November 2008 Import Highlights: January 30, 2009
Monthly data on the origins of crude oil imports in November 2008 has been released and it shows that two countries exported more than 1.40 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 67 percent of United States crude oil imports in November while the top ten sources accounted for approximately 86 percent of all U.S. crude oil imports. The top sources of US crude oil imports for November were Canada (2.028 million barrels per day), Saudi Arabia (1.487 million barrels per day), Mexico (1.296 million barrels per day), Venezuela (1.071 million barrels per day), and Nigeria (0.775 million barrels per day). The rest of the top ten sources, in order, were Iraq (0.467 million barrels per day), Angola (0.450 million barrels per day), Algeria (0.381 million barrels per day), Kuwait (0.292 million barrels per day), and Brazil (0.280 million barrels per day). Total crude oil imports averaged 9.923 million barrels per day in November, which is a decrease of (.188) million barrels per day from October 2008.
Canada remained the largest exporter of total petroleum in November, exporting 2.532 million barrels per day to the United States, which is a decrease from last month (.055 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1.514 million barrels per day.
Crude Oil Imports (Top 15 Countries) (Thousand Barrels per Day) |
Country |
Nov-08 |
Oct-08 |
YTD 2008 |
Nov-07 |
YTD 2007 |
|
CANADA |
2,028 |
2,066 |
1,922 |
1,925 |
1,897 |
SAUDI ARABIA |
1,487 |
1,435 |
1,517 |
1,530 |
1,426 |
MEXICO |
1,296 |
1,256 |
1,191 |
1,484 |
1,425 |
VENEZUELA |
1,080 |
1,027 |
1,042 |
1,227 |
1,139 |
NIGERIA |
775 |
935 |
928 |
1,245 |
1,072 |
IRAQ |
476 |
577 |
636 |
508 |
494 |
ANGOLA |
450 |
527 |
499 |
428 |
504 |
ALGERIA |
381 |
305 |
318 |
184 |
452 |
KUWAIT |
292 |
235 |
207 |
154 |
176 |
BRAZIL |
280 |
345 |
233 |
78 |
165 |
ECUADOR |
222 |
194 |
210 |
154 |
198 |
COLOMBIA |
160 |
163 |
181 |
197 |
139 |
RUSSIA |
152 |
111 |
119 |
81 |
120 |
EQUATORIAL GUINEA |
124 |
114 |
75 |
51 |
54 |
UNITED KINGDOM |
122 |
181 |
78 |
42 |
102 |
|
Total Imports of Petroleum (Top 15 Countries) (Thousand Barrels per Day) |
Country |
Nov-08 |
Oct-08 |
YTD 2008 |
Nov-07 |
YTD 2007 |
|
CANADA |
2,532 |
2,587 |
2,446 |
2,404 |
2,462 |
SAUDI ARABIA |
1,514 |
1,487 |
1,538 |
1,620 |
1,466 |
MEXICO |
1,406 |
1,433 |
1,306 |
1,581 |
1,552 |
VENEZUELA |
1,236 |
1,162 |
1,194 |
1,381 |
1,358 |
NIGERIA |
827 |
979 |
994 |
1,306 |
1,121 |
ALGERIA |
677 |
555 |
553 |
447 |
677 |
IRAQ |
476 |
577 |
636 |
508 |
494 |
ANGOLA |
450 |
539 |
508 |
435 |
514 |
RUSSIA |
450 |
394 |
470 |
470 |
424 |
VIRGIN ISLANDS |
338 |
267 |
323 |
414 |
342 |
KUWAIT |
292 |
240 |
210 |
154 |
183 |
BRAZIL |
285 |
354 |
261 |
82 |
202 |
ECUADOR |
229 |
200 |
217 |
161 |
203 |
UNITED KINGDOM |
224 |
386 |
239 |
210 |
281 |
COLOMBIA |
176 |
200 |
200 |
219 |
157 |
Note: The data in the tables above exclude oil imports into the U.S. territories.
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