2023
Exports
$20.6BWorld Rnk 13 / 214
Flag Rnk 8 / 1215
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$31.3BWorld Rnk 6 / 226
Flag Rnk 6 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $20.6B in Refined Petroleum, making it the 13th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 8th most exported product in Germany. The main destination of Refined Petroleum exports from Germany are: Austria ($3.79B), Switzerland ($3.51B), Netherlands ($2.99B), Poland ($2.27B), and Czechia ($2.16B).

The fastest growing export markets for Refined Petroleum of Germany between 2022 and 2023 were Ukraine ($137M), Hungary ($62.5M), and Italy ($42.8M).

Imports In 2023, Germany imported $31.3B in Refined Petroleum, becoming the 6th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 6th most imported product in Germany. Germany imports Refined Petroleum primarily from: Netherlands ($15.2B), Belgium ($5.5B), United States ($1.64B), India ($831M), and Kuwait ($738M).

The fastest growing import markets in Refined Petroleum for Germany between 2022 and 2023 were India ($724M), Kuwait ($703M), and United Arab Emirates ($629M).

COMPANIES In 2023, leading companies such as TE Connectivity (228), Robert Bosch (29), and Stihl (5) were at the forefront of shipping Refined Petroleum from Germany to the United States.

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 Refined 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)$20.6B
IMPORTS (2023)$31.3B
NET TRADE (2023)-$10.8B

In 2023, Germany exported $20.6B in Refined Petroleum. The main destinations of Germany exports on Refined Petroleum were Austria ($3.79B), Switzerland ($3.51B), Netherlands ($2.99B), Poland ($2.27B), and Czechia ($2.16B).

In 2023, Germany imported $31.3B in Refined Petroleum, mainly from Netherlands ($15.2B), Belgium ($5.5B), United States ($1.64B), India ($831M), and Kuwait ($738M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Germany WERE (2022 - 2023):
Ukraine$137M (139%)
Hungary$62.5M (30.9%)
Italy$42.8M (32%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Germany WERE (2022 - 2023):
Austria-$1.56B (-29.1%)
Netherlands-$877M (-22.7%)
France-$772M (-34.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Refined Petroleum were:
In 2023, Germany's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.36B
TOP IMPORT POTENTIALBelgium+ $2.47B

Refined Petroleum’s highest export potential is Netherlands. With an export gap of $1.36B.   Refined Petroleum’s highest import potential is Belgium with an import gap of $2.47B.

See methodology.

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