Crude Petroleum in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $21.2k in Crude Petroleum, making it the 112th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1163rd most exported product in Portugal. The main destination of Crude Petroleum exports from Portugal are: Mozambique ($12.5k), Netherlands ($6.16k), and Angola ($2.61k).

The fastest growing export markets for Crude Petroleum of Portugal between 2021 and 2022 were Mozambique ($8.79k), Netherlands ($6.08k), and Angola ($2.33k).

Imports In 2022, Portugal imported $7.07B in Crude Petroleum, becoming the 24th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Portugal. Portugal imports Crude Petroleum primarily from: Brazil ($2.55B), Nigeria ($1.1B), Algeria ($808M), Azerbaijan ($756M), and Angola ($583M).

The fastest growing import markets in Crude Petroleum for Portugal between 2021 and 2022 were Brazil ($894M), Algeria ($687M), and Angola ($525M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Portugal to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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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EXPORTS (2022)$21.2k

IMPORTS (2022)$7.07B

NET TRADE (2022)-$7.07B

In 2022, Portugal exported $21.2k in Crude Petroleum. The main destinations of Portugal exports on Crude Petroleum were Mozambique ($12.5k), Netherlands ($6.16k), and Angola ($2.61k).

In 2022, Portugal imported $7.07B in Crude Petroleum, mainly from Brazil ($2.55B), Nigeria ($1.1B), Algeria ($808M), Azerbaijan ($756M), and Angola ($583M).