Exports In 2020, Australia exported $949M in Refined Petroleum, making it the 49th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 26th most exported product in Australia. The main destination of Refined Petroleum exports from Australia are: Singapore ($446M), Malaysia ($154M), China ($120M), Japan ($76.8M), and New Zealand ($43.5M).
The fastest growing export markets for Refined Petroleum of Australia between 2019 and 2020 were Singapore ($168M), China ($95.9M), and Malaysia ($69.3M).
Imports In 2020, Australia imported $10.8B in Refined Petroleum, becoming the 11th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Australia. Australia imports Refined Petroleum primarily from: Singapore ($2.82B), South Korea ($1.55B), China ($1.46B), Malaysia ($1.12B), and India ($913M).
The fastest growing import markets in Refined Petroleum for Australia between 2019 and 2020 were India ($626M), Brunei ($564M), and Estonia ($46.5M).