Imports of crude oil sold by the United States totaled $165.3 billion resulting from a -16.6% decrease in US spending compared to one year earlier.
The dollar total for US exported crude oil represents shipments from 20 American states. In contrast, America’s crude oil imports arrived in 28 states plus Puerto Rico and the District of Colombia.
America’s trade deficit specific to crude petroleum oil amounted to -$78.9 billion, inflating by 24% from -63.6 billion for 2022.
Metrics presented in this article are based on the latest United States Census Bureau’s foreign trade statistics specific to products.
US States that Export & Import the Most Crude Oil (by Dollar Value)
America’s Crude Oil Exports by Top States
The two leading export states (Texas and Louisiana) accounted for 98.7% of crude oil exported by all American petroleum-shipping states during 2023.
Listed below are all 20 US states that shipped crude oil during 2023. Within parenthesis is the percentage that each state supplies compared to the US total value of exported crude oil.
- Texas: US$104.2 billion (89% of total US crude oil exports)
- Louisiana: $11.5 billion (9.8%)
- North Dakota: $570.2 million (0.5%)
- Alaska: $249.7 million (0.2%)
- Minnesota: $179.8 million (0.2%)
- New York: $68.3 million (0.1%)
- Ohio: $64 million (0.1%)
- Connecticut: $55.4 million (0.05%)
- Oklahoma: $36.7 million (0.03%)
- Pennsylvania: $31.2 million (0.03%)
- West Virginia: $20.6 million (0.02%)
- Illinois: $15.1 million (0.013%)
- Missouri: $743,086 (0.0006%)
- Colorado: $354,088 (0.0003%)
- South Carolina: $76,808 (0.0001%)
- Kansas: $61,833 (0.0001%)
- Washington: $57,428 (0.00005%)
- North Carolina: $27,595 (0.00002%)
- Florida: $11,625 (0.00001%)
- Indiana: $6,182 (0.000005%)
- Michigan: $4,832 (0.000004%)
- Tennessee: $3,084 (0.000003%)
Among the above states, 6 grew their global sales of exported crude oil year over year. These were Oklahoma (up 3,043% from 2022), Missouri (up 505.1%), West Virginia (up 178.3%), North Dakota (up 74.1%), Louisiana (up 53.4%) and Alaska (up 46.7%).
There were 10 decliners, led by crude oil exporters from Washington state (down -99.9% from 2022), Indiana (down -99.7%), Kansas (down -96.2%), Minnesot (down -76.1%), Connecticut (down -74.4%) then New York state (down -69.1%).
America’s Crude Oil Imports by Top States
There are more US crude oil import states than export states.
The three leading import states (Illinois, Texas and California) spent 59.1% of crude oil bought by all American petroleum-importing states during 2023.
Listed below are the American states plus Puerto Rico and District of Colombia that represent destinations for crude petroleum oil imported from foreign suppliers in 2023.
Within parenthesis is the percentage that each state purchased compared to total crude oil imports for the United States.
- Illinois: US$45.9 billion (27.8% of total US crude oil imports)
- Texas: $26.6 billion (16.1%)
- California: $25.2 billion (15.2%)
- New Jersey: $9.5 billion (5.8%)
- Minnesota: $7.8 billion (4.7%)
- Oklahoma: $7.1 billion (4.3%)
- Washington: $7 billion (4.2%)
- Louisiana: $5.8 billion (3.5%)
- Pennsylvania: $5.1 billion (3.1%)
- Montana: $4.9 billion (2.9%)
- Colorado: $3.5 billion (2.1%)
- Michigan: $3.5 billion (2.1%)
- Alabama: $3 billion (1.8%)
- Delaware: $3 billion (1.8%)
- Ohio: $2.9 billion (1.7%)
- Mississippi: $2.2 billion (1.4%)
- Missouri: $478.7 million (0.3%)
- Puerto Rico: $311.1 million (0.2%)
- North Dakota: $275 million (0.2%)
- Massachusetts: $212.3 million (0.13%)
- Connecticut: $154.3 million (0.09%)
- Hawaii: $133.1 million (0.08%)
- District of Columbia: $120.8 million (0.07%)
- Kansas: $34.7 million (0.02%)
- New York: $21.7 million (0.01%)
- Wyoming: $16.9 million (0.01%)
- New Mexico: $6.9 million (0.004%)
- Indiana: $4.2 million (0.003%)
- South Dakota: $558,236 (0.00034%)
- Florida: $60,800 (0.000037%)
Year-over-year gains were recorded by importers in Connecticut (up 207.9% from 2022), Puerto Rico (up 207.3%), Mississippi (up 20.7%), North Dakota (up 7.8%), Ohio (up 7.6%) then Louisiana’s (up 6.9%).
There were 21 US importer geographies that spent less on imported crude oil. Cutbacks were led by: Florida (down -100% from 2022), New York state (down -98.5%), Wyoming (down -97.6%), Missouri (down -87.8%), Kansas (down -72.2%), South Dakota (down -61.9%) and Delaware (down -32.9%).
See also United States Top 10 Exports, United States Top 10 Imports, America’s Top 20 Export States and United States Top 10 Major Export Companies
Research Sources:
Central Intelligence Agency, The World Factbook Country Profiles. Accessed on May 1, 2024
International Trade Centre, Trade Map. Accessed on May 1, 2024
USA Trade Online, Official Source of Trade Statistics. Accessed on May 1, 2024