# HS 271099 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 $423.2M in 2024, with five-year annual growth of +17.5%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.5B | +110% | +26.9% |
| 2014 | $2.5B | +72.6% | +27.9% |
| 2015 | $481.7M | -80.8% | -11.4% |
| 2016 | $272.5M | -43.4% | -42.8% |
| 2017 | $282.8M | +3.8% | -51.7% |
| 2018 | $246.0M | -13% | -20.1% |
| 2019 | $189.3M | -23.1% | -11.4% |
| 2020 | $171.0M | -9.7% | -15.5% |
| 2021 | $192.5M | +12.6% | -7.9% |
| 2022 | $324.4M | +68.5% | +19.7% |
| 2023 | $385.7M | +18.9% | +31.2% |
| 2024 | $423.2M | +9.7% | +30% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Germany | $70.4M | +21.7% | 39 |
| USA | $68.8M | +32.9% | 55 |
| Malaysia | $55.7M | +99.2% | 23 |
| United Arab Emirates | $46.6M | +133.2% | 62 |
| Denmark | $27.2M | +54.1% | 21 |
| Singapore | $24.7M | +81.1% | 70 |
| Canada | $23.0M | -2.5% | 24 |
| Finland | $16.5M | +37.6% | 16 |
| Greece | $9.3M | +11.1% | 41 |
| Mexico | $7.8M | +25.8% | 10 |
| Zambia | $5.3M | +89.7% | 9 |
| France | $5.0M | -0.6% | 36 |

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