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Where does Italy get its crude oil? Import sources 2024

In 2024, Italy imported $33.1 billion of crude oil (63.1 million tonnes), 2.5% of the world total. Its main sources were Libya (21%), Kazakhstan (20%) and Azerbaijan (15%). Italy was the world’s 9th-largest importer of crude oil.

Summary

Value
$33.1billion
Tonnes
63.1million tonnes
Share of world total
2.5%
World rank
9th
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
Libya6.8Tonnes: 11,343,400USD per tonne: $60220.6%Sea
Kazakhstan6.5Tonnes: 15,376,776USD per tonne: $42219.6%Sea
Azerbaijan5.1Tonnes: 10,235,623USD per tonne: $49515.3%Sea
United States2.8Tonnes: 4,691,221USD per tonne: $6018.5%Sea
Iraq2.4Tonnes: 4,400,370USD per tonne: $5507.3%Sea
Saudi Arabia2.1Tonnes: 3,573,950USD per tonne: $5846.3%Sea
Nigeria1.9Tonnes: 3,614,625USD per tonne: $5375.9%Sea
Norway0.86Tonnes: 1,547,971USD per tonne: $5562.6%Sea
Algeria0.63Tonnes: 1,018,480USD per tonne: $6161.9%Sea
Angola0.5Tonnes: 915,505USD per tonne: $5431.5%Sea
Mexico0.36Tonnes: 652,472USD per tonne: $5461.1%Sea
United Kingdom0.36Tonnes: 586,996USD per tonne: $6071.1%Sea
Cameroon0.32Tonnes: 570,781USD per tonne: $5650.97%Sea
Ghana0.31Tonnes: 509,614USD per tonne: $5990.92%Sea
Brazil0.3Tonnes: 626,243USD per tonne: $4770.9%Sea
Gabon0.29Tonnes: 495,411USD per tonne: $5900.88%Sea
Sudan0.27Tonnes: 488,001USD per tonne: $5600.83%Sea
Equatorial Guinea0.24Tonnes: 407,522USD per tonne: $5970.73%Sea
Venezuela0.16Tonnes: 352,086USD per tonne: $4670.5%Sea
Guyana0.16Tonnes: 347,186USD per tonne: $4460.47%Sea

Trend

Who it buys from

Libya has been its main source since 2024

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

  • Libya 6.8
  • Kazakhstan 6.5
  • Azerbaijan 5.1
  • United States 2.8
  • Iraq 2.4

Source: CEPII BACI

Show the numbers
Partner19952024
Libya3.16.8
Kazakhstan0.016.5
Azerbaijan05.1
United States< 0.012.8
Iraq02.4

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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