HS Icon Refined Petroleum in  Flag United Kingdom

2019
Exports | Imports
: $12.3B | $20.9B, World Rnk 14 / 214
Flag Rnk 7 / 1214 | World Rnk 7 / 225
Flag Rnk 4 / 1214

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $253M | $257M, Ireland |  South Korea

2019
ECONOMIC COMPLEXITY of United Kingdom
: 1.49, Rnk 14 / 147

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

Exports In 2019, United Kingdom exported $12.3B in Refined Petroleum, making it the 14th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 7th most exported product in United Kingdom. The main destination of Refined Petroleum exports from United Kingdom are: Netherlands ($3.14B), Ireland ($2.29B), United States ($2.13B), Belgium ($1.64B), and Nigeria ($635M).

The fastest growing export markets for Refined Petroleum of United Kingdom between 2018 and 2019 were Ireland ($253M), Portugal ($49.2M), and Gibraltar ($48.3M).

Imports In 2019, United Kingdom imported $20.9B in Refined Petroleum, becoming the 7th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most imported product in United Kingdom. United Kingdom imports Refined Petroleum primarily from: Netherlands ($3.29B), Russia ($2.35B), Belarus ($2.13B), Saudi Arabia ($1.67B), and Belgium ($1.35B).

The fastest growing import markets in Refined Petroleum for United Kingdom between 2018 and 2019 were South Korea ($257M), Kuwait ($163M), and Singapore ($136M).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): £139M, (34.1%)

IMPORT GROWTH (June 2020 - June 2021): £80M, (14.1%)

MAIN EXPORTER (June 2021): Milford, £161M

MAIN DESTINATION (June 2021): Netherlands, £130M

This section shows Refined Petroleum's exports and imports data at subnational level for United Kingdom. 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

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Value
Compare to

EXPORTS (2019): $12.3B

IMPORTS (2019): $20.9B

NET TRADE (2019): -$8.61B

In 2019, United Kingdom exported $12.3B in Refined Petroleum. The main destinations of United Kingdom exports on Refined Petroleum were Netherlands ($3.14B), Ireland ($2.29B), United States ($2.13B), Belgium ($1.64B), and Nigeria ($635M).

In 2019, United Kingdom imported $20.9B in Refined Petroleum, mainly from Netherlands ($3.29B), Russia ($2.35B), Belarus ($2.13B), Saudi Arabia ($1.67B), and Belgium ($1.35B).

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

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

Flow

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

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

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Market Concentration

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Type

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

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

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