The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from China totalled $ 61 billion in 2023. Sales of commodity group 27 from China decreased by 5.08% 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 $ 3.27 billion (cumulative exports of commodity group 27 from China amounted $64 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 1.8% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 27 in total exports from China increased by 0.016 p.p. compared to 2022 (it was 1.79% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Top export destinations of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from China in 2023:
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to China totalled $ 515 billion in 2023. Sales of commodity group 27 to China decreased by 3.62% 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 $ 19.4 billion (the value of imports of commodity group 27 to China was equal to $535 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 20% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 27 in total imports to China increased by 0.467 p.p. compared to 2022 (it was 19.7% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Top trading partners (import of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes") of China in 2023: