Imports
€2.9B
2.2B kg
Exports
€1.2B
588.7M kg
Balance
€-1.7B
Deficit
Price/kg
€1.28/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €1.7B for MINERAL FUELS, MINERAL OILS AND PRODUCTS OF THEIR DISTILLATION; BITUMINOUS SUBSTANCES; MINERAL WAXES, Petroleum jelly; paraffin wax, microcrystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured (NC8 2712), a predominantly imported product. Imports reached €2.9B versus €1.2B in exports. The average import cost stood at €1.28/kg.
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇨🇳 China | €821.5M | 28.6% |
| 2 | 🇶🇿 QZ | €669.8M | 23.4% |
| 3 | 🇺🇸 United States | €246.7M | 8.6% |
| 4 | 🇬🇧 United Kingdom | €235.9M | 8.2% |
| 5 | 🇲🇾 Malaysia | €166.8M | 5.8% |
| 6 | 🇪🇬 Egypt | €125.9M | 4.4% |
| 7 | 🇷🇺 Russia | €94.4M | 3.3% |
| 8 | 🇶🇦 Qatar | €81.5M | 2.8% |
| 9 | 🇿🇦 South Africa | €62.2M | 2.2% |
| 10 | 🇹🇷 Türkiye | €45.4M | 1.6% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €183.8M | 15.2% |
| 2 | 🇺🇸 United States | €111.4M | 9.2% |
| 3 | 🇨🇳 China | €81.4M | 6.7% |
| 4 | 🇹🇷 Türkiye | €76.3M | 6.3% |
| 5 | 🇮🇳 India | €68.2M | 5.6% |
| 6 | 🇳🇬 Nigeria | €45.5M | 3.8% |
| 7 | 🇿🇦 South Africa | €38.4M | 3.2% |
€0
€0
€0
€1.28/kg
€2.06/kg
2,007
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇳 China | €821.5M | 602.5Mt | €1.36/kg | 32.2% | |
| 2 | 🇶🇿 QZ | €669.8M | 535.5Mt | €1.25/kg | 26.3% | |
| 3 | 🇺🇸 United States | €246.7M | 164.5Mt | €1.50/kg | 9.7% | |
| 4 | 🇬🇧 United Kingdom | €235.9M | 223.9Mt | €1.05/kg | 9.3% | |
| 5 | 🇲🇾 Malaysia | €166.8M | 106.9Mt | €1.56/kg | 6.5% | |
| 6 | 🇪🇬 Egypt | €125.9M | 141.9Mt | €0.8876/kg | 4.9% | |
| 7 | 🇷🇺 Russia | €94.4M | 86.1Mt | €1.10/kg | 3.7% | |
| 8 | 🇶🇦 Qatar | €81.5M | 68.3Mt | €1.19/kg | 3.2% | |
| 9 | 🇿🇦 South Africa | €62.2M | 29.5Mt | €2.11/kg | 2.4% | |
| 10 | 🇹🇷 Turkey | €45.4M | 38.2Mt | €1.19/kg | 1.8% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €183.8M | 123.7Mt | €1.49/kg | 27.1% | |
| 2 | 🇺🇸 United States | €111.4M | 42.6Mt | €2.62/kg | 16.4% | |
| 3 | 🇨🇳 China | €81.4M | 28.3Mt | €2.88/kg | 12.0% | |
| 4 | 🇹🇷 Turkey | €76.3M | 31.8Mt | €2.40/kg | 11.2% | |
| 5 | 🇮🇳 India | €68.2M | 29.9Mt | €2.28/kg | 10.0% | |
| 6 | 🇳🇬 Nigeria | €45.5M | 30.3Mt | €1.50/kg | 6.7% | |
| 7 | 🇿🇦 South Africa | €38.4M | 24.4Mt | €1.58/kg | 5.7% | |
| 8 | 🇨🇮 CI | €32.0M | 23.1Mt | €1.39/kg | 4.7% | |
| 9 | 🇳🇴 Norway | €25.1M | 12.9Mt | €1.94/kg | 3.7% | |
| 10 | 🇺🇦 Ukraine | €16.5M | 10.5Mt | €1.57/kg | 2.4% |
| 8 |
| 🇨🇮 Côte d’Ivoire |
| €32.0M |
| 2.6% |
| 9 | 🇳🇴 Norway | €25.1M | 2.1% |
| 10 | 🇺🇦 Ukraine | €16.5M | 1.4% |