World - Petroleum - Market Analysis, Forecast, Size, Trends and Insights
Petroleum Market - USA Becomes The Leading Exporter of Petroleum
Photo: © Sorapop / Bigstockphoto
The global petroleum trade amounted to X million USD in 2015, showing strong fluctuations over the period under review. A X% drop in 2009 was followed by recovery over the next four years, until exports decreased again.
According to IndexBox estimates, USA emerged as the leading global importer of petroleum over the period under review, surpassing Russia. In 2015, the USA's petroleum exports totaled X million USD, which accounted for a X% share in terms of global exports. Russia, Singapore, the Netherlands, and the Republic of Korea were the other key global suppliers of petroleum in 2015, with a X% combined share of global exports.
USA (+X% per year) and the Republic of Korea (+X% per year) were the fastest growing exporters on the petroleum market from 2007 to 2015. USA significantly strengthened its position in terms of global exports of petroleum, growing its share from X% in 2007 to X% in 2015.
Meanwhile, USA (X%, based on value terms), Singapore (X%), the Netherlands (X%), France (X%), and Germany (X%) were the leading destinations of petroleum imports in 2015. Imports to Singapore grew at a pace of +X% per year from 2007 to 2015. By contrast, USA contracted its imports of petroleum over the same period. The shares of all major importers remained relatively stable over the period under review, with the exception of the USA, which saw a -X percentage point decline in its share size.
Do you want to know more about the global petroleum market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- petroleum market share
- petroleum prices
- petroleum industry
- petroleum sales
- petroleum market forecast
- petroleum price forecast
- key petroleum producers
Source: IndexBox AI Platform
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data