Is the US a bigger oil importer or exporter?
The US has been exporting more oil and petroleum products than it imports since August 2021.
In 2024, the US exported more crude oil and petroleum products than it imported.
Petroleum and petroleum product exports totaled about 10.71 million barrels per day, while imports were about 8.44 million barrels a day. That’s a -2.3 million barrel a day difference.
Crude oil is a fossil fuel that can be refined into petroleum products such as jet fuel and gasoline. The US used to consistently import more petroleum and crude oil than it exported. But exports exceeded imports starting in October 2019. It’s been a net exporter in all but seven months since then.
In 2025, the US exported 33% more oil than it imported.
US imports and exports of crude oil and petroleum products in barrels, January 1981–October 2025
Crude oil comprised 78% of US imports, and petroleum products were the largest export, at 62% in 2024.
Who gets US petroleum exports?
In 2024, the top five countries receiving US petroleum and crude oil exports were:
- Mexico (11%)
- The Netherlands (10%)
- China (8%)
- Canada (8%)
- South Korea (7%)
The remaining 56% was exported to 141 other geographies.
1 out of every 5 barrels of oil and petroleum exports went to Mexico or the Netherlands.
US exports of crude oil and petroleum products by geography in barrels, 2024
Of all petroleum exports, 38% was crude oil, and 62% was petroleum products.
Explore US exports of crude oil and petroleum products in 2024.
Where does the US import petroleum from?
Of the petroleum and crude oil that the US imported in 2024, 73% was from five countries:
- Canada (55%)
- Mexico (7%)
- Saudi Arabia (4%)
- Brazil (3%)
- Iraq (3%)
The remaining 27% came from 63 other countries, territories, or other areas of special sovereignty.
In 2024, 63% of crude oil and petroleum imports came from Canada and Mexico.
US imports of crude oil and petroleum products by geography in barrels, 2024
Of all oil and petroleum imports, 78% was crude oil, and 22% were petroleum products, such as hydrocarbon gas liquids, liquefied petroleum gases, fuel ethanol, biofuels, kerosene, and others.
Explore US imports of crude oil and petroleum products in 2024.
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