Overview: In August 2020 United Kingdom's Crude Petroleum exports accounted up to £1.16B and imports accounted up to £915M, resulting in a positive trade balance of £243M. Between August 2019 and August 2020 the exports of United Kingdom's Crude Petroleum have decreased by £-192M (-14.2%) from £1.35B to £1.16B, while imports decreased by £-626M (-40.6%) from £1.54B to £915M.
Destinations: In August 2020 Crude Petroleum exported mostly to Netherlands (£306M), China (£229M), Germany (£163M), France (£99.3M), and Italy (£83.1M), and imported mostly from World (£492M), United States (£177M), Russia (£72.3M), Nigeria (£34M), and Egypt (£32.9M).
Growth: In August 2020, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-141M or -31.5%), Germany (£-108M or -39.8%), and China (£-59.5M or -20.6%). In August 2020, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from World (£-271M or -35.5%), Nigeria (£-262M or -88.5%), and Russia (£-122M or -62.8%).