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December 2007 Import Highlights: March 3, 2008
Monthly data on the origins of crude oil imports in December 2007 has been released and it shows that two countries exported more than 1.50 million barrels per day to the United States. Including those countries, a total of five countries exported over 1.20 million barrels per day of crude oil to the United States (see table below). The top five exporting countries accounted for 73 percent of United States crude oil imports in December while the top ten sources accounted for approximately 88 percent of all U.S. crude oil imports. The top sources of US crude oil imports for December were Canada (1.784 million barrels per day), Saudi Arabia (1.675 million barrels per day), Venezuela (1.246 million barrels per day), Mexico (1.234 million barrels per day), and Nigeria (1.210 million barrels per day). The rest of the top ten sources, in order, were Angola (0.439 million barrels per day), Iraq (0.378 million barrels per day), Algeria (0.348 million barrels per day), Ecuador (0.195 million barrels per day), and Brazil (0.171 million barrels per day). Total crude oil imports averaged 9.823 million barrels per day in December, which is a decrease of 0.125 million barrels per day from November 2007.
Canada remained the largest exporter of total petroleum in November, exporting 2.360 million barrels per day to the United States, which is a decrease from last month (2.431 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1.686 million barrels per day.
Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day) |
| Country |
Dec-07 |
Nov-07 |
YTD 2007 |
Dec-06 |
Jan - Dec 2006 |
|
| CANADA |
1,784 |
1,919 |
1,864 |
1,830 |
1,802 |
| SAUDI ARABIA |
1,675 |
1,530 |
1,453 |
1,471 |
1,423 |
| VENEZUELA |
1,246 |
1,227 |
1,150 |
1,045 |
1,142 |
| MEXICO |
1,234 |
1,484 |
1,410 |
1,245 |
1,577 |
| NIGERIA |
1,210 |
1,245 |
1,082 |
1,010 |
1,037 |
| ANGOLA |
439 |
408 |
496 |
610 |
513 |
| IRAQ |
378 |
508 |
485 |
419 |
553 |
| ALGERIA |
348 |
184 |
443 |
406 |
362 |
| ECUADOR |
195 |
154 |
198 |
240 |
272 |
| BRAZIL |
171 |
78 |
167 |
130 |
133 |
| KUWAIT |
158 |
154 |
176 |
163 |
179 |
| AZERBAIJAN |
134 |
77 |
57 |
68 |
27 |
| LIBYA |
116 |
66 |
84 |
46 |
66 |
| COLOMBIA |
113 |
197 |
137 |
74 |
141 |
| UNITED KINGDOM |
93 |
42 |
102 |
93 |
130 |
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Total Imports of Petroleum (Top 15 Countries)
(Thousand Barrels per Day) |
| Country |
Dec-07 |
Nov-07 |
YTD 2007 |
Dec-06 |
Jan - Dec 2006 |
|
| CANADA |
2,360 |
2,431 |
2,426 |
2,461 |
2,353 |
| SAUDI ARABIA |
1,686 |
1,620 |
1,489 |
1,491 |
1,463 |
| VENEZUELA |
1,387 |
1,381 |
1,362 |
1,274 |
1,419 |
| MEXICO |
1,322 |
1,581 |
1,533 |
1,366 |
1,705 |
| NIGERIA |
1,271 |
1,306 |
1,132 |
1,068 |
1,114 |
| ALGERIA |
600 |
447 |
670 |
662 |
657 |
| ANGOLA |
439 |
415 |
507 |
620 |
534 |
| VIRGIN ISLANDS |
387 |
414 |
346 |
334 |
328 |
| IRAQ |
378 |
508 |
485 |
419 |
553 |
| RUSSIA |
306 |
470 |
413 |
369 |
369 |
| UNITED KINGDOM |
238 |
210 |
278 |
199 |
272 |
| ECUADOR |
201 |
161 |
203 |
240 |
278 |
| BRAZIL |
178 |
85 |
202 |
162 |
193 |
| KUWAIT |
158 |
154 |
183 |
169 |
185 |
| NETHERLANDS |
157 |
58 |
127 |
98 |
174 |
Note: The data in the tables above exclude oil imports into the U.S. territories.
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