Fact #194: December 10, 2001
Production and Imports/Exports for Top 10 Oil-Producing Countries
Of the top 10 oil-producing countries in 2000, only two — the United States and China — imported more oil than they exported. Saudi Arabia, Norway, and Venezuela export more than 90% of the oil they produce.
Top 10 Oil-Producing Countries:
1990 and 2000 Oil Production and Net Oil Imports/Exports
1990 and 2000 Oil Production and Net Oil Imports/Exports
Supporting Information
| Country | 1990 Oil Production* | 2000 Oil Production* | 2000 Net Imports/Exports |
|---|---|---|---|
| (million barrels per day) | |||
| Saudi Arabia | 7.0 | 8.4 | -7.8 |
| Russia** | 11.4 | 6.5 | -4.3 |
| United States | 9.7 | 5.8 | 9.8 |
| Iran | 3.1 | 3.7 | -2.6 |
| China | 2.8 | 3.2 | 1.4 |
| Norway | 1.8 | 3.2 | -3.1 |
| Mexico | 3.0 | 3.0 | -1.4 |
| Venezuela | 2.3 | 2.9 | -2.7 |
| Iraq | 2.1 | 2.6 | -2.1 |
| United Kingdom | 2.0 | 2.5 | -1.1 |
|
* Oil production includes crude oil, lease condensate, natural gas liquids, other hydrocarbons and alcohol, and refinery gain. | |||
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