10 Countries that Import the Most Oil in 2023

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2. United States of America

Total Oil Imports in 2022: $204.72 billion 

The U.S. is the Largest Oil Producer in the World in 2023, accounting for 14.7% of the overall world crude production in 2022. Despite this, the country imports so much crude mainly because many of its refineries are not equipped to distill the light oil coming from the Gulf Coast, and are more suited to the heavy, harder-to-refine crude imported from the Middle East and elsewhere.

Canada now accounts for more than half of U.S. oil imports, replacing OPEC as the top source over the past decade.

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