Extra-EU sourcing of Crude oil, Other is highly concentrated. 🇺🇦 Ukraine captures 46.5% of imports (€40.5M), followed by 🇨🇦 Canada (23.8%). With an HHI of 3093, this Concentrated market exposes the EU to supply dependency risks.
European exports of Crude oil, Other are concentrated on a few markets. 🇳🇴 Norway accounts for 53.1% (€57.0M), ahead of 🇨🇱 Chile (25.7%). The top three destinations are 🇳🇴 Norway, 🇨🇱 Chile, 🇨🇳 China.
Within the EU, 🇳🇱 Netherlands concentrates 85.0% of Crude oil, Other imports, well ahead of 🇬🇷 Greece (5.2%). The top importing member states are 🇳🇱 Netherlands, 🇬🇷 Greece, 🇸🇪 Sweden.
In 2025, trade flows diverged: imports were surging (1633.3%) while exports were falling sharply (-45.3%), signalling a structural market shift.