# Petroleum Oils And Oils Obtained Fro trade prices and signals...

The featured reported corridor is Canada to USA, with a unit value of $387.86 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | Canada to USA | $476.77 | $548.94 | -13.1% | 202,906,860.1 t |
| 2023 | Russia to China | $609.53 | $609.53 | 0% | 99,550,328.6 t |
| 2023 | Saudi Arabia to China | $609.53 | $609.53 | -0% | 88,391,575 t |
| 2023 | Russia to India | $547 | $627.57 | -12.8% | 88,920,220.3 t |
| 2023 | Iraq to China | $609.53 | $609.53 | -0% | 57,767,695.5 t |
| 2023 | Saudi Arabia to Japan | $645.88 | $644.58 | +0.2% | 51,388,110 t |
| 2023 | United Arab Emirates to Japan | $654.73 | $644.58 | +1.6% | 48,593,420 t |
| 2023 | Saudi Arabia to Republic of Korea | $641.32 | $668.62 | -4.1% | 47,667,410 t |
| 2023 | Iraq to India | $579.97 | $627.57 | -7.6% | 48,830,300 t |
| 2023 | United Arab Emirates to China | $659.86 | $609.53 | +8.3% | 40,372,635.3 t |
| 2023 | Oman to China | $609.53 | $609.53 | -0% | 41,078,557.8 t |
| 2023 | Saudi Arabia to India | $660.54 | $627.57 | +5.3% | 35,766,708 t |
| 2023 | Mexico to USA | $477.6 | $548.94 | -13% | 42,611,771.5 t |
| 2023 | Brazil to China | $531.97 | $609.53 | -12.7% | 37,296,731.7 t |
| 2023 | Netherlands to Belgium | $625.95 | $2,000 | -68.7% | 29,430,593.4 t |
| 2023 | Angola to China | $576.83 | $609.53 | -5.4% | 31,268,995.8 t |
| 2023 | USA to Netherlands | $603.05 | $688.75 | -12.4% | 25,600,527.1 t |
| 2023 | Kuwait to China | $613.35 | $609.53 | +0.6% | 24,812,540.2 t |
| 2023 | Norway to United Kingdom | $616.85 | $629.11 | -1.9% | 22,374,672.9 t |
| 2023 | United Arab Emirates to Thailand | $64.12 | $649.62 | -90.1% | 214,913,622 t |
| 2023 | USA to Republic of Korea | $678.75 | $668.62 | +1.5% | 18,080,122.9 t |
| 2023 | USA to China | $737.13 | $609.53 | +20.9% | 16,100,951.8 t |
| 2023 | Saudi Arabia to USA | $541.21 | $548.94 | -1.4% | 19,984,335.7 t |
| 2023 | USA to Canada | $604.18 | $621.74 | -2.8% | 17,034,832.3 t |
| 2023 | Malaysia to China | $275.12 | $609.53 | -54.9% | 36,435,167.8 t |
| 2023 | United Arab Emirates to Republic of Korea | $664.98 | $668.62 | -0.5% | 14,736,667 t |
| 2023 | USA to United Kingdom | $617.55 | $629.11 | -1.8% | 15,655,883.1 t |
| 2023 | United Arab Emirates to India | $694.15 | $627.57 | +10.6% | 11,967,404 t |
| 2023 | Kuwait to Republic of Korea | $613.14 | $668.62 | -8.3% | 13,546,464 t |
| 2023 | Saudi Arabia to Other Asia, nes | $545.05 | $539.84 | +1% | 14,936,520 t |
| 2023 | USA to Singapore | $646.47 | $646.47 | 0% | 12,028,331.2 t |
| 2023 | Iraq to Republic of Korea | $562.84 | $668.62 | -15.8% | 13,050,409 t |
| 2023 | Saudi Arabia to Malaysia | $626.19 | $633.58 | -1.2% | 11,558,900 t |
| 2023 | Kuwait to Japan | $625.6 | $644.58 | -2.9% | 11,485,588 t |
| 2023 | Norway to Netherlands | $580.75 | $688.75 | -15.7% | 12,282,531.6 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $49.6B | +33.8% | +8.8% |
| 2011 | $67.9B | +37% | +2.7% |
| 2012 | $73.2B | +7.7% | +25.5% |
| 2013 | $77.6B | +5.9% | +16.1% |
| 2014 | $84.5B | +8.9% | +7.5% |
| 2015 | $49.6B | -41.3% | -12.2% |
| 2016 | $38.8B | -21.7% | -20.6% |
| 2017 | $53.1B | +36.7% | -14.3% |
| 2018 | $63.9B | +20.5% | +8.8% |
| 2019 | $66.1B | +3.3% | +19.4% |
| 2020 | $45.8B | -30.7% | -4.8% |
| 2021 | $79.6B | +73.8% | +7.6% |
| 2022 | $116.8B | +46.7% | +20.9% |
| 2023 | $96.4B | -17.5% | +28.1% |
| 2024 | $100.8B | +4.6% | +8.2% |

_Source: reported merchandise trade data. Updated 2026-08-14._