Reporter

Product

domain

Returns ordinal version of a number with "th", "nd" or "st".

ordinal

Given a date, returns you the date in words
Year --> 2023= 2023
Quarter --> 20231 = 2023-Q1
Month --> 202301 == Jan 2023

time

Converts a country code to small flag icon.

flag

link

Abbreviates a number into a smaller more human-readible number.

abbreviate

incompleteYearName

Change month id to name (202405 --> May 2025)

longMonth

initMonthQuarterIncomplete

prevMonthQuarterIncomplete

icon

monthName

increaseOrDecreasePresent

Rounds to nearest whole number and adds commas.

commas

increaseOrDecreasePast

Return period in month when you have data in quarters

incompleteYearQuarter

timeFull

Return boolean (or boolean[]) if input country/ies are in subnational countries list.

hasSubnat

Return boolean (or boolean[]) if input country/ies are in subnational complexity countries list.

hasComplexitySubnat

hasCountryLatestTrends

apostrophe

Returns boolean if the subnational cube has HS classification

hasSubnatHS

Checks if the cube should have complexity values at subnational profile

subnationalComplexityAvailability

lowerCaseFirst

ordinalSuperscript

If n < 20 returns the number name, else returns the number

numbersWord

countryPotentialExportsAvailability

Adds abbreviate with subnational data currency support

abbreviateSubnat

symmetricRange

hasSubnatMap

dollar

Joins an array of strings together, adding commas and 'and' when necessary.

list

Calculates the growth percentage between two numbers provided the following object format: {curr, prev}. Also supports calculating the growth between two margin of errors using this format: {curr, currMoe, prev, prevMoe}.

growth

growthPct

shortMonthName

Bilateral Product

Section

Refined Petroleum

China

According to the Product Complexity Index (PCI), it was the 897th most complex product out of 1044, with a PCI value of -1.16.

Icon123

IconTrendingUp

tabler

transparent

Latest Trends

IconCalendarMonth

Historical Data

IconPackageExport

Growth Potential

none

Trade Balance

, primarily to <a href="/en/profile/reporter/sgp">Singapore</a> ($7.03B), <a href="/en/profile/reporter/hkg">Hong Kong</a> ($4.89B), and <a href="/en/profile/reporter/mys">Malaysia</a> ($4.21B).

, mainly from <a href="/en/profile/reporter/mys">Malaysia</a> ($7.41B), <a href="/en/profile/reporter/rus">Russia</a> ($7.32B), and <a href="/en/profile/reporter/kor">South Korea</a> ($3.33B).

Partner

Trade Flow

Time

Unit

Subnat Geography

Trade Value

Quantity

Unit Value

trade_s_chn_m_hs

HS4 27.10 (Harmonized System 1992 for 4-digits)

Market Growth and Net Trade

Subnational Monthly Trade

In 2024, some companies involved in the trade of <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> between <a href="/en/profile/country/chn">China</a> and <a href="/en/profile/country/usa">United States</a> were: <a href="/en/profile/company/panasonic">Panasonic</a> (39), <a href="/en/profile/company/lg-electronics">LG Electronics</a> (12), and <a href="/en/profile/company/euromarket-designs">Euromarket Designs</a> (11).

Click on any date on the time series, any subnational region on the first treemap, or any destination or origin on the second treemap to explore.

In March 2025, <a href="/en/profile/country/chn">China</a> exported <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> mostly to <a href="/en/profile/country/sgp">Singapore</a> ($669M), <a href="/en/profile/country/hkg">Hong Kong</a> ($596M), <a href="/en/profile/country/aus">Australia</a> ($294M), <a href="/en/profile/country/phl">Philippines</a> ($246M), and <a href="/en/profile/country/lbr">Liberia</a> ($206M). During the same month, <a href="/en/profile/country/chn">China</a> imported <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> mostly from <a href="/en/profile/country/rus">Russia</a> ($547M), <a href="/en/profile/country/are">United Arab Emirates</a> ($372M), <a href="/en/profile/country/kor">South Korea</a> ($286M), <a href="/en/profile/country/mys">Malaysia</a> ($237M), and <a href="/en/profile/country/sgp">Singapore</a> ($232M).

In March 2025, the year-on-year exports of <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> from <a href="/en/profile/country/chn">China</a> decreased by 20.8%. This was explained primarily by a decrease in exports to Singapore (-$522M or -43.8%), Hong Kong (-$187M or -23.9%), and Malaysia (-$158M or -72.3%). During the same month, year-on-year imports of <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> to <a href="/en/profile/country/chn">China</a> increased by 1.77%. This was explained primarily by an increase in imports from United Arab Emirates (+$232M or 167%), India (+$184M or 684%), and Qatar (+$140M or 314%).

In March 2025, <a href="/en/profile/country/chn">China</a> exported $3.68B and imported $2.73B of <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a>, resulting in a positive trade balance of $950M. Between February 2025 and March 2025, the exports of <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> from <a href="/en/profile/country/chn">China</a> increased by $1.16B (46%), from $2.52B to $3.68B. During the same period, imports increased by $793M (40.9%), from $1.94B to $2.73B.

The following map shows the market growth of <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> exports from <a href="/en/profile/country/chn">China</a> between the selected years.

<a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> are part of <a href="/en/profile/hs/mineral-fuels-mineral-oils-and-products-of-their-distillation">Mineral fuels, mineral oils and products of their distillation</a> and include: <a href="/en/profile/hs/bituminous-petroleum-distillates-excl-crude">Bituminous Petroleum Distillates (Excl. Crude)</a>.

In 2024, <a href="/en/profile/country/chn">China</a> exported $42.6B of <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a>, being the 11st most exported product (out of 1,211) in <a href="/en/profile/country/chn">China</a>. In 2024, the main destinations of China's <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> exports were: <a href="/en/profile/country/hkg">Hong Kong</a> ($7.91B), <a href="/en/profile/country/sgp">Singapore</a> ($7.79B), <a href="/en/profile/country/phl">Philippines</a> ($2.95B), <a href="/en/profile/country/lbr">Liberia</a> ($2.19B), and <a href="/en/profile/country/aus">Australia</a> ($2.06B).

In 2024, <a href="/en/profile/country/chn">China</a> imported $29.3B of <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a>, being the 14th most imported product (out of 1,199) in <a href="/en/profile/country/chn">China</a>. In 2024, the main origins of China's <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> imports were: <a href="/en/profile/country/rus">Russia</a> ($7.81B), <a href="/en/profile/country/mys">Malaysia</a> ($6.97B), <a href="/en/profile/country/kor">South Korea</a> ($3.07B), <a href="/en/profile/country/are">United Arab Emirates</a> ($2.61B), and <a href="/en/profile/country/sgp">Singapore</a> ($1.85B).

The fastest growing origins for <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> imports in <a href="/en/profile/country/chn">China</a> between 2023 and 2024 were: <a href="/en/profile/country/irq">Iraq</a> ($953M), <a href="/en/profile/country/rus">Russia</a> ($640M), and <a href="/en/profile/country/are">United Arab Emirates</a> ($446M).

The fastest growing markets for <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> exports in <a href="/en/profile/country/chn">China</a> between 2023 and 2024 were: <a href="/en/profile/country/idn">Indonesia</a> ($475M), <a href="/en/profile/country/aus">Australia</a> ($422M), and <a href="/en/profile/country/mhl">Marshall Islands</a> ($415M).

Importing Companies

IconShip

Bill of Lading

Click on any importing company on the treemap, or any destination state on the map to explore.

The chart visualizes the number of import shipments of <a href="/en/profile/hs/refined-petroleum">Refined Petroleum</a> made by companies in the <a href="/en/profile/country/usa">United States</a> from <a href="/en/profile/country/chn">China</a> during the selected time period, colored by the region of destination. The map shows a breakdown of the shipments by their destination state.

Find the latest exports, imports and tariffs for Refined Petroleum trade in China.