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U.S. hydrocarbon exports on the rise

Updated: Apr 27, 2023

The United States Energy Information Adminitration (EIA) revealed that sales of petroleum products to other countries grew 7 percent last year compared to 2021, to reach almost 6 million barrels a day in 2022.

The EIA explains it in its Petroleum Supply Monthly: “United States exports of total petroleum products, which do not include crude oil, more than doubled to 5.97 million barrels per day in 2022 from 2.31 million b/d in 2010".

Their report continues: “Propane was the largest commodity export product by volume in 2022. In 2010, the United States exported 109,000 b/d of propane, compared with almost 1.4 million b/d in 2022”.

More than half of propane exports go to the Asia Pacific area, with Japan being the country with the largest amount, reaching 384,000 barrels per day in 2022.

hydrocarbon plant
Gas plant

Also focused on this EIA listing are other non-propane hydrocarbon gas liquids (NGLs), such as ethanol and regular butane, adding to the growth in US export volumes.

It is also mentioned in this document that exports of motor gasoline increased in 2022, exceeding the volumes of 2019, thus reaching its highest annual average on record.

“Historically, Mexico has received the largest share of gasoline exports from the United States, which continued to occur last year,” the EIA noted.

Mexico in its production of hydrocarbon

In Mexico, during January, Pemex produced 14% less liquefied gas than in 2018, according to figures from the Mexican company.

The production of gasoline has recovered ground and has already recorded a 44 percent increase so far since 2018. Pemex has a current production of almost 300,000 barrels per day.

However, Mexico bought 450,000 barrels per day from the United States until December 2022 to cover the need for this fuel.

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