statistics of Mexico)
• Imports to USA from Canada (4.38% of the world imports, $131 billion according to external trade statistics of USA)

In 2023, the world exports of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" exceeded $2.38 trillion (according to external trade statistics of 132 countries). It was $2.96 trillion in the previous year (according to merchandise trade statistics of 138 countries).

There are no trade data (2023) for such exporters as Korea (2.18% of the world exports in 2022), Angola (1.6%), Mongolia (0.228%), Vietnam (0.146%), Trinidad and Tobago (0.112%), Albania (0.024%), Timor-Leste (0.01%), Rwanda (0.006%)

Top exporters of Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes in 2023

The world's largest exporters of this commodity group in 2023:

• USA - 13.5% of the world exports ($323 billion)
• United Arab Emirates - 11.8% ($282 billion)
• Canada - 6% ($143 billion)
• Netherlands - 5.46% ($130 billion)
• Australia - 5.4% ($129 billion)

«Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes» accounted for a substantial share of total exports of

• Kuwait - 93% of Kuwait's total exports in 2023 ($78 billion of $83 billion)
• Nigeria - 91% ($59 billion of $65 billion)
• Azerbaijan - 91% ($31 billion of $33 billion)
• Qatar - 86% ($84 billion of $97 billion)
• Brunei - 77% ($8.7 billion of $11.2 billion)
• Gambia - 72% ($60 million of $83 million)
• Oman - 69% ($41 billion of $59 billion)
• Norway - 68% ($120 billion of $176 billion)
• Guyana - 67% ($7.31 billion of $10.8 billion)

According to statistics provided by the major exporters, the largest flows of exports of «Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes» in 2023:

• Exports from Australia to Areas, nes: (2.07% of the world exports, $49 billion according to external trade statistics of Australia)
• Exports from Canada to USA: (5.37% of the world exports, $128 billion according to external trade statistics of Canada)
• Exports from Kuwait to Areas, nes: (3.26% of the world exports, $78 billion according to external trade statistics of Kuwait)
• Exports from Netherlands to Germany: (1.79% of the world exports, $42 billion according to external trade statistics of Netherlands)
• Exports from Norway to Germany: (1.22% of the world exports, $29 billion according to external trade statistics of Norway)
• Exports from Norway to United Kingdom: (1.25% of the world exports, $29 billion according to external trade statistics of Norway)
• Exports from Oman to Areas, nes: (1.49% of the world exports, $35 billion according to external trade statistics of Oman)
• Exports from United Arab Emirates to Areas, nes: (11.2% of the world exports, $268 billion according to external trade statistics of United Arab Emirates)
• Exports from USA to Mexico: (1.88% of the world exports, $45 billion according to external trade statistics of USA)
• Exports from USA to Netherlands: (1.27% of the world exports, $30 billion according to external trade statistics of USA)