Exports In 2022, Australia exported $768M in Refined Petroleum, making it the 71st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 35th most exported product in Australia. The main destination of Refined Petroleum exports from Australia are: Singapore ($268M), China ($95.5M), Japan ($90.9M), Malaysia ($81.3M), and New Zealand ($43.1M).
The fastest growing export markets for Refined Petroleum of Australia between 2021 and 2022 were China ($39.1M), Saudi Arabia ($26.2M), and Singapore ($20.5M).
Imports In 2022, Australia imported $37.7B in Refined Petroleum, becoming the 5th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Australia. Australia imports Refined Petroleum primarily from: South Korea ($10.5B), Singapore ($10.4B), Malaysia ($3.65B), Chinese Taipei ($3.48B), and India ($3.11B).
The fastest growing import markets in Refined Petroleum for Australia between 2021 and 2022 were South Korea ($7.17B), Singapore ($3.77B), and Chinese Taipei ($2.57B).
COMPANIES In 2023, leading companies such as Lawrence Wholesale (1) were at the forefront of shipping Refined Petroleum from Australia to the United States.