Which Country Imports the Most Petroleum Oils and Not Crude Bituminous Minerals Oils in the World?

Global petroleum oils and not crude bituminous minerals oils imports amounted to X tonnes in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Over the period under review, global petroleum oils and not crude bituminous minerals oils imports reached its maximum volume in 2016, and are expected to retain its growth in the near future.

In value terms, petroleum oils and not crude bituminous minerals oils imports stood at $X in 2016. In general, petroleum oils and not crude bituminous minerals oils imports continue to indicate a mild curtailment. Over the period under review, global petroleum oils and not crude bituminous minerals oils imports attained its maximum level of $X in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.

Top Petroleum Oils And Not Crude Bituminous Minerals Oils Importing Countries in the World

X. USA (X billion USD)

X. Singapore (X billion USD)

X. Netherlands (X billion USD)

X. Belgium (X billion USD)

X. South Korea (X billion USD)

X. China (X billion USD)

X. Canada (X billion USD)

X. India (X billion USD)

X. United Arab Emirates (X billion USD)

X. Russia (X billion USD)

X. Saudi Arabia (X billion USD)

X. Kuwait (X billion USD)

Petroleum Oils And Not Crude Bituminous Minerals Oils Imports By Country

The countries with the highest levels of petroleum oils and not crude bituminous minerals oils imports in 2016 were Russia (X tonnes), the Netherlands (X tonnes), Singapore (X tonnes), the U.S. (X tonnes), India (X tonnes), South Korea (X tonnes), Belgium (X tonnes), China (X tonnes), Kuwait (X tonnes), Saudi Arabia (X tonnes), Canada (X tonnes), and United Arab Emirates (X tonnes), together reaching X% of total import.

From 2007 to 2016, the most notable growth rate of petroleum oils and not crude bituminous minerals oils imports, among the main importing countries, was attained by Singapore (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest petroleum oils and not crude bituminous minerals oils markets worldwide were the U.S. ($X), Singapore ($X) and the Netherlands ($X), with a combined X% share of global imports.Belgium, South Korea, China, Canada, India, United Arab Emirates, Russia, Saudi Arabia and Kuwait lagged somewhat behind, together comprising a further X%.

Saudi Arabia (+X% per year) recorded the highest rates of growth with regard to the petroleum oils and not crude bituminous minerals oils imports, in terms of the main importing countries, over the last X years, while the other global leaders experienced more modest paces of growth.

Petroleum Oils And Not Crude Bituminous Minerals Oils Import Prices By Country

The average petroleum oils and not crude bituminous minerals oils import price stood at $X per tonne in 2016, reducing by -X% against the previous year. In general, petroleum oils and not crude bituminous minerals oils import price continues to indicate a temperate deduction. The most prominent rate of growth was recorded in 2011, when import price increased by X% y-o-y. Over the period under review, average petroleum oils and not crude bituminous minerals oils import price attained its maximum level of $X per tonne in 2012; however, from 2013 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the U.S. ($X per tonne), while Kuwait ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of petroleum oils and not crude bituminous minerals oils import prices was attained by Saudi Arabia (+X% per year), while the other global leaders experienced more modest paces of growth.

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

Source: IndexBox AI Platform