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Exports In 2022, Northern Mariana Islands exported $285k in Refined Petroleum, making it the 169th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Northern Mariana Islands. The main destination of Refined Petroleum exports from Northern Mariana Islands are: South Korea ($285k) and Netherlands ($1).

The fastest growing export markets for Refined Petroleum of Northern Mariana Islands between 2021 and 2022 were South Korea ($274k).

Imports In 2022, Northern Mariana Islands imported $83.6M in Refined Petroleum, becoming the 181st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Northern Mariana Islands. Northern Mariana Islands imports Refined Petroleum primarily from: Singapore ($62.3M), Japan ($14.9M), South Korea ($6.25M), and Turkey ($44.5k).

The fastest growing import markets in Refined Petroleum for Northern Mariana Islands between 2021 and 2022 were Singapore ($58.1M), Japan ($7.52M), and South Korea ($6.11M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$285k
IMPORTS (2022)$83.6M
NET TRADE (2022)-$83.3M

In 2022, Northern Mariana Islands exported $285k in Refined Petroleum. The main destinations of Northern Mariana Islands exports on Refined Petroleum were South Korea ($285k) and Netherlands ($1).

In 2022, Northern Mariana Islands imported $83.6M in Refined Petroleum, mainly from Singapore ($62.3M), Japan ($14.9M), South Korea ($6.25M), and Turkey ($44.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Northern Mariana Islands WERE (2021 - 2022):South Korea$274k (2.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Northern Mariana Islands WERE (2021 - 2022):
Iceland-$777k (-100%)
Singapore-$1 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Northern Mariana Islands's main exporting competitors in Refined Petroleum were:
In 2022, Northern Mariana Islands's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

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