๐บ๐ธ United States exports of refined petroleum products: 2024 trade data
In 2024, the United States exported refined petroleum products worth $114.98 billion (144.16 million tonnes). That makes it the largest exporter of this product worldwide, out of 215 countries. The value was almost unchanged from 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of refined petroleum products by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $114.98B | 144.16M t |
| 2023 | $115.12B | 133.56M t |
| 2022 | $137.80B | 138.38M t |
| 2021 | $83.56B | 141.08M t |
| 2020 | $57.36B | 139.86M t |
| 2019 | $88.03B | 118.97M t |
| 2018 | $96.14B | 106.81M t |
| 2017 | $77.15B | 117.05M t |
Where the United States exports refined petroleum products to
Most of it went to Mexico (25%), Canada (10%), Netherlands (5%). Trade is spread widely: the top three buyer markets together make up only 41%. Among the main buyer markets, Netherlands grew fastest (+46% on the year before).
| Destination | Value | Share |
|---|---|---|
| ๐ฒ๐ฝ Mexico | $29.29B | 26% |
| ๐จ๐ฆ Canada | $11.97B | 10% |
| ๐ณ๐ฑ Netherlands | $6.03B | 5.3% |
| ๐จ๐ฑ Chile | $5.68B | 4.9% |
| ๐ฌ๐ง United Kingdom | $4.51B | 3.9% |
| ๐ง๐ท Brazil | $4.14B | 3.6% |
| ๐ต๐ช Peru | $3.77B | 3.3% |
| ๐จ๐ด Colombia | $3.73B | 3.3% |
| ๐ฌ๐น Guatemala | $3.60B | 3.1% |
| ๐ช๐จ Ecuador | $3.15B | 2.7% |
Average export price of refined petroleum products
The average declared value was about $0.80 per kg, close to the world average of $0.74.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also imports refined petroleum products
In 2024, the United States imported refined petroleum products worth $58.41 billion (90.85 million tonnes). It ranks 1st of 226 countries for imports of this product. Most of the value came from Canada (21%), South Korea (8%), Mexico (8%). Trade is spread widely: the top three suppliers together make up only 37%. Among the main suppliers, Brazil grew fastest (+34% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| ๐จ๐ฆ Canada | $12.52B | 21% |
| ๐ฐ๐ท South Korea | $4.94B | 8.5% |
| ๐ฒ๐ฝ Mexico | $4.41B | 7.6% |
| ๐ณ๐ฑ Netherlands | $4.30B | 7.4% |
| ๐ฎ๐ณ India | $3.69B | 6.3% |
| ๐ธ๐ฆ Saudi Arabia | $2.35B | 4% |
| ๐ง๐ท Brazil | $2.09B | 3.6% |
| ๐ธ๐ฌ Singapore | $2.01B | 3.5% |
| ๐ฎ๐ถ Iraq | $1.83B | 3.1% |
| ๐ฉ๐ฟ Algeria | $1.75B | 3% |
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 2710: Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils.
Refined petroleum products trade in the United States: questions
What is the value of refined petroleum products imported by the United States?
The United States imported refined petroleum products worth $58.41 billion in 2024 (90.85 million tonnes).
Where does the United States import refined petroleum products from?
The main supplier countries in 2024 were Canada (21%), South Korea (8%), Mexico (8%).
What is the average import price of refined petroleum products in the United States?
The average declared import value was about $0.64 per kg in 2024, against a world average of $0.74 per kg.
Does the United States export refined petroleum products?
Yes. The United States exported refined petroleum products worth $114.98 billion in 2024, mainly to Mexico, Canada, Netherlands.
What is the HS code for refined petroleum products?
Refined petroleum products falls under HS heading 2710 (Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of pet). The six-digit codes under it split the product by type.
How can I find the companies trading refined petroleum products 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.
Refined petroleum products trade in other countries
More trade data for the United States
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