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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.
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.
India is the second biggest oil importer after China and is highly dependent on imported crude oil. [27] The net imports of crude oil rose from 171.73 Mt during 2011–12 to 226.95 Mt during 2020–21. The net imports of natural gas increased from 18 BCM in 2011–12 to 32.86 BCM in 2020–21, recording a CAGR of 9.44%.
China's top five crude suppliers, Saudi Arabia, Russia, Iraq, Angola, and Brazil, generated nearly 60% of Chinese crude oil imports for 2019. [8] China accounts for 40% of the 2004 oil-consumption increase, and thus is a key part of the cycle which had led to the oil price increase worldwide. [9] China's import dependence remains at 60% as of ...
In February 2022, this amounted to close to two years' worth of net oil imports held in IEA member states' strategic petroleum reserves. [2] The U.S. Strategic Petroleum Reserve has consistently held the largest strategic reserve. [1] [3] Some non-IEA countries have started work on their own strategic petroleum reserves.
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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).