Overview This page contains the latest trade data of Mineral fuels, mineral oils and products of their distillation. In 2021, Mineral fuels, mineral oils and products of their distillation were the world's 2nd most traded product, with a total trade of $2.44T. Between 2020 and 2021 the exports of Mineral fuels, mineral oils and products of their distillation grew by 62.6%, from $1.5T to $2.44T. Trade in Mineral fuels, mineral oils and products of their distillation represent 11.6% of total world trade.
Mineral fuels, mineral oils and products of their distillation are a part of Mineral Products. They include Mineral fuels, mineral oils and products of their distillation.
Exports In 2021 the top exporters of Mineral fuels, mineral oils and products of their distillation were Russia ($258B), United States ($242B), Saudi Arabia ($180B), Canada ($120B), and United Arab Emirates ($112B).
Imports In 2021 the top importers of Mineral fuels, mineral oils and products of their distillation were China ($326B), United States ($206B), India ($159B), Japan ($137B), and South Korea ($124B).
Tariffs In 2018 the average tariff for Mineral fuels, mineral oils and products of their distillation was 3.67%, making it the 88th lowest tariff using the HS2 product classification.
Ranking Mineral fuels, mineral oils and products of their distillation ranks 96th in the Product Complexity Index (PCI).