Crude Petroleum in Spain 2020 Exports | Imports : $396M | $15.8B, World Rnk 45 / 132 Rnk 173 / 1213 | World Rnk 9 / 145 Rnk 1 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $45.1M | $215M, South Africa | Brazil
Exports In 2020, Spain exported $396M in Crude Petroleum, making it the 45th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 173rd most exported product in Spain. The main destination of Crude Petroleum exports from Spain are: France ($147M), Italy ($95.7M), South Africa ($45.1M), United Kingdom ($41.8M), and Portugal ($25.1M).
The fastest growing export markets for Crude Petroleum of Spain between 2019 and 2020 were South Africa ($45.1M), Malta ($13.1M), and Belgium ($4.27M).
Imports In 2020, Spain imported $15.8B in Crude Petroleum, becoming the 9th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Spain. Spain imports Crude Petroleum primarily from: Nigeria ($3.76B), Mexico ($1.89B), Saudi Arabia ($1.49B), Kazakhstan ($1.09B), and Brazil ($1.03B).
The fastest growing import markets in Crude Petroleum for Spain between 2019 and 2020 were Brazil ($215M), Italy ($112M), and Colombia ($101M).
November 2021
Overview In November 2021 Spain's Crude Petroleum exports accounted up to €20.9M and imports accounted up to €2.58B, resulting in a negative trade balance of €2.56B. Between November 2020 and November 2021 the exports of Spain's Crude Petroleum have increased by €5.54M (36.1%) from €15.3M to €20.9M, while imports increased by €1.5B (139%) from €1.08B to €2.58B.
Destinations In November 2021, Crude Petroleum were exported mostly to France (€20.9M), Italy (€395), Portugal (€300), and Germany (€168), and were imported mostly from Libya (€430M), Nigeria (€383M), Iraq (€310M), Mexico (€266M), and United States (€198M).
Growth In November 2021, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to . In November 2021, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from United States (€83.1M or 258%), Nigeria (€61M or 24.2%), and Libya (€34.1M or 22.1%).
EXPORT GROWTH (November 2020 - November 2021): €5.54M, (36.1%)
IMPORT GROWTH (November 2020 - November 2021): €1.5B, (139%)
MAIN EXPORTER (November 2021): Tarragona, €20.9M
MAIN DESTINATION (November 2021): France, €20.9M
This section shows Crude Petroleum's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Crude Petroleum over time.
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EXPORTS (2020): $396M
IMPORTS (2020): $15.8B
NET TRADE (2020): -$15.5B
In 2020, Spain exported $396M in Crude Petroleum. The main destinations of Spain exports on Crude Petroleum were France ($147M), Italy ($95.7M), South Africa ($45.1M), United Kingdom ($41.8M), and Portugal ($25.1M).
In 2020, Spain imported $15.8B in Crude Petroleum, mainly from Nigeria ($3.76B), Mexico ($1.89B), Saudi Arabia ($1.49B), Kazakhstan ($1.09B), and Brazil ($1.03B).
IN 2020, Spain HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:
IN 2020, Spain HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Spain WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Spain WERE (2019 - 2020):
In 2019, Spain's main exporting competitors in Crude Petroleum were:
In 2019, Spain's main importing competitors in Crude Petroleum were:
In 2017, the tariffs for Crude Petroleum in the imports of Spain were of 0% around the world.
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