According to the United States Energy Information Administration (EIA), the US trade gap for energy products has narrowed since 2003, as domestic energy production has cut imports since 2011. In 2017, energy imports were only 1.5 times greater than exports, whereas they were about 10 times greater over the 2003-2007 period.
The primary US energy import remains crude oil, which stands for roughly two-thirds of the total energy import value. Besides, petroleum products including diesel fuels, gasoline and liquefied petroleum gas (LPG) account for 20% of the total.
The main US energy trading partner are Canada and Saudi Arabia: 2017 energy imports from Canada were valued at US$73bn while Saudi Arabia and Venezuela provided the second and third volumes of imports. In total, seven countries represented 72% of the US energy imports in 2017: Canada, Saudi Arabia, Venezuela, Mexico, Iraq, Columbia and Russia. In all these countries, crude oil is the dominant import except for Russian which supplies mostly petroleum products to the US.
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