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Who buys Japan’s refined petroleum products? Export destinations 2024

In 2024, Japan exported $7.2 billion of refined petroleum products (9.7 million tonnes), 0.8% of the world total. Its main destinations were Australia (19%), Singapore (14%) and South Korea (14%). Japan was the world’s 29th-largest exporter of refined petroleum products.

Summary

Value
$7.2billion
Tonnes
9.7million tonnes
Share of world total
0.8%
World rank
29th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Australia1.4Tonnes: 2,037,565USD per tonne: $67318.9%Sea
Singapore re-exports1Tonnes: 1,577,481USD per tonne: $65614.3%Sea
South Korea1Tonnes: 1,661,639USD per tonne: $61014%Sea
China0.97Tonnes: 1,104,877USD per tonne: $88013.4%Sea
Malaysia0.5Tonnes: 524,351USD per tonne: $9526.9%Sea
Chile0.47Tonnes: 568,301USD per tonne: $8306.5%Sea
Philippines0.38Tonnes: 553,673USD per tonne: $6785.2%Sea
United States0.35Tonnes: 348,946USD per tonne: $1,0134.9%Sea
New Zealand0.26Tonnes: 405,904USD per tonne: $6333.6%Sea
Hong Kong re-exports0.15Tonnes: 243,416USD per tonne: $6172.1%Sea
Bangladesh0.14Tonnes: 181,480USD per tonne: $7731.9%Sea
Taiwan0.14Tonnes: 105,047USD per tonne: $1,3021.9%Sea
Indonesia0.09Tonnes: 94,999USD per tonne: $9221.2%Sea
Thailand0.08Tonnes: 47,952USD per tonne: $1,7331.2%Sea
Peru0.07Tonnes: 78,909USD per tonne: $9261%Sea
Vietnam0.04Tonnes: 41,601USD per tonne: $1,0120.58%Sea
Russia0.03Tonnes: 5,252USD per tonne: $4,7860.35%Sea
Papua New Guinea0.02Tonnes: 21,368USD per tonne: $7710.23%Sea
India0.02Tonnes: 6,993USD per tonne: $2,2470.22%Sea
Mexico0.01Tonnes: 2,093USD per tonne: $6,2010.18%Sea

Trend

Who it sells to

Australia has been its main destination since 2022

Value in USD billions. The five largest destinations in 2024.

  • Australia 1.4
  • Singapore 1
  • South Korea 1
  • China 0.97
  • Malaysia 0.5

Source: CEPII BACI

Show the numbers
Partner19952024
Australia< 0.011.4
Singapore0.071
South Korea0.541
China0.190.97
Malaysia0.010.5

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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