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๐Ÿ‡บ๐Ÿ‡ธ 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.

exports 2024
$5.55B
-23% vs 2023
Quantity
38.05M t
~$0.15 per kg
World rank
1st
of 140 countries
Buyer countries
105
22% of world exports
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Public statistics, latest reported year 2024. Values in US dollars.

Exports of petroleum residue by year, 2017-2024

$0K$2.37B$4.73B$7.10B$9.46B20172018201920202021202220232024

Hover or tap a year for detail.

Year by year

YearValueQuantity
2024$5.55B38.05M t
2023$7.23B38.02M t
2022$9.46B37.48M t
2021$5.89B33.70M t
2020$3.51B36.58M t
2019$5.06B37.79M t
2018$6.13B39.80M t
2017$4.66B40.72M 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%.

Share of petroleum residue exports by partner country, 2024โ‰ฅ25%10-25%3-10%1-3%<1%
DestinationValueShare
๐Ÿ‡ฎ๐Ÿ‡ณ India$924.3M17%
๐Ÿ‡จ๐Ÿ‡ณ China$496.1M8.9%
๐Ÿ‡ง๐Ÿ‡ท Brazil$471.0M8.5%
๐Ÿ‡ฏ๐Ÿ‡ต Japan$442.0M8%
๐Ÿ‡จ๐Ÿ‡ฆ Canada$356.2M6.4%
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico$354.1M6.4%
๐Ÿ‡น๐Ÿ‡ท Turkey$279.3M5%
๐Ÿ‡ฆ๐Ÿ‡บ Australia$175.5M3.2%
๐Ÿ‡ช๐Ÿ‡ธ Spain$163.7M3%
๐Ÿ‡ฎ๐Ÿ‡น Italy$122.9M2.2%

Types of petroleum residue under HS 2713

2713.11Petroleum coke: (not calcined), obtained from bituminous minerals69%
2713.12Petroleum coke: calcined, obtained from bituminous minerals20%
2713.20Petroleum bitumen: obtained from bituminous minerals9.8%
2713.90Residues: of petroleum oils or of oils obtained from bituminous minerals0.8%

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.

United States
$0.15/kg
World average
$0.25/kg

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 countryValueShare
๐Ÿ‡จ๐Ÿ‡ฆ Canada$2.19B83%
๐Ÿ‡จ๐Ÿ‡ด Colombia$111.6M4.2%
๐Ÿ‡ป๐Ÿ‡ช Venezuela$79.8M3%
๐Ÿ‡ง๐Ÿ‡ท Brazil$64.9M2.5%
๐Ÿ‡ฌ๐Ÿ‡ท Greece$55.5M2.1%
๐Ÿ‡ช๐Ÿ‡ธ Spain$21.0M0.8%
๐Ÿ‡ฉ๐Ÿ‡ช Germany$18.0M0.7%
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico$15.4M0.6%
๐Ÿ‡น๐Ÿ‡ท Turkey$13.9M0.5%
๐Ÿ‡ต๐Ÿ‡ฑ Poland$13.6M0.5%
Beyond the public totals

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.

United States on EximDataX

Direct customs feed: shipment-level records from the official customs source.

Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.

About this data

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.

Straight answers

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.

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