🇺🇸 United States imports of crude oil: 2024 trade data
Imports of crude oil by the United States reached $167.34 billion in 2024 (343.46 million tonnes). It ranks 2nd of 149 countries for imports of this product. The value was almost unchanged from 2023. Across 2017-2024 the long-run trend was broadly stable.
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 | $167.34B | 343.46M t |
| 2023 | $168.04B | 345.30M t |
| 2022 | $199.77B | 333.15M t |
| 2021 | $133.59B | 313.42M t |
| 2020 | $79.01B | 303.17M t |
| 2019 | $126.97B | 271.62M t |
| 2018 | $157.59B | 308.18M t |
| 2017 | $134.24B | 346.31M t |
Where the United States imports crude oil from
Canada alone supplied 60% of it. Among the main suppliers, Venezuela grew fastest (+70% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇦 Canada | $100.51B | 60% |
| 🇲🇽 Mexico | $12.48B | 7.5% |
| 🇸🇦 Saudi Arabia | $8.35B | 5% |
| 🇻🇪 Venezuela | $5.88B | 3.5% |
| 🇧🇷 Brazil | $5.85B | 3.5% |
| 🇮🇶 Iraq | $5.81B | 3.5% |
| 🇬🇾 Guyana | $5.05B | 3% |
| 🇨🇴 Colombia | $4.63B | 2.8% |
| 🇳🇬 Nigeria | $4.36B | 2.6% |
| 🇦🇷 Argentina | $1.96B | 1.2% |
Average import price of crude oil
The average declared value was about $0.49 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 States also exports crude oil
In 2024, the United States exported crude oil worth $123.93 billion (203.65 million tonnes). It ranks 3rd of 138 countries for exports of this product. Most of it went to Netherlands (13%), South Korea (11%), Canada (9%). Trade is spread widely: the top three buyer markets together make up only 33%. Among the main buyer markets, Germany grew fastest (+40% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇳🇱 Netherlands | $16.38B | 13% |
| 🇰🇷 South Korea | $14.16B | 11% |
| 🇨🇦 Canada | $10.72B | 8.7% |
| 🇬🇧 United Kingdom | $10.23B | 8.3% |
| 🇩🇪 Germany | $8.86B | 7.2% |
| 🇸🇬 Singapore | $7.49B | 6.1% |
| Taiwan | $6.95B | 5.6% |
| 🇫🇷 France | $6.52B | 5.3% |
| 🇪🇸 Spain | $6.19B | 5% |
| 🇨🇳 China | $6.12B | 4.9% |
Who is behind these numbers in the United States?
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 States: questions
What is the value of crude oil imported by the United States?
The United States imported crude oil worth $167.34 billion in 2024 (343.46 million tonnes).
Where does the United States import crude oil from?
The main supplier countries in 2024 were Canada (60%), Mexico (7%), Saudi Arabia (5%).
What is the average import price of crude oil in the United States?
The average declared import value was about $0.49 per kg in 2024, against a world average of $0.54 per kg.
Does the United States export crude oil?
Yes. The United States exported crude oil worth $123.93 billion in 2024, mainly to Netherlands, South Korea, Canada.
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 States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States 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 States
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