2021
Exports | Imports
$393M | $26.7BWorld Rnk 55 / 147
Flag Rnk 210 / 1214
World Rnk 9 / 163
Flag Rnk 1 / 1214
2021
ECONOMIC COMPLEXITY of Spain
0.78Rnk 35 / 131
2021
PRODUCT COMPLEXITY IN Crude Petroleum
-2.36Rnk 1013 / 1024

About

Exports In 2021, Spain exported $393M in Crude Petroleum, making it the 55th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 210th most exported product in Spain. The main destination of Crude Petroleum exports from Spain are: France ($187M), Italy ($123M), Slovenia ($42.5M), Portugal ($31.9M), and Malta ($5.71M).

The fastest growing export markets for Crude Petroleum of Spain between 2020 and 2021 were France ($39.4M), Slovenia ($29.3M), and Italy ($27.7M).

Imports In 2021, Spain imported $26.7B 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 ($5.38B), Mexico ($2.94B), Libya ($2.92B), United States ($2.12B), and Saudi Arabia ($1.79B).

The fastest growing import markets in Crude Petroleum for Spain between 2020 and 2021 were Libya ($2.29B), Nigeria ($1.63B), and United States ($1.11B).

Latest Trends

November 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - November 2023)€103M(140%)
IMPORT GROWTH (November 2022 - November 2023)€-268M(-8.16%)
MAIN EXPORTER (November 2023)Murcia€94.4M
MAIN DESTINATION (November 2023)France€149M

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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Historical Data

Trade Balance

Color
EXPORTS (2021)$393M
IMPORTS (2021)$26.7B
NET TRADE (2021)-$26.4B

In 2021, Spain exported $393M in Crude Petroleum. The main destinations of Spain exports on Crude Petroleum were France ($187M), Italy ($123M), Slovenia ($42.5M), Portugal ($31.9M), and Malta ($5.71M).

In 2021, Spain imported $26.7B in Crude Petroleum, mainly from Nigeria ($5.38B), Mexico ($2.94B), Libya ($2.92B), United States ($2.12B), and Saudi Arabia ($1.79B).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Spain WERE (2020 - 2021):
France$39.4M (26.7%)
Slovenia$29.3M (222%)
Italy$27.7M (29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Spain WERE (2020 - 2021):
South Africa-$45.1M (-100%)
United Kingdom-$41.8M (-100%)
Malta-$7.38M (-56.4%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Spain's main exporting competitors in Crude Petroleum were:
In 2021, Spain's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

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