Overview In June 2021 United Kingdom's Refined Petroleum exports accounted up to £547M and imports accounted up to £648M, resulting in a negative trade balance of £101M. Between June 2020 and June 2021 the exports of United Kingdom's Refined Petroleum have increased by £139M (34.1%) from £408M to £547M, while imports increased by £80M (14.1%) from £568M to £648M.
Destinations In June 2021, Refined Petroleum were exported mostly to Netherlands (£130M), Belgium (£112M), Nigeria (£89.3M), Ireland (£84.7M), and United States (£52.6M), and were imported mostly from Russia (£144M), United Arab Emirates (£79.6M), Belgium (£79.4M), Norway (£73.1M), and Sweden (£62.6M).
Growth In June 2021, the increase in Refined Petroleum's year-by-year exports was explained primarily by an increase in exports to Nigeria (£77.8M or 673%), Belgium (£59.7M or 114%), and Netherlands (£19.2M or 17.2%). In June 2021, the increase in Refined Petroleum's year-by-year imports was explained primarily by an increase in imports from Russia (£81.7M or 130%), United Arab Emirates (£61.1M or 329%), and Norway (£55.5M or 316%).