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.

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.

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.

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.

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.

China Export hs: Canada: Animal or Vegetable Fat & Oil & their Cleavage Product; Prepared Edible Fat; Animal or Vegetable Wax data was reported at 1.187 USD mn in Oct 2018. This records an increase from the previous number of 1.119 USD mn for Sep 2018. China Export hs: Canada: Animal or Vegetable Fat & Oil & their Cleavage Product; Prepared Edible Fat; Animal or Vegetable Wax data is updated monthly, averaging 0.671 USD mn from Jan 2001 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 7.600 USD mn in Oct 2015 and a record low of 0.004 USD mn in Jun 2002. China Export hs: Canada: Animal or Vegetable Fat & Oil & their Cleavage Product; Prepared Edible Fat; Animal or Vegetable Wax 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.JA: USD: Trade by HS Classification: North America: Canada.

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.

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.

China Import hs: Canada: MP: Mineral Fuel, Oil & Product of Their Distillation; Bituminous Substance; Mineral Wax data was reported at 140.575 USD mn in Oct 2018. This records an increase from the previous number of 120.136 USD mn for Sep 2018. China Import hs: Canada: MP: Mineral Fuel, Oil & Product of Their Distillation; Bituminous Substance; Mineral Wax data is updated monthly, averaging 7.368 USD mn from Jan 1993 (Median) to Oct 2018, with 310 observations. The data reached an all-time high of 293.208 USD mn in Apr 2013 and a record low of 0.000 USD mn in Jan 1994. China Import hs: Canada: MP: Mineral Fuel, Oil & Product of Their Distillation; Bituminous Substance; Mineral Wax data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under Global Database’s China – Table CN.JA: USD: Trade by HS Classification: North America: Canada.

China Imports from Canada of Olive oil and its fractions, not chemically modified was US$12.85 Thousand during 2024, according to the United Nations COMTRADE database on international trade. China Imports from Canada of Olive oil and its fractions, not chemically modified - data, historical chart and statistics - was last updated on November of 2025.

China Import: Petroleum Product: North America: Canada data was reported at 1,149.969 Ton in Mar 2018. This records an increase from the previous number of 1,056.164 Ton for Feb 2018. China Import: Petroleum Product: North America: Canada data is updated monthly, averaging 769.018 Ton from Jan 2008 (Median) to Mar 2018, with 123 observations. The data reached an all-time high of 5,035.810 Ton in Aug 2011 and a record low of 236.170 Ton in May 2009. China Import: Petroleum Product: 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: Import by Country: Refined Petroleum Product: Quantity.

China Imports from Canada of Bitumen and Asphalt (Natural), Bituminous or Oil Shale, Tar Sands was US$9.95 Million during 2024, according to the United Nations COMTRADE database on international trade.

China’s National Oil Companies (NOCs) have been increasing investments in unconventional oil and gas projects in the US and Canada since 2009. So far, China’s NOCs have made a total investment of about $12.4 billion in North America’s unconventional oil and gas projects. The investments are driven by China’s will to gain energy security amidst its increasing dependence on oil and gas imports. Besides this, Chinese companies are also striving to gain the technology needed to develop their domestic unconventional oil and gas resources. Read More

Historical oil production by country refers to the amount of oil produced by different countries over time. This article provides insights into the oil production of key countries such as the United States, Russia, Saudi Arabia, China, Canada, Iraq, Iran, Venezuela, Norway, and the United Arab Emirates. It discusses the significance of oil production as an indicator of a country's energy resources and its economic and geopolitical implications. The article also highlights the factors influencing oil pr

China Export: LPG & Other Gaseous: 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: LPG & Other Gaseous: North America: Canada data is updated monthly, averaging 0.000 USD th from Jan 2008 (Median) to Mar 2018, with 123 observations. China Export: LPG & Other Gaseous: 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: Liquefied Petroleum Gases and Other Gaseous Hydrocarbon: Value.

China Imports from Canada of Olive-residue oil and blends not chemically modified was US$2.96 Thousand during 2019, according to the United Nations COMTRADE database on international trade. China Imports from Canada of Olive-residue oil and blends not chemically modified - data, historical chart and statistics - was last updated on November of 2025.

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Enhanced Oil Recovery Market Size 2024-2028

The enhanced oil recovery market size is forecast to increase by USD 23.81 billion at a CAGR of 8.51% between 2023 and 2028.

The Enhanced Oil Recovery (EOR) market is experiencing significant growth due to the exploration of unconventional resources and increasing R&D investments. EOR technologies are essential for extracting oil from reservoirs that cannot be recovered through conventional methods. One of the primary drivers is the application of advanced technologies, such as CO2 injection, in the Permian Basin, which has led to the extraction of crude oil from reservoirs previously considered uneconomical. However, the implementation of these technologies comes with environmental risks, which are a major challenge for market growth. The thermal segment, which includes thermal EOR techniques, is expected to grow due to the high oil viscosity and mobility ratio of heavy oil reservoirs. To mitigate these risks, companies are focusing on developing eco-friendly EOR methods. Additionally, the high capital requirements and operational complexities associated with EOR technologies are also hindering market growth. Nevertheless, the potential for increased oil production and the depletion of conventional oil reserves are driving market demand. The market is expected to witness steady growth In the coming years, with a focus on innovation and sustainability.

What will be the Size of the Enhanced Oil Recovery Market During the Forecast Period?

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The Enhanced Oil Recovery (EOR) market is experiencing significant growth due to the increasing focus on maximizing production from mature oil fields. With the depletion of conventional oil reserves, the global energy landscape is shifting towards tertiary oil recovery methods. EOR technologies, including thermal, gas, and chemical injection techniques, are increasingly being adopted to extract heavy oil and hydrocarbons from reservoirs with poor permeability. Mature oilfields, which account for a substantial portion of global oil reserves, are particularly benefiting from these advanced recovery methods. Thermal EOR techniques, such as steam injection, are effective in extracting heavy oil from reservoirs. Gas injection, including carbon dioxide and natural gas, is another popular method for improving oil recovery. Chemical injection, which involves the use of solvents, surfactants, and other chemicals, is also gaining traction In the market. With the depletion of conventional oil reserves, focus is shifting towards tertiary oil recovery methods to extract hydrocarbons from aged wells and oilfields.
Furthermore, the ongoing construction of LNG projects and the shift towards renewable energy sources are expected to provide opportunities for growth In the EOR market. Despite these opportunities, challenges such as high capital costs and operational complexities remain. The use of EOR technologies is becoming increasingly important as the world moves towards LNG project constructions and the transition towards renewable energy sources. The market is expected to continue its growth trajectory, driven by the need to extract hard-to-reach hydrocarbons and maximize production from aging oil reservoirs. Primary and secondary recovery methods, while effective In their own right, are no longer sufficient to meet the world's increasing energy demands. EOR technologies offer a viable solution for extracting oil from reservoirs that were once thought to be depleted. The future of the oil and gas industry lies In the adoption of these advanced recovery methods.

How is this Enhanced Oil Recovery Industry segmented and which is the largest segment?

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

Technology

  Thermal injection
  Gas injection
  Chemical injection
  Others


Geography

  North America

    Canada
    US


  Europe

    UK
    Norway


  APAC

    China


  Middle East and Africa



  South America

By Technology Insights

The thermal injection segment is estimated to witness significant growth during the forecast period.

Thermal Enhanced Oil Recovery (EOR) is a technique used to extract heavy and viscous crude oil from mature fields with poor permeability. This process employs thermal methods, including steam and in situ combustion, to inject heat into the reservoir. The heat reduces oil viscosity and enhances mobility, enabling the recovery of crude oil from aged wells and unconventional resources, such as shale reserves and tar sand. Thermal EOR technologies, including steam injection and thermal injection, are commonly used In the oil industry for tertiary oil recovery. These methods involve the injec

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.

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Oil And Gas Pipeline Monitoring Equipment Market Size 2025-2029

The oil and gas pipeline monitoring equipment market size is valued to increase by USD 1.16 billion, at a CAGR of 4.6% from 2024 to 2029. Increasing preference for pipeline transportation will drive the oil and gas pipeline monitoring equipment market.

Market Insights

North America dominated the market and accounted for a 38% growth during the 2025-2029.
By Product - Hardware components segment was valued at USD 2.46 billion in 2023
By Type - Vibration monitoring segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 45.79 million 
Market Future Opportunities 2024: USD 1162.20 million
CAGR from 2024 to 2029 : 4.6%

Market Summary

The market is witnessing significant growth due to the increasing preference for pipeline transportation as a cost-effective and efficient method for crude oil and natural gas transportation. Technological advances in pipeline inspection tools and techniques are driving market expansion. These innovations enable real-time monitoring, predictive maintenance, and early detection of potential issues, leading to improved operational efficiency and reduced downtime. For instance, the implementation of intelligent pigging technology has resulted in uptime improvements of up to 15%. Moreover, the volatility in crude oil prices necessitates the need for pipeline operators to optimize their supply chains and ensure regulatory compliance.
Pipeline monitoring equipment plays a crucial role in this regard by providing real-time data on pipeline performance, enabling proactive decision-making and reducing the risk of costly downtime or regulatory fines. A leading pipeline operator in the Middle East, for example, reported error rates reduced by 20% after implementing advanced monitoring systems, leading to substantial cost savings and improved customer satisfaction. Despite these opportunities, the market faces challenges such as high initial investment costs and the need for skilled labor to operate and maintain the equipment. Nevertheless, the long-term benefits, including increased safety, operational efficiency, and regulatory compliance, make pipeline monitoring equipment an essential investment for pipeline operators worldwide.

What will be the size of the Oil And Gas Pipeline Monitoring Equipment Market during the forecast period?

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The market is a dynamic and ever-evolving industry, driven by the increasing demand for enhanced pipeline safety, efficiency, and compliance with regulatory standards. According to recent studies, the pipeline throughput increase is leading to a significant focus on pipeline automation design, with valve operation monitoring, pressure sensor calibration, and pipeline risk management becoming essential components. For instance, pipeline automation can reduce human error, improve flow measurement accuracy, and enable real-time data analytics, which are critical for effective pipeline management. Moreover, the importance of pipeline integrity is increasingly recognized, with a focus on corrosion prevention methods, pipeline integrity metrics, and pipeline control algorithms.
For example, corrosion rate monitoring using acoustic signal processing and anomaly detection algorithms can help predict failure rates, enabling proactive maintenance scheduling optimization and reducing the risk of costly pipeline failures. The adoption of advanced technologies such as pipeline simulation software, infrared thermography, and SCADA data integration is also on the rise. These technologies enable pipeline operators to make informed decisions on pipeline safety standards, pipeline control algorithms, and pipeline integrity metrics, ultimately contributing to increased pipeline efficiency and cost savings. In summary, the market is witnessing significant growth, driven by the need for enhanced pipeline safety, efficiency, and regulatory compliance.
The adoption of advanced technologies and pipeline automation is becoming increasingly important, with a focus on pipeline integrity and real-time data analytics. For instance, the use of pipeline simulation software and infrared thermography can help reduce pipeline failure rates and improve pipeline efficiency, contributing to significant cost savings for pipeline operators.

Unpacking the Oil And Gas Pipeline Monitoring Equipment Market Landscape

The market encompasses a range of technologies designed to ensure pipeline integrity and safety. Leak detection technology and pipeline pressure sensors play crucial roles in identifying potential issues, with leak detection systems reducing the average time to detect leaks by 50%, and pressure sensors enabling real-time pressure monitoring for proactive maintenance. Integrity management systems, including corrosion