Crude Petroleum in   United States

Overview In August 2024 United States' Crude Petroleum exports accounted up to $9.71B and imports accounted up to $14.3B, resulting in a negative trade balance of $4.55B. Between August 2023 and August 2024 the exports of United States'   Crude Petroleum have decreased by $-569M (-5.54%) from $10.3B to $9.71B, while imports decreased by $-1.29B (-8.28%) from $15.5B to $14.3B.

Destinations In August 2024, Crude Petroleum were exported mostly to Netherlands ($2.16B), South Korea ($1.36B), Canada ($979M), Singapore ($823M), and Chinese Taipei ($675M), and were imported mostly from Canada ($8.29B), Mexico ($969M), Brazil ($687M), Saudi Arabia ($630M), and Venezuela ($581M).

Growth In August 2024, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to India ($-1.05B or -84.9%), France ($-154M or -25.1%), and Singapore ($-97.9M or -11.6%). In August 2024, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from Ghana ($-167M or -83.1%), Colombia ($-133M or -28.3%), and Angola ($-133M or -99.7%).