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271390 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.32BRnk 1884 / 4648
2022
Top Exporter | Top Importer $722M | $436MIndonesia | Singapore
2022
Product Complexity -0.51Rnk 3222 / 4653
2021 - 2022
Export Growth (CAGR) 55%Rnk 150 / 4648
2022
Share of World Trade 0.0056%Rnk 1884 / 4648

About

Overview This page contains the latest trade data of Residues of petroleum oils etc. nes. In 2022, Residues of petroleum oils etc. nes were the world's 1884th most traded product, with a total trade of $1.32B. Between 2021 and 2022 the exports of Residues of petroleum oils etc. nes grew by 55%, from $854M to $1.32B. Trade in Residues of petroleum oils etc. nes represent 0.0056% of total world trade.

Residues of petroleum oils etc. nes are a part of Petroleum Coke.

Exports In 2022 the top exporters of Residues of petroleum oils etc. nes  were Indonesia ($722M), Japan ($112M), United Kingdom ($111M), Germany ($53.6M), and Canada ($44.8M).

Imports In 2022 the top importers of Residues of petroleum oils etc. nes were Singapore ($436M), Malaysia ($201M), Hong Kong ($150M), Italy ($63.1M), and Japan ($62.1M).

Ranking Residues of petroleum oils etc. nes ranks 3222nd in the Product Complexity Index (PCI).

Description The most common uses of residues of petroleum oils etc. is as fuel.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Residues of petroleum oils etc. nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Indonesia$722M
Top Destination (2022)Singapore$436M

In 2022 Residues of petroleum oils etc. nes were the world's 1884th most traded product (out of 4,648).

In 2022, the top exporters of Residues of petroleum oils etc. nes were Indonesia ($722M), Japan ($112M), United Kingdom ($111M), Germany ($53.6M), and Canada ($44.8M).

In 2022, the top importers of Residues of petroleum oils etc. nes were Singapore ($436M), Malaysia ($201M), Hong Kong ($150M), Italy ($63.1M), and Japan ($62.1M).

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Exporters of Residues of petroleum oils etc. nes (2022)
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Importers of Residues of petroleum oils etc. nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$494M
Top Destination Growth (2021 -  2022)Singapore$351M

Between 2021 and 2022, the exports of Residues of petroleum oils etc. nes grew the fastest in Indonesia ($494M), United Kingdom ($44.9M), Canada ($44.7M), Oman ($19M), and Germany ($18.2M).

Between 2021 and 2022, the fastest growing importers of Residues of petroleum oils etc. nes were Singapore ($351M), Hong Kong ($149M), Japan ($40.6M), United Kingdom ($21.4M), and Italy ($12.6M).

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Exporters of Residues of petroleum oils etc. nes (2021 - 2022)

Importers of Residues of petroleum oils etc. nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Residues of petroleum oils etc. nes.

In 2022, market concentration measured using Shannon Entropy, was 2.8. This means that most of the exports of Residues of petroleum oils etc. nes are explained by 6 countries.

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Value of Exports in Residues of petroleum oils etc. nes

Net Trade

TOP NET EXPORTER (2022)Indonesia$722M
TOP NET IMPORTER (2022)Singapore$418M

This map shows which countries export or import more of Residues of petroleum oils etc. nes. Each country is colored based on the difference in exports and imports of Residues of petroleum oils etc. nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Residues of petroleum oils etc. nes were Indonesia ($722M), United Kingdom ($87.8M), Japan ($49.9M), Germany ($46.1M), and Canada ($36.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Residues of petroleum oils etc. nes were Singapore ($418M), Malaysia ($178M), Italy ($62.1M), France ($38.8M), and Spain ($37.7M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Residues of petroleum oils etc. nes.
It is possible to select the main countries that export or import Residues of petroleum oils etc. nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Residues of petroleum oils etc. nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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