Refined Petroleum in   Canada

Overview In November 2024 Canada's Refined Petroleum exports accounted up to C$1.58B and imports accounted up to C$1.43B, resulting in a positive trade balance of C$150M. Between November 2023 and November 2024 the exports of Canada's   Refined Petroleum have increased by C$225M (16.6%) from C$1.35B to C$1.58B, while imports decreased by C$-826M (-36.6%) from C$2.25B to C$1.43B.

Destinations In November 2024, Refined Petroleum were exported mostly to United States (C$1.27B), Saint Kitts, Nevis and Anguilla (C$89.7M), Peru (C$48.9M), Ecuador (C$35.4M), and Denmark (C$35.2M), and were imported mostly from United States (C$1.23B), Belgium (C$58.6M), China (C$41.7M), South Korea (C$39.3M), and Germany (C$24M).

Growth In November 2024, the increase in Refined Petroleum's year-by-year exports was explained primarily by an increase in exports to United States (C$456M or 33%), Peru (C$8.76M or 21.7%), and Japan (C$484k or 698%). In November 2024, the decrease in Refined Petroleum's year-by-year imports was explained primarily by a decrease in imports from Belgium (C$-34.8M or -54%), United Kingdom (C$-7.01M or -97.2%), and India (C$-193k or -69.6%).