International🌐 Available in EnglishSeptember 18, 2026

China's August refined fuel exports exceed pre-Iran war levels, jet fuel exports hit record high - Reuters

China's August refined fuel exports exceed pre-Iran war levels, jet fuel exports hit record high - Reuters
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Chinese refined fuel product exports surged 12.7% year-on-year in August, with jet fuel shipments hitting a record monthly high of 2.55 million tons, according to customs data released Friday. Beijing has begun relaxing export restrictions imposed in mid-March to protect domestic supplies amid the Iran conflict.

China's August refined fuel exports exceed pre-Iran war levels, jet fuel exports hit record high | Reuters

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China's August refined fuel exports exceed pre-Iran war levels, jet fuel exports hit record high

By

Reuters

September 18, 2026

12:14 AM EDT

Updated 7 hours ago

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!Oil storage tanks in Zhoushan

Oil storage tanks in Zhoushan, Zhejiang, China, March 21, 2026. REUTERS/Go Nakamura Purchase LicensingRights , opens new tab

BEIJING, Sept 18 (Reuters) - China's exports of refined oil products in August rose 12.7% year-on-year amid the Iran war, with jet fuel exports ​hitting a record high, customs data showed on Friday.

China, ‌a key exporter of refined oil products in Asia, restricted exports of refined products, including diesel, gasoline and jet fuel, in mid-March to safeguard domestic supplies ​amid risks to supplies from the Middle East.

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However, Beijing ​began easing the restrictions in mid-July and is expected to continue ⁠to ease export controls in September, enabling it to profit ​from higher overseas margins.

Exports of refined oil products, which include diesel, ​gasoline, jet fuel and marine fuel, totalled 6.01 million metric tons in August.

However, in the first eight months, the country exported 34.24 million tons of ​refined oil products, down 9.6% year-on-year.

Jet fuel exports rose 41.4% year-on-year ​to 2.55 million tons in August, hitting a monthly record.

In the first eight ‌months, ⁠jet fuel exports were down 14.4% year-on-year at 11.76 million tons.

Diesel exports rose 42.1% year-on-year to 1.33 million tons in August, the highest since March 2024. In the first eight months of ​the year, diesel ​exports were 5.9% ⁠higher at 4.84 million tons.

Gasoline exports stood at 700,000 tons in August, down 17.5% year-on-year but ​the highest since October last year.

From January to August, ​China ⁠exported 2.42 million tons of gasoline, down 57.4% from the same period last year.

The data also showed that LNG imports fell 17.8% year-on-year ⁠to ​5.16 million tons in August.

China's LNG imports ​fell 6.8% year-on-year to 38.86 million tons in the first eight months.

| | | | | |
| --------- | --------- | ------------ | ---------- | ------------ |
| Exports | August | y/y % change | YTD | y/y % change |
| Gasoline | 700,000 | -17.5% | 2,420,000 | -57.4% |
| Jet ​fuel | 2,550,000 | 41.4% | 11,760,000 | -14.4% |
| Diesel | 1,330,000 | 42.1% | 4,840,000 | 5.9% |
| Imports | | | | |
| LNG | 5,160,000 | -17.8% | 38,860,000 | -6.8% |

Reporting by Sam Li and Lewis Jackson; Editing by Jochelle Mendonca

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