Overview In December 2022 Spain's Crude Petroleum exports accounted up to €98.7M and imports accounted up to €3.32B, resulting in a negative trade balance of €3.22B. Between December 2021 and December 2022 the exports of Spain's Crude Petroleum have increased by €98.7M (2.82M%) from €3.5k to €98.7M, while imports increased by €744M (28.8%) from €2.58B to €3.32B.
Destinations In December 2022, Crude Petroleum were exported mostly to Italy (€63.8M), France (€26.8M), Portugal (€8M), and Mexico (€50.6k), and were imported mostly from Nigeria (€384M), Mexico (€363M), United States (€295M), Libya (€271M), and Angola (€248M).
Growth In December 2022, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to Italy (€19.5M or 99.5%). In December 2022, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from United States (€241M or 384%), Algeria (€180M or 472%), and Nigeria (€92.4M or 28.1%).