Tuesday, March 03, 2009 2:11:09 PM
Monthly data on the origins of crude oil imports in December 2008 has been released and it shows that two countries exported more than 1.30 million barrels per day to the United States. Including those countries, four countries exported over 1.00 million barrels per day of crude oil to the United States (see table below). The top five exporting countries accounted for 59 percent of United States crude oil imports in December while the top ten sources accounted for approximately 87 percent of all U.S. crude oil imports. The top sources of US crude oil imports for December were Canada (2.033 million barrels per day), Saudi Arabia (1.394 million barrels per day), Mexico (1.126 million barrels per day), Venezuela (1.028 million barrels per day), and Nigeria (0.869 million barrels per day). The rest of the top ten sources, in order, were Angola (0.553 million barrels per day), Iraq (0.519 million barrels per day), Ecuador (0.252 million barrels per day), Algeria (0.235 million barrels per day), and Brazil (0.208 million barrels per day). Total crude oil imports averaged 9.419 million barrels per day in December, which is a decrease of (.504) million barrels per day from November 2008.
Canada remained the largest exporter of total petroleum in December, exporting 2.600 million barrels per day to the United States, which is an increase from last month (.068 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1.471 million barrels per day
Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)
Country Dec-08 Nov-08 YTD 2008 Dec-07 YTD 2007
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CANADA 2,033 2,028 1,931 1,796 1,888
SAUDI ARABIA 1,394 1,487 1,506 1,675 1,447
MEXICO 1,126 1,296 1,185 1,234 1,409
VENEZUELA 1,028 1,080 1,041 1,246 1,148
NIGERIA 869 775 923 1,210 1,084
ANGOLA 553 450 504 439 498
IRAQ 519 476 627 378 484
ECUADOR 252 222 214 195 198
ALGERIA 235 381 311 348 443
BRAZIL 208 280 231 171 165
KUWAIT 194 292 206 158 175
COLOMBIA 148 160 178 113 137
CHAD 105 75 102 92 77
CONGO (BRAZZAVILLE) 95 61 67 31 63
AZERBAIJAN 78 71 73 134 57
Total Imports of Petroleum (Top 15 Countries)
(Thousand Barrels per Day)
Country Dec-08 Nov-08 YTD 2008 Dec-07 YTD 2007
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CANADA 2,600 2,532 2,459 2,372 2,455
SAUDI ARABIA 1,471 1,514 1,532 1,686 1,485
MEXICO 1,228 1,406 1,299 1,322 1,532
VENEZUELA 1,159 1,236 1,191 1,387 1,361
NIGERIA 939 827 990 1,271 1,134
ANGOLA 562 450 513 439 508
IRAQ 519 476 627 378 484
ALGERIA 484 677 547 600 670
RUSSIA 382 450 463 306 414
VIRGIN ISLANDS 289 338 320 387 346
ECUADOR 258 229 221 201 203
BRAZIL 225 285 258 178 200
KUWAIT 219 292 210 158 181
NETHERLANDS 203 137 167 157 128
COLOMBIA 198 176 200 130 155
Note: The data in the tables above exclude oil imports into the U.S. territories.
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