Exports In 2023, Australia exported $1.51B in Refined Petroleum, making it the 56th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 21st most exported product in Australia. The main destination of Refined Petroleum exports from Australia are: Singapore ($440M), Malaysia ($395M), Japan ($272M), China ($111M), and Thailand ($46.9M).
The fastest growing export markets for Refined Petroleum of Australia between 2022 and 2023 were Malaysia ($304M), United States ($44.5M), and Thailand ($43.5M).
Imports In 2023, Australia imported $35.3B in Refined Petroleum, becoming the 3rd 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 ($11.1B), Singapore ($8.23B), Malaysia ($5.57B), Chinese Taipei ($2.64B), and China ($1.92B).
The fastest growing import markets in Refined Petroleum for Australia between 2022 and 2023 were Malaysia ($1.83B), South Korea ($1.07B), and China ($502M).
COMPANIES In 2023, leading companies such as Lawrence Wholesale (1) were at the forefront of shipping Refined Petroleum from Australia to the United States.