U.S. Petroleum Exports Set record High
U.S. exports of total petroleum products set a record high in 2018, reaching an annual average of 5.6 million barrels per day (b/d), an increase of 366,000 b/d from 2017 levels, according to U.S. Energy Information Administration. The three largest individual petroleum product exports in 2018 were distillate, propane, and motor gasoline. U.S. exports of motor gasoline and propane set record highs in 2018 and exports of distillate were the second highest on record, following the high set in 2017.
As U.S. crude oil production increased during the past decade, gross inputs into refineries also increased. Petroleum products can be used domestically, exported, or put into inventory. In 2018, record-high levels of U.S. crude oil production and refinery runs helped refiners export large volumes of petroleum products, even with high levels of U.S. demand.
The United States exported distillate to 64 different countries in 2018, with the largest volumes destined for Mexico. Brazil received the second-largest share of distillate from the United States, Chile, Peru, and the Netherlands comprise the remainder of the top five recipients of U.S. distillate exports.
Propane exports in 2018 surpassed motor gasoline exports for the third consecutive year and remained the second-largest U.S. petroleum product export. Japan received the largest share of U.S. propane exports. Mexico received the second-largest share of U.S. propane exports again in 2018.
U.S. exports of motor gasoline reached 44 countries in 2018 and set a record high of 951,000 b/d. The five largest shares of U.S. gasoline exports were all in the Americas. In 2018, Mexico received 529,000 b/d of U.S. gasoline exports, or 56% of total U.S. gasoline exports, which was 60,000 b/d more than in 2017. Exports to Canada increased by 25,000 b/d, to average 62,000 b/d (6%) in 2018.
U.S. Energy Information Administration’s report on U.S. Petroleum product is available at eia.gov.