Refined Petroleum in Germany

EXPORTS (2018): $13.9B, World Rnk 14 / 198
Flag Rnk 12 / 1217

TOP DESTINATION (2018): $2.93B, Austria

FASTEST GROWING MARKET (2017 - 2018): $513M, Austria

IMPORTS (2018): $24.4B, World Rnk 6 / 221
Flag Rnk 5 / 1215

TOP ORIGIN (2018): $10.6B, Netherlands

FASTEST GROWING ORIGIN (2017 - 2018): $2.17B, Netherlands

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

PRODUCT COMPLEXITY  IN Refined Petroleum (2018): -0.97, Rnk 812 / 1018

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

Exports: In 2018, Germany exported $13.9B in Refined Petroleum, making it the 14th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 12th most exported product in Germany. The main destination of Refined Petroleum exports from Germany are: Austria ($2.93B), Switzerland ($2.49B), Netherlands ($1.7B), Czechia ($1.19B), and Poland ($1.18B).

The fastest growing export markets for Refined Petroleum of Germany between 2017 and 2018 were Austria ($513M), Czechia ($455M), and Poland ($268M).

Imports: In 2018, Germany imported $24.4B in Refined Petroleum, becoming the 6th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most imported product in Germany. Germany imports Refined Petroleum primarily from: Netherlands ($10.6B), Belgium-Luxembourg ($4.43B), Russia ($3.82B), France ($857M), and Sweden ($760M).

The fastest growing import markets in Refined Petroleum for Germany between 2017 and 2018 were Netherlands ($2.17B), Belgium-Luxembourg ($1.1B), and Russia ($815M).

Tariffs: In 2017, the average tariff for Germany in Refined Petroleum was 0.75%. The countries with the highest import tariffs for Refined Petroleum were Western Sahara (2.54%), Gabon (2.54%), Libya (2.54%), Mayotte (2.54%), and Reunion (2.54%).

Value

EXPORTS (2018): $13.9B

IMPORTS (2018): $24.4B

NET TRADE (2018): -$10.5B

In 2018, Germany exported $13.9B in Refined Petroleum. The main destinations of Germany exports on Refined Petroleum were Austria ($2.93B), Switzerland ($2.49B), Netherlands ($1.7B), Czechia ($1.19B), and Poland ($1.18B).

In 2018, Germany imported $24.4B in Refined Petroleum, mainly from Netherlands ($10.6B), Belgium-Luxembourg ($4.43B), Russia ($3.82B), France ($857M), and Sweden ($760M).

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

  • Austria, $2.69B ($2.93B - $239M)
  • Switzerland, $2.37B ($2.49B - $125M)
  • Poland, $977M ($1.18B - $203M)

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

  • Netherlands, -$8.94B ($1.7B - $10.6B)
  • Russia, -$3.65B ($166M - $3.82B)
  • Belgium-Luxembourg, -$3.43B ($1.01B - $4.43B)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined 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 Refined Petroleum were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Refined 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 average tariff for Germany in Refined Petroleum was 0.75%.

The countries with the highest tariffs for Refined Petroleum in Germany were Western Sahara (2.54%), Gabon (2.54%), Libya (2.54%), Mayotte (2.54%), and Reunion (2.54%).

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