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Where does the United States get its crude oil? Import sources 2024

In 2024, the United States imported $169.7 billion of crude oil (337.6 million tonnes), 13% of the world total. Canada sold 60% of the total, followed by Mexico (7%) and Saudi Arabia (5%). The United States was the world’s 2nd-largest importer of crude oil.

Summary

Value
$169.7billion
Tonnes
337.6million tonnes
Share of world total
13%
World rank
2nd
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
Canada102Tonnes: 205,343,265USD per tonne: $49860.3%Land
Mexico12.5Tonnes: 26,496,536USD per tonne: $4717.4%Land
Saudi Arabia8.4Tonnes: 15,604,927USD per tonne: $5354.9%Sea
Brazil6.2Tonnes: 12,233,599USD per tonne: $5093.7%Sea
Venezuela5.9Tonnes: 13,157,410USD per tonne: $4473.5%Sea
Iraq5.8Tonnes: 11,211,291USD per tonne: $5183.4%Sea
Guyana5Tonnes: 8,405,431USD per tonne: $5953%Sea
Colombia4.9Tonnes: 9,959,964USD per tonne: $4962.9%Sea
Nigeria4.5Tonnes: 8,068,934USD per tonne: $5522.6%Sea
Argentina1.8Tonnes: 3,423,120USD per tonne: $5381.1%Sea
Angola1.6Tonnes: 2,800,223USD per tonne: $5720.94%Sea
United Kingdom1.5Tonnes: 2,856,302USD per tonne: $5370.9%Sea
Libya1.5Tonnes: 2,701,943USD per tonne: $5520.88%Sea
Ecuador1.5Tonnes: 3,761,571USD per tonne: $3860.86%Sea
Trinidad and Tobago1.4Tonnes: 2,699,214USD per tonne: $5300.84%Sea
United Arab Emirates1.2Tonnes: 2,262,157USD per tonne: $5320.71%Sea
Kazakhstan1.1Tonnes: 1,873,831USD per tonne: $6100.67%Sea
Ghana0.77Tonnes: 1,433,950USD per tonne: $5350.45%Sea
Kuwait0.64Tonnes: 1,244,929USD per tonne: $5140.38%Sea
Algeria0.33Tonnes: 628,393USD per tonne: $5320.2%Sea

Trend

Who it buys from

Canada has been its main source since 2006

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

  • Canada 102
  • Mexico 12.5
  • Saudi Arabia 8.4
  • Brazil 6.2
  • Venezuela 5.9

Source: CEPII BACI

Show the numbers
Partner19952024
Canada6.7102
Mexico5.612.5
Saudi Arabia7.98.4
Brazil0.016.2
Venezuela6.25.9

Sources and methodology

Other products of this country

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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