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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Greece | 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 Greece totalled $ 17.8 billion in 2023. Sales of commodity group 27 from Greece decreased by 15.8% 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 $ 3.35 billion (cumulative exports of commodity group 27 from Greece amounted $21 billion in 2022)

Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 32% of total exports from Greece (cumulative merchandise exports from Greece totalled $ 55 billion in 2023). The share of commodity group 27 in total exports from Greece decreased by 4.42 p.p. compared to 2022 (it was 36% in 2022 and cumulative exports from Greece were equal to $ 57 billion).

Where does Greece 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 Greece in 2023:

  • Libya with a share of 9% (1.6 billion US$)
  • Bulgaria with a share of 8.79% (1.56 billion US$)
  • Italy with a share of 8.72% (1.55 billion US$)
  • Lebanon with a share of 8.3% (1.47 billion US$)
  • Gibraltar with a share of 6.97% (1.24 billion US$)
  • North Macedonia with a share of 6.32% (1.12 billion US$)
  • Cyprus with a share of 5.54% (988 million US$)
  • Ukraine with a share of 4.29% (765 million US$)
  • Turkey with a share of 3.58% (637 million US$)
  • USA with a share of 2.52% (450 million US$)

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

  • 81% (14.6 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 9.04% (1.61 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 4.26% (759 million US$): 2716 - Electrical energy. (optional heading)
  • 4.07% (725 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
  • 0.361% (64 million US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 0.154% (27 million US$): 2702 - Lignite, whether or not agglomerated, excluding jet
  • 0.108% (19.2 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
  • 0.022% (4.04 million US$): 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)
  • 0.012% (2.21 million US$): 2703 - Peat (including peat litter), whether or not agglomerated.
  • 0.004% (823 thousand US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal

The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Greece totalled $ 24 billion in 2023. Sales of commodity group 27 to Greece decreased by 27% 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 $ 9.56 billion (the value of imports of commodity group 27 to Greece was equal to $34 billion in 2022)

Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 27% of total import flow to Greece (in 2023, total imports to Greece amounted to $ 88 billion). The share of commodity group 27 in total imports to Greece decreased by 7.1 p.p. compared to 2022 (it was 34% in 2022 and cumulative imports to Greece were equal to $ 97 billion).

Where does Greece 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 Greece in 2023:

  • Iraq with a share of 23% (5.68 billion US$)
  • Kazakhstan with a share of 14.3% (3.54 billion US$)
  • Russia with a share of 8.85% (2.17 billion US$)
  • Libya with a share of 8.64% (2.12 billion US$)
  • Azerbaijan with a share of 5.67% (1.39 billion US$)
  • Egypt with a share of 4.6% (1.13 billion US$)
  • Turkmenistan with a share of 4.18% (1.03 billion US$)
  • Saudi Arabia with a share of 3.55% (874 million US$)
  • Bulgaria with a share of 3.16% (779 million US$)
  • Algeria with a share of 2.87% (708 million US$)

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

  • 56% (13.8 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 19.4% (4.77 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 18% (4.44 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 5.61% (1.38 billion US$): 2716 - Electrical energy. (optional heading)
  • 0.399% (98 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
  • 0.066% (16.4 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 0.062% (15.4 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
  • 0.049% (12 million US$): 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
  • 0.035% (8.82 million US$): 2703 - Peat (including peat litter), whether or not agglomerated.
  • 0.025% (6.22 million US$): 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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Greece | 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