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Chinese Oil Product Exports Surged in December: Official Data

OIL PRODUCTS

China exported 2.79 million tonnes of diesel in December, representing a 32.8% increase on November's 2.10 million tonnes according to data from the General Administration of Customs.

  • Total diesel exports for the year amounted to 10.92 million tonnes, versus 17.21 million tonnes for 2021.
  • Gasoline exports were 1.91 million tonnes in December, the highest since October 2020, and up from 1.49 million tonnes the month before.
  • Total gasoline exports for 2022 stood at 12.56 million tonnes, versus 14.54 million tonnes in 2021.

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