Current year-to-date ( YTD ) data is through July 2023.

Imports: Oil

Total Imports Compared to the same month a year ago

-34.74%

Compared to last month

2.92%

Total All Imports Compared to the same month a year ago

-5.70%

Compared to last month

-0.95%

RankAmong U.S. Imports

2

Rank 2022

1

U.S. imports of Oil totaled $13.16 billion in July, a change of -34.74 percent from the same month one year ago. The change from one month ago was 2.92 percent. Among more than 1,260 commodity classifications, Oil ranked No. 2 in July. It had ranked No. 1 for the same month last year.

While Oil ranked No. 2 in July by value, it ranked No. 1 by tonnage. The top three U.S. markets by value for Oil imports in July were (1) Canada, (2) Mexico, and (3) Saudi Arabia. Among the nation's more than 450 airports, seaports and border crossings, the top three by value were (1) Passenger vehicles, (2) Oil, and (3) Cell phones, related equipment.

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