Kuwait | Imports and Exports | World | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | Value (US$) and Value Growth, YoY (%) | 2011 - 2023
The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Kuwait totalled $ 78 billion in 2023. Sales of commodity group 27 from Kuwait went up by 171% compared to 2022: exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" went up by $ 49 billion (cumulative exports of commodity group 27 from Kuwait amounted $28 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 93% of total exports from Kuwait (cumulative merchandise exports from Kuwait totalled $ 83 billion in 2023). The share of commodity group 27 in total exports from Kuwait decreased by 1.31 p.p. compared to 2022 (it was 94% in 2022 and cumulative exports from Kuwait were equal to $ 30 billion).
Where does Kuwait 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 Kuwait in 2023:
- Areas, nes with a share of 99% (78 billion US$)
- United Arab Emirates - 62 million US$
- India - 15.1 million US$
- Jordan - 1.27 million US$
- Iraq - 1.01 million US$
- South Africa - 534 thousand US$
- Qatar - 341 thousand US$
- China - 192 thousand US$
- Egypt - 174 thousand US$
- Somalia - 151 thousand US$
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Kuwait in 2023 represented by the following main commodity groups:
- 63% (49 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 32% (25 billion US$): 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
- 4.01% (3.13 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0% (518 thousand US$): 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% (496 thousand US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0% (483 thousand US$): 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% (70 thousand US$): 2703 - Peat (including peat litter), whether or not agglomerated.
- 0% (63 thousand US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
- 0% (2.98 thousand US$): 2705 - Coal gas, water gas, producer gas and similar gases, other than petroleum gases and other gaseous hydrocarbons
- 0% (1.83 thousand US$): 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
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Kuwait totalled $ 241 million in 2023. Sales of commodity group 27 to Kuwait went up by 294% compared to 2022: imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" went up by $ 180 million (the value of imports of commodity group 27 to Kuwait was equal to $61 million in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 0.643% of total import flow to Kuwait (in 2023, total imports to Kuwait amounted to $ 37 billion). The share of commodity group 27 in total imports to Kuwait increased by 0.087 p.p. compared to 2022 (it was 0.555% in 2022 and cumulative imports to Kuwait were equal to $ 11 billion).
Where does Kuwait 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 Kuwait in 2023:
- United Arab Emirates with a share of 45% (110 million US$)
- USA with a share of 12.3% (29 million US$)
- Belgium with a share of 8.49% (20 million US$)
- Germany with a share of 4.69% (11.3 million US$)
- Mozambique with a share of 4.13% (9.96 million US$)
- Oman with a share of 3.72% (8.97 million US$)
- Saudi Arabia with a share of 2.07% (4.99 million US$)
- France with a share of 2.04% (4.93 million US$)
- Turkey with a share of 1.98% (4.79 million US$)
- Korea with a share of 1.96% (4.74 million US$)
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Kuwait in 2023 represented by the following main commodity groups:
- 69% (168 million US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 12.6% (30 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 8.71% (21 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 3.8% (9.18 million US$): 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
- 1.9% (4.59 million US$): 2703 - Peat (including peat litter), whether or not agglomerated.
- 1.54% (3.72 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.764% (1.84 million US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
- 0.299% (722 thousand US$): 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)
- 0.277% (669 thousand US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.249% (600 thousand US$): 2711 - Petroleum gases and other gaseous hydrocarbons
