The US is the world’s largest gasoline exporter

US motor gasoline exports in 2023 averaged 900 000 bpd, equivalent to about 10% of domestic consumption and enough to fill up the tanks of over 1.5 million SUVs per day, assuming an average tank size of 24 gal. Other large gasoline exporters, including Singapore and the Netherlands, have never exceeded 700 000 bpd in gasoline exports. China and India have both added significant refining capacity since 2010 and have also increased gasoline exports.

The US was a net importer of motor gasoline for over a half century from 1961 to 2015. However, that trend changed during the past decade. The high volume of motor gasoline exports in recent years reflects longer trends in increasing US exports of refined products in general, which set records in 2022 and 2023. The growth in US refined product exports reflects several factors, including generally increasing refinery capacity from 2010 to 2023 and rising production from existing refineries through increased utilisation. Much of the increase in refinery capacity has led to higher motor gasoline yields because of added light crude oil processing units that process increasing volumes of light tight oil produced by hydraulic fracturing, or fracking. Finally, although refinery capacity has grown, US consumption of gasoline has not, making more gasoline available for export. Motor gasoline consumption in 2023 was flat compared with 2010 (and 0.4 million bpd less than its peak in 2018).

Motor gasoline accounts for the third-largest share of US refined product exports, behind propane and distillate fuel oil. Unlike propane, which is primarily exported to Asia, the majority of US motor gasoline exports (over 500 000 bpd) go to Mexico, with the remainder going primarily to Central American and South American countries. Over 90% of US gasoline exports came from the US Gulf Coast (PADD 3).

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