Cyprus | 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 Cyprus totalled $ 1.68 billion in 2023. Sales of commodity group 27 from Cyprus went up by 59% compared to 2022: exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" went up by $ 625 million (cumulative exports of commodity group 27 from Cyprus amounted $1.05 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 33% of total exports from Cyprus (cumulative merchandise exports from Cyprus totalled $ 5.06 billion in 2023). The share of commodity group 27 in total exports from Cyprus increased by 9.25 p.p. compared to 2022 (it was 23% in 2022 and cumulative exports from Cyprus were equal to $ 4.41 billion).
Where does Cyprus 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 Cyprus in 2023:
- Libya with a share of 38% (646 million US$)
- Lebanon with a share of 26% (452 million US$)
- Ship stores and aircraft supplies with a share of 24% (411 million US$)
- Nigeria with a share of 9.14% (153 million US$)
- United Kingdom - 7.96 million US$
- Netherlands - 4.7 million US$
- Areas, nes - 3.27 million US$
- Israel - 445 thousand US$
- Qatar - 14.8 thousand US$
- Jordan - 7.12 thousand US$
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Cyprus in 2023 represented by the following main commodity groups:
- 99% (1.67 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 0.268% (4.5 million US$): 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
- 0% (10.8 thousand US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0% (3.91 thousand US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0% (511 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
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Cyprus totalled $ 3.14 billion in 2023. Sales of commodity group 27 to Cyprus went up by 13.5% compared to 2022: imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" went up by $ 374 million (the value of imports of commodity group 27 to Cyprus was equal to $2.76 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 22% of total import flow to Cyprus (in 2023, total imports to Cyprus amounted to $ 14 billion). The share of commodity group 27 in total imports to Cyprus decreased by 0.832 p.p. compared to 2022 (it was 23% in 2022 and cumulative imports to Cyprus were equal to $ 11.8 billion).
Where does Cyprus 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 Cyprus in 2023:
- Greece with a share of 27% (875 million US$)
- Israel with a share of 18.6% (585 million US$)
- Areas, nes with a share of 17.9% (563 million US$)
- Spain with a share of 9.65% (303 million US$)
- Italy with a share of 5.83% (183 million US$)
- Turkey with a share of 4.99% (156 million US$)
- Algeria with a share of 3.43% (107 million US$)
- Romania with a share of 2.39% (75 million US$)
- Belgium with a share of 2.16% (67 million US$)
- Qatar with a share of 1.18% (37 million US$)
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Cyprus in 2023 represented by the following main commodity groups:
- 91% (2.86 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 6.35% (199 million US$): 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
- 1.44% (45 million US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0.717% (22 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.17% (5.35 million US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 0.104% (3.28 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.098% (3.08 million US$): 2703 - Peat (including peat litter), whether or not agglomerated.
- 0.016% (533 thousand US$): 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)
- 0.011% (363 thousand US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.003% (104 thousand US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
