USA | 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 USA totalled $ 323 billion in 2023. Sales of commodity group 27 from USA 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 $ 55 billion (cumulative exports of commodity group 27 from USA amounted $378 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 16% of total exports from USA (cumulative merchandise exports from USA totalled $ 2.01 trillion in 2023). The share of commodity group 27 in total exports from USA decreased by 2.34 p.p. compared to 2022 (it was 18.3% in 2022 and cumulative exports from USA were equal to $ 2.06 trillion).
Where does USA 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 USA in 2023:
- Mexico with a share of 13.9% (45 billion US$)
- Netherlands with a share of 9.45% (30 billion US$)
- Canada with a share of 8.87% (28 billion US$)
- China with a share of 6.1% (19.7 billion US$)
- Korea with a share of 5.32% (17.2 billion US$)
- United Kingdom with a share of 4.12% (13.3 billion US$)
- Japan with a share of 3.73% (12 billion US$)
- France with a share of 3.43% (11.1 billion US$)
- India with a share of 3.41% (11 billion US$)
- Singapore with a share of 3.02% (9.78 billion US$)
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from USA in 2023 represented by the following main commodity groups:
- 36% (117 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 34% (112 billion US$): 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
- 20% (67 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 4.76% (15.3 billion US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 1.89% (6.13 billion US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.48% (1.55 billion US$): 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
- 0.367% (1.18 billion US$): 2716 - Electrical energy. (optional heading)
- 0.18% (584 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
- 0.115% (373 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.027% (88 million US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to USA totalled $ 266 billion in 2023. Sales of commodity group 27 to USA decreased by 17.3% 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 $ 56 billion (the value of imports of commodity group 27 to USA was equal to $322 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 8.41% of total import flow to USA (in 2023, total imports to USA amounted to $ 3.16 trillion). The share of commodity group 27 in total imports to USA decreased by 1.15 p.p. compared to 2022 (it was 9.56% in 2022 and cumulative imports to USA were equal to $ 3.37 trillion).
Where does USA 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 USA in 2023:
- Canada with a share of 49% (131 billion US$)
- Mexico with a share of 9.38% (25 billion US$)
- Saudi Arabia with a share of 5.29% (14.1 billion US$)
- Iraq with a share of 3.34% (8.91 billion US$)
- Brazil with a share of 3.12% (8.31 billion US$)
- Colombia with a share of 2.69% (7.19 billion US$)
- Nigeria with a share of 2.01% (5.37 billion US$)
- India with a share of 1.92% (5.13 billion US$)
- Korea with a share of 1.83% (4.89 billion US$)
- Ecuador with a share of 1.6% (4.28 billion US$)
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to USA in 2023 represented by the following main commodity groups:
- 64% (172 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 25% (69 billion US$): 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
- 6.01% (16 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 1.29% (3.44 billion US$): 2716 - Electrical energy. (optional heading)
- 1.03% (2.75 billion US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.365% (975 million US$): 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
- 0.222% (592 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.185% (494 million US$): 2703 - Peat (including peat litter), whether or not agglomerated.
- 0.125% (335 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.069% (185 million US$): 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)
