Chile Oil

150,000,000barrels
0.01%
of world reserves
at current production
21,109b/d+4.7% YoY
380,592b/d−1.4% YoY
Daily Deficit (2025)
−359,483b/d

Production covers 5.5% of consumption.

Consumption
Production
Deficit

Oil Reserves in Chile

  • Chile has proven oil reserves of 150,000,000 barrels (as reported in 2025) (#61 in the world), representing 0.0085% of the world's total.
  • As of 2025 production rates, Chile has roughly 209 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Chile

  • Chile produced 21,109 barrels per day of oil and petroleum liquids in 2025 (#76 in the world), an increase of 4.7% from 20,163 barrels per day in 2024.
  • Of that, 1,968.3 barrels per day was crude oil in 2025.
  • And 11,828 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in Chile

  • Chile consumed 380,592 barrels per day of oil and petroleum products in 2025 (#39 in the world), a decrease of 1.4% from 2024. This represents about 0.37% of the world's total oil consumption.
  • Per capita, oil consumption in Chile averaged 0.8 us gallons per day in 2025 (#84 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (45.5%), Motor Gasoline (23.2%), and Liquefied Petroleum Gases (12.8%).

(Historical) Oil Imports & Exports in Chile

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 Chile

  • In 2025, Chile produced approximately 21,109 barrels per day of oil and consumed 380,592 barrels per day , a deficit of 359,483 barrels per day.

Chile Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
2025150,000,000610.01%21,109+4.7%760.02%380,592−1.4%16—0.8———
2024150,000,000610.01%20,163+11.6%770.02%385,940+0.79%390.38%0.82———
2023150,000,000610.01%18,074+7.8%770.02%382,910−0.54%400.38%0.82———
2022150,000,000610.01%16,764+5%780.02%384,997+6.8%400.39%0.83———
2021150,000,000610.01%15,966+0.29%820.02%360,589+9.1%390.37%0.78———
2020———15,919−15.9%820.02%330,399−8.7%380.36%0.72146,4601,041145,419
2019150,000,000600.01%18,919+24.6%780.02%361,723−0.47%400.36%0.79178,0720178,072
2018150,000,000600.01%15,186+28.1%860.02%363,430+1.8%400.36%0.81172,7000172,700
2017150,000,000600.01%11,855+7.6%910.01%357,173+1.5%400.36%0.81170,9840170,984
2016150,000,000600.01%11,015−12.9%920.01%351,951+6.5%410.36%0.81164,7780164,778
2015150,000,000600.01%12,653−10.3%870.01%330,510−1.7%410.34%0.77167,5310167,531
2014150,000,000620.01%14,101−10.1%870.02%336,364−0.91%400.36%0.79166,6300166,630
2013150,000,000630.01%15,693−8.7%830.02%339,441+2.2%390.37%0.81177,3160177,316
2012150,000,000630.01%17,192−4.9%820.02%332,057+0.0016%380.37%0.8161,7630161,763
2011150,000,000610.01%18,087+2%790.02%332,052+3%390.37%0.8171,0350171,035
2010150,000,000580.01%17,733+39.4%790.02%322,296−7.5%400.36%0.79159,6590159,659
2009150,000,000580.01%12,718+1.3%810.01%348,351−5.7%380.40%0.86188,6150188,615
2008150,000,000580.01%12,558−17.8%830.01%369,328+5.1%370.43%0.92191,3460191,346
2007150,000,000590.01%15,282−9.8%800.02%351,488+26.4%380.40%0.89205,9460205,946
2006150,000,000620.01%16,945+37.4%800.02%278,173+2.1%440.32%0.71212,1900212,190
2005150,000,000610.01%12,329−9.5%790.01%272,342+3.4%460.32%0.7195,7580195,758
2004150,000,000610.01%13,626−3.2%770.02%263,421+6%460.32%0.68198,8140198,814
2003150,000,000630.01%14,083−7.3%760.02%248,501+3.7%480.31%0.65195,8350195,835
2002150,000,000600.01%15,193−3.6%720.02%239,649+2.7%490.30%0.63183,3490183,349
2001150,000,000600.01%15,764+8.4%690.02%233,441−2.6%490.30%0.63187,7150187,715
2000150,000,000590.01%14,546−5.4%700.02%239,626−8.3%450.31%0.65184,7580184,758
1999150,000,000600.01%15,383+2.8%690.02%261,285+2.5%430.35%0.72177,9480177,948
1998200,000,000560.02%14,963+2.1%670.02%254,921+4.1%430.35%0.71180,5530180,553
1997300,000,000470.03%14,661−15.5%680.02%244,838+5.7%440.34%0.69163,9490163,949
1996300,000,000440.03%17,347−2.2%660.02%231,634+9%460.32%0.66151,9080151,908
1995300,000,000440.03%17,732−25%650.03%212,477+8.5%490.30%0.61144,8750144,875
1994300,000,000430.03%23,631+3.9%640.03%195,868+9.1%520.29%0.57135,3570135,357
1993300,000,000440.03%22,747+16.1%640.03%179,488+8.6%540.27%0.53119,6920119,692
1992300,000,000430.03%19,590−11.9%650.03%165,251+8%550.25%0.5114,9720114,972
1991300,000,000430.03%22,241−9.5%550.03%153,019+5.2%510.23%0.47105,1950105,195
1990300,000,000400.03%24,578−8.7%530.04%145,474+7.8%510.22%0.45103,2800103,280
1989300,000,000400.03%26,907−8.3%530.04%134,986+12.8%510.20%0.4386,331086,331
1988300,000,000400.03%29,331−21.1%510.05%119,661+10.6%540.18%0.3977,807077,807
1987300,000,000400.04%37,159−3.5%500.06%108,225+4.6%540.17%0.3651,228051,228
1986700,000,000310.10%38,490−5.9%500.06%103,512+5.6%550.17%0.3549,715049,715
1985700,000,000310.10%40,904−7.4%470.07%98,047−3.1%550.16%0.3339,393039,393
1984700,000,000320.10%44,167−11.7%460.07%101,142+5.4%550.17%0.3537,586037,586
1983800,000,000310.12%50,000−7.4%430.09%96,000−5.9%550.16%0.3436,022036,022
1982800,000,000310.12%54,000+3.8%410.09%102,000−1.9%550.17%0.3623,287023,287
1981400,000,000370.06%52,000+13%400.09%104,000−2.8%550.17%0.3751,554051,554
1980400,000,000350.06%46,000—410.07%107,000—510.17%0.3962,051062,051

See also

Sources