Visualizing America's Crude Oil Imports in 2024 💧

Key Takeaways

• In 2024, 61.7% of America's crude oil imports were from Canada.
• South and Central America accounted for 16.3% of crude oil imports, trailing in second by a wide margin.
• Overall, crude imports make up about 40% of the oil that is refined in America, much of which is heavier crude oil.

Canada's Dominant Role

Despite America pumping out roughly 13.4 million barrels of crude oil per day, a record, it also relies heavily on Canadian crude imports.

Since 2013, these imports have increased from 33% of total crude imports to more than 60%.

Driving this increase is higher pipeline capacity, lower prices, and greater Canadian production.