In 2013, Mexico was the third-largest source of crude oil imports to the US, averaging 850,000 b/d, behind Canada and Saudi Arabia, according to the US Energy Information Administration. However, the volumes were the lowest since 1993, reflecting declining production of crude oil in Mexico. Meantime, US crude oil imports from Mexico have dropped by 47% in the last decade.
By contrast, US petroleum products exports to Mexico have increased 152% over the past 10 years. Last year, the US exported 527,000 b/d of petroleum products to Mexico, most of which was motor gasoline (46% of the total), distillate fuel oil (22%), and liquefied petroleum gases (10%).
“While the US is a net exporter of petroleum products to Mexico, the United States also imports some petroleum products from Mexico,” EIA said, adding that, as with crude oil, US imports of petroleum products from Mexico have declined in recent years.
In 2013, the US imported 68,000 b/d of products from Mexico, including residual fuel oil (41%), pentanes plus (24%), and naphtha (15%).
