Crude Petroleum in Germany

EXPORTS (2018): $66.1M, World Rnk 76 / 120
Flag Rnk 826 / 1217

TOP DESTINATION (2018): $35.6M, Sweden

FASTEST GROWING MARKET (2017 - 2018): $13.4M, Netherlands

IMPORTS (2018): $32.4B, World Rnk 8 / 148
Flag Rnk 3 / 1215

TOP ORIGIN (2018): $11.7B, Russia

FASTEST GROWING ORIGIN (2017 - 2018): $1.63B, Russia

ECONOMIC COMPLEXITY of Germany (2018): 1.9, Rnk 4 / 137

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Overview: This page contains the latest trade data of Crude Petroleum in Germany.

Exports: In 2018, Germany exported $66.1M in Crude Petroleum, making it the 76th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 826th most exported product in Germany. The main destination of Crude Petroleum exports from Germany are: Sweden ($35.6M), Netherlands ($24.4M), Belgium-Luxembourg ($2.88M), Austria ($1.16M), and Ireland ($935k).

The fastest growing export markets for Crude Petroleum of Germany between 2017 and 2018 were Netherlands ($13.4M), Sweden ($6.11M), and Belgium-Luxembourg ($1.5M).

Imports: In 2018, Germany imported $32.4B in Crude Petroleum, becoming the 8th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most imported product in Germany. Germany imports Crude Petroleum primarily from: Russia ($11.7B), Libya ($3.69B), Norway ($3.36B), United Kingdom ($2.57B), and Nigeria ($2.47B).

The fastest growing import markets in Crude Petroleum for Germany between 2017 and 2018 were Russia ($1.63B), Libya ($1.17B), and Nigeria ($1.1B).

Value

EXPORTS (2018): $66.1M

IMPORTS (2018): $32.4B

NET TRADE (2018): -$32.4B

In 2018, Germany exported $66.1M in Crude Petroleum. The main destinations of Germany exports on Crude Petroleum were Sweden ($35.6M), Netherlands ($24.4M), Belgium-Luxembourg ($2.88M), Austria ($1.16M), and Ireland ($935k).

In 2018, Germany imported $32.4B in Crude Petroleum, mainly from Russia ($11.7B), Libya ($3.69B), Norway ($3.36B), United Kingdom ($2.57B), and Nigeria ($2.47B).

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IN 2018, Germany HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

  • Sweden, $35.6M ($35.6M - $0)
  • Belgium-Luxembourg, $2.88M ($2.88M - $1.1k)
  • Austria, $1.16M ($1.16M - $0)

IN 2018, Germany HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

  • Russia, -$11.7B ($0 - $11.7B)
  • Libya, -$3.69B ($0 - $3.69B)
  • Norway, -$3.36B ($0 - $3.36B)
Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Germany WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Germany WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Germany's main exporting competitors in Crude Petroleum were:

In 2018, Germany's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crude Petroleum in Germany. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the tariffs for Crude Petroleum in the imports of Germany were of 0% around the world.

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