2023
Exports
$143MWorld Rnk 63 / 150
Flag Rnk 478 / 1216
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$30.1BWorld Rnk 11 / 159
Flag Rnk 3 / 1214
2023
ECONOMIC COMPLEXITY of France
1.34Rnk 16 / 132

About

Exports In 2023, France exported $143M in Crude Petroleum, making it the 63rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 478th most exported product in France. The main destination of Crude Petroleum exports from France are: Belgium ($65.8M), Spain ($47M), United States ($16.2M), Netherlands ($7.01M), and Switzerland ($2.89M).

The fastest growing export markets for Crude Petroleum of France between 2022 and 2023 were Spain ($43.7M), United States ($16.2M), and Netherlands ($6.81M).

Imports In 2023, France imported $30.1B in Crude Petroleum, becoming the 11th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most imported product in France. France imports Crude Petroleum primarily from: United States ($6.08B), Nigeria ($4.38B), Kazakhstan ($3.14B), Algeria ($3.05B), and Libya ($2.55B).

The fastest growing import markets in Crude Petroleum for France between 2022 and 2023 were Guyana ($509M), Iraq ($476M), and Libya ($330M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$143M
IMPORTS (2023)$30.1B
NET TRADE (2023)-$30B

In 2023, France exported $143M in Crude Petroleum. The main destinations of France exports on Crude Petroleum were Belgium ($65.8M), Spain ($47M), United States ($16.2M), Netherlands ($7.01M), and Switzerland ($2.89M).

In 2023, France imported $30.1B in Crude Petroleum, mainly from United States ($6.08B), Nigeria ($4.38B), Kazakhstan ($3.14B), Algeria ($3.05B), and Libya ($2.55B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR France WERE (2022 - 2023):
Spain$43.7M (1.34k%)
United States$16.2M (356k%)
Netherlands$6.81M (3.54k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY France WERE (2022 - 2023):
Belgium-$39.9M (-37.7%)
Germany-$1.1M (-34.4%)
Austria-$471k (-28.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, France's main exporting competitors in Crude Petroleum were:
In 2023, France's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $8.6M
TOP IMPORT POTENTIALRussia+ $1.62B

Crude Petroleum’s highest export potential is Belgium. With an export gap of $8.6M.   Crude Petroleum’s highest import potential is Russia with an import gap of $1.62B.

See methodology.

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