Overview: In March 2021 United States' Refined Petroleum exports accounted up to $5.49B and imports accounted up to $4.95B, resulting in a positive trade balance of $535M. Between March 2020 and March 2021 the exports of United States' Refined Petroleum have decreased by $-1.4B (-20.3%) from $6.89B to $5.49B, while imports increased by $1.74B (54.1%) from $3.21B to $4.95B.
Destinations: In March 2021 Refined Petroleum exported mostly to Mexico ($1.58B), Canada ($636M), Brazil ($443M), Panama ($197M), and Singapore ($190M), and imported mostly from Canada ($845M), Russia ($770M), Netherlands ($203M), South Korea ($196M), and Singapore ($133M).
Growth: In March 2021, the decrease in Refined Petroleum's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-384M or -52.3%), Chile ($-228M or -50.4%), and Singapore ($-155M or -83.7%). In March 2021, the increase in Refined Petroleum's year-by-year imports was explained primarily by an increase in imports from Russia ($554M or 87.1%), Canada ($300M or 46.9%), and Netherlands ($286M or 168%).