HS Icon Refined Petroleum in  Flag Germany

2019
Exports | Imports
: $12.6B | $23.5B, World Rnk 13 / 214
Flag Rnk 15 / 1216 | World Rnk 5 / 225
Flag Rnk 5 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $74.9M | $618M, Belgium |  Netherlands

2019
ECONOMIC COMPLEXITY of Germany
: 1.93, Rnk 4 / 147

2019
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.87, Rnk 800 / 1029

Exports In 2019, Germany exported $12.6B in Refined Petroleum, making it the 13th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 15th most exported product in Germany. The main destination of Refined Petroleum exports from Germany are: Austria ($2.58B), Switzerland ($2.41B), Netherlands ($1.67B), Czechia ($1.05B), and Poland ($844M).

The fastest growing export markets for Refined Petroleum of Germany between 2018 and 2019 were Belgium ($74.9M), France ($22.9M), and South Korea ($13.5M).

Imports In 2019, Germany imported $23.5B in Refined Petroleum, becoming the 5th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most imported product in Germany. Germany imports Refined Petroleum primarily from: Netherlands ($11.3B), Belgium ($4.38B), Russia ($3.07B), France ($784M), and Sweden ($526M).

The fastest growing import markets in Refined Petroleum for Germany between 2018 and 2019 were Netherlands ($618M), Saudi Arabia ($111M), and Libya ($78.1M).

Tariffs In 2017, the average tariff for Germany in Refined Petroleum was 0.75%. The countries with the highest import tariffs for Refined Petroleum were Western Sahara (Most Favoured Nation duty rate treatement, 2.54%), Gabon (Most Favoured Nation duty rate treatement, 2.54%), Libya (Most Favoured Nation duty rate treatement, 2.54%), Mayotte (Most Favoured Nation duty rate treatement, 2.54%), and Reunion (Most Favoured Nation duty rate treatement, 2.54%).

Historical Data

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EXPORTS (2019): $12.6B

IMPORTS (2019): $23.5B

NET TRADE (2019): -$10.9B

In 2019, Germany exported $12.6B in Refined Petroleum. The main destinations of Germany exports on Refined Petroleum were Austria ($2.58B), Switzerland ($2.41B), Netherlands ($1.67B), Czechia ($1.05B), and Poland ($844M).

In 2019, Germany imported $23.5B in Refined Petroleum, mainly from Netherlands ($11.3B), Belgium ($4.38B), Russia ($3.07B), France ($784M), and Sweden ($526M).

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IN 2019, Germany HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2019, Germany HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Germany WERE (2018 - 2019):

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

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Market Concentration

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In 2019, Germany's main exporting competitors in Refined Petroleum were:

In 2019, Germany's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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In 2017, the average tariff for Germany in Refined Petroleum was 0.75%.

The countries with the highest tariffs for Refined Petroleum in Germany were Western Sahara (Most Favoured Nation duty rate treatement, 2.54%), Gabon (Most Favoured Nation duty rate treatement, 2.54%), Libya (Most Favoured Nation duty rate treatement, 2.54%), Mayotte (Most Favoured Nation duty rate treatement, 2.54%), and Reunion (Most Favoured Nation duty rate treatement, 2.54%).