Crude Oil Imports by Country

Crude Oil Imports by Country

Oil tanker in sunset

Global purchases of imported crude oil totaled US$679.1 billion in 2016.

Overall, the dollar value of crude oil imports for all importing countries was down by an average -61.9% since 2012 when crude oil purchases were valued at $1.751 trillion.

The 4-digit Harmonized Tariff System code prefix for crude oil is 2709.

Among continents, Asian countries accounted for the highest dollar worth of imported crude oil during 2016 with purchases valued at $331.6 billion or 49.4% of the global total. In second place were European nations at 28.6% while 17.7% of worldwide crude oil imports were delivered to North America.

At 1.9%, a much smaller portion was purchased by Latin America (excluding Mexico) and the Caribbean. African importers bought 1.3% worth of the global total. Oceania countries including Australia and New Zealand consumed 1.2%.

The 4-digit Harmonized Tariff System code prefix for crude oil is 2709.

Crude Oil Imports by Country

Top 15

Below are the 15 countries that imported the highest dollar value worth of crude oil during 2016:

  1. China: US$116.2 billion (17.3% of total crude oil imports)
  2. United States: $108.1 billion (16.1%)
  3. India: $60.9 billion (9.1%)
  4. Japan: $50.8 billion (7.6%)
  5. South Korea: $44.2 billion (6.6%)
  6. Netherlands: $29.3 billion (4.4%)
  7. Germany: $28.7 billion (4.3%)
  8. Italy: $18.9 billion (2.8%)
  9. Spain: $18.7 billion (2.8%)
  10. France: $17.9 billion (2.7%)
  11. Thailand: $15.2 billion (2.3%)
  12. Singapore: $15.1 billion (2.2%)
  13. United Kingdom: $14.3 billion (2.1%)
  14. Taiwan: $12.9 billion (1.9%)
  15. Belgium: $11.5 billion (1.7%)

The listed 15 countries purchased 83.8% of all crude oil imports in 2016 (by value).

None of these top importers experienced a boost in the value of their crude oil purchases from 2012 to 2016.

Among the above countries, the fastest-declining crude oil importers since 2012 were: United Kingdom (down -70.1%), Japan (down -66.8%), Italy (down -66.8%) and the United States (down -66.4%).

China

Crude Oil Imports into China

Below are the top 15 suppliers from which China imported the highest dollar value worth of crude oil during 2016. Within parenthesis is the percentage change in value for each supplier since 2012.

  1. Russia: $16.8 billion (down -18.1%)
  2. Saudi Arabia: $15.6 billion (down -64.8%)
  3. Angola: $13.8 billion (down -58.7%)
  4. Oman: $11.1 billion (down -30%)
  5. Iraq: $10.6 billion (down -15.9%)
  6. Iran: $9.5 billion (down -46.8%)
  7. Brazil: $6 billion (up 28.8%)
  8. Kuwait: $4.8 billion (down -42.7%)
  9. Venezuela: $4.5 billion (down -56.8%)
  10. United Arab Emirates: $3.9 billion (down -48.4%)
  11. Colombia: $2.2 billion (up 3.6%)
  12. Congo: $2.1 billion (down -51%)
  13. Sudan: $1.8 billion (down -10.5%)
  14. United Kingdom: $1.7 billion (up 741.7%)
  15. Vietnam: $1.5 billion (up 130%)

The listed 15 countries shipped 91.1% of all Chinese crude oil imports in 2016.

Among the above countries, the fastest-growing suppliers of crude oil to China since 2012 were: United Kingdom (up 741.7%), Vietnam (up 130%), Brazil (up 28.8%) and Colombia (up 3.6%).

Countries that experienced declines in the value of their crude oil supplies to Chinese importers included: Saudi Arabia (down -64.8%), Angola (down -58.7%), Venezuela (down -56.8%) and Congo (down -51%).

Overall, the value of Chinese crude oil imports were down by an average -47.4% from all supplying countries since 2012 when crude oil purchases were valued at $220.8 billion.

USA

Crude Oil Imports into the United States

Below are the top 15 suppliers from which the US imported the highest dollar value worth of crude oil during 2016. Within parenthesis is the percentage change in value for each supplying country since 2012.

  1. Canada: $38.9 billion (down -47.5%)
  2. Saudi Arabia: $16.6 billion (down -70.1%)
  3. Venezuela: $9.8 billion (down -71.8%)
  4. Mexico: $7.8 billion (down -79.3%)
  5. Colombia: $6.5 billion (down -59.4%)
  6. Iraq: $6.2 billion (down -68.2%)
  7. Nigeria: $3.8 billion (down -78.7%)
  8. Ecuador: $3.6 billion (down -49.8%)
  9. Kuwait: $3.3 billion (down -74.5%)
  10. Angola: $2.5 billion (down -73.1%)
  11. Brazil: $2.3 billion (down -69.6%)
  12. Chad: $946.2 million (down -58.7%)
  13. Algeria: $929.6 million (down -83.9%)
  14. Indonesia: $694 million (up 170.4%)
  15. Russia: $685.6 million (down -83.2%)

The listed 15 countries shipped 96.9% of all American crude oil imports in 2016.

Countries that experienced declines in the value of their crude oil supplies to American importers included: Algeria (down -83.9%), Russia (down -83.2%), Mexico (down -79.3%) and Nigeria (down -78.7%).

The sole country that upped the value of its crude oil supplies to American importers was Indonesia via its 170.4% gain.

Overall, the value of American crude oil imports were down by an average -66.4% from all supplying countries since 2016 when crude oil purchases were valued at $322 billion.

India

Crude Oil Imports into India

Below are the top 15 suppliers from which India imported the highest dollar value worth of crude oil during 2016. Within parenthesis is the percentage change in value for each supplying country since 2012.

  1. Saudi Arabia: $12.1 billion (down -56.2%)
  2. Iraq: $9.9 billion (down -49.1%)
  3. Iran: $6.7 billion (down -40.7%)
  4. Nigeria: $6.6 billion (down -49.4%)
  5. United Arab Emirates: $5.6 billion (down -56.6%)
  6. Venezuela: $5.1 billion (down -58.1%)
  7. Kuwait: $2.7 billion (down -82.6%)
  8. Qatar: $1.7 billion (down -75.4%)
  9. Malaysia: $1.7 billion (down -15.2%)
  10. Angola: $1.7 billion (down -78.8%)
  11. Mexico: $1.5 billion (down -44.8%)
  12. Brazil: $973.8 million (down -72.3%)
  13. Egypt: $620.7 million (down -64.5%)
  14. Equatorial Guinea: $546.2 million (up 22.9%)
  15. Brunei Darussalam: $461.6 million (down -50.5%)

The listed 15 countries shipped 95.1% of all Indian crude oil imports in 2016.

Those only top country that upped the value of its crude oil supplies to Indian importers was Equatorial Guinea (up 22.9%).

Countries that experienced declines in the value of their crude oil supplies to Indian importers included: Kuwait (down -82.6%), Angola (down -78.8%), Qatar (down -75.4%) and Brazil (down -72.3%).

Overall, the value of Indian crude oil imports were down by an average -59.1% from all supplying countries since 2012 when crude oil purchases were valued at $148.8 billion.

Japan

Crude Oil Imports into Japan

Below are the top 15 suppliers from which Japan imported the highest dollar value worth of crude oil during 2016. Within parenthesis is the percentage change in value for each supplying country since 2012.

  1. Saudi Arabia: $18 billion (down -64.3%)
  2. United Arab Emirates: $12.9 billion (down -61.6%)
  3. Qatar: $4.7 billion (down -71%)
  4. Russia: $3.3 billion (down -53.9%)
  5. Iran: $3.3 billion (down -58.3%)
  6. Kuwait: $3.1 billion (down -72.9%)
  7. Mexico: $1.3 billion (up 172.8%)
  8. Iraq: $1.1 billion (down -61.5%)
  9. Indonesia: $848.7 million (down -85.6%)
  10. Oman: $642.2 million (down -85.2%)
  11. Malaysia: $278.5 million (down -76.7%)
  12. Ecuador: $208.5 million (down -79.4%)
  13. Vietnam: $200.5 million (down -94.7%)
  14. Colombia: $176.3 million (down -55.5%)
  15. Australia: $158.3 million (down -89.8%)

The listed 15 countries shipped 98.8% of all Japanese crude oil imports in 2016.

Those only top country that upped the value of its crude oil supplies to Japanese importers was Mexico (up 172.8%).

Countries that experienced declines in the value of their crude oil supplies to Indian importers included: Vietnam (down -94.7%), Australia (down -89.8%), Indonesia (down -85.6%) and Oman (down -85.2%).

Overall, the value of Indian crude oil imports were down by an average -66.8% from all supplying countries since 2012 when crude oil purchases were valued at $153.1 billion.



 

Searchable List of crude oil Importing Countries

You can change the presentation order by clicking the triangle icon at the top of any of the columns below.

RankImporter2016 Crude Oil Imports% World Total
1.ChinaUS$116.2 billion17.3%
2.United States$108.1 billion16.1%
3.India$60.9 billion9.1%
4.Japan$50.8 billion7.6%
5.South Korea$44.2 billion6.6%
6.Netherlands$29.3 billion4.4%
7.Germany$28.7 billion4.3%
8.Italy$18.9 billion2.8%
9.Spain$18.7 billion2.8%
10.France$17.9 billion2.7%
11.Thailand$15.2 billion2.3%
12.Singapore$15.1 billion2.2%
13.United Kingdom$14.3 billion2.1%
14.Taiwan$12.9 billion1.9%
15.Belgium$11.5 billion1.7%
16.Canada$10.9 billion1.6%
17.Poland$7.1 billion1.1%
18.Greece$6.8 billion1%
19.Indonesia$6.7 billion1%
20.South Africa$6.5 billion1%
21.Sweden$6 billion0.9%
22.Australia$5.9 billion0.9%
23.Portugal$4.3 billion0.6%
24.Belarus$4 billion0.6%
25.Finland$3.8 billion0.6%
26.Israel$3.3 billion0.5%
27.Lithuania$2.9 billion0.4%
28.Philippines$2.9 billion0.4%
29.Brazil$2.9 billion0.4%
30.Malaysia$2.8 billion0.4%
31.Austria$2.4 billion0.4%
32.Romania$2.3 billion0.3%
33.Chile$2.3 billion0.3%
34.Bulgaria$1.9 billion0.3%
35.New Zealand$1.9 billion0.3%
36.Hungary$1.8 billion0.3%
37.Slovakia$1.8 billion0.3%
38.Panama$1.8 billion0.3%
39.Czech Republic$1.7 billion0.3%
40.Peru$1.6 billion0.2%
41.Egypt$1.4 billion0.2%
42.Denmark$1.3 billion0.2%
43.Ireland$1.1 billion0.2%
44.Switzerland$950.4 million0.1%
45.Croatia$833 million0.1%
46.Trinidad/Tobago$797.7 million0.1%
47.Bahamas$740.9 million0.1%
48.Serbia$688 million0.1%
49.Netherlands Antilles$496 million0.1%
50.United Arab Emirates$435.9 million0.1%
51.Saint Lucia$431.4 million0.1%
52.Uruguay$425.5 million0.1%
53.Senegal$418 million0.06%
54.Dominican Republic$345.6 million0.05%
55.Aruba$344.6 million0.05%
56.Bosnia/Herzegovina$291.7 million0.04%
57.Argentina$278.7 million0.04%
58.Ukraine$216.2 million0.03%
59.Nicaragua$206.6 million0.03%
60.Norway$161.1 million0.02%
61.Jamaica$143.6 million0.02%
62.Papua New Guinea$122.9 million0.02%
63.Côte d'Ivoire$93.9 million0.01%
64.Marshall Islands$72.9 million0.01%
65.Uzbekistan$67.6 million0.01%
66.Vietnam$53.1 million0.01%
67.Ghana$49.6 million0.01%
68.Azerbaijan$48.2 million0.01%
69.Russia$42.9 million0.01%
70.Gibraltar$33.2 million0.005%
71.Estonia$25.2 million0.004%
72.Tunisia$23.1 million0.003%
73.Liberia$18.1 million0.003%
74.Guatemala$17.4 million0.003%
75.Georgia$11.6 million0.002%
76.Kazakhstan$7.1 million0.001%
77.Kyrgyzstan$4 million0.001%
78.Mali$877,0000.0001%
79.Afghanistan$772,0000.0001%
80.Latvia$434,0000.0001%
81.Mongolia$419,0000.0001%
82.Ecuador$190,0000.00003%
83.Lebanon$177,0000.00003%
84.Uganda$161,0000.00002%
85.New Caledonia$153,0000.00002%
86.El Salvador$57,0000.00001%
87.Tajikistan$54,0000.00001%
88.Congo$50,0000.00001%
89.Saint Helena$50,0000.00001%
90.Zambia$44,0000.00001%
91.Brunei Darussalam$41,0000.00001%
92.Nigeria$31,0000.000005%
93.Luxembourg$31,0000.000005%
94.Fiji$25,0000.000004%
95.Costa Rica$22,0000.000003%
96.Moldova$19,0000.000003%
97.Lesotho$15,0000.000002%
98.Colombia$14,0000.000002%
99.Mexico$11,0000.000002%
100.Botswana$10,0000.000001%
101.Zimbabwe$10,0000.000001%
102.Falkland Is. (Malvinas)$8,0000.000001%
103.Democratic Rep. Congo$7,0000.000001%
104.Paraguay$7,0000.000001%
105.Libya$6,0000.000001%
106.Bolivia$6,0000.000001%
107.Iceland$5,0000.000001%
108.Malawi$5,0000.000001%
109.Syrian Arab Republic$5,0000.000001%
110.Iran$4,0000.000001%
111.Iraq$4,0000.000001%
112.Cambodia$4,0000.000001%
113.Samoa$3,0000.0000004%
114.Swaziland$2,0000.0000003%
115.Gambia$2,0000.0000003%
116.Honduras$2,0000.0000003%
117.Montenegro$2,0000.0000003%
118.Mozambique$2,0000.0000003%
119.Seychelles$2,0000.0000003%
120.Namibia$1,0000.0000001%
121.Malta$1,0000.0000001%
122.Fr. S. Antarctic Terr.$1,0000.0000001%
123.Sri Lanka$1,0000.0000001%
124.Antigua/Barbuda$1,0000.0000001%
125.Tonga$1,0000.0000001%
126.Venezuela$1,0000.0000001%


See also Crude Oil Exports by Country, China’s Top Import Partners, Highest Value US Import Products and Largest Oil and Gas Export Companies

Research Sources:
The World Factbook, Field Listing: Imports – Commodities, Central Intelligence Agency. Accessed on May 11, 2017

Trade Map, International Trade Centre. Accessed on May 11, 2017

Investopedia, Net Importer Definition. Accessed on May 11, 2017