oil imports

Foreign crude shipments

Oil imports are petroleum and petroleum products purchased from foreign countries.

Nations without sufficient domestic production rely on oil imports to meet energy demands for transportation, manufacturing, and heating.

The term appears frequently in discussions of trade deficits, energy independence, and geopolitical vulnerability: The country reduced its oil imports by expanding renewable energy.

Related
  • petroleumNatural underground hydrocarbon liquid
  • crudeUnpolished, raw state
  • tankersShips transporting fluids
  • barrelsCylindrical storage vessels
  • OPECPetroleum exporters' coalition

Saudi Arabia · refineries · pipeline · foreign · foreign policy · dependence · tariffs · embargo · shipping · gasoline · energy · energy crisis · trade · trade deficit · supply · ports · diesel · reserves

Categories
Opposites
trade direction

oil importsoil exports

Crude sold internationally

energy exports

energy source origin

oil importsenergy independence

Generating power domestically

fracking

energy type

oil importsrenewable energy

Self-replenishing natural power

solar power · wind energy · green energy · clean energy · hydroelectric power

Family

oil, oils, oiled, oiling, oily, oiliness, oilskin, import, imports

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G