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Where does Chile get its crude oil? Import sources 2024

In 2024, Chile imported $4.9 billion of crude oil (8.7 million tonnes), 0.4% of the world total. Its main sources were Brazil (46%), Argentina (43%) and Ecuador (11%). Chile was the world’s 29th-largest importer of crude oil.

Summary

Value
$4.9billion
Tonnes
8.7million tonnes
Share of world total
0.4%
World rank
29th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 4 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Brazil2.3Tonnes: 3,918,752USD per tonne: $57745.7%Sea
Argentina2.1Tonnes: 3,660,608USD per tonne: $58343.2%Land
Ecuador0.55Tonnes: 1,123,970USD per tonne: $49011.1%Sea
United States< 0.01Tonnes: 10USD per tonne: $1,5510%Sea

Trend

Who it buys from

Brazil has been its main source since 2014

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

  • Brazil 2.3
  • Argentina 2.1
  • Ecuador 0.55
  • United States < 0.01

Source: CEPII BACI

Show the numbers
Partner19952024
Brazil02.3
Argentina0.462.1
Ecuador0.10.55
United States< 0.01< 0.01

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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