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(Nasdaq, Dec 24, 2006) China's crude oil imports in November surged 30.9% from the same month last year to 13.54 million metric tons, or an average of 3.31 million barrels a day, data from the General Administration of Customs showed Monday.
November's crude imports were the highest of any month so far this year and reversed a year-on-year drop in October of 3.8%.
China's crude exports in November fell 63.9% to 342,455 tons, or 836,73 b/d, a turnaround from October's sharp increase of 134.8%.
The upturn in imports and drop in exports are a reflection of China's increased crude demand during winter.
The country's crude imports during January to November rose 15.6% from the same period last year to 133.61 million tons, or 2.93 million b/d.
Crude exports during the 11 months fell 19.7% to 5.43 million tons, or 119,167 b/d.
China's Crude Oil Import Data For November (in metric tons)
Nov % Change Jan-Nov % Change
On Year On Year
Brunei N.A. N.A. 418,149 -16.6%
Indonesia 178,488 -53.5% 2,062,955 -45.4%
Iran 1,321,658 +11.6% 16,034,040 +15.7%
Iraq 141,922 N.A. 910,955 -22.1%
Kuwait 441,956 N.A. 2,642,676 +60.5%
Malaysia N.A. N.A. 113,364 -43.2%
Mongolia 5,097 +405.8% 41,505 +99.1%
Oman 1,015,308 +105.7% 11,540,110 +17.4%
Philippines N.A. N.A. 37,741 -47.4%
Qatar N.A. N.A. 333,555 -2.8%
Saudi Arabia 2,075,370 -1.2% 21,404,137 +6.9%
Thailand 136,066 +84.8% 1,073,944 -5.5%
UAE 348,370 +164.1% 2,909,090 +25.9%
Yemen 427,750 -12.7% 4,459,682 -26.3%
Vietnam 82,990 -73.3% 873,437 -70.9%
Kazakhstan 381,849 +436.2% 2,638,010 +128.9%
Algeria N.A. -100.0% 256,724 -68.7%
Angola 2,250,320 +34.9% 21,840,188 +41.8%
Chad 55,022 N.A. 553,727 +1.1%
Congo 438,298 -42.6% 5,036,482 -3.8%
Egypt N.A. N.A. 71,291 -10.6%
Equatorial Guinea 437,183 +3.0% 4,520,500 +37.2%
Gabon N.A. N.A. 802,172 N.A.
Ivory Coast N.A. N.A. 143,746 N.A.
Libya 151,536 +116.3% 3,270,358 +58.3%
Mauritania N.A. N.A. 683,903 N.A.
Nigeria 139,507 N.A. 451,949 -63.4%
South Africa 55,089 N.A. 99,778 N.A.
Sudan 1,102,890 +180.3% 3,650,785 -41.1%
Norway N.A. N.A. 280,811 -30.8%
Russia 1,026,125 -22.3% 14,853,070 +28.6%
Argentina 427,225 N.A. 1,569,840 +80.2%
Brazil 206,978 +47.8% 2,082,064 +69.1%
Colombia N.A. N.A. 94,128 N.A.
Cuba N.A. N.A. 57,896 N.A.
Ecuador 59,846 N.A. 108,486 +16.6%
Guatemala N.A. N.A. 99,942 N.A.
Peru 229,170 N.A. 1,024,122 N.A.
Venezuela 402,107 +191.4% 4,200,751 +252.6%
Canada N.A. N.A. 43,729 +4,168,577.7%
Australia N.A. N.A. 320,535 +37.9%
Total 13,538,120 +30.9% 133,610,339 +15.6%
China's Crude Oil Export Data For November (in metric tons)
Nov % Change Jan-Nov % Change
On Year On Year
North Korea 47,009 +14.5% 475,336 +0.5%
Indonesia N.A. -100.0% 822,148 -44.5%
Japan N.A. -100.0% 642,336 -18.2%
Malaysia N.A. -100.0% 147,658 -69.4%
Singapore 45,831 -53.4% 474,623 +9.8%
South Korea 71,457 -36.8% 1,663,617 -5.7%
Thailand N.A. N.A. 7,905 -86.5%
USA 178,158 +19.5% 1,084,077 +16.4%
Australia N.A. -100.0% 113,320 -67.6%
Total 342,455 -63.9% 5,431,020 -19.7%
Source:Nasdaq |