Income Planner

November 2007 Import Highlights:  Released on January 29, 2008
Monthly data on the origins of crude oil imports in November 2007 has been released and it shows that two countries exported more than 1.50 million barrels per day to the United States. Including that country, a total of five countries exported over 1.00 million barrels per day of crude oil to the United States (see table below). The top five exporting countries accounted for 74 percent of United States crude oil imports in November while the top ten sources accounted for approximately 89 percent of all U.S. crude oil imports. The top sources of US crude oil imports for November were Canada (1.919 million barrels per day), Saudi Arabia (1.530 million barrels per day), Mexico (1.484 million barrels per day), Nigeria (1.245 million barrels per day), and Venezuela (1.227 million barrels per day). The rest of the top ten sources, in order, were Iraq (0.508 million barrels per day), Angola (0.408 million barrels per day), Colombia (0.197 million barrels per day), Algeria (0.184 million barrels per day), and Ecuador (0.154 million barrels per day). Total crude oil imports averaged 9.978 million barrels per day in November, which is an increase of 0.202 million barrels per day from October 2007.

Canada remained the largest exporter of total petroleum in November, exporting 2.431 million barrels per day to the United States, which is an increase from last month (2.411 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1.620 million barrels per day.

Note: The data in the tables above exclude oil imports into the U.S. territories.