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Fuel and lubricant additives: top exporters and importers (2024)

In 2024, world trade in fuel and lubricant additives totaled $14.2 billion (3.6 million tonnes). The top exporters were the United States (22%), France (18%) and Singapore (14%); the top importers were China (7%), Germany (6%) and Singapore (6%). Compared with 2019, the value rose 11%.

Summary

World trade
$14.2billion
Tonnes
3.6million tonnes
Price per tonne
$3,908
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. United States$3.1 billion · 21.7%
  2. France$2.5 billion · 17.8%
  3. Singapore$2 billion · 14%
    re-exports
  4. Italy$1.2 billion · 8.5%
  5. Belgium$1 billion · 7.1%
    re-exports
  6. Germany$1 billion · 7.1%
  7. China$943 million · 6.6%
  8. India$398 million · 2.8%
  9. Japan$282 million · 2%
  10. Netherlands$249 million · 1.8%
    re-exports
  11. United Kingdom$242 million · 1.7%
  12. South Korea$217 million · 1.5%
  13. Canada$188 million · 1.3%
  14. Mexico$167 million · 1.2%
  15. Brazil$85 million · 0.6%
  16. United Arab Emirates$76 million · 0.53%
  17. Spain$45 million · 0.32%
  18. Australia$33 million · 0.23%
  19. Taiwan$29 million · 0.2%
  20. Slovakia$29 million · 0.2%

Top importers

  1. China$1 billion · 7.1%
  2. Germany$922 million · 6.5%
  3. Singapore$889 million · 6.3%
    re-exports
  4. France$858 million · 6%
  5. United States$834 million · 5.9%
  6. Belgium$766 million · 5.4%
    re-exports
  7. South Korea$514 million · 3.6%
  8. Italy$511 million · 3.6%
  9. United Arab Emirates$474 million · 3.3%
  10. Netherlands$435 million · 3.1%
    re-exports
  11. Canada$415 million · 2.9%
  12. Japan$408 million · 2.9%
  13. India$365 million · 2.6%
  14. Brazil$356 million · 2.5%
  15. Mexico$338 million · 2.4%
  16. Indonesia$317 million · 2.2%
  17. Turkey$296 million · 2.1%
  18. Spain$294 million · 2.1%
  19. Thailand$292 million · 2.1%
  20. Saudi Arabia$235 million · 1.7%

Trend

Who sells it

The United States was the top exporter throughout the period

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

  • United States 3.1
  • France 2.5
  • Singapore 2
  • Italy 1.2
  • Belgium 1

Source: CEPII BACI

Show the numbers
Country19952024
United States1.43.1
France0.992.5
Singapore0.362
Italy0.261.2
Belgium0.411

Price

Implied price

The price per tonne rose 90% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $3,908

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$2,056
1996$2,030
1997$1,949
1998$1,821
1999$1,645
2000$1,714
2001$1,670
2002$1,585
2003$1,698
2004$1,860
2005$2,078
2006$2,212
2007$2,521
2008$2,857
2009$2,727
2010$2,834
2011$3,539
2012$3,682
2013$3,021
2014$3,400
2015$2,994
2016$3,201
2017$3,191
2018$3,337
2019$3,206
2020$3,306
2021$2,722
2022$3,974
2023$4,118
2024$3,908

What it includes

  • 3811 · Fuel and lubricant additives

Products in the same chapter

Sources and methodology

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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