Malaysia | 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 Malaysia totalled $ 51 billion in 2023. Sales of commodity group 27 from Malaysia decreased by 14.6% 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 $ 8.84 billion (cumulative exports of commodity group 27 from Malaysia amounted $60 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 16.5% of total exports from Malaysia (cumulative merchandise exports from Malaysia totalled $ 312 billion in 2023). The share of commodity group 27 in total exports from Malaysia decreased by 0.641 p.p. compared to 2022 (it was 17.1% in 2022 and cumulative exports from Malaysia were equal to $ 352 billion).
Where does Malaysia 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 Malaysia in 2023:
- Singapore with a share of 15.1% (7.81 billion US$)
- Japan with a share of 13.7% (7.11 billion US$)
- Australia with a share of 11.9% (6.17 billion US$)
- Korea with a share of 9.25% (4.77 billion US$)
- China with a share of 8.53% (4.4 billion US$)
- Indonesia with a share of 8.51% (4.39 billion US$)
- Thailand with a share of 5.96% (3.08 billion US$)
- Vietnam with a share of 3.53% (1.82 billion US$)
- Bangladesh with a share of 2.69% (1.39 billion US$)
- Philippines with a share of 2.67% (1.37 billion US$)
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Malaysia in 2023 represented by the following main commodity groups:
- 56% (29 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 28% (14.5 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 13.5% (7 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 0.656% (338 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.261% (135 million US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.179% (92 million US$): 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
- 0.116% (60 million US$): 2716 - Electrical energy. (optional heading)
- 0.071% (36 million US$): 2706 - Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars
- 0.037% (19.1 million US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
- 0.032% (16.8 million US$): 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 Malaysia totalled $ 50 billion in 2023. Sales of commodity group 27 to Malaysia decreased by 8.23% 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 $ 4.55 billion (the value of imports of commodity group 27 to Malaysia was equal to $55 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 19.1% of total import flow to Malaysia (in 2023, total imports to Malaysia amounted to $ 265 billion). The share of commodity group 27 in total imports to Malaysia increased by 0.316 p.p. compared to 2022 (it was 18.7% in 2022 and cumulative imports to Malaysia were equal to $ 294 billion).
Imports of commodity group 27 reached 99% of total imports of group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Malaysia in 2023 (imports of commodity group 27 to Malaysia totalled $50 billion in 2023). The share of purchases of commodity group 27 in imports of commodity group 27 to Malaysia went down by 0 p.p. compared to 2022 (it was 100% in 2022, and imports of commodity group 27 to Malaysia accounted for $55 billion).
Where does Malaysia import Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes from?
Top trading partners (import of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes") of Malaysia in 2023:
- Singapore with a share of 19.1% (9.73 billion US$)
- Saudi Arabia with a share of 17.1% (8.69 billion US$)
- China with a share of 8.82% (4.47 billion US$)
- United Arab Emirates with a share of 8.15% (4.14 billion US$)
- Indonesia with a share of 7.94% (4.03 billion US$)
- Australia with a share of 6.98% (3.54 billion US$)
- Korea with a share of 6.75% (3.43 billion US$)
- Russia with a share of 3.99% (2.02 billion US$)
- India with a share of 2.86% (1.45 billion US$)
- Other Asia, nes with a share of 2.71% (1.37 billion US$)
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Malaysia in 2023 represented by the following main commodity groups:
- 56% (28 billion US$): 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
- 26% (13.5 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 10.2% (5.19 billion US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 4.25% (2.16 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 1% (509 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.752% (382 million US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.507% (257 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.214% (108 million US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
- 0.093% (47 million US$): 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
- 0.015% (7.65 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
