Crude Petroleum in   Australia

Exports In 2022, Australia exported $7.54B in Crude Petroleum, making it the 26th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 7th most exported product in Australia. The main destination of Crude Petroleum exports from Australia are: South Korea ($1.85B), Singapore ($1.52B), Thailand ($1.33B), China ($1.33B), and Indonesia ($494M).

The fastest growing export markets for Crude Petroleum of Australia between 2021 and 2022 were South Korea ($1.3B), China ($1.25B), and Thailand ($1.08B).

Imports In 2022, Australia imported $6.45B in Crude Petroleum, becoming the 26th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 6th most imported product in Australia. Australia imports Crude Petroleum primarily from: Malaysia ($2.22B), Brunei ($998M), United States ($855M), Vietnam ($466M), and Libya ($452M).

The fastest growing import markets in Crude Petroleum for Australia between 2021 and 2022 were United States ($553M), Brunei ($374M), and Libya ($215M).