In 2022, the import value of crude oil from Saudi Arabia to Japan exceeded 5.3 trillion Japanese yen, nearly doubling compared to the approximately 2.77 trillion Japanese yen in the previous year. Around 40 percent of the total import value of crude oil to Japan derived from Saudi Arabia. Since Japan lacks domestic reserves of fossil fuels, it is highly dependent on imports.
Import value of crude oil to Japan in 2022, by main country
(in billion Japanese yen)
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Ministry of Finance Japan. (February 20, 2024). Import value of crude oil to Japan in 2022, by main country (in billion Japanese yen) [Graph]. In Statista. Retrieved January 24, 2025, from https://www.statista.com/statistics/1237318/japan-crude-oil-import-value-by-country/?__sso_cookie_checker=failed
Ministry of Finance Japan. "Import value of crude oil to Japan in 2022, by main country (in billion Japanese yen)." Chart. February 20, 2024. Statista. Accessed January 24, 2025. https://www.statista.com/statistics/1237318/japan-crude-oil-import-value-by-country/?__sso_cookie_checker=failed
Ministry of Finance Japan. (2024). Import value of crude oil to Japan in 2022, by main country (in billion Japanese yen). Statista. Statista Inc.. Accessed: January 24, 2025. https://www.statista.com/statistics/1237318/japan-crude-oil-import-value-by-country/?__sso_cookie_checker=failed
Ministry of Finance Japan. "Import Value of Crude Oil to Japan in 2022, by Main Country (in Billion Japanese Yen)." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/1237318/japan-crude-oil-import-value-by-country/?__sso_cookie_checker=failed
Ministry of Finance Japan, Import value of crude oil to Japan in 2022, by main country (in billion Japanese yen) Statista, https://www.statista.com/statistics/1237318/japan-crude-oil-import-value-by-country/?__sso_cookie_checker=failed (last visited January 24, 2025)
Import value of crude oil to Japan in 2022, by main country (in billion Japanese yen) [Graph], Ministry of Finance Japan, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/1237318/japan-crude-oil-import-value-by-country/?__sso_cookie_checker=failed
