Infographic: Latin American lockdowns take deep cut into US refined products exports

Refined oil product consumption in Latin America, the next epicenter of the coronavirus, has plummeted, hitting US imports hard. The Latin America and Caribbean region is the largest buyer of US refined products, accounting for 48% of exports in 2019, according to the US Energy Information Administration.

Kpler data shows US exports of gasoline and diesel to Mexico and Brazil, the region's largest buyers, fell to 3.66 million barrels and 5.16 million barrels, respectively, in May, from 19.78 million and 12.03 million barrels in January. US Gulf Coast inventories have swelled, with diesel stocks roughly 30% above the five-year average.

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