Sign In
Pricing

Classification 523 for Standard International Trade Classification (SITC).

2018
World Trade $978BRnk 4 / 113
2018
Top Exporter | Top Importer $137B | $214BRussia | Rest of the world
2017 - 2018
Export Growth (CAGR) 69.3%Rnk 10 / 113

About

Overview This page contains the latest trade data of Mineral fuels, lubricants and related materials. In 2018, Mineral fuels, lubricants and related materials were the world's 4th most traded product, with a total trade of $978B. Between 2017 and 2018 the exports of Mineral fuels, lubricants and related materials grew by 69.3%, from $578B to $978B. Trade in Mineral fuels, lubricants and related materials represent 5.12% of total world trade.

Mineral fuels, lubricants and related materials are a part of Oil. They include Petroleum, petroleum products and related materials and Gas, natural and manufactured.

Exports In 2018 the top exporters of Mineral fuels, lubricants and related materials  were Russia ($137B), United Arab Emirates ($87.7B), United States ($82B), Canada ($78.6B), and Norway ($68.5B).

Imports In 2018 the top importers of Mineral fuels, lubricants and related materials were Rest of the world ($214B), China ($114B), United States ($99.2B), Netherlands ($59.9B), and South Korea ($43.1B).

Historical Data

Exporters and Importers

Top Origin (2018)Russia$137B
Top Destination (2018)Rest of the world$214B

In 2018 Mineral fuels, lubricants and related materials were the world's 4th most traded product (out of 113).

In 2018, the top exporters of Mineral fuels, lubricants and related materials were Russia ($137B), United Arab Emirates ($87.7B), United States ($82B), Canada ($78.6B), and Norway ($68.5B).

In 2018, the top importers of Mineral fuels, lubricants and related materials were Rest of the world ($214B), China ($114B), United States ($99.2B), Netherlands ($59.9B), and South Korea ($43.1B).

Explore Visualizations

Exporters of Mineral fuels, lubricants and related materials (2018)
[Click to Select a Country]

Importers of Mineral fuels, lubricants and related materials (2018)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2017 -  2018)United Arab Emirates$87.7B
Top Destination Growth (2017 -  2018)Rest of the world$214B

Between 2017 and 2018, the exports of Mineral fuels, lubricants and related materials grew the fastest in United Arab Emirates ($87.7B), Qatar ($65.6B), Kuwait ($54.5B), Angola ($35.8B), and United States ($35B).

Between 2017 and 2018, the fastest growing importers of Mineral fuels, lubricants and related materials were Rest of the world ($214B), China ($38B), Netherlands ($25.8B), South Korea ($15.1B), and Thailand ($13.2B).

Explore Visualizations

Exporters of Mineral fuels, lubricants and related materials (2017 - 2018)

Importers of Mineral fuels, lubricants and related materials (2017 - 2018)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mineral fuels, lubricants and related materials.

Explore Visualizations

Value of Exports in Mineral fuels, lubricants and related materials

Net Trade

TOP NET EXPORTER (2018)Russia$136B
TOP NET IMPORTER (2018)Rest of the world$213B

This map shows which countries export or import more of Mineral fuels, lubricants and related materials. Each country is colored based on the difference in exports and imports of Mineral fuels, lubricants and related materials during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Mineral fuels, lubricants and related materials were Russia ($136B), United Arab Emirates ($84.7B), Norway ($66.5B), Qatar ($65.6B), and Canada ($61B).

In 2018, the countries that had a largest trade value in imports than in exports of Mineral fuels, lubricants and related materials were Rest of the world ($213B), China ($110B), Netherlands ($58B), South Korea ($41.2B), and Japan ($39.9B).

Net Trade (2018)

Disaggregation

Value
Disaggregation

In 2018, the world most traded Mineral fuels, lubricants and related materials, disaggragated by their HS6 level were Petroleum, petroleum products and related materials ($738B) and Gas, natural and manufactured ($240B)

Subgroup Disaggregation for Mineral fuels, lubricants and related materials (2018)
[Click to Select]

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms