Refined Petroleum in   United States

Overview In August 2024 United States' Refined Petroleum exports accounted up to $10.7B and imports accounted up to $5.16B, resulting in a positive trade balance of $5.53B. Between August 2023 and August 2024 the exports of United States'   Refined Petroleum have increased by $976M (10%) from $9.72B to $10.7B, while imports decreased by $-907M (-14.9%) from $6.07B to $5.16B.

Destinations In August 2024, Refined Petroleum were exported mostly to Mexico ($3B), Netherlands ($990M), Canada ($960M), United Kingdom ($549M), and Colombia ($495M), and were imported mostly from Canada ($1.16B), South Korea ($402M), Netherlands ($381M), Saudi Arabia ($303M), and Norway ($255M).

Growth In August 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 ($166M or 347%). In August 2024, the decrease in Refined Petroleum's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia ($-167M or -50.7%), Qatar ($-106M or -38.2%), and South Korea ($-69.9M or -20.9%).