World Merchandise Exports and Imports by Commodity (HS)
Publication date: 2024-11-07
Reporting period: 2002 - 2023
Timeseries: 132 million
Source:TrendEconomy
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Petroleum oils and oils obtained from bituminous minerals, crude | Imports and Exports | 2023

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Petroleum oils and oils obtained from bituminous minerals, crude | Imports and Exports | 2023

In 2023, the world imports of "Petroleum oils and oils obtained from bituminous minerals, crude" exceeded $1.25 trillion (according to external trade statistics of 104 countries). It was $1.52 trillion in the previous year (according to merchandise trade statistics of 109 countries).

There are no trade data (2023) for such importers as Korea (6.95% of the world imports in 2022), Vietnam (0.476%)

Top importers of Petroleum oils and oils obtained from bituminous minerals, crude in 2023

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

  • China - 27% of the world imports ($337 billion)
  • USA - 13.7% ($172 billion)
  • India - 11.2% ($140 billion)
  • Japan - 6.47% ($80 billion)
  • Netherlands - 4.4% ($55 billion)

«Petroleum oils and oils obtained from bituminous minerals, crude» accounted for a substantial share of total imports of

  • Brunei - 52% of Brunei's total imports in 2023 ($3.92 billion of $7.48 billion)
  • India - 20% ($140 billion of $672 billion)

According to statistics provided by the major importers, the largest flows of imports of «Petroleum oils and oils obtained from bituminous minerals, crude» in 2023:

  • Imports to China from Iraq (2.81% of the world imports, $35 billion according to external trade statistics of China)
  • Imports to China from Malaysia (2.28% of the world imports, $28 billion according to external trade statistics of China)
  • Imports to China from Russia (4.85% of the world imports, $60 billion according to external trade statistics of China)
  • Imports to China from Saudi Arabia (4.3% of the world imports, $53 billion according to external trade statistics of China)
  • Imports to China from United Arab Emirates (2.13% of the world imports, $26 billion according to external trade statistics of China)
  • Imports to India from Iraq (2.26% of the world imports, $28 billion according to external trade statistics of India)
  • Imports to India from Russia (3.89% of the world imports, $48 billion according to external trade statistics of India)
  • Imports to Japan from Saudi Arabia (2.65% of the world imports, $33 billion according to external trade statistics of Japan)
  • Imports to Japan from United Arab Emirates (2.54% of the world imports, $31 billion according to external trade statistics of Japan)
  • Imports to USA from Canada (7.77% of the world imports, $97 billion according to external trade statistics of USA)

In 2023, the world exports of "Petroleum oils and oils obtained from bituminous minerals, crude" exceeded $811 billion (according to external trade statistics of 85 countries). It was $841 billion in the previous year (according to merchandise trade statistics of 85 countries).

Top exporters of Petroleum oils and oils obtained from bituminous minerals, crude in 2023

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

  • United Arab Emirates - 20% of the world exports ($162 billion)
  • USA - 14.4% ($117 billion)
  • Canada - 12.2% ($99 billion)
  • Nigeria - 6.47% ($52 billion)
  • Norway - 6.17% ($50 billion)

«Petroleum oils and oils obtained from bituminous minerals, crude» accounted for a substantial share of total exports of

  • Nigeria - 80% of Nigeria's total exports in 2023 ($52 billion of $65 billion)
  • Guyana - 66% ($7.17 billion of $10.8 billion)
  • Kuwait - 59% ($49 billion of $83 billion)
  • Kazakhstan - 53% ($42 billion of $78 billion)
  • Gabon - 51% ($6.57 billion of $12.6 billion)
  • Azerbaijan - 47% ($16.2 billion of $33 billion)
  • Oman - 43% ($25 billion of $59 billion)
  • United Arab Emirates - 28% ($162 billion of $570 billion)
  • Norway - 28% ($50 billion of $176 billion)

According to statistics provided by the major exporters, the largest flows of exports of «Petroleum oils and oils obtained from bituminous minerals, crude» in 2023:

  • Exports from Brazil to China: (2.43% of the world exports, $19.7 billion according to external trade statistics of Brazil)
  • Exports from Canada to USA: (11.9% of the world exports, $96 billion according to external trade statistics of Canada)
  • Exports from Kazakhstan to Italy: (1.78% of the world exports, $14.4 billion according to external trade statistics of Kazakhstan)
  • Exports from Kuwait to Areas, nes: (6.14% of the world exports, $49 billion according to external trade statistics of Kuwait)
  • Exports from Mexico to Rest of America, nes (1962 - 2004): (2.32% of the world exports, $18.8 billion according to external trade statistics of Mexico)
  • Exports from Norway to United Kingdom: (1.71% of the world exports, $13.9 billion according to external trade statistics of Norway)
  • Exports from Oman to Areas, nes: (3.15% of the world exports, $25 billion according to external trade statistics of Oman)
  • Exports from United Arab Emirates to Areas, nes: (20% of the world exports, $162 billion according to external trade statistics of United Arab Emirates)
  • Exports from USA to China: (1.61% of the world exports, $13.1 billion according to external trade statistics of USA)
  • Exports from USA to Netherlands: (2.36% of the world exports, $19.1 billion according to external trade statistics of USA)

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Reporter
2709. Petroleum oils and oils obtained from bituminous minerals, crude
ExportsImports
20232023
Value (US$)
World Share ($), %
Value (US$)
World Share ($), %
United Arab Emirates162,767,463,924.9520.062,712,290,170.330.21
USA117,160,520,564.0014.44172,426,221,223.0013.79
Canada99,587,450,774.1312.2714,490,450,566.151.15
Nigeria52,520,992,084.766.47
Norway50,085,574,955.056.171,207,565,323.970.09
Kuwait49,828,069,995.606.14
Brazil42,611,148,597.005.259,382,113,744.000.75
Kazakhstan42,314,945,072.755.2110,730,341.420.00
Mexico27,604,232,388.003.4014,983.000.00
Oman25,575,449,143.323.151,573,706,450.070.12
United Kingdom21,100,693,176.912.6032,454,340,370.822.59
Netherlands17,125,314,026.412.1155,086,010,692.684.40
Qatar16,860,934,421.352.07354,035,414.890.02
Azerbaijan16,240,829,627.262.001,077,237,600.320.08
Colombia12,659,153,725.321.56768,159,692.960.06
Ecuador7,823,367,067.400.962,841.000.00
Australia7,678,708,458.690.945,494,117,167.150.43
Guyana7,170,113,162.250.888,334.280.00
Malaysia7,004,160,187.460.8613,525,757,766.631.08
Gabon6,579,531,639.830.8146.600.00
Ghana3,984,854,966.130.49122,496,263.550.00
Argentina3,733,440,372.730.46219.640.00
Egypt2,553,062,900.000.311,907,069,000.000.15
Brunei1,814,183,056.420.223,926,687,324.740.31
Indonesia1,749,296,021.340.2111,142,160,442.000.89
Spain1,493,815,319.900.1837,240,837,510.032.97
China843,802,125.000.10337,644,667,180.0027.01
Tunisia793,987,189.160.09505,979,831.460.04
Italy721,964,602.700.0838,404,115,350.533.07
Côte d`Ivoire647,116,778.710.072,886,760,989.800.23
New Zealand492,596,084.080.0632,147.910.00
Thailand357,486,570.610.0432,178,787,769.982.57
Croatia311,326,176.000.03893,556,050.000.07
Peru221,631,764.680.023,223,329,136.800.25
Philippines169,108,970.000.024,162,595,740.000.33
Hungary162,736,523.000.023,012,332,850.000.24
Denmark125,073,807.450.013,129,213,636.050.25
Mozambique104,457,000.000.0116,000.000.00
Poland103,485,908.000.0115,346,807,138.001.22
Ireland90,392,363.360.011,867,578,978.730.14
Greece64,441,299.080.0013,855,798,997.051.10
Belgium58,227,772.150.0021,980,491,688.381.75
Guatemala43,584,000.000.001,314,689.000.00
France42,728,190.380.0031,031,490,578.422.48
Pakistan26,822,987.180.004,797,216,149.670.38
Senegal26,320,322.940.00952,328,709.040.07
Lithuania19,534,149.000.005,837,359,050.000.46
Chile19,212,069.090.005,219,763,002.040.41
Romania18,718,904.040.004,464,866,219.130.35
Myanmar16,999,500.000.00
Bolivia11,437,216.170.0038,941,536.000.00
Barbados10,392,488.000.00
Ukraine9,624,330.630.0022,425.220.00
Singapore3,929,750.580.0027,442,345,213.902.19
Germany1,228,584.980.0045,832,827,913.413.66
Moldova1,054,491.000.0015,521.000.00
Latvia987,558.310.00513.600.00
Slovak Republic945,941.360.002,422,452,148.630.19
Tanzania683,260.390.0012,772.090.00
Belize334,585.060.00
Bosnia and Herzegovina313,105.230.00103,115.260.00
South Africa286,163.900.004,806,088,258.670.38
Jordan76,159.150.001,043,466,716.580.08
Sweden71,723.690.0011,270,662,762.750.90
Namibia45,115.040.00129,099.020.00
Suriname34,601.670.00
Slovenia32,047.380.001,349.580.00
Samoa11,746.790.00812.630.00
Zambia11,364.210.0055,093,212.310.00
El Salvador6,534.000.00
Czech Republic4,697.000.004,144,534,113.000.33
Kenya4,429.100.00
Switzerland3,345.470.001,749,851,849.410.13
Dominican Republic2,811.000.00765,241,119.590.06
Botswana2,553.250.00133,812.550.00
Lebanon2,440.000.00
Togo790.200.001,929.190.00
Mauritania394.200.00
Costa Rica195.000.0018,838.910.00
Luxembourg139.250.0021,237.080.00
Niger51.150.00
Serbia32.000.001,936,629,231.000.15
Andorra19.460.005,441.770.00
Finland5.400.006,394,985,706.520.51
Malawi4.830.001,335.120.00
Zimbabwe2,473,713.850.00
Uzbekistan343,330,134.970.02
Uruguay863,538,592.960.06
The Bahamas72,087.000.00
Swaziland2,715.230.00
Sri Lanka921,231,694.690.07
Seychelles197.460.00
Portugal5,925,050,257.690.47
Paraguay12,200.590.00
Nicaragua604,926,458.490.04
Malta129.750.00
Kyrgyz Republic2,575,900.000.00
Japan80,884,609,985.476.47
Jamaica486,447,492.150.03
Israel7,498,875,282.000.59
India140,386,299,645.4911.23
Iceland170.770.00
Georgia3,612,574.810.00
Ethiopia73,799.900.00
Estonia10.110.00
Dominica278.880.00
Cyprus5,350,157.130.00
Central African Republic99,375.480.00
Burkina Faso2,057.460.00
Bulgaria3,134,974,155.390.25
Benin283.310.00
Bahrain68.760.00
Austria4,797,394,408.340.38
Armenia5.050.00
Antigua and Barbuda1,577.300.00