US petroleum products imports, exports rose in 2021

Increased domestic and global economic activity was one factor in rising US petroleum product imports and exports during 2021.

US petroleum products imports increased to 2.4 million b/d in 2021, up by 371,000 b/d from 2020. Kees Torn photo via Flickr.

This article was published by the US Energy Information Administration on April 12, 2022

By Kevin Hack

In 2021, an average of 5.7 million barrels per day (b/d) of petroleum products were exported from the United States, an increase of 360,000 b/d from 2020. US imports of petroleum products also increased to 2.4 million b/d in 2021, up by 371,000 b/d from 2020.

Increased domestic and global economic activity was one factor that increased both petroleum product imports into the United States and US exports of petroleum products during 2021. US imports increased more than US exports of petroleum products in 2021, but the United States exported more petroleum products than it imported by nearly 3.3 million b/d.

U.S. net and gross petroleum product trade

Source: U.S. Energy Information Administration, Petroleum Supply Monthly

A greater volume of propane was exported from the United States in 2021 than any other petroleum product for a second consecutive year (propane surpassed distillate fuel oil in 2020). More than 1 million b/d of propane was exported from the United States in 2021 for the third consecutive year. US exports of propane have increased every year since 2007 because of increased domestic propane production, which was the result of increased upstream crude oil and natural gas production, and expanded export capacity along the US Gulf Coast.

U.S. petroleum products exports and imports

Source: U.S. Energy Information Administration, Petroleum Supply Monthly

In 2021, net US exports of distillate fuel oil decreased to 804,000 b/d, the lowest amount since 2011. US distillate exports were lower in 2021, despite increased global demand compared with 2020, because demand also increased in the United States. Increased US distillate demand may have contributed to reduced distillate exports and almost certainly contributed to increased distillate imports.

Like distillate, US net exports of motor gasoline decreased in 2021. Unlike distillate fuel oil, however, US exports of motor gasoline (which includes both finished motor gasoline and motor gasoline blending components) increased in 2021 as a result of rising global demand and rising US refinery production, compared with the down market in 2020.

However, rising domestic gasoline demand also contributed to rising imports of the fuel into some regions of the United States, even as exports increased out of other regions. Lost refining capacity in 2020 likely increased gasoline imports in 2021 to help account for the lost production from closed refineries such as the Philadelphia Energy Solutions refinery on the East Coast and other refinery closures and refits on the West Coast.

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