🇬🇧 United Kingdom imports of crude oil: 2024 trade data
The United Kingdom imported $30.82 billion of crude oil in 2024 (51.14 million tonnes). Its share of world imports was 2%. That is close to the 2023 level. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $39.24 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of crude oil by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $30.82B | 51.14M t |
| 2023 | $31.70B | 51.17M t |
| 2022 | $39.24B | 53.17M t |
| 2021 | $24.50B | 46.74M t |
| 2020 | $15.43B | 50.97M t |
| 2019 | $24.30B | 50.52M t |
| 2018 | $25.75B | 47.86M t |
| 2017 | $19.19B | 49.19M t |
Where the United Kingdom imports crude oil from
Most of the value came from Norway (39%), United States (33%), Libya (9%). Among the main suppliers, Guyana grew fastest (+92% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇳🇴 Norway | $12.11B | 39% |
| 🇺🇸 United States | $10.23B | 33% |
| 🇱🇾 Libya | $2.69B | 8.7% |
| 🇳🇬 Nigeria | $1.30B | 4.2% |
| 🇬🇾 Guyana | $896.8M | 2.9% |
| 🇩🇿 Algeria | $753.8M | 2.5% |
| 🇹🇷 Turkey | $596.0M | 1.9% |
| 🇨🇦 Canada | $547.3M | 1.8% |
| 🇦🇴 Angola | $413.6M | 1.3% |
| 🇦🇿 Azerbaijan | $396.1M | 1.3% |
Average import price of crude oil
The average declared value was about $0.60 per kg, close to the world average of $0.54.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Kingdom also exports crude oil
Exports of crude oil by the United Kingdom reached $16.99 billion in 2024 (28.97 million tonnes). Its share of world exports was 1%. Most of it went to Netherlands (29%), Germany (18%), United States (9%). Among the main buyer markets, United States grew fastest (+98% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇳🇱 Netherlands | $4.91B | 29% |
| 🇩🇪 Germany | $3.04B | 18% |
| 🇺🇸 United States | $1.53B | 9% |
| 🇸🇪 Sweden | $1.38B | 8.1% |
| 🇵🇱 Poland | $1.34B | 7.9% |
| 🇨🇳 China | $1.15B | 6.8% |
| 🇫🇮 Finland | $584.0M | 3.4% |
| 🇱🇹 Lithuania | $566.6M | 3.3% |
| 🇫🇷 France | $505.4M | 3% |
| 🇰🇷 South Korea | $499.0M | 2.9% |
Who is behind these numbers in the United Kingdom?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2709: Petroleum oils and oils obtained from bituminous minerals; crude.
Crude oil trade in the United Kingdom: questions
What is the value of crude oil imported by the United Kingdom?
The United Kingdom imported crude oil worth $30.82 billion in 2024 (51.14 million tonnes).
Where does the United Kingdom import crude oil from?
The main supplier countries in 2024 were Norway (39%), United States (33%), Libya (9%).
What is the average import price of crude oil in the United Kingdom?
The average declared import value was about $0.60 per kg in 2024, against a world average of $0.54 per kg.
Does the United Kingdom export crude oil?
Yes. The United Kingdom exported crude oil worth $16.99 billion in 2024, mainly to Netherlands, Germany, United States.
What is the HS code for crude oil?
Crude oil falls under HS heading 2709 (Petroleum oils and oils obtained from bituminous minerals; crude). The six-digit codes under it split the product by type.
How can I find the companies trading crude oil with the United Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Crude oil trade in other countries
More trade data for the United Kingdom
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