Overview In November 2022 Spain's Crude Petroleum exports accounted up to €73.6M and imports accounted up to €3.28B, resulting in a negative trade balance of €3.21B. Between November 2021 and November 2022 the exports of Spain's Crude Petroleum have increased by €52.7M (252%) from €20.9M to €73.6M, while imports increased by €702M (27.2%) from €2.58B to €3.28B.
Destinations In November 2022, Crude Petroleum were exported mostly to France (€73.6M), Morocco (€3.48k), Andorra (€987), United Kingdom (€435), and Germany (€287), and were imported mostly from Mexico (€585M), Azerbaijan (€315M), Libya (€253M), Nigeria (€251M), and Iraq (€240M).
Growth In November 2022, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to Portugal (€2.23M or 235k%). In November 2022, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from Kazakhstan (€101M or 118%), Algeria (€26.1M or 217%), and Nigeria (€15.2M or 4.87%).