Overview: In January 2021 United States' Refined Petroleum exports accounted up to $5.34B and imports accounted up to $3.55B, resulting in a positive trade balance of $1.79B. Between January 2020 and January 2021 the exports of United States' Refined Petroleum have decreased by $-2.12B (-28.4%) from $7.46B to $5.34B, while imports decreased by $-784M (-18.1%) from $4.33B to $3.55B.
Destinations: In January 2021 Refined Petroleum exported mostly to Mexico ($1.59B), Brazil ($638M), Canada ($614M), Peru ($253M), and Japan ($201M), and imported mostly from Russia ($1.01B), Canada ($705M), Netherlands ($177M), India ($156M), and Mexico ($152M).
Growth: In January 2021, the decrease in Refined Petroleum's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-690M or -30.2%), Canada ($-403M or -39.6%), and Chile ($-170M or -51%). In January 2021, the decrease in Refined Petroleum's year-by-year imports was explained primarily by a decrease in imports from Canada ($-316M or -30.9%), India ($-154M or -49.6%), and United Kingdom ($-118M or -65.7%).