Imports
€1117.9B
1913.8B kg
Exports
€1.2B
2.9B kg
Balance
€-1116.7B
Deficit
Price/kg
€0.5841/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €1116.7B for Petroleum oils and oils obtained from bituminous minerals, crude, Other (NC8 27090090), a predominantly imported product. Imports reached €1117.9B versus €1.2B in exports. The average import cost stood at €0.5841/kg.
| 🇺🇸 United States |
| €161.4B |
| 14.4% |
| 2 | 🇳🇴 Norway | €142.0B | 12.7% |
| 3 | 🇰🇿 Kazakhstan | €113.0B | 10.1% |
| 4 | 🇱🇾 Libya | €86.2B | 7.7% |
| 5 | 🇸🇦 Saudi Arabia | €81.8B | 7.3% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇹🇷 Türkiye | €912.6M | 76.7% |
| 2 | 🇽🇸 XS | €58.3M | 4.9% |
| 3 | 🇮🇱 Israel | €58.1M | 4.9% |
| 4 | 🇿🇦 South Africa | €41.2M | 3.5% |
| 5 | 🇶🇼 QW | €34.8M | 2.9% |
| 6 | 🇪🇬 Egypt | €9.9M | 0.8% |
€0
€0
€0
€0.5841/kg
€0.4102/kg
2,141
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €161.4B | 264.5Bt | €0.6102/kg | 27.6% | |
| 2 | 🇳🇴 Norway | €142.0B | 224.1Bt | €0.6334/kg | 24.3% | |
| 3 | 🇰🇿 Kazakhstan | €113.0B | 197.1Bt | €0.5735/kg | 19.3% | |
| 4 | 🇱🇾 Libya | €86.2B | 147.6Bt | €0.5842/kg | 14.8% | |
| 5 | 🇸🇦 Saudi Arabia | €81.8B | 141.8Bt | €0.5767/kg | 14.0% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇹🇷 Turkey | €912.6M | 2.3Bt | €0.4041/kg | 81.9% | |
| 2 | 🇽🇸 XS | €58.3M | 98.7Mt | €0.5906/kg | 5.2% | |
| 3 | 🇮🇱 Israel | €58.1M | 139.2Mt | €0.4171/kg | 5.2% | |
| 4 | 🇿🇦 South Africa | €41.2M | 74.2Mt | €0.5550/kg | 3.7% | |
| 5 | 🇶🇼 QW | €34.8M | 80.5Mt | €0.4318/kg | 3.1% | |
| 6 | 🇪🇬 Egypt | €9.9M | 28.2Mt | €0.3498/kg | 0.9% |