Current year-to-date ( YTD ) data is through July 2020.

Imports: Oil

Oil, the No. 5 import by value totaled $5.71 billion for the month of July, $45.64 billion through July of 2020, and $126.89 billion for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

Click on any of the countries in the chart below to gain access to the specific imports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.

Top Sources

RankCountryYTD
1Canada$24.24 B
2Saudi Arabia$5.33 B
3Mexico$5.17 B
4Iraq$2.35 B
5Colombia$2.15 B
6Ecuador$1.37 B
7Brazil$874.7 M
8Russia$803.84 M
9Nigeria$612.36 M
10Trinidad and Tobago$375.7 M
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U.S. imports of Oil decreased 41.06 percent through July to $45.64 billion

U.S. imports of Oil decreased 41.06 percent from $77.43 billion to $45.64 billion through the first seven months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 5 through July among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 2 for the last full year with a total value of $126.89 billion, a $30.46 billion, 19.36 percent decreased from the 2018 total.

Through July of this year the leading sources were No. 1 Canada, No. 2 Saudi Arabia, No. 3 Mexico, No. 4 Iraq and No. 5 Colombia. The leading gateways were No. 1 Port of Peoria, Ill., No. 2 Chicago O’Hare International Airport, No. 3 Port of Port Arthur, Texas, No. 4 Port of Long Beach and No. 5 Port of Houston.

In the last previous full year, the leading sources were No. 1 Canada, No. 2 Saudi Arabia, No. 3 Mexico, No. 4 Colombia and No. 5 Iraq. The leading gateways were No. 1 Port of Peoria, Ill., No. 2 Chicago O’Hare International Airport, No. 3 Port of Port Arthur, Texas, No. 4 Port of Houston and No. 5 Port of Long Beach.

Looking at specific airports, seaports and border crossings, the top five through through the first seven months of the year were:

Highlights for the top five ports:

  • Port of Peoria, Ill. fell 36.51 percent compared to last year to $5.18 billion.
  • Chicago O’Hare International Airport fell 22.81 percent compared to last year to $5.07 billion.
  • Port of Port Arthur, Texas fell 47.4 percent compared to last year to $2.87 billion.
  • Port of Long Beach fell 23.85 percent compared to last year to $2.56 billion.
  • Port of Houston fell 49.3 percent compared to last year to $2.43 billion.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign markets:

  • U.S. imports from No. 1 Canada decreased $12.28 billion, 33.63 percent, (53.11 percent market share).
  • U.S. imports from No. 2 Saudi Arabia decreased $2.01 billion, 27.41 percent, (11.68 percent market share).
  • U.S. imports from No. 3 Mexico decreased $2.17 billion, 29.6 percent, (11.32 percent market share).
  • U.S. imports from No. 4 Iraq decreased $1.93 billion, 45.11 percent, (5.15 percent market share).
  • U.S. imports from No. 5 Colombia decreased $2.24 billion, 50.97 percent, (4.72 percent market share).

All totaled, 85.98 percent of all these Oil imports to the United States were shipped from the top five markets through July of this year. That is equal to $39.24 billion of the $45.64 billion total.

All totaled, 39.65 percent of all these Oil imports to the United States were shipped to the top five Ports through July of this year. That is equal to $18.09 billion of the $45.64 billion total