HS 2709 · All partner countries
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Direct HS4 USD values by month. Exports and imports use separate scales.
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Total value across the published data period
| Partner | Value | Share | |
|---|---|---|---|
| 1 | Malaysia | $3.0B | 29.8% |
| 2 | Republic of Korea | $2.0B | 20.2% |
| 3 | Singapore | $1.4B | 13.6% |
| 4 | Japan | $1.2B | 11.4% |
| 5 | Hong Kong，China | $709M | 7.0% |
Total value across the published data period
| Partner | Value | Share | |
|---|---|---|---|
| 1 | Russia | $420.2B | 17.2% |
| 2 | Saudi Arabia | $378.6B | 15.5% |
| 3 | Iraq | $244.1B | 10.0% |
| 4 | Oman | $177.0B | 7.3% |
| 5 | Brazil | $176.7B | 7.2% |
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Over the twelve months to August 2026, China's crude petroleum oils trade under HS 2709 ran $1.6B of exports against $295.7B of imports, a trade deficit of $294.1B.
Monthly imports of crude petroleum oils (HS 2709) ranged from $20.0B to $28.8B between September 2025 and August 2026, averaging $24.4B. The latest month, August 2026, came in at $20.0B, the lowest month in that window.
Exports over the same months came to $1.6B. Across the published period its largest destination markets are Malaysia, Republic of Korea and Singapore.
Annual imports rose 23% between 2018 and 2025, from $240.4B to $296.7B.
The three largest source markets — Russia, Saudi Arabia and Iraq — account for 43% of the published total, out of 41 trading partners on record.
Sum of published monthly values per year. The latest year is labelled with its last published month until December is in.
| Year | Exports | Imports | Balance |
|---|---|---|---|
| 2018 | $1.3B | $240.4B | -$239.1B |
| 2019 | $362M | $242.4B | -$242.0B |
| 2020 | $482M | $178.5B | -$178.0B |
| 2021 | $1.0B | $258.5B | -$257.5B |
| 2022 | $1.4B | $365.8B | -$364.3B |
| 2023 | $844M | $337.8B | -$337.0B |
| 2024 | $1.2B | $325.2B | -$324.0B |
| 2025 | $2.3B | $296.7B | -$294.5B |
| 2026 (through Aug) | $1.2B | $193.9B | -$192.7B |
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HS 2709 is an official customs product-group classification. Monthly values are shown in USD, and long product names may be shortened for display.
Source: China General Administration of Customs (GACC), cleaned and structured by China Data Portal.
Transformations: Values are presented as published by the source.
China Data Portal. "China Crude petroleum oils Trade Data (HS 2709)." Accessed [date]. https://chinadata.live/china-trade/hs/2709/
China exported $1.6B of crude petroleum oils in the twelve months to August 2026, averaging $132M per month, based on official China customs statistics (HS 2709).
Malaysia, Republic of Korea and Singapore together account for 64% of the published total, out of 5 trading partners on record.
Annual exports grew by 78% between 2018 and 2025, from $1.3B to $2.3B.
Figures come from official China General Administration of Customs (GACC) statistics, published monthly. ChinaData cleans partner names, periods and values so the series is ready for analysis. Partner-level rows for every month, including HS8 detail, are available as a one-time CSV purchase. Choose your products and coverage, then preview the file and price before payment.