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Who buys Canada’s crude oil? Export destinations 2024

In 2024, Canada exported $108.5 billion of crude oil (217.5 million tonnes), 8.3% of the world total. The United States bought 94% of the total, followed by China (2%) and the Netherlands (0.9%). Canada was the world’s 5th-largest exporter of crude oil.

Summary

Value
$108.5billion
Tonnes
217.5million tonnes
Share of world total
8.3%
World rank
5th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States102Tonnes: 205,343,265USD per tonne: $49894.3%Land
China1.7Tonnes: 4,793,483USD per tonne: $3601.6%Sea
Netherlands re-exports0.92Tonnes: 1,492,089USD per tonne: $6190.85%Sea
India0.71Tonnes: 867,579USD per tonne: $8130.65%Sea
Spain0.7Tonnes: 1,125,928USD per tonne: $6220.65%Sea
United Kingdom0.58Tonnes: 949,767USD per tonne: $6060.53%Sea
Germany0.48Tonnes: 862,001USD per tonne: $5520.44%Sea
Singapore re-exports0.41Tonnes: 733,252USD per tonne: $5550.38%Sea
Hong Kong re-exports0.31Tonnes: 551,085USD per tonne: $5550.28%Sea
France0.21Tonnes: 356,406USD per tonne: $5860.19%Sea
South Korea0.09Tonnes: 175,660USD per tonne: $5380.09%Sea
Romania0.05Tonnes: 96,628USD per tonne: $5070.05%Sea
Brunei0.04Tonnes: 80,606USD per tonne: $4620.03%Sea
Japan0.02Tonnes: 38,984USD per tonne: $4590.02%Sea
Slovakia< 0.01Tonnes: 0USD per tonne: $10,2770%Sea
Namibia< 0.01Tonnes: —USD per tonne: —0%Sea
Indonesia< 0.01Tonnes: 0USD per tonne: $39,5330%Sea
Peru< 0.01Tonnes: 0USD per tonne: $11,4710%Sea
Belgium re-exports< 0.01Tonnes: 0USD per tonne: $15,1430%Sea
Angola< 0.01Tonnes: 0USD per tonne: $36,0000%Sea

Trend

Who it sells to

The United States was its main destination throughout the period

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

  • United States 102
  • China 1.7
  • Netherlands 0.92
  • India 0.71
  • Spain 0.7

Source: CEPII BACI

Show the numbers
Partner19952024
United States6.7102
China01.7
Netherlands0.020.92
India00.71
Spain00.7

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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