Exports In 2023, Australia exported $128B in Mineral fuels, mineral oils and products of their distillation, making it the 7th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in Australia. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Australia are: Japan ($43.8B), China ($22B), India ($14.3B), Chinese Taipei ($13.1B), and South Korea ($8.46B).
The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Australia between 2022 and 2023 were China ($3.58B), Germany ($1.75B), and Spain ($145M).
Imports In 2023, Australia imported $42.3B in Mineral fuels, mineral oils and products of their distillation, becoming the 18th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 2nd most imported product in Australia. Australia imports Mineral fuels, mineral oils and products of their distillation primarily from: South Korea ($11.1B), Singapore ($8.4B), Malaysia ($8.01B), Chinese Taipei ($2.71B), and China ($2.18B).
The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Australia between 2022 and 2023 were Malaysia ($1.73B), South Korea ($1.05B), and China ($345M).
COMPANIES In 2023, leading companies such as Lawrence Wholesale (1) were at the forefront of shipping Mineral fuels, mineral oils and products of their distillation from Australia to the United States.