Overview: In October 2020 United States' Refined Petroleum exports accounted up to $4.64B and imports accounted up to $2.84B, resulting in a positive trade balance of $1.8B. Between October 2019 and October 2020 the exports of United States' Refined Petroleum have decreased by $-2.51B (-35.1%) from $7.15B to $4.64B, while imports decreased by $-2.15B (-43.1%) from $4.99B to $2.84B.
Growth: In October 2020, the decrease in Refined Petroleum's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-881M or -38.3%), Canada ($-583M or -56.1%), and Brazil ($-265M or -34.5%). In October 2020, the decrease in Refined Petroleum's year-by-year imports was explained primarily by a decrease in imports from Canada ($-534M or -52.1%), Russia ($-333M or -32.3%), and South Korea ($-297M or -59.8%).
This section shows Refined Petroleum's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Refined Petroleum over time.
This section shows forecasts for total exports and imports, for Refined Petroleum in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.