Overview: In January 2021 United States' Crude Petroleum exports accounted up to $4.68B and imports accounted up to $7.26B, resulting in a negative trade balance of $2.58B. Between January 2020 and January 2021 the exports of United States' Crude Petroleum have decreased by $-1.56B (-25%) from $6.24B to $4.68B, while imports decreased by $-3.11B (-30%) from $10.4B to $7.26B.
Destinations: In January 2021 Crude Petroleum exported mostly to India ($673M), China ($585M), Canada ($543M), South Korea ($500M), and United Kingdom ($351M), and imported mostly from Canada ($4.34B), Mexico ($937M), Saudi Arabia ($305M), Colombia ($276M), and Ecuador ($266M).
Growth: In January 2021, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to Canada ($-645M or -54.3%), South Korea ($-584M or -53.9%), and Netherlands ($-341M or -60.2%). In January 2021, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from Canada ($-1.39B or -24.2%), Saudi Arabia ($-588M or -65.8%), and Colombia ($-355M or -56.2%).