Overview In June 2023 China's Crude Petroleum exports accounted up to $77M and imports accounted up to $28.2B, resulting in a negative trade balance of $28.1B. Between December 2021 and June 2023 the exports of China's Crude Petroleum have decreased by $-184M (-70.5%) from $261M to $77M, while imports decreased by $-406M (-1.42%) from $28.6B to $28.2B.
Destinations In June 2023, Crude Petroleum were exported mostly to Malaysia ($77M), and were imported mostly from Russia ($5.23B), Saudi Arabia ($4.56B), Malaysia ($2.78B), United Arab Emirates ($2.35B), and Iraq ($2.25B).
Growth In June 2023, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to . In June 2023, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from Kazakhstan ($-83.8M or -71.8%), Colombia ($-39.5M or -14.8%), and Indonesia ($-33.9k or -0.1%).