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%).