Belgium | Imports and Exports | World | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Belgium totalled $ 51 billion in 2023. Sales of commodity group 27 from Belgium decreased by 44% in value terms compared to 2022. exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 41 billion (cumulative exports of commodity group 27 from Belgium amounted $93 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 13.1% of total exports from Belgium (cumulative merchandise exports from Belgium totalled $ 393 billion in 2023). The share of commodity group 27 in total exports from Belgium decreased by 6.92 p.p. compared to 2022 (it was 20% in 2022 and cumulative exports from Belgium were equal to $ 463 billion).
Where does Belgium export Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes?
Top export destinations of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Belgium in 2023:
- Germany with a share of 26% (13.8 billion US$)
- Netherlands with a share of 22% (11.5 billion US$)
- France with a share of 10.4% (5.42 billion US$)
- Nigeria with a share of 8.96% (4.64 billion US$)
- Ship stores and aircraft supplies with a share of 7.47% (3.86 billion US$)
- United Kingdom with a share of 3.69% (1.91 billion US$)
- Luxembourg with a share of 3.52% (1.82 billion US$)
- Togo with a share of 1.2% (623 million US$)
- USA with a share of 1.2% (622 million US$)
- Côte d`Ivoire with a share of 1.09% (568 million US$)
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Belgium in 2023 represented by the following main commodity groups:
- 56% (29 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 31% (16.1 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 6.96% (3.6 billion US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 3.81% (1.97 billion US$): 2716 - Electrical energy. (optional heading)
- 0.527% (273 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
- 0.354% (183 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.321% (166 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.118% (61 million US$): 2703 - Peat (including peat litter), whether or not agglomerated.
- 0.112% (58 million US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 0.094% (49 million US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Belgium totalled $ 70 billion in 2023. Sales of commodity group 27 to Belgium decreased by 40% in value terms compared to 2022. imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 47 billion (the value of imports of commodity group 27 to Belgium was equal to $118 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 17% of total import flow to Belgium (in 2023, total imports to Belgium amounted to $ 415 billion). The share of commodity group 27 in total imports to Belgium decreased by 8.41 p.p. compared to 2022 (it was 25% in 2022 and cumulative imports to Belgium were equal to $ 464 billion).
Where does Belgium import Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes from?
Top trading partners (import of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes") of Belgium in 2023:
- Netherlands with a share of 47% (33 billion US$)
- Norway with a share of 12.4% (8.81 billion US$)
- United Kingdom with a share of 10% (7.11 billion US$)
- France with a share of 7.01% (4.96 billion US$)
- USA with a share of 4.27% (3.02 billion US$)
- Qatar with a share of 3.98% (2.81 billion US$)
- Russia with a share of 3.1% (2.2 billion US$)
- Germany with a share of 2.36% (1.67 billion US$)
- Algeria - 589 million US$
- Finland - 544 million US$
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Belgium in 2023 represented by the following main commodity groups:
- 36% (26 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 31% (21 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 23% (16.4 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 3.82% (2.7 billion US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 2.76% (1.96 billion US$): 2716 - Electrical energy. (optional heading)
- 1.28% (913 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.422% (299 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.392% (277 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.134% (95 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
- 0.069% (49 million US$): 2703 - Peat (including peat litter), whether or not agglomerated.
