U.S. crude imports from Mexico lowest since 1993

The United States imported 850,000 barrels per day (bbl/d) of crude oil from Mexico in 2013, the lowest volume since 1993.

U.S. crude imports from Mexico lowest since 1993

According to the U.S. Energy Information Administration, 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 United States in 2013, behind Canada and Saudi Arabia.

Conversely, U.S. exports of petroleum products to Mexico have increased 152% in the past decade. In 2013, the United States 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%).

 Related: Reforms to shake up Mexico’s underperforming energy sector

While the United States is a net exporter of petroleum products to Mexico, the United States also imports some petroleum products from Mexico. In 2013, the United States 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, U.S. imports of petroleum products from Mexico have declined in recent years.

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May 29, 2014