Overview: In August 2020 United States' Refined Petroleum exports accounted up to $4.79B and imports accounted up to $2.94B, resulting in a positive trade balance of $1.84B. Between August 2019 and August 2020 the exports of United States' Refined Petroleum have decreased by $-2.96B (-38.2%) from $7.75B to $4.79B, while imports decreased by $-2.2B (-42.7%) from $5.14B to $2.94B.
Destinations: In August 2020 Refined Petroleum exported mostly to Mexico ($1.48B), Brazil ($654M), Canada ($418M), Chile ($199M), and Peru ($186M), and imported mostly from Russia ($727M), Canada ($499M), South Korea ($242M), India ($196M), and Mexico ($125M).
Growth: In August 2020, the decrease in Refined Petroleum's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-509M or -25.6%), Canada ($-326M or -43.8%), and Brazil ($-304M or -31.7%). In August 2020, the decrease in Refined Petroleum's year-by-year imports was explained primarily by a decrease in imports from Canada ($-443M or -47%), Netherlands ($-208M or -63.1%), and Russia ($-145M or -16.7%).