๐บ๐ธ United States exports of petroleum residue: 2024 trade data
The United States exported $5.55 billion of petroleum residue in 2024 (38.05 million tonnes). It ranks 1st of 140 countries for exports of this product. That is 23% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $9.46 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of petroleum residue by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $5.55B | 38.05M t |
| 2023 | $7.23B | 38.02M t |
| 2022 | $9.46B | 37.48M t |
| 2021 | $5.89B | 33.70M t |
| 2020 | $3.51B | 36.58M t |
| 2019 | $5.06B | 37.79M t |
| 2018 | $6.13B | 39.80M t |
| 2017 | $4.66B | 40.72M t |
Where the United States exports petroleum residue to
The largest buyer markets were India (17%), China (9%), Brazil (8%). Trade is spread widely: the top three buyer markets together make up only 34%.
| Destination | Value | Share |
|---|---|---|
| ๐ฎ๐ณ India | $924.3M | 17% |
| ๐จ๐ณ China | $496.1M | 8.9% |
| ๐ง๐ท Brazil | $471.0M | 8.5% |
| ๐ฏ๐ต Japan | $442.0M | 8% |
| ๐จ๐ฆ Canada | $356.2M | 6.4% |
| ๐ฒ๐ฝ Mexico | $354.1M | 6.4% |
| ๐น๐ท Turkey | $279.3M | 5% |
| ๐ฆ๐บ Australia | $175.5M | 3.2% |
| ๐ช๐ธ Spain | $163.7M | 3% |
| ๐ฎ๐น Italy | $122.9M | 2.2% |
Types of petroleum residue under HS 2713
| 2713.11 | Petroleum coke: (not calcined), obtained from bituminous minerals | 69% |
| 2713.12 | Petroleum coke: calcined, obtained from bituminous minerals | 20% |
| 2713.20 | Petroleum bitumen: obtained from bituminous minerals | 9.8% |
| 2713.90 | Residues: of petroleum oils or of oils obtained from bituminous minerals | 0.8% |
Codes and full descriptions: HS heading 2713.
Average export price of petroleum residue
The average declared value was about $0.15 per kg, 40% below the world average of $0.25, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also imports petroleum residue
Imports of petroleum residue by the United States reached $2.65 billion in 2024 (6.60 million tonnes). That makes it the 3rd largest importer of this product worldwide, out of 197 countries. One supplier dominates: Canada accounted for 83% of the value.
| Supplier country | Value | Share |
|---|---|---|
| ๐จ๐ฆ Canada | $2.19B | 83% |
| ๐จ๐ด Colombia | $111.6M | 4.2% |
| ๐ป๐ช Venezuela | $79.8M | 3% |
| ๐ง๐ท Brazil | $64.9M | 2.5% |
| ๐ฌ๐ท Greece | $55.5M | 2.1% |
| ๐ช๐ธ Spain | $21.0M | 0.8% |
| ๐ฉ๐ช Germany | $18.0M | 0.7% |
| ๐ฒ๐ฝ Mexico | $15.4M | 0.6% |
| ๐น๐ท Turkey | $13.9M | 0.5% |
| ๐ต๐ฑ Poland | $13.6M | 0.5% |
Who is behind these numbers in the United States?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2713: Petroleum coke, petroleum bitumen; other residues of petroleum oils or oils obtained from bituminous minerals.
Petroleum residue trade in the United States: questions
What is the value of petroleum residue imported by the United States?
The United States imported petroleum residue worth $2.65 billion in 2024 (6.60 million tonnes).
Where does the United States import petroleum residue from?
The main supplier countries in 2024 were Canada (83%), Colombia (4%), Venezuela (3%).
What is the average import price of petroleum residue in the United States?
The average declared import value was about $0.40 per kg in 2024, against a world average of $0.25 per kg.
Does the United States export petroleum residue?
Yes. The United States exported petroleum residue worth $5.55 billion in 2024, mainly to India, China, Brazil.
What is the HS code for petroleum residue?
Petroleum residue falls under HS heading 2713 (Petroleum coke, petroleum bitumen; other residues of petroleum oils or oils obtained from bituminous minerals). The six-digit codes under it split the product by type.
How can I find the companies trading petroleum residue with the United States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Petroleum residue trade in other countries
More trade data for the United States
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