Brazil Oil

15,894,160,000barrels
0.90%
of world reserves
at current production
4,655,066b/d+8.8% YoY
3,268,781b/d+3.4% YoY
Daily Surplus (2024)
+1,008,285b/d

Consumption uses 76.4% of production.

Production
Consumption
Surplus

Oil Reserves in Brazil

  • Brazil has proven oil reserves of 15,894,160,000 barrels (as reported in 2025) (#15 in the world), representing 0.9% of the world's total.
  • As of 2025 production rates, Brazil has roughly 12 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Brazil

  • Brazil produced 4,655,066 barrels per day of oil and petroleum liquids in 2025 (#7 in the world), an increase of 8.8% from 4,277,066 barrels per day in 2024.
  • Of that, 3,769,407 barrels per day was crude oil in 2025.
  • And 82,809 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in Brazil

  • Brazil consumed 3,268,781 barrels per day of oil and petroleum products in 2024 (#6 in the world), an increase of 3.4% from 2023. This represents 3.2% of the world's total oil consumption.
  • Per capita, oil consumption in Brazil averaged 0.65 us gallons per day in 2024 (#98 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (35.5%), Motor Gasoline (34.9%), and Biofuels (24%).

(Historical) Oil Imports & Exports in Brazil

EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.

Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.

oil Balance in Brazil

  • In 2024, Brazil produced approximately 4,277,066 barrels per day of oil and consumed 3,268,781 barrels per day , a surplus of 1,008,285 barrels per day.

Brazil Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
202515,894,160,000150.90%4,655,066+8.8%74.4%————————
202414,856,000,000150.84%4,277,066−0.11%84.1%3,268,781+3.4%63.2%0.65———
202313,242,000,000150.75%4,281,786+12.4%74.2%3,160,312+2.5%73.1%0.63———
202211,889,620,000160.69%3,810,266+3.3%83.8%3,083,556+4%73.1%0.62———
202112,714,600,000150.74%3,689,550−2.1%73.9%2,965,532+4.4%73.0%0.59———
2020———3,767,539+3%74.0%2,841,584−5.8%73.1%0.57———
201912,835,060,000150.77%3,659,460+7.2%83.6%3,016,716−1.9%73.0%0.61———
201812,633,700,000150.76%3,412,791+1.7%93.4%3,075,992−2.2%73.1%0.63186,1951,123,314−937,119
201712,999,800,000150.79%3,356,216+4.3%93.4%3,145,000+1.4%73.2%0.65149,247996,569−847,322
201616,184,100,000150.98%3,219,382+1.6%93.3%3,101,000−4.2%73.2%0.64154,441844,925−690,484
201515,544,400,000150.94%3,170,192+7.3%93.3%3,238,410−1.2%73.4%0.67297,863737,083−439,220
201415,049,900,000150.91%2,954,471+9.5%93.1%3,279,265+4.3%73.5%0.69350,275519,150−168,875
201313,154,200,000150.80%2,697,273+1.6%113.0%3,143,521+4.8%73.4%0.67394,639397,322−2,683
201213,986,710,000150.92%2,655,852−1.2%122.9%3,000,871+3.7%73.3%0.64345,107533,609−188,502
201112,857,000,000150.87%2,687,042−1%103.0%2,893,719+2.7%73.2%0.62332,009604,800−272,791
201012,801,500,000150.94%2,714,309+6.3%93.1%2,817,667+8.5%73.2%0.61338,933631,785−292,852
200912,623,900,000150.94%2,554,200+5.1%103.0%2,597,463+0.27%73.0%0.57375,189525,896−150,707
200812,181,620,000160.92%2,429,430+28.1%122.8%2,590,423+6.6%63.0%0.57381,306433,271−51,965
200711,772,640,000170.89%1,895,934+1.7%152.2%2,429,078+6.7%62.8%0.54415,740421,492−5,752
200611,243,300,000160.87%1,863,853+6.1%152.2%2,275,680+1.6%82.7%0.51334,680368,057−33,377
200510,600,000,000160.83%1,756,606+10.3%162.1%2,240,895+2.3%82.6%0.51343,217274,52268,695
20048,500,000,000180.67%1,592,885−0.35%171.9%2,191,308+3.6%82.6%0.5450,855245,575205,280
20038,321,700,000180.69%1,598,484+3.8%152.0%2,115,305−2.6%92.6%0.49342,819241,881100,938
20028,464,744,000160.82%1,539,803+11.9%162.0%2,172,040−0.64%72.8%0.51382,133235,075147,058
20018,100,000,000160.79%1,376,084+4.8%181.8%2,186,108−0.65%62.8%0.52417,955110,821307,134
20007,357,476,000150.72%1,313,277+12.4%181.7%2,200,318+1.8%62.9%0.53398,50618,687379,819
19997,106,196,000150.69%1,168,351+13.2%181.6%2,162,238+2.5%62.9%0.53470,267602469,665
19984,800,000,000200.47%1,031,992+15.2%181.4%2,108,864+3%62.9%0.52550,2631,434548,829
19974,800,000,000200.47%895,604+7.2%201.2%2,047,369+6.6%72.8%0.52574,5382,611571,927
19964,200,000,000210.44%835,107+11.8%201.2%1,921,498+6.6%82.7%0.49570,0642,083567,981
19953,800,000,000220.40%746,697+3.4%221.1%1,802,672+6.9%112.6%0.47503,6931,360502,333
19943,600,000,000230.38%721,908+2.7%211.0%1,685,716+6%122.5%0.44552,2461,456550,790
19933,000,000,000230.32%702,627+7.6%191.1%1,590,150+4%122.4%0.43507,9201,436506,484
19922,800,000,000230.30%653,005+1%200.98%1,529,259+2.3%112.3%0.42529,6291,415528,214
19912,800,000,000230.28%646,504−1.1%190.97%1,495,453−10.7%102.2%0.41525,5402,234523,306
19902,800,000,000230.28%653,542+5.9%200.98%1,674,075+26.4%72.5%0.47571,1701,862569,308
19892,600,000,000230.29%617,104+6.9%200.94%1,324,744+1.4%92.0%0.38591,7112591,709
19882,300,000,000230.26%577,049−2.2%210.90%1,306,524+3.5%92.0%0.38640,1733,720636,453
19872,300,000,000230.33%590,184−0.47%200.95%1,262,571+2%92.0%0.38618,3530618,353
19862,100,000,000230.30%593,000+5.1%190.96%1,237,494+14.4%92.0%0.38600,9620600,962
19852,000,000,000230.29%564,000+19%200.95%1,082,179+4.5%91.8%0.34545,2020545,202
19841,800,000,000230.27%473,874+3%210.80%1,035,484+4.7%91.7%0.33650,8120650,812
19831,800,000,000240.27%460,000+32.2%210.79%988,736−7.3%101.7%0.32728,814998727,816
19821,300,000,000280.19%348,000+23%210.60%1,066,767−2%91.8%0.35798,11621,753776,363
19811,300,000,000270.20%283,000+15.5%230.47%1,089,003−4.9%91.8%0.37844,48714,495829,992
19801,200,000,000280.19%245,000—250.38%1,145,084—91.8%0.4870,8911,174869,717

See also

Sources