Vietnam Oil
Production (2025)#36 World
199,074b/d+0.97% YoY
Consumption (2024)#32 World
555,218b/d+2.5% YoY
Daily Deficit (2024)
−358,051b/d
Production covers 35.5% of consumption.
Consumption
Production
Deficit
Oil Reserves in Vietnam
- Vietnam has proven oil reserves of 4,400,000,000 barrels (as reported in 2025) (#25 in the world), representing 0.25% of the world's total.
- As of 2025 production rates, Vietnam has roughly 73 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Vietnam
- Vietnam produced 199,074 barrels per day of oil and petroleum liquids in 2025 (#36 in the world), an increase of 0.97% from 197,167 barrels per day in 2024.
- Of that, 164,670 barrels per day was crude oil in 2025.
- And 24,000 barrels per day was natural gas plant liquids (NGPL) in 2025.
Oil Consumption in Vietnam
- Vietnam consumed 555,218 barrels per day of oil and petroleum products in 2024 (#32 in the world), an increase of 2.5% from 2023. This represents 0.54% of the world's total oil consumption.
- Per capita, oil consumption in Vietnam averaged 0.23 us gallons per day in 2024 (#146 in the world).
- The largest refined-product categories were Distillate Fuel Oil (38.4%), Motor Gasoline (31.5%), and Liquefied Petroleum Gases (13.4%).
(Historical) Oil Imports & Exports in Vietnam
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 Vietnam
- In 2024, Vietnam produced approximately 197,167 barrels per day of oil and consumed 555,218 barrels per day , a deficit of 358,051 barrels per day.
Vietnam Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4,400,000,000 | 25 | 0.25% | 199,074 | +0.97% | 36 | 0.19% | — | — | — | — | — | — | — | — |
| 2024 | 4,400,000,000 | 25 | 0.25% | 197,167 | −0.1% | 36 | 0.19% | 555,218 | +2.5% | 32 | 0.54% | 0.23 | — | — | — |
| 2023 | 4,400,000,000 | 24 | 0.25% | 197,360 | −1.8% | 36 | 0.19% | 541,641 | +5.3% | 32 | 0.53% | 0.23 | — | — | — |
| 2022 | 4,400,000,000 | 26 | 0.25% | 201,047 | −2.4% | 36 | 0.20% | 514,145 | +24.1% | 33 | 0.52% | 0.22 | — | — | — |
| 2021 | 4,400,000,000 | 25 | 0.25% | 206,047 | −3.9% | 34 | 0.22% | 414,176 | −4.7% | 34 | 0.43% | 0.18 | — | — | — |
| 2020 | — | — | — | 214,463 | −10.7% | 34 | 0.23% | 434,705 | −14.7% | 33 | 0.48% | 0.19 | — | — | — |
| 2019 | 4,400,000,000 | 25 | 0.26% | 240,206 | −6.6% | 34 | 0.24% | 509,725 | +5% | 32 | 0.51% | 0.22 | — | — | — |
| 2018 | 4,400,000,000 | 25 | 0.26% | 257,189 | −10.8% | 34 | 0.25% | 485,238 | +5.7% | 35 | 0.48% | 0.21 | 103,540 | 66,880 | 36,660 |
| 2017 | 4,400,000,000 | 26 | 0.27% | 288,243 | −14.4% | 32 | 0.29% | 459,254 | +3.2% | 34 | 0.46% | 0.2 | 23,620 | 132,053 | −108,433 |
| 2016 | 4,400,000,000 | 26 | 0.27% | 336,553 | −8.9% | 32 | 0.35% | 445,000 | +7.2% | 35 | 0.46% | 0.2 | 8,676 | 132,505 | −123,829 |
| 2015 | 4,400,000,000 | 26 | 0.27% | 369,446 | +15.9% | 32 | 0.38% | 415,000 | +9.6% | 36 | 0.43% | 0.19 | 3,655 | 185,198 | −181,543 |
| 2014 | 4,400,000,000 | 26 | 0.27% | 318,859 | −8.1% | 32 | 0.34% | 378,811 | +0.16% | 37 | 0.40% | 0.17 | 14,138 | 186,885 | −172,747 |
| 2013 | 4,400,000,000 | 26 | 0.27% | 346,790 | +0.74% | 32 | 0.38% | 378,225 | +1.4% | 37 | 0.41% | 0.18 | 26,348 | 172,064 | −145,716 |
| 2012 | 4,400,000,000 | 26 | 0.29% | 344,230 | +9.2% | 32 | 0.38% | 372,823 | +1.4% | 36 | 0.41% | 0.17 | 14,580 | 189,418 | −174,838 |
| 2011 | 600,000,000 | 45 | 0.04% | 315,112 | +1% | 34 | 0.36% | 367,500 | +8.3% | 36 | 0.41% | 0.17 | 12,632 | 165,477 | −152,845 |
| 2010 | 600,000,000 | 43 | 0.04% | 311,947 | −8.9% | 37 | 0.36% | 339,387 | +6% | 39 | 0.38% | 0.16 | 9,880 | 162,103 | −152,223 |
| 2009 | 600,000,000 | 43 | 0.04% | 342,268 | +9.8% | 35 | 0.40% | 320,280 | +8% | 42 | 0.37% | 0.16 | 57 | 268,559 | −268,502 |
| 2008 | 600,000,000 | 43 | 0.05% | 311,746 | −3.5% | 36 | 0.36% | 296,672 | +3.5% | 43 | 0.34% | 0.15 | 1 | 275,422 | −275,421 |
| 2007 | 600,000,000 | 45 | 0.05% | 323,118 | −11.7% | 36 | 0.38% | 286,504 | +10.7% | 44 | 0.33% | 0.14 | 781 | 302,478 | −301,697 |
| 2006 | 600,000,000 | 43 | 0.05% | 365,744 | −1.4% | 34 | 0.43% | 258,910 | −2% | 48 | 0.30% | 0.13 | 1,089 | 330,191 | −329,102 |
| 2005 | 600,000,000 | 42 | 0.05% | 371,056 | −2.6% | 35 | 0.44% | 264,173 | +2.6% | 48 | 0.31% | 0.14 | 10 | 360,817 | −360,807 |
| 2004 | 600,000,000 | 41 | 0.05% | 380,899 | +5.8% | 33 | 0.46% | 257,367 | +15.5% | 49 | 0.31% | 0.13 | 1,388 | 390,553 | −389,165 |
| 2003 | 600,000,000 | 41 | 0.05% | 359,976 | +3.7% | 33 | 0.45% | 222,876 | +7.5% | 52 | 0.28% | 0.12 | 1 | 349,691 | −349,690 |
| 2002 | 600,000,000 | 41 | 0.06% | 347,107 | +0.09% | 33 | 0.45% | 207,331 | +13.6% | 54 | 0.26% | 0.11 | 1,676 | 338,907 | −337,231 |
| 2001 | 600,000,000 | 40 | 0.06% | 346,780 | +4% | 33 | 0.45% | 182,583 | +10.4% | 55 | 0.23% | 0.1 | 1,387 | 336,015 | −334,628 |
| 2000 | 600,000,000 | 40 | 0.06% | 333,295 | +6.7% | 33 | 0.44% | 165,382 | +3.9% | 59 | 0.21% | 0.09 | 4,042 | 308,891 | −304,849 |
| 1999 | 600,000,000 | 39 | 0.06% | 312,310 | +25% | 33 | 0.42% | 159,100 | +17.5% | 58 | 0.21% | 0.09 | 2,611 | 298,863 | −296,252 |
| 1998 | 600,000,000 | 42 | 0.06% | 249,808 | +23.5% | 33 | 0.33% | 135,400 | +5.9% | 65 | 0.18% | 0.08 | 11 | 243,898 | −243,887 |
| 1997 | 600,000,000 | 42 | 0.06% | 202,227 | +15.2% | 36 | 0.27% | 127,900 | +10.1% | 66 | 0.18% | 0.07 | 172 | 193,552 | −193,380 |
| 1996 | 500,000,000 | 40 | 0.05% | 175,497 | +14.9% | 38 | 0.24% | 116,200 | +22.3% | 67 | 0.16% | 0.07 | 56 | 174,338 | −174,282 |
| 1995 | 500,000,000 | 40 | 0.05% | 152,795 | +7.5% | 40 | 0.22% | 95,001 | +11.5% | 68 | 0.14% | 0.06 | 237 | 153,669 | −153,432 |
| 1994 | 500,000,000 | 39 | 0.05% | 142,185 | +12.6% | 40 | 0.21% | 85,201 | +10.9% | 68 | 0.12% | 0.05 | 418 | 138,587 | −138,169 |
| 1993 | 500,000,000 | 39 | 0.05% | 126,302 | +10.8% | 41 | 0.19% | 76,801 | +25.5% | 68 | 0.11% | 0.05 | 757 | 126,759 | −126,002 |
| 1992 | 500,000,000 | 39 | 0.05% | 114,000 | +47.9% | 42 | 0.17% | 61,201 | +9.3% | 76 | 0.09% | 0.04 | 0 | 109,069 | −109,069 |
| 1991 | 500,000,000 | 39 | 0.05% | 77,104 | +48.9% | 43 | 0.12% | 56,000 | +4.8% | 67 | 0.08% | 0.04 | 0 | 78,662 | −78,662 |
| 1990 | — | — | — | 51,797 | +72.7% | 48 | 0.08% | 53,431 | +16.7% | 66 | 0.08% | 0.03 | 0 | 53,318 | −53,318 |
| 1989 | — | — | — | 30,000 | +200% | 51 | 0.05% | 45,800 | +12.5% | 66 | 0.07% | 0.03 | 0 | 29,800 | −29,800 |
| 1988 | — | — | — | 10,000 | +100% | 60 | 0.02% | 40,700 | +17.6% | 67 | 0.06% | 0.03 | 0 | 13,620 | −13,620 |
| 1987 | — | — | — | 5,000 | +525% | 65 | 0.01% | 34,600 | +21.4% | 69 | 0.05% | 0.02 | 0 | 0 | 0 |
| 1986 | — | — | — | 800 | — | 74 | < 0.01% | 28,500 | +1.8% | 74 | 0.05% | 0.02 | 0 | 0 | 0 |
| 1985 | — | — | — | 0 | — | — | — | 28,000 | +3.7% | 74 | 0.05% | 0.02 | 0 | 0 | 0 |
| 1984 | — | — | — | 0 | — | — | — | 27,000 | +0% | 73 | 0.05% | 0.02 | 0 | 0 | 0 |
| 1983 | — | — | — | 0 | — | — | — | 27,000 | +3.8% | 74 | 0.05% | 0.02 | 0 | 0 | 0 |
| 1982 | — | — | — | 0 | — | — | — | 26,000 | +0% | 76 | 0.04% | 0.02 | 0 | 0 | 0 |
| 1981 | — | — | — | 0 | — | — | — | 26,000 | +8.3% | 78 | 0.04% | 0.02 | 0 | 0 | 0 |
| 1980 | — | — | — | 0 | — | — | — | 24,000 | — | 79 | 0.04% | 0.02 | 0 | 0 | 0 |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal