Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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China | 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

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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).

Where does China 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 China in 2023:

  • Hong Kong with a share of 17.8% (10.8 billion US$)
  • Singapore with a share of 16.7% (10.2 billion US$)
  • Philippines with a share of 5.87% (3.58 billion US$)
  • Bangladesh with a share of 4.99% (3.05 billion US$)
  • Malaysia with a share of 4.2% (2.56 billion US$)
  • Liberia with a share of 4.03% (2.46 billion US$)
  • Japan with a share of 3.35% (2.04 billion US$)
  • Panama with a share of 3.3% (2.01 billion US$)
  • Australia with a share of 3.28% (2 billion US$)
  • Netherlands with a share of 3.21% (1.96 billion US$)

Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from China in 2023 represented by the following main commodity groups:

  • 78% (48 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 5.97% (3.64 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 4.08% (2.49 billion US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
  • 2.8% (1.71 billion US$): 2716 - Electrical energy. (optional heading)
  • 2.13% (1.3 billion US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
  • 1.88% (1.14 billion US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 1.56% (958 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
  • 1.38% (843 million US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 1.1% (677 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
  • 0.055% (34 million US$): 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

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).

Where does China 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 China in 2023:

  • Russia with a share of 18.3% (94 billion US$)
  • Saudi Arabia with a share of 10.6% (55 billion US$)
  • Malaysia with a share of 8.89% (45 billion US$)
  • Iraq with a share of 6.87% (35 billion US$)
  • United Arab Emirates with a share of 6.59% (34 billion US$)
  • Oman with a share of 5.52% (28 billion US$)
  • Brazil with a share of 4.51% (23 billion US$)
  • Australia with a share of 4.42% (22 billion US$)
  • USA with a share of 4.34% (22 billion US$)
  • Indonesia with a share of 4.18% (21 billion US$)

Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to China in 2023 represented by the following main commodity groups:

  • 65% (337 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 16.3% (84 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 8.02% (41 billion US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 5.41% (27 billion US$): 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
  • 2.24% (11.5 billion US$): 2702 - Lignite, whether or not agglomerated, excluding jet
  • 1.03% (5.32 billion US$): 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)
  • 0.999% (5.15 billion US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
  • 0.315% (1.62 billion US$): 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
  • 0.038% (196 million US$): 2716 - Electrical energy. (optional heading)
  • 0.023% (119 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured

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China | 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