EIA examines US-Mexico crude oil trade

May 28, 2014

The US Energy Information Administration’s new “Today in Energy” brief looks at how Mexico’s crude oil exports to the United States have declined, while US exports of petroleum products to Mexico have increased.

The US imported 850,000 bbl/d of crude oil from Mexico in 2013, the lowest volume since 1993.

In the past decade, U.S. crude oil imports from Mexico fell 47%, primarily as a result of declining production of crude oil in Mexico. Despite the decline, Mexico was the third largest source of crude oil imports to the US in 2013, behind Canada and Saudi Arabia.

Conversely, US exports of petroleum products to Mexico have increased 152% in the past decade.

In 2013, the US exported 527,000 bbl/d of petroleum products to Mexico, including motor gasoline (46% of the total), distillate fuel oil (22%), and liquefied petroleum gases (10%).

While the United States is a net exporter of petroleum products to Mexico, the US also imports some petroleum products from Mexico. In 2013, the US imported 68,000 bbl/d of products, most of which was residual fuel oil (41%), pentanes plus (24%), and naphtha (15%). As with crude oil, US imports of petroleum products from Mexico have declined in recent years.



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