HS Icon Crude Petroleum in  Flag Germany

2019
Exports | Imports
: $52.4M | $29.4B, World Rnk 77 / 135
Flag Rnk 858 / 1216 | World Rnk 8 / 156
Flag Rnk 4 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $36.7M | $3.48B, Spain |  Libya

2019
ECONOMIC COMPLEXITY of Germany
: 1.93, Rnk 4 / 147

2019
PRODUCT COMPLEXITY  IN Crude Petroleum
: -3.02, Rnk 1029 / 1029

Exports In 2019, Germany exported $52.4M in Crude Petroleum, making it the 77th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 858th most exported product in Germany. The main destination of Crude Petroleum exports from Germany are: Spain ($37.5M), Netherlands ($13.5M), Austria ($754k), Belgium ($392k), and Italy ($147k).

The fastest growing export markets for Crude Petroleum of Germany between 2018 and 2019 were Spain ($36.7M), Italy ($48.9k), and United Arab Emirates ($16k).

Imports In 2019, Germany imported $29.4B in Crude Petroleum, becoming the 8th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most imported product in Germany. Germany imports Crude Petroleum primarily from: Russia ($8.53B), United Kingdom ($4.06B), Libya ($3.86B), Norway ($2.9B), and Nigeria ($2.1B).

The fastest growing import markets in Crude Petroleum for Germany between 2018 and 2019 were Libya ($3.48B), United Kingdom ($1.5B), and United States ($551M).

Historical Data

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EXPORTS (2019): $52.4M

IMPORTS (2019): $29.4B

NET TRADE (2019): -$29.4B

In 2019, Germany exported $52.4M in Crude Petroleum. The main destinations of Germany exports on Crude Petroleum were Spain ($37.5M), Netherlands ($13.5M), Austria ($754k), Belgium ($392k), and Italy ($147k).

In 2019, Germany imported $29.4B in Crude Petroleum, mainly from Russia ($8.53B), United Kingdom ($4.06B), Libya ($3.86B), Norway ($2.9B), and Nigeria ($2.1B).

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IN 2019, Germany HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

IN 2019, Germany HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Germany WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Germany WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Germany's main exporting competitors in Crude Petroleum were:

In 2019, Germany's main importing competitors in Crude Petroleum were:

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Tariffs by Country

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In 2017, the tariffs for Crude Petroleum in the imports of Germany were of 0% around the world.