2022
Exports
$17.2BWorld Rnk 15 / 214
Flag Rnk 2 / 1214
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$11.2BWorld Rnk 28 / 225
Flag Rnk 6 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $17.2B in Refined Petroleum, making it the 15th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Spain. The main destination of Refined Petroleum exports from Spain are: Netherlands ($2.3B), United States ($2.18B), France ($2.15B), Morocco ($1.81B), and Portugal ($1.62B).

The fastest growing export markets for Refined Petroleum of Spain between 2021 and 2022 were Netherlands ($1.26B), United States ($801M), and France ($624M).

Imports In 2022, Spain imported $11.2B in Refined Petroleum, becoming the 28th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 6th most imported product in Spain. Spain imports Refined Petroleum primarily from: Italy ($1.53B), Russia ($1.49B), Netherlands ($1.46B), United Arab Emirates ($683M), and Saudi Arabia ($676M).

The fastest growing import markets in Refined Petroleum for Spain between 2021 and 2022 were Netherlands ($584M), Greece ($359M), and Turkey ($340M).

COMPANIES In 2023, leading companies such as COSENTINO NORTH AMERICA INC. (3) and IKEA SUPPLY AG (1) were at the forefront of shipping Refined Petroleum from Spain to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)€-306M(-20%)
IMPORT GROWTH (February 2023 - February 2024)€-504M(-46.9%)
MAIN EXPORTER (February 2024)Cádiz€285M
MAIN DESTINATION (February 2024)Rest of the world€412M

This section shows Refined Petroleum'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 Refined Petroleum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.2B
IMPORTS (2022)$11.2B
NET TRADE (2022)$6B

In 2022, Spain exported $17.2B in Refined Petroleum. The main destinations of Spain exports on Refined Petroleum were Netherlands ($2.3B), United States ($2.18B), France ($2.15B), Morocco ($1.81B), and Portugal ($1.62B).

In 2022, Spain imported $11.2B in Refined Petroleum, mainly from Italy ($1.53B), Russia ($1.49B), Netherlands ($1.46B), United Arab Emirates ($683M), and Saudi Arabia ($676M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Netherlands$1.26B (122%)
United States$801M (57.9%)
France$624M (40.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Spain WERE (2021 - 2022):
South Korea-$170M (-96.9%)
Japan-$127M (-33.3%)
Italy-$92.2M (-10.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Refined Petroleum were:
In 2022, Spain's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

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