Overview In May 2021 Spain's Crude Petroleum exports accounted up to €53.2M and imports accounted up to €2B, resulting in a negative trade balance of €1.95B. Between May 2020 and May 2021 the exports of Spain's Crude Petroleum have increased by €33.9M (175%) from €19.3M to €53.2M, while imports increased by €1.4B (232%) from €604M to €2B.
Destinations In May 2021, Crude Petroleum were exported mostly to Italy (€35.1M), France (€12.6M), Portugal (€5.59M), Ecuador (€6.42k), and Colombia (€2.12k), and were imported mostly from Libya (€370M), Nigeria (€324M), Russia (€261M), Mexico (€214M), and Saudi Arabia (€151M).
Growth In May 2021, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to Italy (€32.9M or 1.5k%), Portugal (€5.57M or 24.9k%), and France (€4.63M or 58.4%). In May 2021, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from Libya (€342M or 1.23k%), Russia (€238M or 1.03k%), and Nigeria (€220M or 213%).