2022
Exports
$24.5MWorld Rnk 89 / 149
Flag Rnk 837 / 1217
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$32.3BWorld Rnk 14 / 158
Flag Rnk 4 / 1215
2022
ECONOMIC COMPLEXITY of France
1.3Rnk 16 / 133

About

Exports In 2022, France exported $24.5M in Crude Petroleum, making it the 89th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 837th most exported product in France. The main destination of Crude Petroleum exports from France are: Belgium ($19.6M), Germany ($2.75M), Austria ($1.24M), Spain ($837k), and Netherlands ($36.3k).

The fastest growing export markets for Crude Petroleum of France between 2021 and 2022 were Spain ($828k), Netherlands ($36.1k), and Switzerland ($5.72k).

Imports In 2022, France imported $32.3B in Crude Petroleum, becoming the 14th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most imported product in France. France imports Crude Petroleum primarily from: United States ($5.9B), Nigeria ($4.18B), Algeria ($2.93B), Kazakhstan ($2.82B), and Saudi Arabia ($2.6B).

The fastest growing import markets in Crude Petroleum for France between 2021 and 2022 were United States ($3.32B), Angola ($2.19B), and Nigeria ($1.63B).

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$24.5M
IMPORTS (2022)$32.3B
NET TRADE (2022)-$32.3B

In 2022, France exported $24.5M in Crude Petroleum. The main destinations of France exports on Crude Petroleum were Belgium ($19.6M), Germany ($2.75M), Austria ($1.24M), Spain ($837k), and Netherlands ($36.3k).

In 2022, France imported $32.3B in Crude Petroleum, mainly from United States ($5.9B), Nigeria ($4.18B), Algeria ($2.93B), Kazakhstan ($2.82B), and Saudi Arabia ($2.6B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR France WERE (2021 - 2022):
Spain$828k (8.92k%)
Netherlands$36.1k (15.8k%)
Switzerland$5.72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY France WERE (2021 - 2022):
Belgium-$19.5M (-49.9%)
Gibraltar-$8.44M (-100%)
United Kingdom-$2.79M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, France's main exporting competitors in Crude Petroleum were:
In 2022, France's main importing competitors in Crude Petroleum were:

Explore Visualizations

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with