The United States imported 2.37 billion barrels of crude oil from other countries. It was the first time since 2017 that figures had increased. The peak was recorded in 2005, at nearly 3.7 billion barrels.
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Key information about United States Crude Oil: Imports
The U.S. has consistently been the largest oil market in the world for over a century, and the vast majority of oil produced has been for its domestic market. However, the domestic supply has rarely been able to meet domestic demand, and foreign oil prices are often lower (even after taxes and shipping), therefore large quantities of oil have had to be imported from overseas. Apart from the period surrounding the World Wars and Great Depression, the U.S., has been a net importer of oil for over a century, even prohibiting the majority of its crude oil from being exported between 1975 and 2015. However, thanks to the discovery of new oil reserves, new technologies, and developments in the unconventional oil industry (such as fracking, horizontal drilling, or shale refinement), the U.S. may be on course to become a net exporter of oil in the 2020s, the decade after it lifted its export ban.
Canada is the main source country for petroleum imported into the United States. In 2024, the United States imported around 4.7 million barrels of petroleum per day from its northern neighbor. Oil trading with Canada increased more quickly in the 2010s when strides made in unconventional oil extraction allowed for the large-scale mining of oil sands. By comparison, petroleum trading with Venezuela notably declined since the year 2000. In fact, the U.S. did not purchase any crude oil or oil products from Venezuela between 2020 and 2022. However, in 2024 Venezuelan petroleum imports reached some 232 thousand barrels per day. Crude oil reserves As of 2023, global crude oil reserves were estimated to be around 1.6 trillion barrels. This is the amount of oil that can be extracted in the future under current economic and operating conditions. Most of the proved oil reserves in the world are found in the Middle East, although the share of proved reserves in Central and South America has increased the most since the 1990s. Uses of petroleum Petroleum is a versatile raw material that can be refined into transportation fuels or used as a feedstock within the petrochemical industry. Gasoline is the most commonly produced petroleum product. U.S. refinery production of conventional motor gasoline reached 1.4 million barrels per day in 2021. Most refineries in the U.S. are located on the Gulf Coast close to productive oil basins such as the Permian and ports for shipping.
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Ukraine Crude Oil: Imports: Year to Date: Non CIS: America: USA data was reported at 48,442.178 USD th in Dec 2020. This stayed constant from the previous number of 48,442.178 USD th for Nov 2020. Ukraine Crude Oil: Imports: Year to Date: Non CIS: America: USA data is updated monthly, averaging 31,420.856 USD th from Jan 2020 (Median) to Dec 2020, with 10 observations. The data reached an all-time high of 50,171.832 USD th in Jun 2020 and a record low of 18,785.188 USD th in Sep 2020. Ukraine Crude Oil: Imports: Year to Date: Non CIS: America: USA data remains active status in CEIC and is reported by State Statistics Service of Ukraine. The data is categorized under Global Database’s Ukraine – Table UA.RB005: Crude Oil: Imports: ytd: by Country.
The United States net petroleum import volume amounted to a negative 2.34 million barrels per day in 2024. The North American country became a net exporter of petroleum in 2020, when its net import volume reached a negative 651 thousand barrels per day. During the displayed period net imports have decreased notably, having reached a peak of 12.55 million barrels per day in 2005. Following the advent of unconventional shale extraction, the U.S. was able to achieve a trade surplus.
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Crude Oil Imports in the United States increased to 389 Thousand Barrels in May 30 from -532 Thousand Barrels in the previous week. This dataset provides - United States Crude Oil Imports- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Imports of crude oil to the United States from OPEC countries rose to some 377 million barrels in 2023. This was a notable increase compared to the years prior, however, still far below levels seen before 2019.
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Graph and download economic data for Import Price Index (End Use): Crude Oil (IR10000) from Dec 1980 to Apr 2025 about end use, crude, imports, price index, indexes, price, and USA.
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In March-April 2022, the U.S. crude oil imports reached a record high of $17 billion per month. The U.S. paid twice as much for oil imports in January-April than it did last year
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Crude Oil: Imports: Volume: ytd: Non CIS: America data was reported at 151,955,477.000 kg in Dec 2020. This stayed constant from the previous number of 151,955,477.000 kg for Nov 2020. Crude Oil: Imports: Volume: ytd: Non CIS: America data is updated monthly, averaging 59,348,685.000 kg from Jan 2020 (Median) to Dec 2020, with 10 observations. The data reached an all-time high of 151,955,477.000 kg in Dec 2020 and a record low of 57,657,579.000 kg in May 2020. Crude Oil: Imports: Volume: ytd: Non CIS: America data remains active status in CEIC and is reported by State Statistics Service of Ukraine. The data is categorized under Global Database’s Ukraine – Table UA.RB005: Crude Oil: Imports: ytd: by Country.
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United States Imports from Saudi Arabia of Crude Oil was US$8.35 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Saudi Arabia of Crude Oil - data, historical chart and statistics - was last updated on June of 2025.
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United States PADD II: Supply: Crude Oil Imports data was reported at 86,196.000 Barrel th in Apr 2018. This records an increase from the previous number of 83,886.000 Barrel th for Mar 2018. United States PADD II: Supply: Crude Oil Imports data is updated monthly, averaging 26,209.000 Barrel th from Jan 1981 (Median) to Apr 2018, with 448 observations. The data reached an all-time high of 87,325.000 Barrel th in Jan 2018 and a record low of 8,261.000 Barrel th in Jan 1985. United States PADD II: Supply: Crude Oil Imports data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.RB024: Petroleum Supply: Imports.
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Japan Imports from United States of Crude Oil was US$1.87 Billion during 2024, according to the United Nations COMTRADE database on international trade. Japan Imports from United States of Crude Oil - data, historical chart and statistics - was last updated on May of 2025.
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United States PADD I: Supply: Crude Oil Imports data was reported at 22,360.000 Barrel th in Aug 2018. This records a decrease from the previous number of 27,189.000 Barrel th for Jul 2018. United States PADD I: Supply: Crude Oil Imports data is updated monthly, averaging 36,842.000 Barrel th from Jan 1981 (Median) to Aug 2018, with 452 observations. The data reached an all-time high of 53,357.000 Barrel th in Jan 1998 and a record low of 12,196.000 Barrel th in Feb 2015. United States PADD I: Supply: Crude Oil Imports data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB024: Petroleum Supply: Imports.
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United States Imports from Venezuela of Crude Oil was US$5.88 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Venezuela of Crude Oil - data, historical chart and statistics - was last updated on June of 2025.
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India Imports: USD: Year to Date: Oil data was reported at 83.940 USD bn in Oct 2018. This records an increase from the previous number of 69.934 USD bn for Sep 2018. India Imports: USD: Year to Date: Oil data is updated monthly, averaging 24.024 USD bn from Apr 1997 (Median) to Oct 2018, with 259 observations. The data reached an all-time high of 164.770 USD bn in Mar 2014 and a record low of 521.000 USD mn in Apr 1998. India Imports: USD: Year to Date: Oil data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.JAA001: Trade Statistics.
The United States imported approximately 1.3 million barrels of petroleum from OPEC countries in 2024. This represents an increase of roughly 42 percent in comparison to 2020, when the reduced demand of petroleum due to the coronavirus pandemic resulted in that year's oil crisis. As the United States has stepped up its domestic oil production in the past decade, its import dependence has notably declined.
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Ukraine Crude Oil: Imports: Year to Date: CIS: Azerbaijan data was reported at 196,588.028 USD th in May 2018. This records an increase from the previous number of 147,751.844 USD th for Apr 2018. Ukraine Crude Oil: Imports: Year to Date: CIS: Azerbaijan data is updated monthly, averaging 0.000 USD th from Jan 2007 (Median) to May 2018, with 113 observations. The data reached an all-time high of 900,098.550 USD th in Dec 2010 and a record low of 0.000 USD th in Dec 2014. Ukraine Crude Oil: Imports: Year to Date: CIS: Azerbaijan data remains active status in CEIC and is reported by State Statistics Service of Ukraine. The data is categorized under Global Database’s Ukraine – Table UA.RB007: Crude Oil: Imports: ytd: by Country.
The United States imported an average of 147,000 barrels of petroleum per day from Russia in 2022. The U.S. Congress passed a bill banning imports from oil, gas, coal, and other energy commodities from Russia in April 2022 as a reaction to Russia’s invasion of Ukraine. Other Western countries did the same as an effort to penalize and put economic pressure on Russia. According to a survey from March 2022, 49 percent of U.S. registered voters supported the government's sanctions on Russian oil exports.
Market and price uncertainty
Even though Russia was among the leading countries for petroleum imports into the U.S., market disruptions caused by the imposed sanctions have still severely impacted U.S. average gas prices. In June 2022, gasoline prices reached a new peak of more than five U.S. dollars per gallon. By comparison, diesel prices climbed to around 5.8 U.S. dollars. With the world still grappling with the economic repercussions brought on by the pandemic, the Russia-Ukraine war added another layer of uncertainty over market development. According to a June 2022 outlook, the average global GDP growth forecast change due to the Russia-Ukraine war was a 1.44 percent decrease to the projection made before the war. Only five countries out of the 42 included in the study were forecast to have a positive GDP growth.
The United States imported 2.37 billion barrels of crude oil from other countries. It was the first time since 2017 that figures had increased. The peak was recorded in 2005, at nearly 3.7 billion barrels.