Imports
€16.6B
25.1B kg
Exports
€1.2B
1.9B kg
Balance
€-15.4B
Deficit
Price/kg
€0.6604/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €15.4B for Light oils and preparations, For undergoing a specific process (NC8 27101211), a predominantly imported product. Imports reached €16.6B versus €1.2B in exports. The average import cost stood at €0.6604/kg.
| €5.0B |
| 29.9% |
| 2 | 🇷🇺 Russia | €3.0B | 18.0% |
| 3 | 🇺🇸 United States | €2.5B | 15.2% |
| 4 | 🇹🇷 Türkiye | €1.2B | 7.2% |
| 5 | 🇳🇴 Norway | €1.0B | 6.1% |
| 6 | 🇬🇧 United Kingdom | €274.0M | 1.7% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇮 Gibraltar | €401.3M | 33.1% |
| 2 | 🇨🇳 China | €280.6M | 23.1% |
| 3 | 🇰🇷 South Korea | €246.5M | 20.3% |
| 4 | 🇺🇸 United States | €110.8M | 9.1% |
| 5 | 🇨🇭 Switzerland | €53.6M | 4.4% |
| 6 | 🇯🇵 Japan | €2.2M | 0.2% |
| 7 | 🇳🇴 Norway | €149K | 0.0% |
| 8 | 🇮🇸 Iceland | €66K | 0.0% |
| 9 | 🇵🇫 French Polynesia | €33K | 0.0% |
€0
€0
€0
€0.6604/kg
€0.6417/kg
2,529
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇩🇿 Algeria | €5.0B | 7.7Bt | €0.6439/kg | 38.3% | |
| 2 | 🇷🇺 Russia | €3.0B | 4.2Bt | €0.7121/kg | 23.1% | |
| 3 | 🇺🇸 United States | €2.5B | 3.5Bt | €0.7118/kg | 19.5% | |
| 4 | 🇹🇷 Turkey | €1.2B | 2.0Bt | €0.6083/kg | 9.3% | |
| 5 | 🇳🇴 Norway | €1.0B | 1.7Bt | €0.5973/kg | 7.8% | |
| 6 | 🇬🇧 United Kingdom | €274.0M | 503.8Mt | €0.5439/kg | 2.1% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇮 GI | €401.3M | 633.9Mt | €0.6332/kg | 36.6% | |
| 2 | 🇨🇳 China | €280.6M | 460.4Mt | €0.6095/kg | 25.6% | |
| 3 | 🇰🇷 South Korea | €246.5M | 353.8Mt | €0.6966/kg | 22.5% | |
| 4 | 🇺🇸 United States | €110.8M | 162.7Mt | €0.6814/kg | 10.1% | |
| 5 | 🇨🇭 Switzerland | €53.6M | 98.3Mt | €0.5449/kg | 4.9% | |
| 6 | 🇯🇵 Japan | €2.2M | 4.0Mt | €0.5587/kg | 0.2% | |
| 7 | 🇳🇴 Norway | €149K | 57Kt | €2.62/kg | 0.0% | |
| 8 | 🇮🇸 Iceland | €66K | 26Kt | €2.56/kg | 0.0% | |
| 9 | 🇵🇫 PF | €33K | 12Kt | €2.70/kg | 0.0% |