Crude Oil Imports by Country

Crude Oil Imports by Country

Oil tanker in sunset

Global purchases of imported crude oil totaled US$873.4 billion in 2017.

Overall, the dollar value of crude oil imports for all importing countries was down by an average -47.1% since 2013 when crude oil purchases were valued at $1.652 trillion. Year over year, imported crude oil increased in value by 28% from $682.5 billion for 2016.

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 2017 with purchases valued at $429.8 billion or 49.2% of the global total. In second place were European nations at 29.2% while 17.4% of worldwide crude oil imports were delivered to North America.

At 1.8%, 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 1.1%.

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 2017:

  1. China: US$162.2 billion (18.6% of total crude oil imports)
  2. United States: $139.1 billion (15.9%)
  3. Japan: $63.7 billion (7.3%)
  4. India: $60.2 billion (6.9%)
  5. South Korea: $59.6 billion (6.8%)
  6. Netherlands: $37.4 billion (4.3%)
  7. Germany: $36.2 billion (4.1%)
  8. Italy: $26.1 billion (3%)
  9. Spain: $25.7 billion (2.9%)
  10. France: $23.8 billion (2.7%)
  11. Singapore: $21.4 billion (2.5%)
  12. United Kingdom: $20.9 billion (2.4%)
  13. Thailand: $20.1 billion (2.3%)
  14. Taiwan: $16.9 billion (1.9%)
  15. Belgium: $15.3 billion (1.7%)

The listed 15 countries purchased 83.4% of all crude oil imports in 2017 (by value).

None of these top importers experienced a boost in the value of their crude oil purchases from 2013 to 2017.

Among the above countries, the fastest-declining crude oil importers since 2013 were: India (down -59.3%), Japan (down -56.3%), Germany (down -52.2%), United States (down -50.2%), Taiwan (down -49.7%), Thailand (down -48.5%) and United Kingdom (down -48%).

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 2017. Within parenthesis is the percentage change in value for each supplier since 2013.

  1. Russia: US$23.7 billion (up 20.3% from 2013)
  2. Saudi Arabia: $20.5 billion (down -51.6%)
  3. Angola: $19.8 billion (down -37.7%)
  4. Iraq: $13.8 billion (down -23%)
  5. Oman: $12.2 billion (down -39%)
  6. Iran: $11.9 billion (down -29.5%)
  7. Brazil: $8.8 billion (up 131.7%)
  8. Kuwait: $7.1 billion (down -2.8%)
  9. Venezuela: $6.6 billion (down -35.4%)
  10. United Arab Emirates: $4.1 billion (down -51%)
  11. United Kingdom: $3.6 billion (up 1,998%)
  12. Congo: $3.4 billion (down -36.9%)
  13. Colombia: $3.4 billion (up 19.9%)
  14. United States: $3.2 billion (up 318,254,300%)
  15. Malaysia: $2.6 billion (up 400%)

The listed 15 countries shipped 89.2% of all Chinese crude oil imports in 2017.

Among the above countries, the fastest-growing suppliers of crude oil to China since 2013 were: United States (up from just $1,000), United Kingdom (up 1,998%), Malaysia (up 400%), Brazil (up 131.7%) and Russia (up 20.3%).

Countries that experienced declines in the value of their crude oil supplies to Chinese importers included: Saudi Arabia (down -51.6%), United Arab Emirates (down -51%), Oman (down -39%) and Angola (down -37.7%)

Overall, the value of Chinese crude oil imports fell by an average -26.2% from all supplying countries since 2013 when China’s crude oil purchases were valued at $219.7 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 2017. Within parenthesis is the percentage change in value for each supplying country since 2013.

  1. Canada: US$53.3 billion (down -32.1% from 2013)
  2. Saudi Arabia: $18.2 billion (down -64.7%)
  3. Iraq: $11.1 billion (down -18.1%)
  4. Venezuela: $10.7 billion (down -61.8%)
  5. Mexico: $10 billion (down -69%)
  6. Colombia: $6.7 billion (down -53%)
  7. Nigeria: $6.5 billion (down -36.1%)
  8. Ecuador: $4.1 billion (down -54.7%)
  9. Brazil: $3.9 billion (down -9.6%)
  10. Kuwait: $2.8 billion (down -77.7%)
  11. Angola: $2.5 billion (down -70.1%)
  12. Algeria: $1.4 billion (up 1.8%)
  13. Libya: $1.3 billion (down -30.8%)
  14. Russia: $1 billion (down -46.9%)
  15. Norway: $923.3 million (up 60.9%)

The listed 15 countries shipped 96.6% of all American crude oil imports in 2017.

Countries that experienced the most severe declines in the value of their crude oil supplies to American importers were: Kuwait (down -77.7%), Angola (down -70.1%), Mexico (down -69%), Saudi Arabia (down -64.7%) and Venezuela (down -61.8%).

Two countries upped the value of their crude oil supplies to American importers, namely Norway via its 60.9% gain trailed by Algeria with a modest 1.8% increase.

Overall, the value of American crude oil imports were down by an average -50.2% from all supplying countries since 2017 when crude oil purchases were valued at $279.5 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 2017. Within parenthesis is the percentage change in value for each supplying country since 2013.

  1. Saudi Arabia: US$25.6 billion (down -44.7% from 2013)
  2. United Arab Emirates: $15.6 billion (down -53.1%)
  3. Qatar: $4.7 billion (down -74.4%)
  4. Kuwait: $4.4 billion (down -58.1%)
  5. Russia: $3.7 billion (down -63.4%)
  6. Iran: $3.5 billion (down -49.2%)
  7. Iraq: $1 billion (down -60.8%)
  8. Indonesia: $781.8 million (down -84.1%)
  9. Mexico: $779.6 million (up 1%)
  10. Oman: $598.2 million (down -80.6%)
  11. United States: $571.9 million (up 667.9%)
  12. Kazakhstan: $547 million (up 873.7%)
  13. Ecuador: $474.3 million (down -46.5%)
  14. Vietnam: $349.8 million (down -84%)
  15. Malaysia: $270 million (down -69.9%)

The listed 15 countries shipped 98.7% of all Japanese crude oil imports in 2017.

Three countries upped the value of its crude oil supplies to Japanese importers, namely Kazakhstan (up 873.7%), United States (up 667.9%) and Mexico (up 1%).

Countries that experienced the most severe declines in the value of their crude oil supplies to Indian importers were: Indonesia (down -84.1%), Vietnam (down -84%), Oman (down -80.6%) and Qatar (down -74.4%).

Overall, the value of Indian crude oil imports were down by an average -56.3% from all supplying countries since 2013 when crude oil purchases were valued at $145.7 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 2017. Within parenthesis is the percentage change in value for each supplying country since 2013.

  1. Iraq: US$11.5 billion (down -42.8% from 2013)
  2. Saudi Arabia: $10.3 billion (down -67.1%)
  3. Iran: $6.2 billion (down -22.3%)
  4. Nigeria: $5.4 billion (down -58.8%)
  5. United Arab Emirates: $4.5 billion (down -62.5%)
  6. Venezuela: $4.3 billion (down -71.3%)
  7. Kuwait: $3.4 billion (down -78.0%)
  8. Angola: $2.2 billion (down -66.6%)
  9. Mexico: $1.8 billion (down -49.3%)
  10. Oman: $1.3 billion (down -9.6%)
  11. Brazil: $1.2 billion (down -32.4%)
  12. Russia: $1.01 billion (up 1,123%)
  13. Qatar: $1 billion (down -74.6%)
  14. Malaysia: $942.9 million (down -54.3%)
  15. Algeria: $791.3 million (up 139.4%)

The listed 15 countries shipped 93% of all Indian crude oil imports in 2017.

Only two top countries upped the value of its crude oil supplies to Indian importers, namely Russia via a 1,123% increase and Algeria with its 139.4% gain.

Countries that experienced the most severe declines in the value of their crude oil supplies to Indian importers since 2013 were: Kuwait (down -78%), Qatar (down -74.6%), Venezuela (down -71.3%), Saudi Arabia (down -67%) and Angola (down -66.6%).

Overall, the value of Indian crude oil imports fell by an average -59.3% from all supplying countries since 2013 when crude oil purchases were valued at $148 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.

RankImporter2017 Crude Oil Imports% World Total
1.IndiaUS$60.2 billion6.9%
2.Japan$63.7 billion7.3%
3.Germany$36.2 billion4.1%
4.United States$139.1 billion15.9%
5.Taiwan$16.9 billion1.9%
6.Thailand$20.1 billion2.3%
7.United Kingdom$20.9 billion2.4%
8.France$23.8 billion2.7%
9.Belgium$15.3 billion1.7%
10.Netherlands$37.4 billion4.3%
11.Italy$26.1 billion3%
12.Spain$25.7 billion2.9%
13.South Korea$59.6 billion6.8%
14.Singapore$21.4 billion2.5%
15.China$162.2 billion18.6%
16.Canada$12.7 billion1.5%
17.Poland$9 billion1%
18.Greece$8.7 billion1%
19.Indonesia$8.2 billion0.9%
20.Sweden$7.7 billion0.9%
21.Australia$7.2 billion0.8%
22.South Africa$6.4 billion0.7%
23.Portugal$5.5 billion0.6%
24.Belarus$5.3 billion0.6%
25.Finland$4.9 billion0.6%
26.Israel$4.5 billion0.5%
27.Lithuania$4.1 billion0.5%
28.Malaysia$3.9 billion0.4%
29.Philippines$3.5 billion0.4%
30.Czech Republic$3.2 billion0.4%
31.Pakistan$3.1 billion0.4%
32.Chile$3.1 billion0.4%
33.Austria$3 billion0.3%
34.Romania$3 billion0.3%
35.Brazil$3 billion0.3%
36.Panama$2.8 billion0.3%
37.Bulgaria$2.6 billion0.3%
38.Hungary$2.3 billion0.3%
39.New Zealand$2.2 billion0.3%
40.Slovakia$2.1 billion0.2%
41.Denmark$2 billion0.2%
42.Egypt$1.8 billion0.2%
43.Peru$1.4 billion0.2%
44.Ireland$1.4 billion0.2%
45.Bahamas$1.4 billion0.2%
46.Switzerland$1.2 billion0.1%
47.Croatia$1.1 billion0.1%
48.Saint Lucia$1.1 billion0.1%
49.Jordan$1.1 billion0.1%
50.Trinidad/Tobago$980.3 million0.1%
51.Togo$971.2 million0.1%
52.Serbia$936.5 million0.1%
53.Norway$679.8 million0.1%
54.Côte d'Ivoire$610.3 million0.1%
55.Sri Lanka$602.8 million0.1%
56.United Arab Emirates$525.8 million0.1%
57.Argentina$455.2 million0.1%
58.Ukraine$441.1 million0.1%
59.Zambia$429.7 million0.05%
60.Jamaica$405.5 million0.05%
61.Senegal$335.8 million0.04%
62.Dominican Republic$333.8 million0.04%
63.Bosnia/Herzegovina$329.6 million0.04%
64.Gibraltar$319.1 million0.04%
65.Cameroon$309.8 million0.04%
66.Curaçao$283.5 million0.03%
67.Uruguay$280.4 million0.03%
68.Cuba$208.9 million0.02%
69.Nicaragua$155.7 million0.02%
70.Ghana$123.2 million0.01%
71.Vietnam$93.2 million0.01%
72.Aruba$85.8 million0.01%
73.Uzbekistan$78.1 million0.01%
74.Papua New Guinea$77 million0.01%
75.Russia$52.8 million0.01%
76.Tajikistan$36.8 million0.004%
77.US Minor Outlining Is.$24 million0.003%
78.Georgia$20.7 million0.002%
79.Azerbaijan$17.2 million0.002%
80.Estonia$15.8 million0.002%
81.Kazakhstan$13.3 million0.002%
82.Ecuador$5.5 million0.001%
83.Bangladesh$3 million0.0003%
84.Brunei Darussalam$1.6 million0.0002%
85.Latvia$588,0000.0001%
86.Moldova$577,0000.0001%
87.Kyrgyzstan$445,0000.0001%
88.Guatemala$184,0000.00002%
89.Ethiopia$165,0000.00002%
90.Oman$130,0000.00001%
91.Mexico$110,0000.00001%
92.Benin$107,0000.00001%
93.Iraq$92,0000.00001%
94.Kenya$83,0000.00001%
95.Nepal$82,0000.00001%
96.Mozambique$80,0000.00001%
97.North Korea$76,0000.00001%
98.Paraguay$71,0000.00001%
99.Botswana$65,0000.00001%
100.Zimbabwe$46,0000.00001%
101.Namibia$37,0000.000004%
102.El Salvador$37,0000.000004%
103.Swaziland$36,0000.000004%
104.Honduras$30,0000.000003%
105.Mongolia$28,0000.000003%
106.Uganda$28,0000.000003%
107.Costa Rica$26,0000.000003%
108.Luxembourg$23,0000.000003%
109.Colombia$19,0000.000002%
110.Sudan$18,0000.000002%
111.Cook Islands$17,0000.000002%
112.Niger$16,0000.000002%
113.Lesotho$15,0000.000002%
114.Algeria$13,0000.000001%
115.Tunisia$13,0000.000001%
116.Malawi$12,0000.000001%
117.Tokelau$10,0000.000001%
118.Fiji$7,0000.000001%
119.Haiti$5,0000.000001%
120.Angola$5,0000.000001%
121.Maldives$5,0000.000001%
122.Morocco$2,0000.0000002%
123.St. Pierre/Miquelon$2,0000.0000002%
124.Saint Helena$1,0000.0000001%
125.Antigua/Barbuda$1,0000.0000001%
126.Cambodia$1,0000.0000001%
127.Iceland$1,0000.0000001%
128.Turkmenistan$1,0000.0000001%


See also Crude Oil Exports by Country, US Crude Oil Imports by Supplier Countries, 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 15, 2018

Trade Map, International Trade Centre. Accessed on May 15, 2018

Investopedia, Net Importer Definition. Accessed on May 15, 2018