Key Players in the Global Fuels & Mining Products Trade
In 2024, the top ten importers bought nearly USD 700 billion more than the top ten exporters supplied.
In 2024, the top ten importers bought nearly USD 700 billion more than the top ten exporters supplied.
India’s imports have grown prodigiously since 2000, reflecting the transformation of the country’s economy.
What China buys and where it buys it have reshaped supply chains, commodity flows and trade balances worldwide.
China and the U.S. account for 36% of the world’s oil refining capacity, and only five economies control half of the world’s capacity.
China is the world’s largest consumer of energy and runs large trade deficits for primary fuels, especially crude oil and petroleum gases.
Australia’s highly specialized export profile can be a source of risk and opportunity in a changing global trade context.