Taiwan Oil
Production (2025)#71 World
25,612b/d+0.91% YoY
Consumption (2024)#24 World
893,971b/d+1.1% YoY
Daily Deficit (2024)
−868,590b/d
Production covers 2.8% of consumption.
Consumption
Production
Deficit
Oil Reserves in Taiwan
- Taiwan has proven oil reserves of 2,380,000 barrels (as reported in 2025) (#95 in the world), representing 0.00013% of the world's total.
- As of 2025 production rates, Taiwan has roughly 33 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Taiwan
- Taiwan produced 25,612 barrels per day of oil and petroleum liquids in 2025 (#71 in the world), an increase of 0.91% from 25,381 barrels per day in 2024.
- Of that, 196 barrels per day was crude oil in 2025.
- And 630 barrels per day was natural gas plant liquids (NGPL) in 2025.
Taiwan has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.
Oil Consumption in Taiwan
- Taiwan consumed 893,971 barrels per day of oil and petroleum products in 2024 (#24 in the world), an increase of 1.1% from 2023. This represents 0.87% of the world's total oil consumption.
- Per capita, oil consumption in Taiwan averaged 1.62 us gallons per day in 2024 (#38 in the world).
- The largest refined-product categories were Other Refined Products (44%), Motor Gasoline (21%), and Distillate Fuel Oil (13%).
(Historical) Oil Imports & Exports in Taiwan
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 Taiwan
- In 2024, Taiwan produced approximately 25,381 barrels per day of oil and consumed 893,971 barrels per day , a deficit of 868,590 barrels per day.
Taiwan Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2,380,000 | 95 | < 0.01% | 25,612 | +0.91% | 71 | 0.02% | — | — | — | — | — | — | — | — |
| 2024 | 2,380,000 | 95 | < 0.01% | 25,381 | −0.0076% | 71 | 0.02% | 893,971 | +1.1% | 24 | 0.87% | 1.62 | — | — | — |
| 2023 | 2,380,000 | 95 | < 0.01% | 25,383 | +2.3% | 69 | 0.02% | 884,319 | −8.7% | 25 | 0.87% | 1.59 | — | — | — |
| 2022 | 2,380,000 | 95 | < 0.01% | 24,818 | −1.3% | 70 | 0.02% | 968,640 | −9.6% | 23 | 0.97% | 1.74 | — | — | — |
| 2021 | 2,380,000 | 94 | < 0.01% | 25,156 | +9% | 71 | 0.03% | 1,071,405 | +7.1% | 20 | 1.1% | 1.91 | — | — | — |
| 2020 | — | — | — | 23,072 | −5.3% | 73 | 0.02% | 1,000,475 | −3.3% | 20 | 1.1% | 1.78 | — | — | — |
| 2019 | 2,380,000 | 94 | < 0.01% | 24,359 | +1.4% | 71 | 0.02% | 1,034,397 | −4.2% | 21 | 1.0% | 1.84 | — | — | — |
| 2018 | 2,380,000 | 95 | < 0.01% | 24,030 | +1.1% | 73 | 0.02% | 1,079,497 | +4% | 21 | 1.1% | 1.92 | 886,159 | 0 | 886,159 |
| 2017 | 2,380,000 | 94 | < 0.01% | 23,757 | +6.7% | 72 | 0.02% | 1,038,130 | −2.3% | 21 | 1.0% | 1.84 | 852,458 | 0 | 852,458 |
| 2016 | 2,380,000 | 94 | < 0.01% | 22,266 | −5.7% | 76 | 0.02% | 1,062,916 | −0.22% | 21 | 1.1% | 1.89 | 862,299 | 0 | 862,299 |
| 2015 | 2,380,000 | 95 | < 0.01% | 23,607 | −7.2% | 75 | 0.02% | 1,065,309 | +1.5% | 21 | 1.1% | 1.9 | 841,309 | 0 | 841,309 |
| 2014 | 2,380,000 | 95 | < 0.01% | 25,435 | −1.8% | 76 | 0.03% | 1,049,439 | +1.7% | 21 | 1.1% | 1.88 | 863,045 | 0 | 863,045 |
| 2013 | 2,380,000 | 94 | < 0.01% | 25,893 | +14.1% | 75 | 0.03% | 1,031,567 | +2.7% | 21 | 1.1% | 1.85 | 837,191 | 0 | 837,191 |
| 2012 | 2,380,000 | 93 | < 0.01% | 22,699 | +12.5% | 75 | 0.02% | 1,003,981 | −0.27% | 21 | 1.1% | 1.81 | 885,049 | 0 | 885,049 |
| 2011 | 2,380,000 | 92 | < 0.01% | 20,173 | −14.6% | 75 | 0.02% | 1,006,713 | −7.5% | 21 | 1.1% | 1.82 | 794,907 | 0 | 794,907 |
| 2010 | 2,380,000 | 91 | < 0.01% | 23,619 | −4.7% | 72 | 0.03% | 1,088,054 | +11.3% | 20 | 1.2% | 1.97 | 876,259 | 0 | 876,259 |
| 2009 | 2,380,000 | 91 | < 0.01% | 24,788 | +59.9% | 72 | 0.03% | 977,834 | −0.64% | 22 | 1.1% | 1.77 | 901,910 | 0 | 901,910 |
| 2008 | 2,380,000 | 91 | < 0.01% | 15,505 | −41% | 79 | 0.02% | 984,111 | −5.8% | 21 | 1.1% | 1.79 | 912,358 | 0 | 912,358 |
| 2007 | 2,380,000 | 92 | < 0.01% | 26,283 | +26.9% | 71 | 0.03% | 1,044,189 | +4.8% | 19 | 1.2% | 1.91 | 990,397 | 0 | 990,397 |
| 2006 | 2,380,000 | 90 | < 0.01% | 20,704 | +31.7% | 74 | 0.02% | 996,389 | +0.91% | 20 | 1.2% | 1.83 | 999,455 | 0 | 999,455 |
| 2005 | 4,000,000 | 87 | < 0.01% | 15,719 | +48.8% | 78 | 0.02% | 987,437 | +0.39% | 20 | 1.2% | 1.82 | 1,044,976 | 0 | 1,044,976 |
| 2004 | 4,000,000 | 87 | < 0.01% | 10,563 | +36.9% | 81 | 0.01% | 983,571 | +2.3% | 20 | 1.2% | 1.82 | 1,007,154 | 0 | 1,007,154 |
| 2003 | 4,000,000 | 87 | < 0.01% | 7,713.6 | −6.7% | 83 | 0.01% | 961,533 | +4.7% | 19 | 1.2% | 1.78 | 891,560 | 0 | 891,560 |
| 2002 | 4,000,000 | 87 | < 0.01% | 8,266.3 | +135.8% | 81 | 0.01% | 918,412 | +1.4% | 19 | 1.2% | 1.71 | 786,825 | 0 | 786,825 |
| 2001 | 4,000,000 | 87 | < 0.01% | 3,505.8 | +250.6% | 89 | < 0.01% | 906,106 | +4.4% | 19 | 1.2% | 1.7 | 763,538 | 0 | 763,538 |
| 2000 | 4,000,000 | 87 | < 0.01% | 1,000 | +0% | 95 | < 0.01% | 867,767 | +1.9% | 20 | 1.1% | 1.63 | 743,238 | 0 | 743,238 |
| 1999 | 4,000,000 | 87 | < 0.01% | 1,000 | +0% | 93 | < 0.01% | 851,900 | +5.4% | 20 | 1.1% | 1.61 | 697,123 | 0 | 697,123 |
| 1998 | 4,000,000 | 88 | < 0.01% | 1,000 | +0% | 94 | < 0.01% | 808,000 | +4.2% | 20 | 1.1% | 1.54 | 663,686 | 0 | 663,686 |
| 1997 | 4,000,000 | 88 | < 0.01% | 1,000 | +0% | 94 | < 0.01% | 775,200 | −0.59% | 21 | 1.1% | 1.49 | 626,170 | 0 | 626,170 |
| 1996 | 4,000,000 | 77 | < 0.01% | 1,000 | +0% | 95 | < 0.01% | 779,800 | +5.8% | 20 | 1.1% | 1.51 | 629,177 | 0 | 629,177 |
| 1995 | 4,000,000 | 73 | < 0.01% | 1,000 | +0% | 91 | < 0.01% | 736,800 | +11.8% | 20 | 1.1% | 1.44 | 578,025 | 0 | 578,025 |
| 1994 | 4,000,000 | 72 | < 0.01% | 1,000 | −50% | 90 | < 0.01% | 658,900 | +6.9% | 20 | 0.96% | 1.3 | 476,546 | 0 | 476,546 |
| 1993 | 4,000,000 | 72 | < 0.01% | 2,000 | +0% | 81 | < 0.01% | 616,100 | +10.6% | 20 | 0.92% | 1.22 | 493,532 | 20 | 493,512 |
| 1992 | 4,000,000 | 70 | < 0.01% | 2,000 | +0% | 82 | < 0.01% | 557,100 | +2.1% | 21 | 0.83% | 1.12 | 456,935 | 0 | 456,935 |
| 1991 | 4,500,000 | 66 | < 0.01% | 2,000 | +0% | 70 | < 0.01% | 545,400 | +0.89% | 19 | 0.82% | 1.1 | 419,304 | 0 | 419,304 |
| 1990 | 4,600,000 | 62 | < 0.01% | 2,000 | +0% | 69 | < 0.01% | 540,600 | +3.8% | 18 | 0.81% | 1.1 | 425,375 | 0 | 425,375 |
| 1989 | 5,000,000 | 62 | < 0.01% | 2,000 | +0% | 70 | < 0.01% | 520,600 | +7.9% | 18 | 0.79% | 1.07 | 415,819 | 0 | 415,819 |
| 1988 | 5,400,000 | 62 | < 0.01% | 2,000 | +0% | 72 | < 0.01% | 482,300 | +15.1% | 18 | 0.74% | 1 | 367,636 | 0 | 367,636 |
| 1987 | 5,400,000 | 60 | < 0.01% | 2,000 | +0% | 72 | < 0.01% | 418,900 | +3.6% | 22 | 0.66% | 0.88 | 348,657 | 0 | 348,657 |
| 1986 | 5,500,000 | 60 | < 0.01% | 2,000 | +0% | 70 | < 0.01% | 404,300 | +7% | 21 | 0.65% | 0.86 | 324,642 | 0 | 324,642 |
| 1985 | 5,700,000 | 60 | < 0.01% | 2,000 | +0% | 70 | < 0.01% | 378,000 | −1.6% | 22 | 0.63% | 0.81 | 324,604 | 0 | 324,604 |
| 1984 | 6,200,000 | 59 | < 0.01% | 2,000 | −75% | 71 | < 0.01% | 384,000 | +13.9% | 21 | 0.64% | 0.84 | 351,894 | 0 | 351,894 |
| 1983 | 6,700,000 | 58 | < 0.01% | 8,000 | +0% | 61 | 0.01% | 337,000 | +2.1% | 25 | 0.57% | 0.74 | 346,244 | 0 | 346,244 |
| 1982 | 8,000,000 | 56 | < 0.01% | 8,000 | −20% | 61 | 0.01% | 330,000 | −2.9% | 24 | 0.55% | 0.74 | 326,098 | 0 | 326,098 |
| 1981 | 9,000,000 | 55 | < 0.01% | 10,000 | +11.1% | 55 | 0.02% | 340,000 | −10.5% | 24 | 0.56% | 0.78 | 338,680 | 0 | 338,680 |
| 1980 | 10,200,000 | 54 | < 0.01% | 9,000 | — | 55 | 0.01% | 380,000 | — | 23 | 0.60% | 0.88 | 354,817 | 0 | 354,817 |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal