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Where does the United States get its refined petroleum products? Import sources 2024

In 2024, the United States imported $59.2 billion of refined petroleum products (91.3 million tonnes), 6.9% of the world total. Its main sources were Canada (22%), South Korea (8%) and Mexico (7%). The United States was the world’s largest importer of refined petroleum products.

Summary

Value
$59.2billion
Tonnes
91.3million tonnes
Share of world total
6.9%
World rank
1st
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Canada12.8Tonnes: 20,299,168USD per tonne: $63021.6%Sea
South Korea4.8Tonnes: 6,291,723USD per tonne: $7598.1%Sea
Mexico4.4Tonnes: 10,920,229USD per tonne: $4067.5%Sea
Netherlands re-exports4.3Tonnes: 6,392,359USD per tonne: $6667.2%Sea
India3.3Tonnes: 4,616,228USD per tonne: $7155.6%Sea
Saudi Arabia2.4Tonnes: 3,901,159USD per tonne: $6034%Sea
Brazil2.1Tonnes: 3,123,813USD per tonne: $6593.5%Sea
Singapore re-exports2Tonnes: 1,602,600USD per tonne: $1,2533.4%Sea
Iraq1.8Tonnes: 3,541,201USD per tonne: $5183.1%Sea
United Kingdom1.8Tonnes: 2,051,285USD per tonne: $8673%Sea
Algeria1.7Tonnes: 3,088,648USD per tonne: $5653%Sea
Colombia1.4Tonnes: 2,420,963USD per tonne: $5822.4%Sea
Norway1.1Tonnes: 1,483,809USD per tonne: $7651.9%Sea
Portugal1.1Tonnes: 1,581,877USD per tonne: $6931.9%Sea
Turkey1.1Tonnes: 1,506,885USD per tonne: $7051.8%Sea
Italy0.98Tonnes: 1,330,684USD per tonne: $7351.7%Sea
Kuwait0.95Tonnes: 1,637,852USD per tonne: $5801.6%Sea
Spain0.95Tonnes: 1,343,691USD per tonne: $7041.6%Sea
France0.92Tonnes: 1,317,511USD per tonne: $7011.6%Sea
Qatar0.91Tonnes: 777,876USD per tonne: $1,1641.5%Sea

Trend

Who it buys from

Canada was its main source throughout the period

Value in USD billions. The five largest sources in 2024.

  • Canada 12.8
  • South Korea 4.8
  • Mexico 4.4
  • Netherlands 4.3
  • India 3.3

Source: CEPII BACI

Show the numbers
Partner19952024
Canada1.812.8
South Korea0.144.8
Mexico0.294.4
Netherlands0.184.3
India0.053.3

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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