Title: USA Crude Oil Imports by Supplier Countries
1USA Crude Oil Imports by Supplier Countries
During 2020, the United States of America
imported US81.6 billion worth of crude
petroleum oil supplied by 32 countries. In
contrast, the US shipped 50.3 billion worth of
crude petroleum oil in 2020. That dollar amount
reflects a -23 downtick from 2019 to 2020 and a
massive -279.7 reduction since 2016.
2Major Suppliers of Crude Oil to American
Importers
- USA Import Trade Data Among its leading providers
of crude oil, Canada furnished over half (56.6)
of US spending on imported crude oil compared to
50.1 one year earlier in 2019. - Countries Exporting Crude Oil to America (Top 12
Countries) - Americas top 12 suppliers of crude oil in 2020
generated 97.4 of US purchases from foreign
markets. - Over three-quarters (76.8) of the overall cost
of buying unprocessed petroleum came from
suppliers in Canada, Mexico and Saudi Arabia. - Canada US46.2 billion (56.6 of total US
imported crude oil) - Mexico 8.9 billion (11)
- Saudi Arabia 7.6 billion (9.3)
- Colombia 3.5 billion (4.3)
- Iraq 3.2 billion (4)
- Ecuador 2.7 billion (3.3)
- Brazil 1.7 billion (2)
- Russia 1.4 billion (1.7)
- Nigeria 1.2 billion (1.5)
- Trinidad/Tobago 648.2 million (0.8)
- Guyana 558.8 million (0.7)
- Argentina 527.7 million (0.6)
- Not one among these top suppliers increased the
value of its crude oil sold to America from 2019
to 2020.
3Countries Exporting Crude Oil to America
(Deficit Creators)
- America also produces and sells its own crude oil
on international markets. In 2020, the United
States shipped 50.3 billion worth of crude oil
to its trade partners globally. Nevertheless,
revenues from its exported crude oil are almost
60 of the 81.6 billion that the US spent on
imported crude oil. - Below you will find the 12 countries that caused
Americas subtotal -72.1 billion from buying
and selling crude oil on international markets in
2020. - Canada -US39.7 billion (product deficit down
-29.5 since 2019) - Mexico -8.9 billion (down -26.8)
- Saudi Arabia -7.5 billion (down -34.6)
- Colombia -3.24 billion (down -46.6)
- Iraq -3.23 billion (down -54)
- Ecuador -2.7 billion (down -37.6)
- Russia -1.4 billion (down -59.4)
- Nigeria -1.2 billion (down -72.9)
- Brazil -1.1 billion (down -56.5)
- Trinidad/Tobago -648.2 million (down -29.6)
- Guyana -558.8 million (no 2019 data)
- Argentina -527.7 million (down -35.6)
- Angola -469.5 million (down -38.5)
- Ghana -403.3 million (down -30.9)
- Kuwait -387.1 million (down -64.5)
4Countries Exporting Crude Oil to America
(Surpluses)
The United States did earn surpluses from the
international crude oil exported to, imported
from or both with 44 trading partners in
2020. For example, America captured about 37.1
billion in positive cash flow from the following
15 countries. Exportimportbid Data Company is a
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