# HS 271020 Preparations N.E.C. Containing By We global trade...

Reported global trade in preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils reached $13.2B in 2024, with five-year annual growth of +1.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $18.9B | -11% | +14% |
| 2014 | $14.0B | -26.1% | -5.4% |
| 2015 | $9.0B | -35.6% | -24.9% |
| 2016 | $7.4B | -18.1% | -26.9% |
| 2017 | $8.8B | +19.5% | -14.3% |
| 2018 | $13.1B | +48.6% | +13.3% |
| 2019 | $12.1B | -7.8% | +17.9% |
| 2020 | $7.9B | -34.4% | -3.5% |
| 2021 | $12.0B | +51.8% | -2.8% |
| 2022 | $20.5B | +70.5% | +19.3% |
| 2023 | $15.8B | -22.8% | +25.9% |
| 2024 | $13.2B | -16.6% | +3.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Austria | $2.4B | +1% | 28 |
| Germany | $1.8B | +2% | 46 |
| Peru | $1.2B | +22.9% | 12 |
| Hungary | $912.4M | +6% | 20 |
| Poland | $887.8M | +20.8% | 19 |
| Finland | $716.4M | +9.9% | 18 |
| Czechia | $596.3M | +9.1% | 21 |
| Luxembourg | $550.0M | -2.8% | 35 |
| Slovakia | $463.1M | +0.4% | 32 |
| Ireland | $413.6M | -3.7% | 31 |
| France | $406.7M | -9.6% | 48 |
| Spain | $396.4M | +3.9% | 33 |

_Source: reported merchandise trade data. Updated 2026-08-14._