Oil industry in Latin America

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Statista Dossier on the Latin American crude oil industry

This dossier presents statistics about the oil industry in Latin America. The region is home to nearly twenty percent of the world's oil reserves. This document provides an overview of Latin America's position in the global petroleum market, as well as key data on oil reserves, production, foreign trade, oil prices, and the major players involved.

Table of contents

  • 1. Global Overview
    • Oil - global reserves by region 1992-2019

    • Global oil reserves share by leading country 2019

    • Global oil production share by region 2010-2019

    • Number of oil and gas rigs by world region November 2020

    • Oil exporters worldwide by region in 2019

    • Leading crude oil importers worldwide 2019

    • Largest oil consumption worldwide by country 2019

  • 2. Crude Oil Prices
    • Venezuela: average Merey crude oil price 2019-2020

    • Ecuador: average Oriente crude oil price 2019-2020

    • Mexico: crude oil export prices 2020

    • Brazil: crude oil export prices 2019-2021

  • 3. Reserves and Production
    • Latin America: proved crude oil reserves 2019, by country

    • Central and South America: crude oil reserves 1990-2019

    • Latin America: oil production 2009-2019

    • Latin America: leading countries in petroleum production 2019

    • Brazil: oil production 2008-2019

    • Mexico: oil production 2008-2019

    • Venezuela: oil production 2008-2019

    • Colombia: oil production 2009-2019

  • 4. Foreign Trade
    • Latin America: oil export volume 2010-2019

    • Brazil: petroleum export value 2010-2020

    • Pemex: crude oil export value 2009-2019

    • Venezuela: petroleum industry export value 2010-2018

    • Colombia: crude oil export value 2013-2019

    • Brazil: crude oil import value 2010-2020

    • Chile: petroleum import value 2015-2019

    • Venezuela: petroleum industry import value 2010-2018

  • 5. Major Players
    • Latin America: top national oil companies 2018, by revenue

    • Petrobras' revenue 2009-2020

    • Pemex: net sales 2009-2019

    • PDVSA: sales revenue 2015-2018

    • YPF : annual revenue 2015-2019

    • Ecopetrol: sales revenue 2014-2019

    • EP Petroecuador: annual revenue 2014-2018

    • ENAP: revenue 2015-2019

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