In 2024, oil exports from Latin America reached *****million barrels per day. This represents a decrease of nearly ***percent in comparison to 2016, when the region's exports registered the peak of the decade, at over *** million daily barrels. Similarly, oil production in Latin America also showed a similar trend during the recent years.
Including crude oil and oil products; excluding biofuels
Supplementary notes
Figures were calculated by Statista based on the values for Mexico and Central and South America provided by the source.
Data refers to inter-regional trade, and excludes intra-area movements (between countries in Central and South America). Exports from Mexico to the rest of Latin America and vice-versa are included.
This statitsic was compiled using several releases of the publication. Figures have been rounded.
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Statista, & Energy Institute. (June 25, 2025). Crude oil exports from Latin America from 2010 to 2024 (in million barrels per day) [Graph]. In Statista. Retrieved July 25, 2025, from https://www.statista.com/statistics/1043825/oil-export-volume-latin-america/
Statista, und Energy Institute. "Crude oil exports from Latin America from 2010 to 2024 (in million barrels per day)." Chart. June 25, 2025. Statista. Accessed July 25, 2025. https://www.statista.com/statistics/1043825/oil-export-volume-latin-america/
Statista, Energy Institute. (2025). Crude oil exports from Latin America from 2010 to 2024 (in million barrels per day). Statista. Statista Inc.. Accessed: July 25, 2025. https://www.statista.com/statistics/1043825/oil-export-volume-latin-america/
Statista, and Energy Institute. "Crude Oil Exports from Latin America from 2010 to 2024 (in Million Barrels per Day)." Statista, Statista Inc., 25 Jun 2025, https://www.statista.com/statistics/1043825/oil-export-volume-latin-america/
Statista & Energy Institute, Crude oil exports from Latin America from 2010 to 2024 (in million barrels per day) Statista, https://www.statista.com/statistics/1043825/oil-export-volume-latin-america/ (last visited July 25, 2025)
Crude oil exports from Latin America from 2010 to 2024 (in million barrels per day) [Graph], Statista, & Energy Institute, June 25, 2025. [Online]. Available: https://www.statista.com/statistics/1043825/oil-export-volume-latin-america/