November 2024 Import Highlights

Monthly data on the origins of crude oil imports in November 2024 show that one country, Canada, exported more than one million barrels per day to the United States (see table below). The top five exporting countries accounted for 79% of United States crude oil imports in November while the top ten sources accounted for approximately 92% of all U.S. crude oil imports. The top five sources of U.S. crude oil imports for November were Canada (4.0 million b/d), Mexico (453,000 b/d), Brazil (309,000 b/d), Colombia (264,000 b/d), and Saudi Arabia (236,000 b/d). The remaining top ten sources, in order, were Venezuela (233,000 b/d), Iraq (224,000 b/d), Ecuador (168,000 b/d), Guyana (103,000 b/d), and Nigeria ( 97,000 b/d). Total crude oil imports averaged 6.6 million b/d in November, which was an increase of 222,000 b/d from imports during October 2024.

Canada remained the largest exporter of total petroleum to the United States in November; exporting 4.6 million b/d. The second largest exporter of total petroleum was Mexico with 620,000 b/d.