Crude Petroleum in   Australia

Exports In 2023, Australia exported $6.38B in Crude Petroleum, making it the 26th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 7th most exported product in Australia. The main destination of Crude Petroleum exports from Australia are: South Korea ($1.47B), China ($1.2B), Thailand ($1.16B), Singapore ($754M), and Brunei ($467M).

The fastest growing export markets for Crude Petroleum of Australia between 2022 and 2023 were Japan ($135M), Brunei ($118M), and Malaysia ($102M).

Imports In 2023, Australia imported $5.47B in Crude Petroleum, becoming the 27th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 8th most imported product in Australia. Australia imports Crude Petroleum primarily from: Malaysia ($2.33B), United States ($886M), Vietnam ($698M), Brunei ($616M), and New Zealand ($223M).

The fastest growing import markets in Crude Petroleum for Australia between 2022 and 2023 were Vietnam ($253M), Gabon ($47.6M), and Thailand ($31M).