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2709 · Crude oil from petroleum and bituminous minerals

Catalog: 13,744 NCMs · 1,274 headings · 281 countries
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2709 · Crude oil from petroleum and bituminous minerals · Exports · 2016-01 → 2026-06 · monthly
Presets
›

Evolution · Volume & Average Price

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Composition by SH6

Share of each SH6 within the selected SH4, in FOB. Top 12 shown.

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Seasonality

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Price Elasticity

How volume reacts to price
For every +1% in price, volume rises 0.43%.

Each +1% in price coincided with +0.43% in volume (β=+0.43, R²=0.15, n=125) — commodity in upcycle, not classic elasticity with weak fit (noise dominates).

β+0.43R²0.15observations 125

By partner country · top 5

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Dashed line = aggregate β. Bars more transparent = weaker R² (less reliable fit).

›Show full table
CountryβR²nReading
Netherlands+0.970.1687procyclical · price and volume rise together
United States+0.650.12125procyclical · price and volume rise together
Spain+0.600.11112procyclical · price and volume rise together
China+0.370.06125procyclical · price and volume rise together
Chile+0.070.00114inelastic · volume hardly sensitive
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Rankings · Top Destinations/Origins + Opportunities

Top 10 destinations · who pays the most

ordered by average price (highest → lowest) · share ≥ 0.5%

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#CountryFOBSharePriceActions
1FranceUS$ 2.59 B0.8%US$ 0.499/kgfilter
2NetherlandsUS$ 15.61 B4.8%US$ 0.489/kgfilter
3South KoreaUS$ 8.36 B2.6%US$ 0.485/kgfilter
4PortugalUS$ 13.17 B4.1%US$ 0.484/kgfilter
5PeruUS$ 2.94 B0.9%US$ 0.482/kgfilter
6ItalyUS$ 2.40 B0.7%US$ 0.475/kgfilter
7SingaporeUS$ 7.97 B2.5%US$ 0.461/kgfilter
8ChileUS$ 19.15 B5.9%US$ 0.452/kgfilter
9ChinaUS$ 155.41 B48.2%US$ 0.442/kgfilter
10MalaysiaUS$ 5.30 B1.6%US$ 0.441/kgfilter

Partner positioning · price vs growth

top 30 partners · 12m window ending in 2026-06

›Show table ordered by FOB
#CountryFOB 12mSharePriceGrowth 12m
1ChinaUS$ 25.11 B52.3%US$ 0.472/kg+40.6%
2United StatesUS$ 3.81 B7.9%US$ 0.457/kg-28.1%
3NetherlandsUS$ 2.88 B6.0%US$ 0.461/kg-18.1%
4IndiaUS$ 2.61 B5.4%US$ 0.455/kg+97.7%
5SpainUS$ 2.59 B5.4%US$ 0.447/kg-41.2%
6ChileUS$ 1.88 B3.9%US$ 0.468/kg+31.4%
7PortugalUS$ 1.67 B3.5%US$ 0.470/kg-33.1%
8South KoreaUS$ 1.58 B3.3%US$ 0.468/kg+16.3%
9SingaporeUS$ 1.25 B2.6%US$ 0.422/kg-15.5%
10IndonesiaUS$ 1.01 B2.1%US$ 0.495/kg+590.7%
11ItalyUS$ 813.4 M1.7%US$ 0.470/kg+93.2%
12FranceUS$ 708.3 M1.5%US$ 0.500/kg+48.9%
13PeruUS$ 579.0 M1.2%US$ 0.491/kg+112.4%
14UruguayUS$ 381.2 M0.8%US$ 0.465/kg+83.8%
Last years
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SH42709Crude oil from petroleum and bituminous minerals