U.S. crude imports from Guyana rose to record levels in 2025

Jan. 7 (oilnow.gy) U.S. net imports of crude oil from Guyana rose to record levels in 2025, supported by rising offshore production and growing demand from U.S. refiners, according to data from the U.S. Energy Information Administration (EIA).

Based on EIA data for the first 10 months of the year, U.S. net imports from Guyana averaged nearly 200,000 barrels per day, up sharply from 176,000 b/d in 2024, 98,000 b/d in 2023, and 27,000 b/d in 2020, the country’s first year exporting oil.

November and December import data have not yet been released, but the January-October average suggests 2025 will stand as the strongest year on record for U.S. intake of Guyanese crude. The 200,000 b/d average is derived from unweighted monthly figures for the 10 months, pending final data.

In several months during 2025, Guyana ranked among the top five sources of U.S. net crude imports. In October, U.S. net imports from Guyana averaged 216,000 b/d, trailing only Canada, Mexico and Saudi Arabia, placing Guyana fourth for the month.

The rankings reflect net imports, which subtract U.S. crude exports to each country from imports. Guyana does not import crude oil from the United States, meaning its net import figure is effectively equal to its gross exports to the U.S. Other countries may ship larger absolute volumes to the U.S., but also receive U.S. crude exports, reducing their net position.

Guyana’s export growth has been driven by rapid increases in offshore output. All crude production comes from the ExxonMobil-operated Stabroek Block, where partners Hess, owned by Chevron, and CNOOC hold minority stakes.

Installed production capacity offshore Guyana exceeded 900,000 b/d in 2025. Actual output averaged about 699,000 b/d over the first 11 months of the year, with December data still pending, putting national production on course to average more than 700,000 b/d for the year.

Since first oil in December 2019, Guyana has emerged as one of the fastest-growing crude suppliers to the U.S., reshaping Atlantic Basin trade flows and cementing its role as a key source of light to medium sweet crude for U.S. refiners.