HS Icon Petroleum Gas in  Flag Spain

2020
Exports | Imports
: $440M | $5.5B, World Rnk 41 / 152
Flag Rnk 161 / 1213 | World Rnk 12 / 220
Flag Rnk 5 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $10.5M | $107M, Egypt |  Equatorial Guinea


ECONOMIC COMPLEXITY of Spain
: 0.76, Rnk 34 / 127


PRODUCT COMPLEXITY  IN Petroleum Gas
: -2.14, Rnk 1011 / 1028

Exports In 2020, Spain exported $440M in Petroleum Gas, making it the 41st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 161st most exported product in Spain. The main destination of Petroleum Gas exports from Spain are: Portugal ($145M), Morocco ($136M), Netherlands ($58.3M), France ($38.4M), and Belgium ($23.7M).

The fastest growing export markets for Petroleum Gas of Spain between 2019 and 2020 were Egypt ($10.5M), Switzerland ($218k), and Montenegro ($109k).

Imports In 2020, Spain imported $5.5B in Petroleum Gas, becoming the 12th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 5th most imported product in Spain. Spain imports Petroleum Gas primarily from: Algeria ($1.8B), United States ($1.2B), Nigeria ($575M), France ($399M), and Trinidad and Tobago ($344M).

The fastest growing import markets in Petroleum Gas for Spain between 2019 and 2020 were Equatorial Guinea ($107M), Egypt ($22M), and Argentina ($20.9M).

Tariffs In 2019, the average tariff for Spain in Petroleum Gas was 0.26%. The countries with the highest import tariffs for Petroleum Gas were Republic of the Congo (Most Favoured Nation duty rate treatement, 0.72%), Western Sahara (Most Favoured Nation duty rate treatement, 0.72%), Gabon (Most Favoured Nation duty rate treatement, 0.72%), Libya (Most Favoured Nation duty rate treatement, 0.72%), and Mayotte (Most Favoured Nation duty rate treatement, 0.72%).

November 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (November 2020 - November 2021): €162M, (718%)

IMPORT GROWTH (November 2020 - November 2021): €1.09B, (292%)

MAIN EXPORTER (November 2021): Madrid, €89M

MAIN DESTINATION (November 2021): China, €88M

This section shows Petroleum Gas's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Petroleum Gas over time.

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Historical Data

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EXPORTS (2020): $440M

IMPORTS (2020): $5.5B

NET TRADE (2020): -$5.06B

In 2020, Spain exported $440M in Petroleum Gas. The main destinations of Spain exports on Petroleum Gas were Portugal ($145M), Morocco ($136M), Netherlands ($58.3M), France ($38.4M), and Belgium ($23.7M).

In 2020, Spain imported $5.5B in Petroleum Gas, mainly from Algeria ($1.8B), United States ($1.2B), Nigeria ($575M), France ($399M), and Trinidad and Tobago ($344M).

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IN 2020, Spain HAD A POSITIVE NET TRADE IN Petroleum Gas WITH:

IN 2020, Spain HAD A NEGATIVE NET TRADE IN Petroleum Gas WITH:

Flow

THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Spain WERE (2019 - 2020):

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

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Market Concentration

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In 2019, Spain's main exporting competitors in Petroleum Gas were:

In 2019, Spain's main importing competitors in Petroleum Gas were:

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Tariffs by Country

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In 2019, the average tariff for Spain in Petroleum Gas was 0.26%.

The countries with the highest tariffs for Petroleum Gas in Spain were Republic of the Congo (Most Favoured Nation duty rate treatement, 0.72%), Western Sahara (Most Favoured Nation duty rate treatement, 0.72%), Gabon (Most Favoured Nation duty rate treatement, 0.72%), Libya (Most Favoured Nation duty rate treatement, 0.72%), and Mayotte (Most Favoured Nation duty rate treatement, 0.72%).