- Traded
- $2.99T2024
- Share of all trade
- 13%rank 2 of 96
- Exporters
- 219nations
- Importers
- 226nations
World trade by year, 1995 to 2024
In current US dollars, not adjusted for prices.
Largest exporters
In 2024, with each one's share of trade in the category.
| Nation | Value | Share | Since 2000 |
|---|---|---|---|
| United States | $341B | 11% | |
| Russia | $235B | 7.9% | |
| Saudi Arabia | $223B | 7.4% | |
| United Arab Emirates | $177B | 5.9% | |
| Canada | $148B | 5.0% | |
| Australia | $116B | 3.9% | |
| Norway | $112B | 3.7% | |
| Iraq | $109B | 3.6% | |
| Malaysia | $87.9B | 2.9% | |
| Netherlands | $80.6B | 2.7% | |
| Qatar | $77.9B | 2.6% | |
| Indonesia | $63.0B | 2.1% | |
| Belgium | $61.3B | 2.1% | |
| Brazil | $58.7B | 2.0% | |
| Kuwait | $58.5B | 2.0% | |
| Singapore | $56.8B | 1.9% | |
| Nigeria | $54.8B | 1.8% | |
| South Korea | $54.2B | 1.8% | |
| India | $53.7B | 1.8% | |
| Oman | $51.9B | 1.7% |
Largest importers
In 2024, with each one's share of trade in the category.
| Nation | Value | Share | Since 2000 |
|---|---|---|---|
| China | $481B | 16% | |
| United States | $247B | 8.3% | |
| India | $220B | 7.4% | |
| Japan | $165B | 5.5% | |
| South Korea | $160B | 5.4% | |
| Netherlands | $113B | 3.8% | |
| Germany | $108B | 3.6% | |
| France | $99.7B | 3.3% | |
| Singapore | $90.6B | 3.0% | |
| United Kingdom | $81.5B | 2.7% | |
| Italy | $80.6B | 2.7% | |
| Spain | $61.3B | 2.0% | |
| Belgium | $61.1B | 2.0% | |
| Taiwan | $57.5B | 1.9% | |
| Thailand | $50.2B | 1.7% | |
| Malaysia | $49.6B | 1.7% | |
| Indonesia | $38.9B | 1.3% | |
| Australia | $37.8B | 1.3% | |
| Brazil | $36.2B | 1.2% | |
| Turkey | $36.2B | 1.2% |
Largest flows
From one nation to another in 2024.
| From | To | Value | Share | Since 2000 |
|---|---|---|---|---|
| Canada | United States | $130B | 4.3% | |
| Russia | China | $95.2B | 3.2% | |
| Russia | India | $59.5B | 2.0% | |
| Saudi Arabia | China | $49.2B | 1.6% | |
| Iraq | China | $38.3B | 1.3% | |
| Malaysia | China | $36.5B | 1.2% | |
| United Arab Emirates | Japan | $35.5B | 1.2% | |
| Australia | Japan | $33.4B | 1.1% | |
| Netherlands | Belgium | $31.5B | 1.1% | |
| Saudi Arabia | South Korea | $30.4B | 1.0% | |
| United Arab Emirates | China | $30.0B | 1.0% | |
| Iraq | India | $29.7B | 1.0% | |
| Saudi Arabia | Japan | $29.1B | 1.0% | |
| United States | Mexico | $28.3B | 0.9% | |
| Oman | China | $27.8B | 0.9% | |
| United States | Canada | $27.3B | 0.9% | |
| Norway | United Kingdom | $26.0B | 0.9% | |
| Norway | Germany | $25.5B | 0.9% | |
| Australia | China | $24.9B | 0.8% | |
| United States | South Korea | $23.0B | 0.8% |
Largest products
The six-digit codes of the Harmonized System within the chapter, by world trade in 2024.
| Code | Product | Value | Share | Since 2000 |
|---|---|---|---|---|
| 270900 | Oils: petroleum oils and oils obtained from bituminous minerals, crude | $1.31T | 44% | |
| 271000 | Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils | $860B | 29% | |
| 271111 | Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas | $219B | 7.3% | |
| 271121 | Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $170B | 5.7% | |
| 270112 | Coal: bituminous, whether or not pulverised, but not agglomerated | $117B | 3.9% | |
| 271600 | Electrical energy | $62.9B | 2.1% | |
| 271112 | Petroleum gases and other gaseous hydrocarbons: liquefied, propane | $57.9B | 1.9% | |
| 270119 | Coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated | $53.5B | 1.8% | |
| 271113 | Petroleum gases and other gaseous hydrocarbons: liquefied, butanes | $28.3B | 0.9% | |
| 270799 | Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707 | $15.5B | 0.5% |
Shares are of all trade in this category. The line is each figure’s history from 2000, drawn to its own peak: it shows the shape of the years, and the value shows the size.
See it in the explorer