Mineral fuels, mineral oils and products of their distillation in   China

Overview In September 2024 China's Mineral fuels, mineral oils and products of their distillation exports accounted up to $4.62B and imports accounted up to $41.7B, resulting in a negative trade balance of $37B. Between September 2023 and September 2024 the exports of China's   Mineral fuels, mineral oils and products of their distillation have decreased by $-799M (-14.7%) from $5.42B to $4.62B, while imports decreased by $-1.99B (-4.57%) from $43.6B to $41.7B.

Destinations In September 2024, Mineral fuels, mineral oils and products of their distillation were exported mostly to Hong Kong ($1.02B), Singapore ($666M), Japan ($321M), Malaysia ($263M), and Liberia ($246M), and were imported mostly from Russia ($7.45B), Saudi Arabia ($4.51B), Malaysia ($4.23B), Iraq ($3.04B), and United Arab Emirates ($2.57B).

Growth In September 2024, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year exports was explained primarily by a decrease in exports to Panama ($-172M or -57.7%), Spain ($-125M or -98.5%), and Liberia ($-117M or -36.2%). In September 2024, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year imports was explained primarily by a decrease in imports from Oman ($-1.56B or -43.6%), United States ($-1.42B or -47.4%), and Iraq ($-1.3B or -33%).