Overview: In October 2020 United States' Crude Petroleum exports accounted up to $3.68B and imports accounted up to $5.95B, resulting in a negative trade balance of $2.26B. Between October 2019 and October 2020 the exports of United States' Crude Petroleum have decreased by $-2.53B (-40.7%) from $6.21B to $3.68B, while imports decreased by $-3.86B (-39.4%) from $9.81B to $5.95B.
Destinations: In October 2020 Crude Petroleum exported mostly to China ($880M), Canada ($516M), India ($306M), Netherlands ($300M), and United Kingdom ($295M), and imported mostly from Canada ($3.54B), Mexico ($602M), Saudi Arabia ($331M), Ecuador ($267M), and Colombia ($220M).
Growth: In October 2020, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-487M or -61.9%), South Korea ($-475M or -66.4%), and Canada ($-387M or -42.9%). In October 2020, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from Canada ($-2.05B or -36.7%), Saudi Arabia ($-391M or -54.1%), and Mexico ($-271M or -31.1%).