Overview In October 2022 China's Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes exports accounted up to $5.21B and imports accounted up to $43.5B, resulting in a negative trade balance of $38.3B. Between October 2021 and October 2022 the exports of China's Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes have increased by $1.89B (56.9%) from $3.32B to $5.21B, while imports increased by $9.95B (29.7%) from $33.6B to $43.5B.
Destinations In October 2022, Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes were exported mostly to Hong Kong ($861M), Singapore ($848M), Netherlands ($652M), South Korea ($432M), and Malaysia ($221M), and were imported mostly from Russia ($7.84B), Saudi Arabia ($5.83B), United Arab Emirates ($3.78B), Iraq ($3.4B), and Malaysia ($3B).
Growth In October 2022, the increase in Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes's year-by-year exports was explained primarily by an increase in exports to Malaysia ($164M or 209%), Liberia ($55.4M or 92.4%), and Pakistan ($54.9M or 14.5k%). In October 2022, the increase in Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes's year-by-year imports was explained primarily by an increase in imports from United States ($1.63B or 7.31k%), Malaysia ($306M or 19.1%), and United Arab Emirates ($250M or 21.8%).
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes in 
China