2023
Exports
$11.1MWorld Rnk 89 / 150
Flag Rnk 1065 / 1215
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$35.9BWorld Rnk 7 / 159
Flag Rnk 5 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $11.1M in Crude Petroleum, making it the 89th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1065th most exported product in Germany. The main destination of Crude Petroleum exports from Germany are: Qatar ($6.07M), Netherlands ($1.57M), Austria ($1.53M), Spain ($1.27M), and France ($349k).

The fastest growing export markets for Crude Petroleum of Germany between 2022 and 2023 were Qatar ($6.07M), Austria ($710k), and France ($310k).

Imports In 2023, Germany imported $35.9B in Crude Petroleum, becoming the 7th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 5th most imported product in Germany. Germany imports Crude Petroleum primarily from: United States ($8.21B), Libya ($5.07B), Norway ($3.65B), Kazakhstan ($2.56B), and United Kingdom ($2.5B).

The fastest growing import markets in Crude Petroleum for Germany between 2022 and 2023 were United States ($4.49B), Libya ($1.33B), and United Arab Emirates ($1.17B).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$11.1M
IMPORTS (2023)$35.9B
NET TRADE (2023)-$35.9B

In 2023, Germany exported $11.1M in Crude Petroleum. The main destinations of Germany exports on Crude Petroleum were Qatar ($6.07M), Netherlands ($1.57M), Austria ($1.53M), Spain ($1.27M), and France ($349k).

In 2023, Germany imported $35.9B in Crude Petroleum, mainly from United States ($8.21B), Libya ($5.07B), Norway ($3.65B), Kazakhstan ($2.56B), and United Kingdom ($2.5B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Germany WERE (2022 - 2023):
Qatar$6.07M (1%)
Austria$710k (87%)
France$310k (783%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Germany WERE (2022 - 2023):
Netherlands-$108M (-98.6%)
Belgium-$8.58M (-98.1%)
Spain-$364k (-22.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Crude Petroleum were:
In 2023, Germany's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $68.8M
TOP IMPORT POTENTIALNorway+ $1.73B

Crude Petroleum’s highest export potential is Netherlands. With an export gap of $68.8M.   Crude Petroleum’s highest import potential is Norway with an import gap of $1.73B.

See methodology.

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