Overview This page contains the latest trade data of Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes. In 2020, Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes were the world's 3rd most traded product, with a total trade of $1.49T. Between 2019 and 2020 the exports of Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes N/A by N/A, from $2.24T to $1.49T. Trade in Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes represent 8.88% of total world trade.
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes are a part of Mineral Products. They include Mineral fuels, mineral oils and products of their distillation.
Exports In 2020 the top exporters of Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes were Russia ($161B), United States ($158B), Saudi Arabia ($109B), United Arab Emirates ($69.9B), and Canada ($68.5B).
Imports In 2020 the top importers of Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes were China ($227B), United States ($119B), India ($102B), Japan ($95.2B), and South Korea ($80.9B).
Tariffs In 2018 the average tariff for Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes was 3.67%, making it the 88th lowest tariff using the HS2 product classification.
The countries with the highest import tariffs for Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes are Austria (25.6%), Bermuda (20.9%), Cayman Islands (19.3%), and Comoros (18.6%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes ranks 96th in the Product Complexity Index (PCI).