Mineral fuels like natural gas, coal, and oil have been necessary for different purposes in industries like energy production, industrial and economic development, transportation, global supply chains, and even accessibility to renewable energy options which increase the country's export revenue share in the growing economy. The country's rich natural resources and advanced technology along with the wide transportation networks have led to a total export of 2,342 million tonnes of mineral fuels in 2023. The well-equipped pipelines, ports, and refining methods for fuel extraction are some certain methods which facilitate the export of mineral fuels.

The United States' vital role in the globally growing export market of mineral fuels due to the rapid industrialization and urbanization along with the vast natural reserves has recorded a mineral fuels export trade value of 300 billion US dollars in 2023.

What Are the Top 10 Mineral Fuels Exports of the Us in 2023?

According to the USA Customs Data, The US government's continuous efforts towards the manufacturing sectors and the higher productivity rate via different extraction methods like Hydraulic fracturing, Horizontal drilling, offshore drilling, and mining showcases the below as the top mineral fuel exports of the nation in 2023,

1. Crude oil - Valuation of Crude oil exports from the United States in 2023 - 140 billion US dollars.

2. Refined petroleum - Valuation of Refined petroleum exports from the United States in 2023 - 128 billion US dollars.

3. Coal - Valuation of Coal exports from the United States in 2023 - 115 billion US dollars.

4. Natural gas - Valuation of Natural gas exports from the United States in 2023 - 87 billion US dollars.

5. Liquefied propane - Valuation of Liquefied propane exports from the United States in 2023 - 65 billion US dollars.

6. Ethylene polymers - Valuation of Ethylene polymers exports from the United States in 2023 - 56 billion US dollars.

7. Liquefied Butane - Valuation of Liquefied Butane exports from the United States in 2023 - 48 billion US dollars.

8. Coal briquettes - Valuation of Coal briquettes exports from the United States in 2023 - 42 billion US dollars.

9. Asphalt Mixtures - Valuation of Asphalt Mixtures exports from the United States in 2023 - 31 billion US dollars.

10. Biodiesel - Valuation of - Valuation of Biodiesel exports from the United States in 2023 - 20 billion US dollars.

Top 10 Mineral Fuels Exporting Brands of 2023

1. ExxonMobil - Export values - 174 billion US dollars.

2. Chevron Corporation - Export values - 120 billion US dollars.

3. ConocoPhillips - Export values - 87 billion US dollars.

4. BP America Inc - Export values - 71 billion US dollars.

5. Valero Energy Corporation - Export values - 54 billion US dollars.

6. Kinder Morgan Inc - Export values - 46 billion US dollars.

7. Phillips 66 - Export values - 38 billion US dollars.

8. Marathon Petroleum Corporation - Export values - 25 billion US dollars.

9. Hess Corporation - Export values - 20 billion US dollars.

10. Occidental Petroleum Corporation - Export values - 17 billion US dollars.

Key Insights of the Top Trade Partners

The globally leading market of the United States for mineral fuels and its continuous innovation towards the production technology has targeted the following nations as its top trade partners for mineral fuels export in 2023:

1. Canada - According to the Canada Import Data, the valuation of mineral fuels exported from the United States to Canada in 2023 - 156 billion US dollars.

Top 5 Leading Mineral Fuels Export

• Polyethylene
• Ethanol
• Biofuels
• Peat
• Coal tar

2. Mexico - According to the Mexico Import Data, the valuation of mineral fuels exported from the United States to Mexico in 2023 - 120 billion US dollars.

Top 5 Leading Mineral Fuels Export

• CNG
• Kerosene
• Ethanol
• Gasoline
• Crude oil

3. Japan - According to the Japan Import Data, the valuation of mineral fuels exported from the United States to Japan in 2023 - 91 billion US dollars.

Top 5 Leading Mineral Fuels Export

• Lignite
• Peat
• Anthracite coal
• Bitumen
• Naphtha

4. South Korea - According to the South Korea Import Data, the valuation of mineral fuels exported from the United States to South Korea in 2023 - 72 billion US dollars.

Top 5 Leading Mineral Fuels Export

• Propane
• Butane
• Methane
• CNG
• Coal tar

5. China - According to the China Import Data, the valuation of mineral fuels exported from the United States to China in 2023 - 65 billion US dollars.

Top 5 Leading Mineral Fuels Export

• Petroleum coal
• Thermal coke
• Metallurgical coal
• Jet fuel
• Diesel oil

6. Belgium - According to the Belgium Import Data, the valuation of mineral fuels exported from the United States to Belgium in 2023 - 48 billion US dollars.

Top 5 Leading Mineral Fuels Export

• Pyrolysis oil
• Synthetic jet fuel
• Coal tar peach
• Low sulfur fuel
• Peat

7. Netherlands - According to the Netherlands Import Data, the valuation of mineral fuels exported from the United States to the Netherlands in 2023 - 32 billion US dollars.

Top 5 Leading Mineral Fuels Export

• Coal gas
• Bitumen
• Naphtha
• Propylene
• Light crude oil

8. United Kingdom - According to the United Kingdom Import Data, the valuation of mineral fuels exported from the United States to the United Kingdom in 2023 - 21 billion US dollars.

Top 5 Leading Mineral Fuels Export

• Jet fuel
• Biofuels
• Asphalt
• Naphtha
• Synthetic diesel

9. Singapore - According to the Singapore Import Data, the valuation of mineral fuels exported from the United States to Singapore in 2023 - 18 billion US dollars.

Top 5 Leading Mineral Fuels Export

• Propane
• Butane
• Methane
• Tar sands
• Crude oil

10. Chile - According to the Chile Import Data, the valuation of mineral fuels exported from the United States to Chile in 2023 - 17 billion US dollars.

Top 5 Leading Mineral Fuels Export

• Lignite
• Peat
• Charcoal
• Coke
• Anthracite coal

FAQ'S

Que. What is the total export trade value of mineral fuels from the US in 2023?

Ans. The total export trade value of mineral fuels from the US in 2023 is 300 billion US dollars.

Que. Name the top trade partners of the US in 2023.

Ans. Canada is the top trade partner of the US in 2023.

Que. Where can you get the detailed trade analysis of the mineral fuels export of the US in 2023?

Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the mineral fuels
export of the US in 2023.

Que. What is the top mineral fuel export of the US in 2023?

Ans. Crude oil is the top mineral fuels export of the US in 2023.

www.importglobals.com ; info@importglobals.com