Italy | 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 Italy totalled $ 23 billion in 2023. Sales of commodity group 27 from Italy decreased by 23% 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 $ 7.48 billion (cumulative exports of commodity group 27 from Italy amounted $31 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 3.51% of total exports from Italy (cumulative merchandise exports from Italy totalled $ 677 billion in 2023). The share of commodity group 27 in total exports from Italy decreased by 1.22 p.p. compared to 2022 (it was 4.74% in 2022 and cumulative exports from Italy were equal to $ 659 billion).
Where does Italy 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 Italy in 2023:
- Gibraltar with a share of 11.1% (2.66 billion US$)
- USA with a share of 10.7% (2.54 billion US$)
- Spain with a share of 10.3% (2.45 billion US$)
- Slovenia with a share of 6.14% (1.46 billion US$)
- Croatia with a share of 5.86% (1.39 billion US$)
- France with a share of 4.91% (1.17 billion US$)
- Netherlands with a share of 4.63% (1.1 billion US$)
- Austria with a share of 4.51% (1.07 billion US$)
- Turkey with a share of 4.16% (991 million US$)
- Libya with a share of 4.03% (961 million US$)
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Italy in 2023 represented by the following main commodity groups:
- 83% (19.9 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 5.84% (1.39 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 3.03% (721 million US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 2.72% (650 million US$): 2716 - Electrical energy. (optional heading)
- 1.93% (460 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 1.14% (271 million US$): 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
- 0.546% (130 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.422% (100 million US$): 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
- 0.245% (58 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.125% (29 million US$): 2706 - Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Italy totalled $ 93 billion in 2023. Sales of commodity group 27 to Italy decreased by 36% 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 $ 54 billion (the value of imports of commodity group 27 to Italy was equal to $148 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 14.6% of total import flow to Italy (in 2023, total imports to Italy amounted to $ 639 billion). The share of commodity group 27 in total imports to Italy decreased by 6.67 p.p. compared to 2022 (it was 21% in 2022 and cumulative imports to Italy were equal to $ 695 billion).
Where does Italy 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 Italy in 2023:
- Algeria with a share of 15.9% (14.9 billion US$)
- Azerbaijan with a share of 13.6% (12.7 billion US$)
- USA with a share of 8.76% (8.2 billion US$)
- Libya with a share of 8.44% (7.9 billion US$)
- Saudi Arabia with a share of 6.11% (5.72 billion US$)
- Kazakhstan with a share of 4.91% (4.6 billion US$)
- Iraq with a share of 4.39% (4.11 billion US$)
- Norway with a share of 3.9% (3.66 billion US$)
- Switzerland with a share of 3.31% (3.1 billion US$)
- France with a share of 3.25% (3.04 billion US$)
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Italy in 2023 represented by the following main commodity groups:
- 41% (38 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 35% (33 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 12.2% (11.4 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 7.72% (7.23 billion US$): 2716 - Electrical energy. (optional heading)
- 2.16% (2.02 billion US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.481% (450 million US$): 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
- 0.357% (334 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.181% (170 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.117% (109 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.1% (94 million US$): 2703 - Peat (including peat litter), whether or not agglomerated.
