Overview In November 2022 United States' Crude Petroleum exports accounted up to $10.4B and imports accounted up to $14.6B, resulting in a negative trade balance of $4.14B. Between November 2021 and November 2022 the exports of United States' Crude Petroleum have increased by $3.48B (50.1%) from $6.95B to $10.4B, while imports increased by $562M (4.01%) from $14B to $14.6B.
Destinations In November 2022, Crude Petroleum were exported mostly to South Korea ($1.43B), India ($1.41B), Netherlands ($1.05B), Canada ($975M), and Singapore ($865M), and were imported mostly from Canada ($8.06B), Saudi Arabia ($1.31B), Mexico ($1.31B), Iraq ($595M), and Brazil ($551M).
Growth In November 2022, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to India ($229M or 51.7%), Panama ($43.4M or 163%), and Spain ($35M or 29.9%). In November 2022, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from Nigeria ($77M or 69.1%), Norway ($43.6M or 3.41k%), and Ghana ($37.2M or 56.1%).