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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Myanmar | Imports and Exports | World | Petroleum oils and oils, other than crude | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 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" from Myanmar totalled $ 91 million in 2023. Sales of commodity group 2710 from Myanmar went up by 167% compared to 2022: exports of commodity group 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" went up by $ 57 million (cumulative exports of commodity group 2710 from Myanmar amounted $34 million in 2022)

Exports of commodity group 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" amounted to 0.618% of total exports from Myanmar (cumulative merchandise exports from Myanmar totalled $ 14.7 billion in 2023). The share of commodity group 2710 in total exports from Myanmar increased by 0.418 p.p. compared to 2022 (it was 0.199% in 2022 and cumulative exports from Myanmar were equal to $ 17 billion).

Exports of commodity group 2710 amounted to 2.55% of total sales of group "" from Myanmar in 2023 (the value of exports of commodity group from Myanmar amounted to $3.57 billion in 2023). The share of exports of commodity group 2710 in sales of commodity group from Myanmar increased by 1.7 p.p. compared to 2022 (it was 0.849% in 2022, and exports of commodity group from Myanmar were $4.01 billion).

Where does Myanmar export 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?

Top export destinations of "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" from Myanmar in 2023:

  • Areas, nes with a share of 83% (76 million US$)
  • USA with a share of 7.03% (6.41 million US$)
  • Singapore with a share of 6.95% (6.34 million US$)
  • China with a share of 1.61% (1.46 million US$)
  • Hong Kong - 316 thousand US$
  • Thailand - 238 thousand US$

Exports structure of 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 - from Myanmar in 2023 represented by the following main commodity groups:

  • 99% (91 million US$): 271019 - Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations

The value of imports of commodity group 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" to Myanmar totalled $ 5.19 billion in 2023. Sales of commodity group 2710 to Myanmar went up by 3.38% compared to 2022: imports of commodity group 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" went up by $ 170 million (the value of imports of commodity group 2710 to Myanmar was equal to $5.02 billion in 2022)

Imports of commodity group 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" accounted for 31% of total import flow to Myanmar (in 2023, total imports to Myanmar amounted to $ 16.4 billion). The share of commodity group 2710 in total imports to Myanmar increased by 2.72 p.p. compared to 2022 (it was 28% in 2022 and cumulative imports to Myanmar were equal to $ 17.4 billion).

Imports of commodity group 2710 reached 96% of total imports of group "" to Myanmar in 2023 (imports of commodity group to Myanmar totalled $5.4 billion in 2023). The share of purchases of commodity group 2710 in imports of commodity group to Myanmar went down by 0.119 p.p. compared to 2022 (it was 96% in 2022, and imports of commodity group to Myanmar accounted for $5.21 billion).

Where does Myanmar import 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 from?

Top trading partners (import of "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") of Myanmar in 2023:

  • Singapore with a share of 67% (3.5 billion US$)
  • Malaysia with a share of 19.8% (1.02 billion US$)
  • Indonesia with a share of 7.08% (367 million US$)
  • Thailand with a share of 3.87% (200 million US$)
  • China - 25 million US$
  • United Arab Emirates - 24 million US$
  • Kuwait - 11.5 million US$
  • Korea - 8.48 million US$
  • India - 7.04 million US$
  • Iran - 6.5 million US$

Imports structure of 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 - to Myanmar in 2023 represented by the following main commodity groups:

  • 64% (3.33 billion US$): 271019 - Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations
  • 0.003% (189 thousand US$): 271099 - Waste oils of petroleum or obtained from bituminous minerals, not crude other than those cont. polychlorinated biphenyls (PCBs)/polychlorinated terphenyls (PCTs)/polybrominated biphenyls (PBBs)

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Myanmar | Imports and Exports | World | Petroleum oils and oils, other than crude | Value (US$) and Value Growth, YoY (%) | 2012 - 2023