26, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: China (People's Republic of China) › Change country
Economic Indicator: Value of Oil Imports › See all China indicators, › See Value of Oil Imports data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Yuan Renminbi
Currency Symbol: RMB

Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units. Source: CEIC Latest actual data: 2010 Base year: 1990 Methodology used to derive volumes: Deflation by unit value indexes (from customs data) Formula used to derive volumes: Derived from value index and unit value index Chain-weighted: No Oil coverage: Primary or unrefined products;Secondary or refined products; Valuation of exports: Free on board (FOB) Valuation of imports: Cost, insurance, freight (CIF)

Value of Oil Imports for China in year 2010 is US$ 163.558 Billions

This makes China No. 2 in world rankings according to Value of Oil Imports in year 2010. The world's average Value of Oil Imports value is US$ 9.94 Billions; China is US$ 153.62 more than the average.

In the previous year, 2009, Value of Oil Imports for China was US$ 108.55 Billions Value of Oil Imports for China in 2010 was or will be 50.67% more than it was or will be in 2009.

In the following or forecasted year, 2011, Value of Oil Imports for China was or will be US$228.57 Billions, which is 39.75% more than the 2010 figure.