Current year-to-date ( YTD ) data is through August 2020.

Exports: Oil

Oil, the No. 3 export by value totaled $4.2 billion for the month of August, $34.5 billion through August of 2020, and $65.32 billion for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

Click on any of the countries in the chart below to gain access to the specific exports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.

Top Markets

RankCountryYTD
1Canada$4.3 B
2China$3.55 B
3South Korea$3.46 B
4The Netherlands$3.22 B
5United Kingdom$2.8 B
6India$2.41 B
7Taiwan$2.02 B
8Italy$1.59 B
9Singapore$1.29 B
10Germany$1.12 B
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U.S. exports of Oil decreased 16.04 percent through August to $34.5 billion

U.S. exports of Oil decreased 16.04 percent from $41.08 billion to $34.5 billion through the first eight months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 3 through August among the roughly 1,265 export commodity groupings as classified by Census. It ranked No. 3 for the last full year with a total value of $65.32 billion, a $18.13 billion, 38.42 percent increase from the 2018 total.

Through August of this year the leading sources were No. 1 Canada, No. 2 China, No. 3 South Korea, No. 4 The Netherlands and No. 5 United Kingdom. The leading gateways were No. 1 Port of Corpus Christi, Texas, No. 2 Port of Houston, No. 3 Port of Beaumont, Texas, No. 4 Port of Morgan City, La. and No. 5 Port of Port Arthur, Texas.

In the last previous full year, the leading sources were No. 1 Canada, No. 2 South Korea, No. 3 India, No. 4 The Netherlands and No. 5 United Kingdom. The leading gateways were No. 1 Port of Houston, No. 2 Port of Corpus Christi, Texas, No. 3 Port of Beaumont, Texas, No. 4 Port of Port Arthur, Texas and No. 5 Port of Freeport, Texas.

Looking at specific airports, seaports and border crossings, the top five through through the first eight months of the year were:

Highlights for the top five ports:

  • Port of Corpus Christi, Texas rose 111.28 percent compared to last year to $15.77 billion.
  • Port of Houston fell 45.31 percent compared to last year to $7.07 billion.
  • Port of Beaumont, Texas fell 52.12 percent compared to last year to $3.97 billion.
  • Port of Morgan City, La. rose 37.26 percent compared to last year to $2.3 billion.
  • Port of Port Arthur, Texas fell 66.92 percent compared to last year to $876.06 million.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign markets:

  • U.S. exports to No. 1 Canada decreased $2.37 billion, 35.59 percent, (12.45 percent market share).
  • U.S. exports to No. 2 China increased $1.16 billion, 48.28 percent, (10.29 percent market share).
  • U.S. exports to No. 3 South Korea decreased $2.57 billion, 42.6 percent, (10.04 percent market share).
  • U.S. exports to No. 4 The Netherlands decreased $332.83 million, 9.37 percent, (9.33 percent market share).
  • U.S. exports to No. 5 United Kingdom decreased $325.22 million, 10.41 percent, (8.12 percent market share).

All totaled, 50.23 percent of all these Oil exports from the United States were shipped to the top five markets through August of this year. That is equal to $17.33 billion of the $34.5 billion total.

All totaled, 86.95 percent of all these Oil exports from the United States were shipped from the top five Ports through August of this year. That is equal to $29.99 billion of the $34.5 billion total