271390 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Residues of petroleum oils etc. nes. In 2023, Residues of petroleum oils etc. nes were the world's 2098th most traded product, with a total trade of $1.01B. Between 2022 and 2023 the exports of Residues of petroleum oils etc. nes decreased by -24.6%, from $1.34B to $1.01B. Trade in Residues of petroleum oils etc. nes represent 0.0045% of total world trade.

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

Exports In 2023 the top exporters of Residues of petroleum oils etc. nes  were Indonesia ($534M), Japan ($98.2M), United States ($62.7M), Russia ($58.7M), and Germany ($57.1M).

Imports In 2023 the top importers of Residues of petroleum oils etc. nes were Singapore ($485M), Netherlands ($69.8M), Italy ($52.4M), India ($45.4M), and Malaysia ($45.4M).

Ranking Residues of petroleum oils etc. nes ranks 3815th in the Product Complexity Index (PCI).

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

Latest Data

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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 (2023)Indonesia$534M
Top Destination (2023)Singapore$485M

In 2023 Residues of petroleum oils etc. nes were the world's 2098th most traded product (out of 4,644).

In 2023, the top exporters of Residues of petroleum oils etc. nes were Indonesia ($534M), Japan ($98.2M), United States ($62.7M), Russia ($58.7M), and Germany ($57.1M).

In 2023, the top importers of Residues of petroleum oils etc. nes were Singapore ($485M), Netherlands ($69.8M), Italy ($52.4M), India ($45.4M), and Malaysia ($45.4M).

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Exporters of Residues of petroleum oils etc. nes (2023)
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Importers of Residues of petroleum oils etc. nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$26.5M
Top Destination Growth (2022 -  2023)Singapore$49.4M

Between 2022 and 2023, the exports of Residues of petroleum oils etc. nes grew the fastest in United States ($26.5M), Russia ($25.9M), France ($7.33M), Spain ($3.81M), and Romania ($3.08M).

Between 2022 and 2023, the fastest growing importers of Residues of petroleum oils etc. nes were Singapore ($49.4M), Netherlands ($21.5M), China ($17M), Kazakhstan ($12.5M), and Georgia ($10.8M).

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Exporters of Residues of petroleum oils etc. nes (2022 - 2023)

Importers of Residues of petroleum oils etc. nes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.72. 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 (2023)Indonesia$534M
TOP NET IMPORTER (2023)Singapore$479M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Residues of petroleum oils etc. nes were Indonesia ($534M), Japan ($58.6M), United States ($49.8M), Germany ($48.6M), and United Kingdom ($47.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Residues of petroleum oils etc. nes were Singapore ($479M), Netherlands ($62M), Italy ($50.5M), India ($44.5M), and Kazakhstan ($41.9M).

Net Trade (2023)

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 (2023)

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