Refined Petroleum in   United States

Overview In January 2024 United States' Refined Petroleum exports accounted up to $9.51B and imports accounted up to $4.44B, resulting in a positive trade balance of $5.07B. Between January 2023 and January 2024 the exports of United States'   Refined Petroleum have increased by $70.8M (0.75%) from $9.44B to $9.51B, while imports decreased by $-1.53B (-25.6%) from $5.98B to $4.44B.

Destinations In January 2024, Refined Petroleum were exported mostly to Mexico ($2.59B), Canada ($1.12B), Netherlands ($535M), Brazil ($452M), and United Kingdom ($441M), and were imported mostly from Canada ($1.19B), Mexico ($453M), South Korea ($302M), India ($252M), and Saudi Arabia ($191M).

Growth In January 2024, the increase in Refined Petroleum's year-by-year exports was explained primarily by an increase in exports to Mexico ($897M or 40.6%), Costa Rica ($235M or 207%), and Argentina ($166M or 347%). In January 2024, the decrease in Refined Petroleum's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia ($-167M or -50.7%), Qatar ($-106M or -38.2%), and South Korea ($-69.9M or -20.9%).