Petroleum oils, oils from bituminous minerals, crude in United States

About

Exports In 2022, United States exported N/A in Petroleum oils, oils from bituminous minerals, crude, making it the 4th largest exporter of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 2nd most exported product in United States. The main destination of Petroleum oils, oils from bituminous minerals, crude exports from United States are: South Korea ($13.2B), Canada ($11.8B), United Kingdom ($11.4B), Netherlands ($11.3B), and India ($10.8B).

The fastest growing export markets for Petroleum oils, oils from bituminous minerals, crude of United States between 2021 and 2022 were Singapore ($6.58B), United Kingdom ($5.88B), and Netherlands ($4.73B).

Imports In 2022, United States imported $199B in Petroleum oils, oils from bituminous minerals, crude, becoming the 2nd largest importer of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 1st most imported product in United States. United States imports Petroleum oils, oils from bituminous minerals, crude primarily from: Canada ($117B), Mexico ($21.2B), Saudi Arabia ($16.6B), Iraq ($7.87B), and Colombia ($6.05B).

The fastest growing import markets in Petroleum oils, oils from bituminous minerals, crude for United States between 2021 and 2022 were Canada ($37.6B), Mexico ($16.2B), and Saudi Arabia ($7.61B).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Petroleum oils, oils from bituminous minerals, crude to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Petroleum oils, oils from bituminous minerals, crude exports accounted up to $10.3B and imports accounted up to $14.6B, resulting in a negative trade balance of $4.29B. Between June 2023 and June 2024 the exports of United States' Petroleum oils, oils from bituminous minerals, crude have increased by $1.96B (23.6%) from $8.32B to $10.3B, while imports increased by $1.78B (13.9%) from $12.8B to $14.6B.

Destinations In June 2024, Petroleum oils, oils from bituminous minerals, crude were exported mostly to N/A, and were imported mostly from Canada ($8.27B), Mexico ($1.18B), Guyana ($703M), Saudi Arabia ($616M), and Iraq ($511M).

Growth In June 2024, the increase in Petroleum oils, oils from bituminous minerals, crude's year-by-year exports was explained primarily by an increase in exports to Netherlands ($942M or 383%), Sweden ($164M or 469%), and Norway ($160M or 1.79k%). In June 2024, the increase in Petroleum oils, oils from bituminous minerals, crude's year-by-year imports was explained primarily by an increase in imports from Nigeria ($558M or 1.06k%), Ecuador ($216M or 128%), and Brazil ($117M or 42.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$1.96B(23.6%)

IMPORT GROWTH (June 2023 - June 2024)$1.78B(13.9%)

MAIN EXPORTER (June 2024)Texas$10.1B

This section shows Petroleum oils, oils from bituminous minerals, crude's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Petroleum oils, oils from bituminous minerals, crude over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download