Exports: In 2019, Mexico exported $2.2B in Refined Petroleum, making it the 42nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 39th most exported product in Mexico. The main destination of Refined Petroleum exports from Mexico are: United States ($1.12B), Panama ($354M), Singapore ($227M), Colombia ($124M), and Netherlands ($104M).
The fastest growing export markets for Refined Petroleum of Mexico between 2018 and 2019 were Netherlands ($51.9M), Panama ($42.8M), and China ($38.8M).
Imports: In 2019, Mexico imported $29.3B in Refined Petroleum, becoming the 4th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Mexico. Mexico imports Refined Petroleum primarily from: United States ($26.7B), Netherlands ($756M), China ($717M), South Korea ($480M), and Japan ($123M).
The fastest growing import markets in Refined Petroleum for Mexico between 2018 and 2019 were South Korea ($216M), Belgium ($87.6M), and China ($60.1M).
Tariffs: In 2017, the average tariff for Mexico in Refined Petroleum was 0.13%. The countries with the highest import tariffs for Refined Petroleum were Panama (2%), Cuba (0.6%), Angola (0.15%), Burundi (0.15%), and Benin (0.15%).