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Where does Brazil get its crude oil? Import sources 2024

In 2024, Brazil imported $8.8 billion of crude oil (14.2 million tonnes), 0.7% of the world total. Its main sources were Saudi Arabia (22%), the United States (17%) and Angola (10%). Brazil was the world’s 23rd-largest importer of crude oil.

Summary

Value
$8.8billion
Tonnes
14.2million tonnes
Share of world total
0.7%
World rank
23rd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Saudi Arabia2Tonnes: 3,187,637USD per tonne: $61722.3%Sea
United States1.5Tonnes: 2,274,270USD per tonne: $66317.1%Sea
Angola0.91Tonnes: 1,657,052USD per tonne: $54810.3%Sea
Guyana0.85Tonnes: 1,454,926USD per tonne: $5859.7%Land
Algeria0.76Tonnes: 1,049,808USD per tonne: $7258.6%Sea
Gabon0.73Tonnes: 1,176,755USD per tonne: $6208.3%Sea
Argentina0.52Tonnes: 838,362USD per tonne: $6205.9%Land
Ghana0.41Tonnes: 648,079USD per tonne: $6314.6%Sea
Nigeria0.4Tonnes: 606,619USD per tonne: $6554.5%Sea
France0.16Tonnes: 244,219USD per tonne: $6431.8%Sea
Peru0.13Tonnes: 390,610USD per tonne: $3311.5%Land
Republic of the Congo0.1Tonnes: 129,462USD per tonne: $7551.1%Sea
United Kingdom0.09Tonnes: 127,388USD per tonne: $7101%Sea
Côte d'Ivoire0.09Tonnes: 143,663USD per tonne: $6261%Sea
Russia0.08Tonnes: 106,302USD per tonne: $7290.88%Sea
Democratic Republic of the Congo0.07Tonnes: 124,536USD per tonne: $5550.78%Sea
Malta0.03Tonnes: 36,554USD per tonne: $7660.32%Sea
Netherlands re-exports0.03Tonnes: 30,614USD per tonne: $8650.3%Sea
South Africa0.01Tonnes: 8,356USD per tonne: $7220.07%Sea
Bolivia< 0.01Tonnes: 3,037USD per tonne: $5150.02%Land

Trend

Who it buys from

Saudi Arabia has been its main source since 2008

Value in USD billions. The five largest sources in 2024.

  • Saudi Arabia 2
  • United States 1.5
  • Angola 0.91
  • Guyana 0.85
  • Algeria 0.76

Source: CEPII BACI

Show the numbers
Partner19952024
Saudi Arabia0.952
United States0.071.5
Angola0.020.91
Guyana00.85
Algeria0.130.76

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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