China Imports from Canada of Crude Oil was US$4.74 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Imports from Canada of Crude Oil - data, historical chart and statistics - was last updated on December of 2025.

China Import Price: Crude Oil: North America: Canada data was reported at 491.111 USD/Ton in Mar 2025. This records a decrease from the previous number of 502.688 USD/Ton for Feb 2025. China Import Price: Crude Oil: North America: Canada data is updated monthly, averaging 496.292 USD/Ton from May 2008 (Median) to Mar 2025, with 132 observations. The data reached an all-time high of 40,000.000 USD/Ton in Nov 2017 and a record low of 198.927 USD/Ton in Apr 2020. China Import Price: Crude Oil: North America: Canada data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s Price – Table CN.PH: Crude Oil Import and Export Price.

Canada Exports of crude oil to China was US$1.73 Billion during 2024, according to the United Nations COMTRADE database on international trade. Canada Exports of crude oil to China - data, historical chart and statistics - was last updated on December of 2025.

Canada Imports from China of Crude Oil was US$327 during 2024, according to the United Nations COMTRADE database on international trade. Canada Imports from China of Crude Oil - data, historical chart and statistics - was last updated on November of 2025.

In September 2025, the average monthly price of the Canadian oil benchmark Western Canadian Select amounted to ******U.S. dollars per barrel. This was a slight decrease compared to the previous month. Western Canadian Select is a heavy sour blend of crude oil, produced exclusively in Western Canada. The importance of Canada’s oil sands Not only are the oil sands a vital part of the Canadian energy industry, they play a large part in the national economy as well. In 2024, the oil sands extraction industry contributed nearly 40 billion Canadian dollars to Canada's GDP. This represented a share of **** percent of the total GDP. Furthermore, they are the largest single source of oil exports to their neighbors to the south, the United States. Oil sands are a combination of sand, water, and bitumen, and therefore a more expensive source of crude oil than conventional oil as oil sands require extensive processing. Meanwhile, that same year the contribution of conventional crude oil and gas extraction stood at **** billion Canadian dollars, which translated to **** percent of total GDP. Canada’s main oil export partner remains the U.S. In 2024, Canada’s oil exports amounted to over *** million barrels per day. This was a historical high and represented more than twice the amount exported in 2005 thanks to oil sand exploration. The United States is Canada’s main oil destination market, receiving *** million metric tons in 2024. Far in second place came China, with *** million metric tons exported there that same year.

The majority of the crude oil exported from Canada goes to the United States. In 2024, the U.S. received more than 203 million metric tons of oil from Canada, while Europe received 5.9 million metric tons.

China Export: Crude Petroleum Oil: North America: Canada data was reported at 0.000 USD th in Mar 2018. This stayed constant from the previous number of 0.000 USD th for Feb 2018. China Export: Crude Petroleum Oil: North America: Canada data is updated monthly, averaging 0.000 USD th from Jan 2008 (Median) to Mar 2018, with 123 observations. China Export: Crude Petroleum Oil: North America: Canada data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JL: Export by Country: Crude Petroleum Oil: Value.

China Imports from Canada of Petroleum Oils, Oils Obtained from Bituminous Minerals was US$21.59 Million during 2024, according to the United Nations COMTRADE database on international trade. China Imports from Canada of Petroleum Oils, Oils Obtained from Bituminous Minerals - data, historical chart and statistics - was last updated on November of 2025.

Canada Exports of petroleum oils, oils obtained from bituminous minerals to China was US$11.78 Million during 2024, according to the United Nations COMTRADE database on international trade. Canada Exports of petroleum oils, oils obtained from bituminous minerals to China - data, historical chart and statistics - was last updated on November of 2025.

In 2024, Canada exported about *****million barrels of oil per day, an increase of nearly ****percent in comparison to the previous year and the highest recorded value within the period of consideration.

Learn about the leading crude oil producing countries, including Saudi Arabia, the United States, Russia, Canada, and China. Discover their production capacities, reserves, and impact on global oil prices.

CONTENT

Oil generates revenue for countries with enough oil reserves to produce more oil than they consume. And for those economies that are heavily dependent on imports, oil expenditures must be factored into national budgets. Not surprisingly, events such as unrest in oil-producing regions, new oil field discoveries, and advances in extraction technology profoundly affect the oil industry. Most of the time, the top oil-producing countries in the world rake in a lot of profit from oil production.

• Despite continuing growth in renewable energy, oil production continues to play a key role in the global economy.
• The top producing nations (identified by the EIA) in 2022 were the U.S., Saudi Arabia, Russia, China, and Canada.
• The United States became the world's top petroleum liquids producer in 2013 and today is the world's top crude producer.
• China's production meets just over a third of its oil consumption. leaving it the world's largest petroleum importer.

Crude oil production by country: United States, Saudi Arabia, Russia, Canada, China, Iraq, Iran, United Arab Emirates, and other significant contributors. Factors affecting production include market dynamics, geopolitics, and technological advancements.

Snapshot img { margin: 10px !important; } Crude Oil Desalter Market Size 2025-2029

The crude oil desalter market size is forecast to increase by USD 92.9 million, at a CAGR of 6.3% between 2024 and 2029.

The global crude oil desalter market is fundamentally shaped by the industry's shift toward processing heavier, more contaminated crude oil. This necessitates advanced desalting technology capable of breaking stable water-in-oil emulsions and preventing downstream corrosion and catalyst poisoning. The financial risks associated with equipment damage from inadequate treatment make investment in high-performance electrostatic coalescers and multi-stage desalting systems a strategic priority. This driver underpins demand in the high-pressure oil and gas separator market and for systems handling diverse petroleum liquid feedstock. Concurrently, digitalization and advanced process control are transforming desalter operations. The implementation of IIoT sensors and AI algorithms enables real-time optimization, turning desalters into intelligent assets for margin improvement and operational excellence in crude oil processing.However, the capital-intensive nature of desalting units remains a significant challenge, as budgetary constraints in a volatile macroeconomic climate can lead to the deferral of crucial infrastructure upgrades. This market dynamic forces providers to demonstrate rapid payback periods for their technologies. In the context of the enhanced oil recovery market, where produced fluids are more complex, the need for effective separation is even more critical. Efficient oil and gas separators are indispensable for ensuring that crude oil meets quality specifications for transport and refining, thereby safeguarding downstream assets and maintaining operational continuity. These factors create a complex but opportunity-rich environment for technological innovation and strategic investment in the sector.

What will be the Size of the Crude Oil Desalter Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019 - 2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market's operational landscape is increasingly defined by the need for advanced desalting technology capable of managing difficult water-in-oil emulsions. As the industry turns to enhanced oil recovery market techniques, the resulting crude streams present unique separation challenges, necessitating innovation in both electrostatic coalescers and chemical demulsifier programs. This evolution is critical for maintaining throughput and protecting downstream assets like hydrotreating catalysts. The push for greater efficiency in the high-pressure oil and gas separator market is directly influencing desalter design and integration.Simultaneously, a focus on sustainability is reshaping system design, with an emphasis on integrated water management and hydrocarbon recovery from waste streams. The development of modular desalter systems and compact skid systems addresses the need for flexible, scalable solutions in both brownfield refinery expansions and new offshore production platforms. This trend is crucial for optimizing capital expenditure and reducing installation timelines, making advanced desalting more accessible for a wider range of applications in the broader oil and gas separators industry.

How is this Crude Oil Desalter Industry segmented?

The crude oil desalter industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments. ProductMulti-stage desalterSingle-stage desalterTypeElectrostatic dehydratorDesalting processApplicationRefineriesOil and gas productionPetrochemical plantsGeographyAPACChinaJapanIndiaAustraliaSouth KoreaIndonesiaNorth AmericaUSCanadaMexicoEuropeRussiaUKFranceItalyThe NetherlandsSpainMiddle East and AfricaUAESouth AfricaTurkeySouth AmericaBrazilArgentinaColombiaRest of World (ROW)

By Product Insights

The multi-stage desalter segment is estimated to witness significant growth during the forecast period.Multi-stage desalter systems represent a critical technology for refineries processing heavy, opportunity crudes characterized by high concentrations of salts, sediments, and metals. Unlike single-stage units, these systems use a series of vessels in a counter-current flow arrangement to achieve a significantly higher degree of contaminant removal. This configuration is essential for breaking the stable water-in-oil emulsions common in heavier feedstocks. With regional expansion rates often exceeding 7%, the adoption of this technology is a direct response to global crude supply trends.The investment in multi-stage desalters is justified as a crucial safeguard for downstream operations. By ensuring ultra-low salt conten

Crude oil production by country is a crucial indicator of energy industry and economic strength. This article explores the daily crude oil production of the top countries, including the United States, Saudi Arabia, Russia, Canada, China, Iraq, Iran, United Arab Emirates, Brazil, and Kuwait. It also mentions other significant oil-producing countries and factors that can affect production figures.

China Imports from Canada of Turpentine Oil, Other Terpenic Oils, Dipentene, Para-cymene, Pin-oil was US$86 during 2024, according to the United Nations COMTRADE database on international trade. China Imports from Canada of Turpentine Oil, Other Terpenic Oils, Dipentene, Para-cymene, Pin-oil - data, historical chart and statistics - was last updated on November of 2025.

Operating-Income Time Series for Cenovus Energy Inc. Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The company develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. Its oil sand assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. It also holds natural gas liquids and natural gas assets located in Alberta, British Columbia, and Northern Corridor, as well as interests in various natural gas processing facilities. In addition, the company is involved in offshore operation, exploration, and development activities; owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants; and refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

Canada Imports from China of Petroleum Oils, Oils Obtained from Bituminous Minerals was US$121.25 Million during 2024, according to the United Nations COMTRADE database on international trade. Canada Imports from China of Petroleum Oils, Oils Obtained from Bituminous Minerals - data, historical chart and statistics - was last updated on December of 2025.

Snapshot img

Drag Reducing Agent Market Size 2024-2028

The drag reducing agent market size is valued to increase by USD 93.1 million, at a CAGR of 5.97% from 2023 to 2028. Increasing application of drag reducing agents in oil and gas industry will drive the drag reducing agent market.

Major Market Trends & Insights

Middle East and Africa dominated the market and accounted for a 40% growth during the forecast period.
By Application - Crude oil segment was valued at USD 141.00 million in 2022
By Product - Polymer segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 54.21 million
Market Future Opportunities: USD 93.10 million
CAGR from 2023 to 2028 : 5.97%

Market Summary

The global market for drag reducing agents (DRAs) is witnessing significant growth due to the increasing demand for enhanced oil recovery (EOR) techniques and the need for operational efficiency in the oil and gas industry. DRAs are chemicals used to reduce the drag force acting on production tubing, allowing for increased flow rates and reduced energy consumption. One notable trend in the market is the emergence of bio-based drag-reducing polymers, which offer several advantages over traditional DRAs derived from fossil fuels. These eco-friendly alternatives not only reduce the environmental impact of oil production but also offer improved performance in terms of viscosity reduction and shear stability.
Another technological advancement driving the market is the application of nanotechnology and biotechnology in DRA formulations. These innovations enable the production of DRAs with enhanced properties, such as improved stability, longer shelf life, and increased effectiveness at low concentrations. For instance, a major oil and gas company was able to optimize its supply chain by implementing a DRA solution that reduced the need for frequent pipeline maintenance, resulting in significant cost savings and increased operational efficiency. Specifically, the implementation of this solution led to a 15% reduction in energy consumption and a 12% increase in throughput.
In conclusion, the global drag reducing agents market is poised for continued growth, driven by the increasing demand for EOR techniques and the need for operational efficiency in the oil and gas industry. The emergence of bio-based DRAs and the application of nanotechnology and biotechnology offer significant opportunities for innovation and performance improvement.

What will be the Size of the Drag Reducing Agent Market during the forecast period?

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How is the Drag Reducing Agent Market Segmented ?

The drag reducing agent industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Crude oil
  Chemical transportation
  Others


Product

  Polymer
  Surfactant
  Others


Geography

  North America

    US
    Canada


  APAC

    China


  Rest of World (ROW)

By Application Insights

The crude oil segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving the market, these additives play a pivotal role in enhancing the performance of various industrial fluids. By modifying the rheological properties of fluids, they significantly improve flow efficiency and reduce energy consumption. For instance, in the context of crude oil pipelines, where turbulent flow is prevalent, these agents can reduce drag by up to 30% through boundary layer modification and friction reduction. Hydrodynamic simulations and experimental validation techniques are employed to optimize concentration and ensure additive compatibility. Long-chain polymers, such as polyacrylamide solutions and elastomeric additives, are commonly used for their drag reduction efficiency. Turbulence control additives, like friction reduction polymers, impact flow velocity and influence the Reynolds number.

Numerical analysis methods and pressure drop reduction techniques are integral to the design and implementation of polymer injection systems. Despite their benefits, challenges persist, including polymer degradation effects and wettability alteration. Nevertheless, the potential for energy savings and pumping power reduction continues to drive innovation in this field.

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The Crude oil segment was valued at USD 141.00 million in 2018 and showed a gradual increase during the forecast period.

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Regional Analysis

Middle East and Africa is estimated to contribute 40% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the mark