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By 1993, internal demand for oil exceeded domestic production, and China became a net oil importer. [10] China became dependent on imported oil for the first time in its history in 1993 due to demand rising faster than domestic production. [4] In 2006, it imported 145 million tons of crude oil, accounting for 47% of its total oil consumption.
Trends in the top five crude oil-importing countries, 1960–2012. This is a list of countries by oil imports based on The World Factbook and other sources. [1] Many countries also export oil, and some export more oil than they import.
A map of world oil production (2013) Oil-producing countries (information from 2006 to 2012) This article includes a chart representing proven reserves, production, consumption, exports and imports of oil by country.
This is a list of countries by net oil exports in barrels per day based on The World Factbook [1] and other sources. [2] "Net export" refers to the export minus the import. Note that the net export is approximate, since the import and export data are generally not for same year (though year-to-year changes are generally small).
The excess is largely being driven by a weakening economy in China. Demand for oil in the world's second-largest economy contracted for six straight months in a row as of September, IEA data shows ...
In March, crude oil imports were about 7.6 million barrels per day, while products imports came to about 1.8 million barrels per day. ... The chart below shows the five-year production history of ...
Other major exporters of petroleum in that year included the United States, Canada and United Arab Emirates. In 2022, Saudi Arabia also had the largest oil export value in US dollar terms by far. Many of these countries also import oil, and some import more oil than they export, this is known as an oil export deficit.
25% of worldwide primary production is used for conversion and transport, and 6% for non-energy products like lubricants, asphalt and petrochemicals. [21] In 2019 TES was 606 EJ and final consumption was 418 EJ, 69% of TES. [22] Most of the energy lost by conversion occurs in thermal electricity plants and the energy industry own use.