Overview In October 2022 Spain's Crude Petroleum exports accounted up to €39.9M and imports accounted up to €3.36B, resulting in a negative trade balance of €3.32B. Between October 2021 and October 2022 the exports of Spain's Crude Petroleum have decreased by €-85.6M (-68.2%) from €125M to €39.9M, while imports increased by €882M (35.6%) from €2.48B to €3.36B.
Destinations In October 2022, Crude Petroleum were exported mostly to France (€36.5M), Italy (€3.29M), China (€132k), Cuba (€7.57k), and Ecuador (€4.14k), and were imported mostly from Nigeria (€440M), United States (€414M), Kazakhstan (€373M), Iraq (€320M), and Libya (€305M).
Growth In October 2022, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to . In October 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%).