Overview: In June 2020 United Kingdom's Crude Petroleum exports accounted up to £619M and imports accounted up to £708M, resulting in a negative trade balance of £89.7M. Between June 2019 and June 2020 the exports of United Kingdom's Crude Petroleum have decreased by £-682M (-52.4%) from £1.3B to £619M, while imports decreased by £-665M (-48.4%) from £1.37B to £708M.
Destinations: In June 2020 Crude Petroleum exported mostly to Netherlands (£190M), South Korea (£145M), Germany (£73.6M), China (£54M), and Italy (£41.3M), and imported mostly from World (£235M), United States (£232M), Russia (£48.4M), Algeria (£34.9M), and Nigeria (£16.4M).
Growth: In June 2020, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to Germany (£-352M or -69.3%), China (£-218M or -85.7%), and United States (£-198M or -88.6%). In June 2020, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from World (£-623M or -72.6%), United States (£-213M or -47.9%), and Algeria (£-182M or -83.9%).