Overview: This page contains the latest trade data of Refined Petroleum in Portugal.
Exports: In 2018, Portugal exported $2.87B in Refined Petroleum, making it the 36th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Portugal. The main destination of Refined Petroleum exports from Portugal are: United States ($880M), Spain ($677M), Netherlands ($212M), Morocco ($199M), and Gibraltar ($162M).
The fastest growing export markets for Refined Petroleum of Portugal between 2017 and 2018 were Tunisia ($135M), United States ($116M), and Spain ($88.9M).
Imports: In 2018, Portugal imported $1.41B in Refined Petroleum, becoming the 82nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 6th most imported product in Portugal. Portugal imports Refined Petroleum primarily from: Spain ($745M), Belgium-Luxembourg ($166M), Netherlands ($139M), Russia ($71.1M), and Saudi Arabia ($61.5M).
The fastest growing import markets in Refined Petroleum for Portugal between 2017 and 2018 were Belgium-Luxembourg ($112M), Spain ($88.6M), and Netherlands ($65.5M).
Tariffs: In 2017, the average tariff for Portugal 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%).