The US energy trade surplus narrowed year over year in February as the drop in exports outpaced a decline in imports, according to data from the Energy Information Administration.

Exports of energy, including coal, coke, natural gas, crude and other petroleum products, biomass, and electricity, totaled 2.424 quadrillion British thermal units during the month, down from 2.546 quadrillion in February 2024, the EIA said in a report released Tuesday.

Imports of all energy sources totaled 1.605 quadrillion British thermal units in February, down from 1.710 quadrillion BTU during the same month a year earlier.

That left the US with a trade surplus of 819 trillion BTU in February, narrowing from 837 trillion at the end of the same month last year, the agency said.

Petroleum products made up the largest share of February's exports at 34%, followed by natural gas at 29% and oil at 28%. Crude accounted for the majority of imports at 64%, while natural gas and petroleum products represented 19% and 16%, respectively.