HS Icon Crude Petroleum in  Flag Italy

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $112M | $957M, Spain |  United States


ECONOMIC COMPLEXITY of Italy
: 1.3, Rnk 19 / 127


PRODUCT COMPLEXITY  IN Crude Petroleum
: -2.82, Rnk 1028 / 1028

The fastest growing export markets for Crude Petroleum of Italy between 2019 and 2020 were Spain ($112M), Netherlands ($20.8M), and Germany ($18.7M).

Imports In 2020, Italy imported $25.5B in Crude Petroleum, becoming the 7th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Italy. Italy imports Crude Petroleum primarily from: N/A.

The fastest growing import markets in Crude Petroleum for Italy between 2019 and 2020 were United States ($957M), United Kingdom ($443M), and Brazil ($129M).

Subnational Monthly Trade

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The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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IMPORTS (2020): $25.5B

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THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Italy WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Italy WERE (2019 - 2020):

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Market Concentration

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In 2019, Italy's main exporting competitors in Crude Petroleum were:

In 2019, Italy's main importing competitors in Crude Petroleum were:

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