Imports
€1134.3B
1938.4B kg
Exports
€1.3B
3.1B kg
Balance
€-1133.0B
Deficit
Price/kg
€0.5852/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €1133.0B for MINERAL FUELS, MINERAL OILS AND PRODUCTS OF THEIR DISTILLATION; BITUMINOUS SUBSTANCES; MINERAL WAXES, Petroleum oils and oils obtained from bituminous minerals, crude (NC8 2709), a predominantly imported product. Imports reached €1134.3B versus €1.3B in exports. The average import cost stood at €0.5852/kg.
| Share (%) |
|---|
| 1 | 🇺🇸 United States | €163.3B | 14.4% |
| 2 | 🇳🇴 Norway | €145.5B | 12.8% |
| 3 | 🇰🇿 Kazakhstan | €113.0B | 10.0% |
| 4 | 🇱🇾 Libya | €86.2B | 7.6% |
| 5 | 🇸🇦 Saudi Arabia | €81.8B | 7.2% |
| 6 | 🇩🇿 Algeria | €4.7B | 0.4% |
| 7 | 🇷🇺 Russia | €1.8B | 0.2% |
| 8 | 🇬🇧 United Kingdom | €1.5B | 0.1% |
| 9 | 🇮🇱 Israel | €267.7M | 0.0% |
| 10 | 🇶🇼 QW | €90 | 0.0% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇹🇷 Türkiye | €912.6M | 70.0% |
| 2 | 🇽🇸 XS | €62.5M | 4.8% |
| 3 | 🇮🇱 Israel | €58.1M | 4.5% |
| 4 | 🇬🇧 United Kingdom | €58.0M | 4.5% |
| 5 | 🇿🇦 South Africa | €41.2M | 3.2% |
| 6 | 🇶🇼 QW | €34.8M | 2.7% |
| 7 | 🇺🇸 United States | €30.4M | 2.3% |
| 8 | 🇧🇷 Brazil | €19.2M | 1.5% |
| 9 | 🇪🇬 Egypt | €9.9M | 0.8% |
| 10 | 🇱🇾 Libya | €1.8M | 0.1% |
€0
€0
€0
€0.5852/kg
€0.4192/kg
2,090
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €163.3B | 267.7Bt | €0.6099/kg | 27.3% | |
| 2 | 🇳🇴 Norway | €145.5B | 227.7Bt | €0.6391/kg | 24.3% | |
| 3 | 🇰🇿 Kazakhstan | €113.0B | 197.1Bt | €0.5735/kg | 18.9% | |
| 4 | 🇱🇾 Libya | €86.2B | 147.6Bt | €0.5842/kg | 14.4% | |
| 5 | 🇸🇦 Saudi Arabia | €81.8B | 141.8Bt | €0.5767/kg | 13.7% | |
| 6 | 🇩🇿 Algeria | €4.7B | 7.1Bt | €0.6618/kg | 0.8% | |
| 7 | 🇷🇺 Russia | €1.8B | 3.1Bt | €0.5830/kg | 0.3% | |
| 8 | 🇬🇧 United Kingdom | €1.5B | 2.4Bt | €0.6406/kg | 0.3% | |
| 9 | 🇮🇱 Israel | €267.7M | 593.6Mt | €0.4509/kg | 0.0% | |
| 10 | 🇶🇼 QW | €90 | 3 | €30.00/kg | 0.0% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇹🇷 Turkey | €912.6M | 2.3Bt | €0.4041/kg | 74.3% | |
| 2 | 🇽🇸 XS | €62.5M | 108.0Mt | €0.5783/kg | 5.1% | |
| 3 | 🇮🇱 Israel | €58.1M | 139.2Mt | €0.4171/kg | 4.7% | |
| 4 | 🇬🇧 United Kingdom | €58.0M | 115.8Mt | €0.5008/kg | 4.7% | |
| 5 | 🇿🇦 South Africa | €41.2M | 74.2Mt | €0.5550/kg | 3.4% | |
| 6 | 🇶🇼 QW | €34.8M | 80.5Mt | €0.4318/kg | 2.8% | |
| 7 | 🇺🇸 United States | €30.4M | 50.0Mt | €0.6080/kg | 2.5% | |
| 8 | 🇧🇷 Brazil | €19.2M | 30.6Mt | €0.6281/kg | 1.6% | |
| 9 | 🇪🇬 Egypt | €9.9M | 28.2Mt | €0.3498/kg | 0.8% | |
| 10 | 🇱🇾 Libya | €1.8M | 3.3Mt | €0.5425/kg | 0.1% |