HS Icon Crude Petroleum in  Flag Portugal

2019
Exports | Imports
: $8.33M | $4.71B, World Rnk 92 / 135
Flag Rnk 544 / 1208 | World Rnk 27 / 156
Flag Rnk 2 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.05k | $170M, Saint Barthélemy |  Nigeria

2019
ECONOMIC COMPLEXITY of Portugal
: 0.51, Rnk 49 / 147

2019
PRODUCT COMPLEXITY  IN Crude Petroleum
: -3.02, Rnk 1029 / 1029

Exports In 2019, Portugal exported $8.33M in Crude Petroleum, making it the 92nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 544th most exported product in Portugal. The main destination of Crude Petroleum exports from Portugal are: Spain ($8.32M), Saint Barthélemy ($3.05k), Belgium ($1.22k), Mozambique ($798), and Rwanda ($116).

The fastest growing export markets for Crude Petroleum of Portugal between 2018 and 2019 were Saint Barthélemy ($3.05k), Rwanda ($116), and Belgium ($76).

Imports In 2019, Portugal imported $4.71B in Crude Petroleum, becoming the 27th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Portugal. Portugal imports Crude Petroleum primarily from: Angola ($1.05B), Algeria ($555M), Saudi Arabia ($525M), Russia ($511M), and Azerbaijan ($395M).

The fastest growing import markets in Crude Petroleum for Portugal between 2018 and 2019 were Nigeria ($170M), Cameroon ($113M), and Algeria ($106M).

Historical Data

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EXPORTS (2019): $8.33M

IMPORTS (2019): $4.71B

NET TRADE (2019): -$4.7B

In 2019, Portugal exported $8.33M in Crude Petroleum. The main destinations of Portugal exports on Crude Petroleum were Spain ($8.32M), Saint Barthélemy ($3.05k), Belgium ($1.22k), Mozambique ($798), and Rwanda ($116).

In 2019, Portugal imported $4.71B in Crude Petroleum, mainly from Angola ($1.05B), Algeria ($555M), Saudi Arabia ($525M), Russia ($511M), and Azerbaijan ($395M).

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IN 2019, Portugal HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Portugal WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Portugal WERE (2018 - 2019):

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Market Concentration

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

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

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Tariffs by Country

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In 2017, the tariffs for Crude Petroleum in the imports of Portugal were of 0% around the world.