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2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $680M | $3.38BIndia |  United States

About

Exports In 2022, Spain exported N/A in Crude Petroleum, making it the 40th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 68th most exported product in Spain. The main destination of Crude Petroleum exports from Spain are: India ($680M), France ($301M), Italy ($57.7M), Poland ($24.5M), and Lithuania ($5.51M).

The fastest growing export markets for Crude Petroleum of Spain between 2021 and 2022 were India ($680M), France ($121M), and Poland ($24.5M).

The fastest growing import markets in Crude Petroleum for Spain between 2021 and 2022 were United States ($3.38B), Brazil ($2.5B), and Iraq ($1.45B).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Crude Petroleum exports accounted up to €121M and imports accounted up to €3.22B, resulting in a negative trade balance of €3.09B. Between January 2023 and January 2024 the exports of Spain's   Crude Petroleum have increased by €5.92M (5.15%) from €115M to €121M, while imports increased by €222M (7.4%) from €2.99B to €3.22B.

Destinations In January 2024, Crude Petroleum were exported mostly to N/A, and were imported mostly from N/A.

Growth In January 2024, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to N/A. In January 2024, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)€5.92M(5.15%)
IMPORT GROWTH (January 2023 - January 2024)€222M(7.4%)
MAIN EXPORTER (January 2024)Murcia€46.2M

This section shows Crude 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 Crude Petroleum over time.

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Historical Data

Trade Balance

Color

In N/A, Spain exported N/A in Crude Petroleum. The main destinations of Spain exports on Crude Petroleum were India ($680M), France ($301M), Italy ($57.7M), Poland ($24.5M), and Lithuania ($5.51M).

In N/A, Spain imported N/A in Crude Petroleum, mainly from Nigeria ($6.72B), United States ($5.5B), Brazil ($3.57B), Libya ($3.35B), and Mexico ($3.26B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Spain WERE (2021 - 2022):
India$680M (1%)
France$121M (67.3%)
Poland$24.5M (986k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Spain WERE (2021 - 2022):
Italy-$62.7M (-52.1%)
Slovenia-$42.5M (-100%)
Portugal-$26.5M (-85.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Spain's main exporting competitors in Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B

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Trade Value of Crude Petroleum by Exporters

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