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Petroleum coke and bitumen: top exporters and importers (2024)

In 2024, world trade in petroleum coke and bitumen totaled $25.6 billion (101.4 million tonnes). The top exporters were the United States (22%), Canada (9%) and Singapore (5%); the top importers were China (13%), India (12%) and the United States (11%). Compared with 2019, the value rose 13%.

Summary

World trade
$25.6billion
Tonnes
101.4million tonnes
Price per tonne
$252
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. United States$5.6 billion · 21.8%
  2. Canada$2.4 billion · 9.4%
  3. Singapore$1.4 billion · 5.3%
    re-exports
  4. United Arab Emirates$1.1 billion · 4.4%
  5. Iraq$1.1 billion · 4.3%
  6. Germany$1 billion · 4%
  7. China$960 million · 3.8%
  8. Spain$935 million · 3.7%
  9. Russia$700 million · 2.7%
  10. South Korea$612 million · 2.4%
  11. Indonesia$602 million · 2.4%
  12. Saudi Arabia$602 million · 2.4%
  13. Greece$582 million · 2.3%
  14. Italy$577 million · 2.3%
  15. Netherlands$518 million · 2%
    re-exports
  16. Turkey$501 million · 2%
  17. Venezuela$483 million · 1.9%
  18. Oman$452 million · 1.8%
  19. United Kingdom$404 million · 1.6%
  20. Brazil$384 million · 1.5%

Top importers

  1. China$3.4 billion · 13.3%
  2. India$3.1 billion · 12.3%
  3. United States$2.7 billion · 10.6%
  4. Turkey$867 million · 3.4%
  5. Japan$716 million · 2.8%
  6. Brazil$715 million · 2.8%
  7. Australia$663 million · 2.6%
  8. France$638 million · 2.5%
  9. Singapore$567 million · 2.2%
    re-exports
  10. United Kingdom$521 million · 2%
  11. Indonesia$486 million · 1.9%
  12. Canada$479 million · 1.9%
  13. Malaysia$466 million · 1.8%
  14. Netherlands$441 million · 1.7%
    re-exports
  15. Romania$396 million · 1.6%
  16. Morocco$363 million · 1.4%
  17. Norway$342 million · 1.3%
  18. Germany$322 million · 1.3%
  19. Vietnam$321 million · 1.3%
  20. Mexico$303 million · 1.2%

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 5.6
  • Canada 2.4
  • Singapore 1.4
  • United Arab Emirates 1.1
  • Iraq 1.1

Source: CEPII BACI

Show the numbers
Country19952024
United States1.25.6
Canada0.072.4
Singapore0.161.4
United Arab Emirates< 0.011.1
Iraq< 0.011.1

Price

Implied price

The price per tonne rose 198% since 1995

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

  • 2024: $252

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$85
1996$98
1997$93
1998$81
1999$75
2000$95
2001$81
2002$79
2003$110
2004$118
2005$142
2006$154
2007$203
2008$290
2009$216
2010$277
2011$337
2012$322
2013$292
2014$293
2015$200
2016$141
2017$188
2018$256
2019$220
2020$177
2021$277
2022$374
2023$309
2024$252

What it includes

  • 2713 · Petroleum coke and bitumen

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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