Which Country Exports the Most Petroleum Cok and Petroleum Bitumen in the World?

In 2016, approx. X tonnes of petroleum cok and petroleum bitumen were exported worldwide; export ,therefore, remained relatively stable against the previous year level. The total export volume increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2015, when export increased by X% against the previous year level. In that year, global petroleum cok and petroleum bitumen exports reached its maximum volume of X tonnes, leveling off in the following year.

In value terms, petroleum cok and petroleum bitumen exports stood at $X in 2016. Overall, petroleum cok and petroleum bitumen exports continue to indicate a relatively flat trend pattern. Global petroleum cok and petroleum bitumen export peaked of $X in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.

Top Petroleum Cok and Petroleum Bitumen Exporting Countries in the World

X. USA (X million USD)

X. South Korea (X million USD)

X. Singapore (X million USD)

X. Spain (X million USD)

X. Canada (X million USD)

X. China (X million USD)

X. Germany (X million USD)

X. Indonesia (X million USD)

X. Belgium (X million USD)

X. Venezuela (X million USD)

X. Italy (X million USD)

X. Saudi Arabia (X million USD)

Petroleum Cok and Petroleum Bitumen Exports By Country

The U.S. (X tonnes) represented the major exporter of petroleum cok and petroleum bitumen in the world, finishing at X tonnes, which was near X% of total exports in 2016. Spain (X tonnes) took a X% share (based on tonnes) of global petroleum cok and petroleum bitumen exports, which put it in second place, following South Korea (X%). Canada (X tonnes), Singapore (X tonnes), Germany (X tonnes), China (X tonnes), Saudi Arabia (X tonnes), Indonesia (X tonnes), Belgium (X tonnes), Venezuela (X tonnes), and Italy (X tonnes) followed a long way behind this figure.

Exports from the U.S. increased at an average annual rate of +X% from 2007 to 2016. At the same time, Saudi Arabia (+X%), Spain (+X%), Singapore (+X%), South Korea (+X%), China (+X%), Canada (+X%), and Germany (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Indonesia experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), and Venezuela (-X%) illustrated a downward trend over the same period. Venezuela (X%) significantly strengthened its position in terms of the global exports, while Canada, Singapore, South Korea, Saudi Arabia, Spain, and the U.S. saw its share reduced by -X%, -X%, -X%, -X%, -X%, and -X% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest petroleum cok and petroleum bitumen supplier in the world, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with the share of X% of global exports. It was followed by Singapore, with the share of X%.

From 2007 to 2016, the average annual growth rate of value of petroleum cok and petroleum bitumen exports in the U.S. expanded at +X%. The remaining exporting countries recorded the following average annual rates: South Korea (+X% per year) and Singapore (+X% per year).

Petroleum Cok and Petroleum Bitumen Export Prices By Country

In 2016, the average export price for petroleum cok and petroleum bitumen amounted to $X per tonne, coming down by -X% against the previous year. In general, petroleum cok and petroleum bitumen export price continues to indicate a significant reduction. The most prominent rate of growth was recorded in 2008, when export increased by X% from the previous year level. Over the period under review, average petroleum cok and petroleum bitumen export price attained its maximum level of $X per tonne in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was Indonesia ($X per tonne), while the U.S. ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of petroleum cok and petroleum bitumen export prices was attained by Venezuela (+X% per year), while the other global leaders experienced mixed trends in the export price figures.

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This article was written on the product's HS-code: X.

Source: IndexBox Platform