Imports
€60.5M
59.1M kg
Exports
€2.3M
382K kg
Balance
€-58.2M
Deficit
Price/kg
€1.02/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €58.2M for Lubricating oils; other oils, For undergoing chemical transformation by a process other than those specified in respect of subheading|2710|19|71 (NC8 27101975), a predominantly imported product. Imports reached €60.5M versus €2.3M in exports. The average import cost stood at €1.02/kg.
| 1 | 🇷🇺 Russia | €53.6M | 88.6% |
| 2 | 🇲🇾 Malaysia | €1.6M | 2.6% |
| 3 | 🇹🇲 Turkmenistan | €1.6M | 2.6% |
| 4 | 🇶🇦 Qatar | €1.1M | 1.8% |
| 5 | 🇦🇿 Azerbaijan | €914K | 1.5% |
| 6 | 🇬🇧 United Kingdom | €140K | 0.2% |
| 7 | 🇮🇳 India | €88K | 0.1% |
| 8 | 🇺🇸 United States | €18K | 0.0% |
| 9 | 🇨🇭 Switzerland | €5K | 0.0% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇨🇺 Cuba | €993K | 42.7% |
| 2 | 🇳🇴 Norway | €316K | 13.6% |
| 3 | 🇲🇦 Morocco | €195K | 8.4% |
| 4 | 🇹🇷 Türkiye | €126K | 5.4% |
| 5 | 🇹🇳 Tunisia | €122K | 5.3% |
| 6 | 🇯🇲 Jamaica | €94K | 4.1% |
€0
€0
€0
€1.02/kg
€6.09/kg
8,270
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇷🇺 Russia | €53.6M | 54.4Mt | €0.9856/kg | 90.8% | |
| 2 | 🇲🇾 Malaysia | €1.6M | 828Kt | €1.93/kg | 2.7% | |
| 3 | 🇹🇲 TM | €1.6M | 1.5Mt | €1.03/kg | 2.7% | |
| 4 | 🇶🇦 Qatar | €1.1M | 623Kt | €1.72/kg | 1.8% | |
| 5 | 🇦🇿 Azerbaijan | €914K | 868Kt | €1.05/kg | 1.5% | |
| 6 | 🇬🇧 United Kingdom | €140K | 9Kt | €15.82/kg | 0.2% | |
| 7 | 🇮🇳 India | €88K | 52Kt | €1.70/kg | 0.1% | |
| 8 | 🇺🇸 United States | €18K | 1Kt | €12.33/kg | 0.0% | |
| 9 | 🇨🇭 Switzerland | €5K | 925 | €5.57/kg | 0.0% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇺 CU | €993K | 117Kt | €8.47/kg | 53.8% | |
| 2 | 🇳🇴 Norway | €316K | 42Kt | €7.46/kg | 17.1% | |
| 3 | 🇲🇦 Morocco | €195K | 45Kt | €4.29/kg | 10.5% | |
| 4 | 🇹🇷 Turkey | €126K | 24Kt | €5.23/kg | 6.8% | |
| 5 | 🇹🇳 Tunisia | €122K | 21Kt | €5.77/kg | 6.6% | |
| 6 | 🇯🇲 JM | €94K | 10Kt | €9.51/kg | 5.1% |