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Because Australian crude is not suitable for some of the products that come from crude oil.
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∙ 15y ago
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From which countries does Australia import crude oil from?
13% of Australia's crude oil comes from the middle east
Where does India import its crude crude oil from?
various countries like Iran, and other middle eastern countries.
How much does India import crude oil from other countries?
70% of total consumption is imported from other countries.
What crude materials does Australia import?
According to the CIA World Factbook Australia imports machinery and transport equipment, computers and office machines, telecommunication equipment and parts; and crude oil and petroleum products.
How much crude oil do you produce and import?
I personally produce or import no crude oil
What are the trade items that Australia import the most?
The trade items that Australia import the most are crude petroleum, passenger motor vehicles and refined petroleum. Other trade items include telecom equipment, medicaments and computers.
Why does Australia import and export crude petroleum?
australia imports and exports to make and get money for our country
What is import parity pricing?
It is price paid to buy petroleum from foreign country. It is use to determine the cost of crude. It consists of- 1. Imported cost of crude 2. Ocean freight 3. Custom duty
What kind of products does Australia import?
Some of the major imports of Australia are machinery, personal computers, business machines, crude oil, and transport equipment. Some of its main exports are coal, meat, wool, and gold as well as iron ore and wheat.
Why is petroleum Mexico's main import?
It isn't: Mexico is a net exporter of crude oil.
How much crude oil does the United States import?
700 million barelles a year
What was India's crude import bill in 2011-12 in us dollars?
150 billion dollars
