Mineral fuels, mineral oils and products of their distillation in United States

Overview: In January 2021 United States' Mineral fuels, mineral oils and products of their distillation exports accounted up to $15.4B and imports accounted up to $12.1B, resulting in a positive trade balance of $3.34B. Between January 2020 and January 2021 the exports of United States'   Mineral fuels, mineral oils and products of their distillation have decreased by $-2.61B (-14.5%) from $18B to $15.4B, while imports decreased by $-3.88B (-24.3%) from $15.9B to $12.1B.

Destinations: In January 2021 Mineral fuels, mineral oils and products of their distillation exported mostly to Mexico ($2.31B), Canada ($1.4B), China ($1.19B), Japan ($1.18B), and South Korea ($1.13B), and imported mostly from Canada ($6.07B), Russia ($1.19B), Mexico ($1.09B), Colombia ($376M), and Saudi Arabia ($362M).

Growth: In January 2021, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year exports was explained primarily by a decrease in exports to Canada ($-1.15B or -45.2%), Mexico ($-561M or -19.6%), and Netherlands ($-548M or -54.4%). In January 2021, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year imports was explained primarily by a decrease in imports from Canada ($-1.67B or -21.5%), Saudi Arabia ($-557M or -60.6%), and Colombia ($-380M or -50.3%).