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.
Destinations: In October 2020 Refined Petroleum exported mostly to Mexico ($1.42B), Brazil ($504M), Canada ($457M), Peru ($218M), and Colombia ($182M), and imported mostly from Russia ($697M), Canada ($491M), South Korea ($199M), Mexico ($124M), and Singapore ($116M).
Growth: In October 2020, the decrease in Refined Petroleum's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-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%).