China Oil

28,182,000,000barrels
1.6%
of world reserves
at current production
5,446,189b/d+2.1% YoY
16,370,536b/d+2.4% YoY
Daily Deficit (2024)
−11,036,200b/d

Production covers 32.6% of consumption.

Consumption
Production
Deficit

Oil Reserves in China

  • China has proven oil reserves of 28,182,000,000 barrels (as reported in 2025) (#13 in the world), representing 1.6% of the world's total.
  • As of 2025 production rates, China has roughly 18 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in China

  • China produced 5,446,189 barrels per day of oil and petroleum liquids in 2025 (#5 in the world), an increase of 2.1% from 5,334,336 barrels per day in 2024.
  • Of that, 4,324,685 barrels per day was crude oil in 2025.
  • And 10,000 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in China

  • China consumed 16,370,536 barrels per day of oil and petroleum products in 2024 (#2 in the world), an increase of 2.4% from 2023. This represents 15.9% of the world's total oil consumption.
  • Per capita, oil consumption in China averaged 0.48 us gallons per day in 2024 (#114 in the world).
  • The largest refined-product categories were Other Refined Products (30.4%), Distillate Fuel Oil (22.6%), and Motor Gasoline (21.7%).

(Historical) Oil Imports & Exports in China

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 China

  • In 2024, China produced approximately 5,334,336 barrels per day of oil and consumed 16,370,536 barrels per day , a deficit of 11,036,200 barrels per day.

China Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
202528,182,000,000131.6%5,446,189+2.1%55.1%————————
202427,889,200,000131.6%5,334,336+1.4%55.2%16,370,536+2.4%215.9%0.48———
202327,003,480,000131.5%5,261,386+2.8%55.1%15,980,821+4.9%215.8%0.47———
202226,491,080,000131.5%5,117,648+3.1%55.1%15,231,381−0.38%215.3%0.45———
202126,022,600,000131.5%4,964,475+2.8%55.2%15,289,837+9.4%215.7%0.45———
2020———4,828,246+0.07%55.1%13,975,303+0.0021%215.3%0.41———
201925,927,440,000131.6%4,825,036+2.5%54.8%13,975,004+4%213.9%0.41———
201825,627,320,000131.5%4,706,352+0.39%74.7%13,436,283+0.56%213.4%0.49,238,06052,5329,185,528
201725,620,000,000131.6%4,688,223−3.1%64.8%13,361,140+6.4%213.4%0.48,389,24697,2148,292,032
201625,132,122,000141.5%4,838,198−5.2%45.0%12,555,123+5%212.9%0.387,599,31858,6517,540,667
201524,648,842,000141.5%5,103,410+2.4%45.3%11,958,035+4.7%212.5%0.366,737,23457,5566,679,678
201424,375,600,000141.5%4,982,803+2.9%45.3%11,417,913+5.9%212.1%0.356,192,82612,0496,180,777
201323,716,800,000141.4%4,840,535+2.8%45.3%10,780,568+6%211.7%0.335,657,99732,4735,625,524
201220,350,000,000141.3%4,707,143+2%45.2%10,170,806+5%211.2%0.315,427,94548,7065,379,239
201120,350,000,000141.4%4,616,180+1.3%45.2%9,686,149+5.5%210.8%0.35,096,43950,4875,045,952
201020,350,000,000141.5%4,557,519+8.6%45.2%9,181,535+8.1%210.3%0.294,773,17660,8494,712,327
200916,000,000,000131.2%4,196,292+0.64%44.9%8,497,269+5.7%29.9%0.274,075,780101,8773,973,903
200816,000,000,000131.2%4,169,733+3.5%54.8%8,041,343+1.5%29.3%0.253,582,58884,8763,497,712
200716,000,000,000131.2%4,028,709+2.5%54.7%7,923,259+5.7%29.1%0.253,276,61077,9993,198,611
200618,250,000,000121.4%3,930,162+1.9%54.6%7,493,351+7.5%28.7%0.242,915,432127,2612,788,171
200518,250,000,000121.4%3,856,439+3.9%54.6%6,970,258+2.5%28.2%0.222,546,763162,0032,384,760
200418,250,000,000121.4%3,713,201+5.8%64.5%6,802,690+17.6%28.2%0.222,457,753109,9902,347,763
200318,250,000,000121.5%3,508,277+0.45%64.4%5,786,183+11%27.2%0.191,827,881163,3281,664,553
200224,000,000,000102.3%3,492,406+2%64.6%5,211,508+8.3%36.6%0.171,393,825153,9301,239,895
200124,000,000,000102.3%3,424,737+1%64.5%4,814,297+2.7%36.2%0.161,210,153151,6211,058,532
200024,000,000,000102.4%3,389,637+1.9%64.4%4,688,535+7.6%36.1%0.161,407,220206,4021,200,818
199924,000,000,000102.3%3,325,404−0.09%64.5%4,359,000+5.9%35.8%0.15734,286143,733590,553
199824,000,000,000102.3%3,328,476+0.91%74.4%4,118,000+13.2%35.6%0.14547,897312,855235,042
199724,000,000,000102.3%3,298,456+2.5%74.4%3,636,500−4.2%35.0%0.12711,344397,667313,677
199624,000,000,00092.5%3,218,091+4.8%84.5%3,797,000+11.9%35.3%0.13453,579409,17844,401
199524,000,000,00082.5%3,070,498+4.4%54.4%3,394,000+6.3%34.9%0.12342,736365,539−22,803
199424,000,000,00082.5%2,939,826+0.5%64.3%3,193,000+6.7%34.7%0.11247,596370,833−123,237
199324,000,000,00092.6%2,925,145+3.1%64.4%2,993,000+11.1%44.5%0.1314,279389,765−75,486
199224,000,000,00092.6%2,837,923+0.09%64.3%2,694,000+10.8%54.0%0.1227,822431,379−203,557
199124,000,000,00092.4%2,835,329+2.2%54.3%2,431,000+4.5%43.6%0.09119,787453,198−333,411
199024,000,000,00092.4%2,773,932+0.62%54.2%2,327,000−3.7%33.5%0.0858,620481,115−422,495
198924,000,000,00092.6%2,756,792+0.97%64.2%2,416,000+4.4%33.7%0.0965,439489,096−423,657
198818,000,000,000102.0%2,730,320+1.5%44.2%2,315,000+7.1%33.6%0.0917,147522,327−505,180
198718,000,000,000102.6%2,690,000+2.7%44.3%2,162,000+5.1%33.4%0.0810,027545,992−535,965
198618,000,000,000102.6%2,620,288+4.6%54.3%2,057,000+1.6%33.3%0.089,145571,522−562,377
198519,000,000,000102.7%2,505,164+9.3%54.2%2,024,000+5.9%33.4%0.085,014602,245−597,231
198419,000,000,000102.8%2,292,000+8.1%53.8%1,911,000+2%33.2%0.084,933447,082−442,149
198319,000,000,000102.9%2,119,603+3.6%63.7%1,874,000+2%33.2%0.087,420304,713−297,293
198220,000,000,00093.0%2,045,000+1.6%63.5%1,837,000−1.1%43.1%0.0812,915304,913−291,998
198121,000,000,00093.2%2,012,438−4.8%53.3%1,857,000−4.3%53.0%0.081,404275,834−274,430
198020,000,000,00093.1%2,113,852−0.39%53.3%1,940,000—43.1%0.087,340266,909−259,569
1979———2,122,063+1.9%83.7%————————
1978———2,082,099+11.1%73.8%————————
1977———1,873,942+12.2%103.5%————————
1976———1,669,751+12.1%103.2%————————
1975———1,490,014+13.3%93.1%————————
1974———1,315,132+20.7%112.6%————————
1973———1,089,879—122.2%————————

See also

Sources