2022
Exports | Imports
$113M | $39.5BWorld Rnk 70 / 149
Flag Rnk 737 / 1216
World Rnk 9 / 158
Flag Rnk 4 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.75Rnk 3 / 124
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.44Rnk 1015 / 1025

About

Exports In 2022, Germany exported $113M in Crude Petroleum, making it the 70th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 737th most exported product in Germany. The main destination of Crude Petroleum exports from Germany are: Netherlands ($98.9M), Belgium ($7.91M), Spain ($4.13M), Austria ($1.42M), and Italy ($284k).

The fastest growing export markets for Crude Petroleum of Germany between 2021 and 2022 were Belgium ($7.52M), Austria ($1.1M), and Sweden ($69.2k).

Imports In 2022, Germany imported $39.5B in Crude Petroleum, becoming the 9th 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 ($11.5B), Norway ($5.7B), United States ($3.72B), United Kingdom ($3.54B), and Libya ($3.28B).

The fastest growing import markets in Crude Petroleum for Germany between 2021 and 2022 were Norway ($3.58B), Russia ($2.13B), and United States ($1.94B).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Germany to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$113M
IMPORTS (2022)$39.5B
NET TRADE (2022)-$39.4B

In 2022, Germany exported $113M in Crude Petroleum. The main destinations of Germany exports on Crude Petroleum were Netherlands ($98.9M), Belgium ($7.91M), Spain ($4.13M), Austria ($1.42M), and Italy ($284k).

In 2022, Germany imported $39.5B in Crude Petroleum, mainly from Russia ($11.5B), Norway ($5.7B), United States ($3.72B), United Kingdom ($3.54B), and Libya ($3.28B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Belgium$7.52M (1.92k%)
Austria$1.1M (341%)
Sweden$69.2k (929%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Germany WERE (2021 - 2022):
Netherlands-$130M (-56.7%)
Italy-$41.3M (-99.3%)
Spain-$150k (-3.51%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Germany's main exporting competitors in Crude Petroleum were:
In 2022, Germany's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with