USA Crude Oil Imports by Supplier Countries - PowerPoint PPT Presentation

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USA Crude Oil Imports by Supplier Countries

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During 2020, the United States of America imported US$81.6 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. Exportimportbid Data Company is a leading import-export trade data providing company. We provide recent details and data of import. With the help of USA import trade data, you can grow your business on the top level. You can visit our website. Enter your entire Indian importer data requirement in the inquiry form available at Contact Person:- Deepak Pant, Phone No:- +91-9560057267, Email:- info@exportimportbid.com, Address:- A/57, 1st Floor, Om Vihar Phase 1, Uttam Nagar Delhi-110059, India – PowerPoint PPT presentation

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Title: USA Crude Oil Imports by Supplier Countries


1
USA 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.
2
Major 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.

3
Countries 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)

4
Countries 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
leading import-export trade data providing
company. We provide recent details and data of
import. With the help of USA Trade Data, you can
grow your business on the top level. We provide
a Custom Intelligence report for buyers and
suppliers both with details of HS code, Date,
Port Name and Product List. If you have any
further queries about export-import data, you can
visit our website. Enter your entire Indian
importer data requirement in the inquiry form
available at https//www.exportimportbid.com/ A
lso Check- India Import Trade Data Indonesia
Import Trade Data Indonesia Export Trade Data
India Export Trade Data
5
Contact Person- Deepak Pant Phone No-
91-9560057267 Email- info_at_exportimportbid.com Ad
dress- A/57, 1st Floor, Om Vihar Phase 1, Uttam
Nagar Delhi-110059, India
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