Crude Oil Imports by Country

Crude Oil Imports by Country

Oil tanker in sunset

Global purchases of imported crude oil totaled US$1.182 trillion in 2018 reflecting robust demand from 129 countries.

Overall, the dollar value of crude oil imports for all importing countries fell by -22.9% since 2014 when crude oil purchases were valued at $1.532 trillion. Year over year, imported crude oil expanded in value by 31.7% from $897.3 billion for 2017.

Among continents, Asian countries accounted for the highest dollar worth of imported crude oil during 2018 with purchases costing $628.2 billion or 53.2% of the global total. In second place were European nations at 27.6% while 15% of worldwide crude oil imports were delivered to North America.

Smaller percentages went to Latin America (1.8%) excluding Mexico but including the Caribbean, Africa (1.2%) then Oceania (1.1%) led by Australia and New Zealand.

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 2018.

  1. China: US$239.2 billion (20.2% of total crude oil imports)
  2. United States: $163.1 billion (13.8%)
  3. India: $114.5 billion (9.7%)
  4. Japan: $80.6 billion (6.8%)
  5. South Korea: $80.4 billion (6.8%)
  6. Netherlands: $48.8 billion (4.1%)
  7. Germany: $45.1 billion (3.8%)
  8. Spain: $34.2 billion (2.9%)
  9. Italy: $32.6 billion (2.8%)
  10. France: $28.5 billion (2.4%)
  11. Thailand: $28.4 billion (2.4%)
  12. Singapore: $28 billion (2.4%)
  13. United Kingdom: $26 billion (2.2%)
  14. Taiwan: $23.4 billion (2%)
  15. Belgium: $19.5 billion (1.7%)

By value, the listed 15 countries purchased 83.9% of all crude oil imports in 2018.

The sole increase from 2014 to 2018 among the above top countries was the 4.8% gain for the People’s Republic of China.

Those countries that posted declines in their imported crude oil purchases were led by: Japan (down -38.3%), United States (down -35.6%), Germany (down -31.5%) then Belgium (down -28%).

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 2018. Within parenthesis is the percentage change in value for each supplier since 2014.

  1. Russia: US$37.9 billion (up 51.9% from 2014)
  2. Saudi Arabia: $29.7 billion (down -19.7%)
  3. Angola: $24.9 billion (down -19.5%)
  4. Iraq: $22.4 billion (up 8%)
  5. Oman: $17.3 billion (down -23.6%)
  6. Brazil: $16.2 billion (up 231.6%)
  7. Iran: $15 billion (down -27.9%)
  8. Kuwait: $11.9 billion (up 56.4%)
  9. Venezuela: $7 billion (down -16.4%)
  10. United States: $6.8 billion (up 679885900%)
  11. United Arab Emirates: $6.7 billion (down -26.5%)
  12. Congo: $6.4 billion (up 22.9%)
  13. Colombia: $5 billion (down -28.5%)
  14. Malaysia: $4.8 billion (up 2453.7%)
  15. Libya: $4.7 billion (up 573.5%)

The listed 15 countries shipped 90.6% of all Chinese crude oil imports in 2018.

Among the above countries, the fastest-growing suppliers of crude oil to China since 2014 were: United States (up 679,885,900%), Malaysia (up 2,454%), Libya (up 573.5%) then Brazil (up 231.6%).

Countries that experienced declines in the value of their crude oil supplied to Chinese importers included: Colombia (down -28.5%), Iran (down -27.9%), United Arab Emirates (down -26.5%) and Oman (down -23.6%).

Overall, the value of Chinese crude oil imports rose by an average 4.8% from all supplying countries since 2014 when crude oil purchases were valued at $228.3 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 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. Canada: US$64.3 billion (down -24.9% from 2014)
  2. Saudi Arabia: $21.9 billion (down -52.5%)
  3. Mexico: $14.7 billion (down -47.8%)
  4. Iraq: $12.1 billion (down -13.2%)
  5. Venezuela: $11 billion (down -60%)
  6. Colombia: $6.6 billion (down -37%)
  7. Nigeria: $5.1 billion (up 88.9%)
  8. Ecuador: $4.2 billion (down -43%)
  9. Brazil: $3.9 billion (down -26.3%)
  10. Angola: $2.5 billion (down -52.7%)
  11. Algeria: $2.2 billion (up 756.7%)
  12. Russia: $2.1 billion (up 170.3%)
  13. Kuwait: $1.9 billion (down -83.5%)
  14. Norway: $1.7 billion (up 258.4%)
  15. United Kingdom: $1.5 billion (up 258.7%)

The listed 15 countries shipped 95.3% of all American crude oil imports in 2018.

Among the above countries, the fastest-growing suppliers of crude oil to the United States since 2014 were: Algeria (up 756.7%), United Kingdom (up 258.7%), Norway (up 258.4%) and Russia (up 170.3%).

Countries that experienced declines in the value of their crude oil supplied to American importers included: Kuwait (down -83.5%), Venezuela (down -59.8%), Angola (down -52.7%) and Saudi Arabia (down -52.5%).

Overall, the value of American crude oil imports retreated by an average -35.6% from all supplying countries since 2014 when crude oil purchases were valued at $253.2 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 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. Iraq: US$23 billion (up 43.7% from 2014)
  2. Saudi Arabia: $21.2 billion (down -19.6%)
  3. Iran: $13 billion (up 36.7%)
  4. Nigeria: $9.6 billion (down -35.4%)
  5. United Arab Emirates: $8.9 billion (down -23.8%)
  6. Venezuela: $7.4 billion (down -43.4%)
  7. Kuwait: $5.7 billion (down -55.9%)
  8. Mexico: $3.7 billion (up 35.5%)
  9. Angola: $3.4 billion (down -37.2%)
  10. United States: $2.8 billion (zero in 2014)
  11. Malaysia: $2.4 billion (up 0.1%)
  12. Oman: $1.7 billion (up 226.7%)
  13. Brazil: $1.5 billion (down -50.7%)
  14. Qatar: $1.2 billion (down -64.3%)
  15. Russia: $1.2 billion (up 612.4%)

The listed 15 countries shipped 93.2% of all Indian crude oil imports in 2018.

Among the above countries, the fastest-growing suppliers of crude oil to India since 2014 were: Russia (up 612.4%), Oman (up 226.7%), Iraq (up 43.7%) and Iran (up 36.7%).

Countries that experienced declines in the value of their crude oil supplied to Indian importers included: Qatar (down -64.3%), Kuwait (down -55.9%), Brazil (down -50.7%) and Venezuela (down -43.4%).

Overall, the value of Indian crude oil imports slipped by an average -15.7% from all supplying countries since 2014 when crude oil purchases were valued at $135.8 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 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. Saudi Arabia: US$31.2 billion (down -28.2% from 2014)
  2. United Arab Emirates: $20.6 billion (down -35%)
  3. Qatar: $6.3 billion (down -56.2%)
  4. Kuwait: $6 billion (down -36.1%)
  5. Russia: $3.9 billion (down -62.6%)
  6. Iran: $3.4 billion (down -45%)
  7. United States: $1.4 billion (up 4288%)
  8. Oman: $1.4 billion (down -23.1%)
  9. Iraq: $1.3 billion (down -12.3%)
  10. Kazakhstan: $886.2 million (up 684%)
  11. Mexico: $800.6 million (up 272.1%)
  12. Ecuador: $739.1 million (down -24.4%)
  13. Indonesia: $616.6 million (down -82.7%)
  14. Bahrain: $559.5 million (down 0%)
  15. Malaysia: $330.5 million (down -50.1%)

The listed 15 countries shipped 98.7% of all Japanese crude oil imports in 2018.

Among the above countries, the three top suppliers of crude oil expanded their sales to Japan since 2014 were: United States (up 4,288%), Kazakhstan (up 684%) and Mexico (up 272.1%).

Countries that experienced declines in the value of their crude oil supplied to Japanese importers included: Indonesia (down -82.7%), Russia (down -62.6%), Qatar (down -56.2%) and Malaysia (down -50.1%).

Overall, the value of Japanese crude oil imports dropped by an average -38.3% from all supplying countries since 2014 when crude oil purchases were valued at $130.7 billion.



 

Searchable List of crude oil Importing Countries in 2018

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

RankImporterCrude Oil Imports (US$)%World Total
1.China$239.2 billion20.2%
2.United States$163.1 billion13.8%
3.India$114.5 billion9.7%
4.Japan$80.6 billion6.8%
5.South Korea$80.4 billion6.8%
6.Netherlands$48.8 billion4.1%
7.Germany$45.1 billion3.8%
8.Spain$34.2 billion2.9%
9.Italy$32.6 billion2.8%
10.France$28.5 billion2.4%
11.Thailand$28.4 billion2.4%
12.Singapore$28 billion2.4%
13.United Kingdom$26 billion2.2%
14.Taiwan$23.4 billion2%
15.Belgium$19.5 billion1.7%
16.Poland$14.5 billion1.2%
17.Canada$14.2 billion1%
18.Greece$12.4 billion1%
19.South Africa$10.8 billion0.9%
20.Sweden$10.6 billion0.9%
21.Australia$10.2 billion0.9%
22.Indonesia$9.2 billion0.8%
23.Belarus$6.8 billion0.6%
24.Portugal$6.5 billion0.6%
25.Finland$6.5 billion0.6%
26.Israel$6.1 billion0.5%
27.Malaysia$5.7 billion0.5%
28.Philippines$5.2 billion0.4%
29.Lithuania$5.1 billion0.4%
30.Brazil$5 billion0.4%
31.Pakistan$4.9 billion0.4%
32.Austria$4.5 billion0.4%
33.Romania$4.2 billion0.4%
34.Chile$4.2 billion0.4%
35.Panama$4 billion0.3%
36.Hungary$3.2 billion0.3%
37.Bulgaria$3 billion0.3%
38.New Zealand$2.9 billion0.2%
39.Peru$2.9 billion0.2%
40.Slovakia$2.8 billion0.2%
41.Denmark$2.6 billion0.2%
42.Norway$1.7 billion0.1%
43.Switzerland$1.7 billion0.1%
44.Ireland$1.6 billion0.1%
45.Côte d'Ivoire$1.5 billion0.1%
46.Croatia$1.5 billion0.1%
47.Serbia$1.4 billion0.1%
48.Jordan$1.2 billion0.1%
49.Saint Lucia$1.2 billion0.1%
50.Uruguay$1.2 billion0.1%
51.United Arab Emirates$979.1 million0.1%
52.Trinidad/Tobago$924.9 million0.1%
53.Curaçao$905.7 million0.1%
54.Togo$866 million0.1%
55.Senegal$585 million0.05%
56.Bahamas$464.6 million0.04%
57.Zambia$434.6 million0.04%
58.Dominican Republic$430 million0.04%
59.Bosnia/Herzegovina$361.2 million0.03%
60.Czech Republic$293.4 million0.02%
61.Papua New Guinea$254.3 million0.02%
62.Cameroon$225.8 million0.02%
63.Nicaragua$169.3 million0.01%
64.Uzbekistan$165.5 million0.01%
65.Aruba$155.3 million0.01%
66.Gibraltar$147.6 million0.01%
67.Vietnam$133 million0.01%
68.Myanmar (Burma)$130.4 million0.01%
69.Argentina$115.2 million0.01%
70.Dominica$110.7 million0.01%
71.Jamaica$105.3 million0.01%
72.Colombia$79.5 million0.01%
73.Mexico$74.9 million0.01%
74.Russia$64.2 million0.01%
75.Cuba$55.8 million0.005%
76.Azerbaijan$51.6 million0.004%
77.Seychelles$44.7 million0.004%
78.Ecuador$34.4 million0.003%
79.Guinea$26.7 million0.002%
80.Kazakhstan$9.9 million0.001%
81.Tajikistan$6.6 million0.001%
82.Ukraine$5.4 million0.0005%
83.Brunei Darussalam$3.4 million0.0003%
84.Estonia$2.2 million0.0002%
85.Fiji$1.8 million0.0002%
86.Kyrgyzstan$630,0000.0001%
87.Latvia$609,0000.0001%
88.Georgia$595,0000.00005%
89.Saudi Arabia$244,0000.00002%
90.New Caledonia$217,0000.00002%
91.Zimbabwe$141,0000.00001%
92.Mozambique$75,0000.00001%
93.Lesotho$75,0000.00001%
94.El Salvador$68,0000.00001%
95.Paraguay$65,0000.00001%
96.Democr. Rep. Congo$58,0000.000005%
97.Moldova$57,0000.000005%
98.Qatar$41,0000.000003%
99.Mauritania$39,0000.000003%
100.Luxembourg$34,0000.000003%
101.Tonga$34,0000.000003%
102.Iraq$30,0000.000003%
103.Costa Rica$29,0000.000002%
104.Bangladesh$24,0000.000002%
105.Marshall Islands$24,0000.000002%
106.Uganda$17,0000.000001%
107.Montenegro$15,0000.000001%
108.Namibia$13,0000.000001%
109.Cook Islands$11,0000.000001%
110.Ethiopia$10,0000.000001%
111.Eswatini$10,0000.000001%
112.Kiribati$9,0000.000001%
113.Vanuatu$9,0000.000001%
114.Kenya$8,0000.000001%
115.Laos$8,0000.000001%
116.Iceland$5,0000.0000004%
117.Ghana$5,0000.0000004%
118.Botswana$5,0000.0000004%
119.Malawi$4,0000.0000003%
120.Honduras$3,0000.0000003%
121.Congo$3,0000.0000003%
122.Guyana$3,0000.0000003%
123.Burundi$2,0000.0000002%
124.Maldives$2,0000.0000002%
125.Tanzania$2,0000.0000002%
126.Burkina Faso$2,0000.0000002%
127.Malta$1,0000.0000001%
128.Lebanon$1,0000.0000001%
129Gabon$1,0000.0000001%


See also Crude Oil Exports by Country, China’s Top Trading Partners and Largest Oil and Gas Export Companies

Research Sources:
International Trade Centre, Trade Map. Accessed on April 14, 2019

Investopedia, Net Importer Definition. Accessed on April 14, 2019

Wikipedia, Big Oil. Accessed on April 14, 2019

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on April 14, 2019