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Exports In 2022, Guam exported $8.67M in Refined Petroleum, making it the 141st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Guam. The main destination of Refined Petroleum exports from Guam are: Singapore ($7.88M), South Korea ($793k), and France ($118).

The fastest growing export markets for Refined Petroleum of Guam between 2021 and 2022 were Singapore ($7.88M), South Korea ($356k), and France ($118).

Imports In 2022, Guam imported $853M in Refined Petroleum, becoming the 117th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Guam. Guam imports Refined Petroleum primarily from: Singapore ($413M), South Korea ($362M), Japan ($56.7M), Malaysia ($21.3M), and Hong Kong ($432k).

The fastest growing import markets in Refined Petroleum for Guam between 2021 and 2022 were South Korea ($333M), Malaysia ($21.3M), and Singapore ($16.6M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.67M
IMPORTS (2022)$853M
NET TRADE (2022)-$845M

In 2022, Guam exported $8.67M in Refined Petroleum. The main destinations of Guam exports on Refined Petroleum were Singapore ($7.88M), South Korea ($793k), and France ($118).

In 2022, Guam imported $853M in Refined Petroleum, mainly from Singapore ($413M), South Korea ($362M), Japan ($56.7M), Malaysia ($21.3M), and Hong Kong ($432k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Guam WERE (2021 - 2022):
Singapore$7.88M (670k%)
South Korea$356k (81.5%)
France$118 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Guam WERE (2021 - 2022):
Papua New Guinea-$22.9k (-100%)
Netherlands-$288 (-100%)
Thailand-$273 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Guam's main exporting competitors in Refined Petroleum were:
In 2022, Guam's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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N/A
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Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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