Overview In June 2021 United Kingdom's Crude Petroleum exports accounted up to £600M and imports accounted up to £1.46B, resulting in a negative trade balance of £863M. Between June 2020 and June 2021 the exports of United Kingdom's Crude Petroleum have decreased by £-248M (-29.3%) from £848M to £600M, while imports increased by £755M (107%) from £708M to £1.46B.
Destinations In June 2021, Crude Petroleum were exported mostly to Netherlands (£374M), United States (£89.9M), Canada (£48.9M), Germany (£29M), and Italy (£28.3M), and were imported mostly from United States (£580M), World (£504M), Russia (£157M), Libya (£132M), and Algeria (£55.5M).
Growth In June 2021, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to Germany (£-92.9M or -76.2%), Italy (£-55.9M or -66.4%), and France (£-15.1M or -35.4%). In June 2021, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from United States (£367M or 172%), World (£152M or 43.3%), and Russia (£108M or 223%).