Exports: In 2019, Portugal exported $2.23B in Refined Petroleum, making it the 40th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Portugal. The main destination of Refined Petroleum exports from Portugal are: United States ($797M), Spain ($453M), Netherlands ($225M), Morocco ($193M), and France ($148M).
The fastest growing export markets for Refined Petroleum of Portugal between 2018 and 2019 were France ($58.4M), Togo ($23.7M), and Slovenia ($23.3M).
Imports: In 2019, Portugal imported $2.02B in Refined Petroleum, becoming the 66th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 6th most imported product in Portugal. Portugal imports Refined Petroleum primarily from: Spain ($787M), Belgium ($263M), Brazil ($135M), Russia ($119M), and Netherlands ($105M).
The fastest growing import markets in Refined Petroleum for Portugal between 2018 and 2019 were Brazil ($105M), Belgium ($97.3M), and India ($74.3M).
Tariffs: In 2017, the average tariff for Portugal in Refined Petroleum was 0.75%. The countries with the highest import tariffs for Refined Petroleum were Western Sahara (2.54%), Gabon (2.54%), Libya (2.54%), Mayotte (2.54%), and Reunion (2.54%).