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Classification 4233 for Standard International Trade Classification (SITC).

2018
World Trade $3.21BRnk 176 / 237
2018
Top Exporter | Top Importer $549M | $459MChina | United States
2017 - 2018
Export Growth (CAGR) 7.48%Rnk 203 / 237

About

Overview This page contains the latest trade data of Petroleum, petroleum products and related materials. In 2018, Petroleum, petroleum products and related materials were the world's 176th most traded product, with a total trade of $3.21B. Between 2017 and 2018 the exports of Petroleum, petroleum products and related materials grew by 7.48%, from $2.99B to $3.21B. Trade in Petroleum, petroleum products and related materials represent 0.017% of total world trade.

Petroleum, petroleum products and related materials are a part of Mineral fuels, lubricants and related materials. They include Residual petroleum products, n.e.s. and related materials.

Exports In 2018 the top exporters of Petroleum, petroleum products and related materials  were China ($549M), Germany ($370M), United States ($340M), South Africa ($204M), and Malaysia ($199M).

Imports In 2018 the top importers of Petroleum, petroleum products and related materials were United States ($459M), Germany ($326M), Poland ($201M), Canada ($192M), and Mexico ($183M).

Historical Data

Exporters and Importers

Top Origin (2018)China$549M
Top Destination (2018)United States$459M

In 2018 Petroleum, petroleum products and related materials were the world's 176th most traded product (out of 237).

In 2018, the top exporters of Petroleum, petroleum products and related materials were China ($549M), Germany ($370M), United States ($340M), South Africa ($204M), and Malaysia ($199M).

In 2018, the top importers of Petroleum, petroleum products and related materials were United States ($459M), Germany ($326M), Poland ($201M), Canada ($192M), and Mexico ($183M).

Explore Visualizations

Exporters of Petroleum, petroleum products and related materials (2018)
[Click to Select a Country]

Importers of Petroleum, petroleum products and related materials (2018)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2017 -  2018)Rest of the world$84.9M
Top Destination Growth (2017 -  2018)Vietnam$60M

Between 2017 and 2018, the exports of Petroleum, petroleum products and related materials grew the fastest in Rest of the world ($84.9M), Thailand ($78.2M), Singapore ($47M), India ($33M), and Germany ($28.2M).

Between 2017 and 2018, the fastest growing importers of Petroleum, petroleum products and related materials were Vietnam ($60M), Canada ($43.8M), Thailand ($37.7M), Japan ($35.8M), and Netherlands ($32.7M).

Explore Visualizations

Exporters of Petroleum, petroleum products and related materials (2017 - 2018)

Importers of Petroleum, petroleum products and related materials (2017 - 2018)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Petroleum, petroleum products and related materials.

Explore Visualizations

Value of Exports in Petroleum, petroleum products and related materials

Net Trade

TOP NET EXPORTER (2018)China$438M
TOP NET IMPORTER (2018)Mexico$183M

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

In 2018, the countries that had a largest trade value in exports than in imports of Petroleum, petroleum products and related materials were China ($438M), South Africa ($169M), Malaysia ($163M), Russia ($102M), and Egypt ($68.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Petroleum, petroleum products and related materials were Mexico ($183M), Poland ($140M), United States ($119M), Canada ($77.6M), and Australia ($32.5M).

Net Trade (2018)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Petroleum, petroleum products and related materials by percentage of total exports

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