Overview: In April 2021 United Kingdom's Refined Petroleum exports accounted up to £485M and imports accounted up to £611M, resulting in a negative trade balance of £126M. Between April 2020 and April 2021 the exports of United Kingdom's Refined Petroleum have increased by £178M (58%) from £307M to £485M, while imports increased by £241M (65.1%) from £370M to £611M.
Destinations: In April 2021, Refined Petroleum were exported mostly to Netherlands (£138M), Belgium (£77.1M), Ireland (£58.4M), Nigeria (£50.1M), and United States (£40.1M), and were imported mostly from Russia (£225M), Netherlands (£98.4M), United Arab Emirates (£77.3M), Kuwait (£54.4M), and Belgium (£38.4M).
Growth: In April 2021, the increase in Refined Petroleum's year-by-year exports was explained primarily by an increase in exports to Belgium (£40.6M or 111%), Nigeria (£33.9M or 208%), and Netherlands (£32.9M or 31.4%). In April 2021, the increase in Refined Petroleum's year-by-year imports was explained primarily by an increase in imports from Russia (£136M or 151%), United Arab Emirates (£62.2M or 414%), and Netherlands (£46.4M or 89.2%).