10 Countries that Import the Most Oil in 2023

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1. China

Total Oil Imports in 2022: $366.51 billion 

China is not only the country with the second-largest population in the world, but is also the second-largest global economy, so it comes as no surprise that it is the Largest Oil Importer in the World in 2023. Another reason the People’s Republic has increased oil imports and refining capacity is also to sell to other nations, particularly in Asia.

China was the Biggest Buyer of Saudi Oil in 2022, buying 87.49 million tonnes of crude during the year, equivalent to 1.75 million barrels per day.

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