Mineral Fuels Export of Croatia: The Trade Analysis of 2024

Mineral fuels, the naturally occurring substances used for energy generation, are right now a topmost demanded commodity of the worldwide trade market, mainly due to the uneven distribution of resources and the high global energy demand. The higher economic value and the strategic importance of mineral fuels in global trade, along with rapid industrialization and urbanization, have maintained continuity in the overall revenue generation.

Croatia Import Data says, the country in southeastern Europe sharing borders with Slovenia and Hungary to the northeast direction has gradually emerged as the leading producer of mineral fuels, driven mostly by the long Adriatic coastline, providing sea access and the closer proximity to major central and southeast European energy markets. The road and rail links connecting terminals to the neighbouring countries have resulted in an export trade value of mineral fuels worth 976 million US dollars in 2024. The commercial contracts and rising European Union demand for alternative supply routes have substantially contributed to the hike in the growth rate. Subscribe to Import Globals, the leading Croatia import export trade provider, to stay updated with the latest information regarding the mineral fuels export of the nation via the Croatia trade data.

GOVERNMENT INITIATIVES SUPPORTING THE MINERAL FUELS EXPORT OF CROATIA IN 2024

The expansion of the LNG terminal capacity by the Croatian government and the modernization of the JA and AF pipelines have enhanced the export potential by enabling larger LNG shipments, while strengthening the country's solar generation and energy hubs. The modernization of the pipeline network has improved the transport and storage capacity for crude oil, while facilitating smoother export operations. 

The national energy and climate plan implementation has balanced the shift towards renewables with an active focus on optimization of existing fossil fuel trade. The infrastructure development and transport integration program has reduced the logistics cost while accelerating the delivery of mineral fuels. The strategic partnerships and the EU energy security cooperation have strengthened Croatia's geopolitical importance by attracting foreign investment into the export infrastructure.

THE LEADING VARIANTS OF MINERAL FUELS EXPORTED FROM CROATIA

The competitive state options near the Italian ports and the overall export recovery of the nation have resulted in a diversity in the global supply. According to the Croatia Export Data, the top 10 leading variants of mineral fuels exported from the nation in 2024 are,

  1. Crude petroleum - The annual valuation of Crude petroleum exported from Croatia in 2024 - 267 million US dollars 
  2. Refined petroleum oils (motor spirit/gasoline)- The annual valuation of Refined petroleum oils (motor spirit/gasoline) exported from Croatia in 2024 - 219 million US dollars
  3. Gas oil (diesel oil)- The annual valuation of Gas oil (diesel oil) exported from Croatia in 2024 - 187 million US dollars
  4. Jet fuel (aviation kerosene)- The annual valuation of Jet fuel (aviation kerosene) exported from Croatia in 2024 - 165 million US dollars
  5. Liquefied petroleum gas (propane, butane)- The annual valuation of Liquefied petroleum gas (propane, butane) exported from Croatia in 2024 - 127 million US dollars 
  6. Naphtha- The annual valuation of Naphtha exported from Croatia in 2024 - 118 million US dollars 
  7. Fuel oil- The annual valuation of Fuel oil exported from Croatia in 2024 - 94 million US dollars 
  8. Petroleum coke- The annual valuation of Petroleum coke exported from Croatia in 2024 - 89 million US dollars 
  9. Bitumen- The annual valuation of Bitumen exported from Croatia in 2024 - 75 million US dollars 
  10. Lubricating oils- The annual valuation of Lubricating oils exported from Croatia in 2024 - 68 million US dollars 

THE TOP 10 EXPORT TRADE PARTNERS OF CROATIA IN 2024

The use of Croatian terminals by the international trading houses and stocks, and the skilled workforce engaged for the shipment operations, has maintained the integrity of the nation with the top importing destinations. As per the Asia Croatia Data, the top 10 export trade partners of the nation for mineral fuels export in 2024 are,

  1. Germany - The total valuation of mineral fuels exported from Croatia to Germany in 2024 - 319 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Tar-like vacuum residue (VR)
  • Atmospheric residue
  • Reduced crude oil blends
  • Petroleum coke (green coke)
  • Calcined petroleum coke
  1. Italy  - The total valuation of mineral fuels exported from Croatia to Italy in 2024 - 245 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Marine bunker fuel (IFO)
  • Fuel oil for power generation
  • Furnace oils (industrial fuel oils)
  • Asphaltic bitumen (road bitumen)
  • Bitumen emulsion (bitumen for paving)
  1. Bosnia and Herzegovina  - The total valuation of mineral fuels exported from Croatia to Bosnia and Herzegovina in 2024 - 191 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Petroleum ether
  • Kerosene-type jet fuels (cut blends)
  • Residual fuel oil (RFO)
  • Heavy fuel oil (HFO) 380 cSt
  • Heavy fuel oil 180 cSt
  1. Slovenia  - The total valuation of mineral fuels exported from Croatia to Slovenia in 2024 - 155 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Light straight run (LSR) gasoline
  • Reformate blendstocks for oxygenates
  • Solvent naphtha (light aromatic)
  • Solvent naphtha (heavy)
  • White spirit/mineral spirits
  1. Hungary  - The total valuation of mineral fuels exported from Croatia to Hungary in 2024 - 124 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Isobutane
  • LPG mixtures (propane-butane)
  • Refinery fuel gas (pipeline gas)
  • Liquefied natural gas (LNG) — regasified shipments
  • Natural gas condensate fractions
  1. Austria  - The total valuation of mineral fuels exported from Croatia to Austria in 2024 - 98 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Hydrogenated light distillates
  • Liquefied petroleum gas (LPG)
  • Propane (commercial)
  • Propane (HD-grade)
  • Normal butane
  1. United States  - The total valuation of mineral fuels exported from Croatia to the United States in 2024 - 81 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Jet B (wide-cut aviation fuel)
  • Aviation gasoline (avgas)
  • Light cycle oil (LCO)
  • Vacuum gas oil (VGO)
  • Coker gas oil
  1. Slovakia  - The total valuation of mineral fuels exported from Croatia to Slovakia in 2024 - 75 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Ultra-low sulfur diesel (ULSD)
  • Low-sulfur diesel
  • Marine gas oil (MGO)
  • Gas oil (industrial)
  • Kerosene (paraffinic kerosene)
  1. France  - The total valuation of mineral fuels exported from Croatia to France in 2024 - 58 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Naphtha (heavy)
  • Reformate naphtha
  • Petrochemical feedstock naphtha
  • Motor spirit blending components
  • Straight-run diesel (gas oil)
  1. Poland  - The total valuation of mineral fuels exported from Croatia to Poland in 2024 - 47 million US dollars 

Top 5 variants of Mineral fuels exported 

  • Crude petroleum
  • Condensate
  • Straight-run gasoline (motor spirit)
  • Reformulated gasoline
  • Alkylate gasoline

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