Overview: In May 2021 United States' Crude Petroleum exports accounted up to $5.16B and imports accounted up to $10.5B, resulting in a negative trade balance of $5.3B. Between May 2020 and May 2021 the exports of United States' Crude Petroleum have increased by $2.66B (106%) from $2.5B to $5.16B, while imports increased by $6.52B (166%) from $3.93B to $10.5B.
Destinations: In May 2021, Crude Petroleum were exported mostly to India ($723M), China ($687M), Canada ($547M), South Korea ($478M), and United Kingdom ($450M), and were imported mostly from Canada ($5.72B), Mexico ($1.08B), Russia ($567M), Saudi Arabia ($508M), and Ecuador ($384M).
Growth: In May 2021, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to India ($587M or 433%), Canada ($325M or 146%), and United Kingdom ($310M or 222%). In May 2021, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from Canada ($4.1B or 253%), Mexico ($605M or 126%), and Russia ($558M or 5.89k%).