HS Icon Crude Petroleum in  Flag China

2019
Exports | Imports
: $240M | $204B, World Rnk 59 / 135
Flag Rnk 668 / 1216 | World Rnk 1 / 156
Flag Rnk 1 / 1212

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $46.9M | $9.27B, Singapore |  Saudi Arabia

2019
ECONOMIC COMPLEXITY of China
: 1, Rnk 30 / 147

2019
PRODUCT COMPLEXITY  IN Crude Petroleum
: -3.02, Rnk 1029 / 1029

Exports In 2019, China exported $240M in Crude Petroleum, making it the 59th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 668th most exported product in China. The main destination of Crude Petroleum exports from China are: Singapore ($98.8M), South Korea ($80.6M), Myanmar ($58.2M), Philippines ($1.99M), and Indonesia ($218k).

The fastest growing export markets for Crude Petroleum of China between 2018 and 2019 were Singapore ($46.9M), Indonesia ($38k), and Cambodia ($20.5k).

Imports In 2019, China imported $204B in Crude Petroleum, becoming the 1st largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in China. China imports Crude Petroleum primarily from: Saudi Arabia ($35.5B), Russia ($33.7B), Iraq ($21.1B), Angola ($20B), and Brazil ($15.5B).

The fastest growing import markets in Crude Petroleum for China between 2018 and 2019 were Saudi Arabia ($9.27B), Iran ($2.16B), and Gabon ($1.34B).

September 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - September 2021): $25.4M, (154%)

IMPORT GROWTH (September 2020 - September 2021): $5.95B, (38.2%)

MAIN EXPORTER (September 2021): Liaoning Province, $41.9M

MAIN DESTINATION (September 2021): India, $41.9M

This section shows Crude Petroleum's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Crude Petroleum over time.

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Historical Data

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EXPORTS (2019): $240M

IMPORTS (2019): $204B

NET TRADE (2019): -$204B

In 2019, China exported $240M in Crude Petroleum. The main destinations of China exports on Crude Petroleum were Singapore ($98.8M), South Korea ($80.6M), Myanmar ($58.2M), Philippines ($1.99M), and Indonesia ($218k).

In 2019, China imported $204B in Crude Petroleum, mainly from Saudi Arabia ($35.5B), Russia ($33.7B), Iraq ($21.1B), Angola ($20B), and Brazil ($15.5B).

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IN 2019, China HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

IN 2019, China HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR China WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY China WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2019, China's main exporting competitors in Crude Petroleum were:

In 2019, China's main importing competitors in Crude Petroleum were:

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Tariffs by Country

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In 2018, the tariffs for Crude Petroleum in the imports of China were of 0% around the world.