2021
Exports | Imports
$242B | $206BWorld Rnk 2 / 223
Flag Rnk 1 / 96
World Rnk 2 / 226
Flag Rnk 4 / 96
2021
ECONOMIC COMPLEXITY of United States
1.46Rnk 10 / 131
2021
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.53Rnk 360 / 1024

About

Exports In 2021, United States exported $242B in Mineral fuels, mineral oils and products of their distillation, making it the 2nd largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in United States. The main destination of Mineral fuels, mineral oils and products of their distillation exports from United States are: Mexico ($40.8B), Canada ($21.7B), South Korea ($16.3B), China ($15.5B), and India ($14.1B).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of United States between 2020 and 2021 were Mexico ($17B), India ($6.53B), and South Korea ($6.42B).

Imports In 2021, United States imported $206B in Mineral fuels, mineral oils and products of their distillation, becoming the 2nd largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 4th most imported product in United States. United States imports Mineral fuels, mineral oils and products of their distillation primarily from: Canada ($108B), Russia ($17.1B), Saudi Arabia ($10.1B), Mexico ($7.34B), and Colombia ($4.94B).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for United States between 2020 and 2021 were Canada ($45.8B), Russia ($11.3B), and Saudi Arabia ($3.07B).

Latest Trends

November 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - November 2023)$-3.54B(-11.5%)
IMPORT GROWTH (November 2022 - November 2023)$-1.86B(-7.95%)
MAIN EXPORTER (November 2023)Texas$19.6B
MAIN DESTINATION (November 2023)Mexico$3.45B

This section shows Mineral fuels, mineral oils and products of their distillation's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Mineral fuels, mineral oils and products of their distillation over time.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$242B
IMPORTS (2021)$206B
NET TRADE (2021)$35.5B

In 2021, United States exported $242B in Mineral fuels, mineral oils and products of their distillation. The main destinations of United States exports on Mineral fuels, mineral oils and products of their distillation were Mexico ($40.8B), Canada ($21.7B), South Korea ($16.3B), China ($15.5B), and India ($14.1B).

In 2021, United States imported $206B in Mineral fuels, mineral oils and products of their distillation, mainly from Canada ($108B), Russia ($17.1B), Saudi Arabia ($10.1B), Mexico ($7.34B), and Colombia ($4.94B).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR United States WERE (2020 - 2021):
Mexico$17B (71.2%)
India$6.53B (86.2%)
South Korea$6.42B (65.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY United States WERE (2020 - 2021):
Germany-$1.11B (-28%)
Italy-$570M (-19.7%)
United Arab Emirates-$399M (-71.7%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, United States's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2021, United States's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:
China $326B
India $159B

Explore Visualizations

Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

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