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1. • $124 billion

     • In 2023, crude oil exports amounted to 81% of the country's total crude oil production 1 2. These exports were valued at $124 billion, representing 16% of Canada's total export value 3.
     www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2024/market-snapshot-almost-all-canadian-crude-oil-exports-went-to-the-united-states-in-2023.html

     Market Snapshot: Almost all Canadian crude oil exports went ...

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   What happened to Canadian crude oil exports in 2023?

   • Canadian exports of crude oil and equivalent products also reached a record high in 2023. Steadily rising since 2021, crude oil exports totalled 230.0 million cubic metres, up 3.2% from 2022. As more Canadian crude oil was exported, stocks diminished throughout 2023.

   Record high crude oil production largely driven by oil sands: Crude oil

   www.statcan.gc.ca/o1/en/plus/5781-record-high-crude-oil-production-largely-driven-oil-sands-crude-oil-year-review-2023

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   How did crude oil exports grow in 2023?

   • Crude oil exports continued to grow in 2023, reaching a record high of 4 million barrels per (MMb/d), an increase of 3% from 2022. This growth was supported by record high Canadian oil production in 2023. In 2023, crude oil exports amounted to 81% of the country's total crude oil production 1 2.

   Market Snapshot: Almost all Canadian crude oil exports went to the

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2024/market-snapshot-almost-all-canadian-crude-oil-exports-went-to-the-united-states-in-2023.html

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   How much oil does Canada export a year?

   • In 2023, Canadian crude oil exports were $139 billion, while natural gas exports were $13 billion. From 2010 to 2021, combined crude oil and natural gas exports have ranged from approximately $50 to $120 billion per year, depending on commodity prices, before reaching a record high of roughly $188 billion in 2022.

   Canadian Exports of Crude Oil and Natural Gas | CAPP

   www.capp.ca/wp-content/uploads/2024/03/Canadian-Exports-of-Crude-Oil-and-Natural-Gas.pdf

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   Why did Canadian oil prices peak in September 2023?

   • Coinciding with some of these turnarounds in the third quarter, Canadian prices for crude oil and bitumen peaked in September 2023. Crude oil producers ramped up output at the end of the year in preparation for the upcoming completion of the Trans Mountain pipeline expansion, which will increase export capacity in 2024.

   Record high crude oil production largely driven by oil sands: Crude oil

   www.statcan.gc.ca/o1/en/plus/5781-record-high-crude-oil-production-largely-driven-oil-sands-crude-oil-year-review-2023

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3. www.cer-rec.gc.ca › en › data-analysisMarket Snapshot: Almost all Canadian crude oil exports went ...

   www.cer-rec.gc.ca › en › data-analysis

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   Aug 21, 2024 · Crude oil exports continued to grow in 2023, reaching a record high of 4 million barrels per (MMb/d), an increase of 3% from 2022. This growth was supported by record high Canadian oil production in 2023. In 2023, crude oil exports amounted to 81% of the country's total crude oil production 1 2.

4. www.ceicdata.com › canada › crude-oil-exportsCanada Crude Oil: Exports, 1980 – 2024 | CEIC Data

   www.ceicdata.com › canada › crude-oil-exports

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   Jun 1, 2018 · Canada Crude Oil: Exports data is updated yearly, averaging 1,166.833 Barrel/Day th from Dec 1980 to 2023, with 44 observations. The data reached an all-time high of 3,401.265 Barrel/Day th in 2023 and a record low of 163.028 Barrel/Day th in 1981.

   Balance Of Payments	Last	Frequency	Range
   Insolvency Statistics: Bankruptcy (Unit)	2,874.000 Jul 2024	monthly	Jan 2011 - Jul 2024
   Direct Investment Abroad: Mining & Oil ...	240,699.000 2023	yearly	1999 - 2023
   Direct Investment Abroad: Finance & ...	717,428.000 2023	yearly	1999 - 2023
   Direct Investment Abroad: Information & ...	64,456.000 2023	yearly	1999 - 2023

   See full list on ceicdata.com

5. www.capp.ca › wp-content › uploadsCanadian Exports of Crude Oil and Natural Gas - CAPP

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   In 2023, Canadian crude oil exports were $139 billion, while natural gas exports were $13 billion. From 2010 to 2021, combined crude oil and natural gas exports have ranged from approximately $50 to $120 billion per year, depending on commodity prices, before reaching a record high of roughly $188 billion in 2022.

6. www.statista.com › canada-exports-of-crude-oilCanada: oil exports 2023 | Statista

   www.statista.com › canada-exports-of-crude-oil

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   Jul 16, 2024 · In 2023, Canada exported about 4.84 million barrels of oil per day, an increase of nearly 3.4 percent in comparison to the previous year and the highest recorded value within the period of...

7. www.statcan.gc.ca › o1 › enRecord high crude oil production largely driven by oil sands ...

   www.statcan.gc.ca › o1 › en

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   Mar 7, 2024 · Canadian exports of crude oil and equivalent products also reached a record high in 2023. Steadily rising since 2021, crude oil exports totalled 230.0 million cubic metres, up 3.2% from 2022. As more Canadian crude oil was exported, stocks diminished throughout 2023.

8. www.international.gc.ca › q4-2023Quarterly economic and trade report – Q4 2023

   www.international.gc.ca › q4-2023

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   Canada’s goods and service exports to the world rose 1.7% in the 4th quarter of 2023, with growth in services (+2.4%) outpacing goods (+1.5%). Energy exports, particularly crude oil volumes, contributed heavily to overall growth. Additionally, spending by foreign visitors to Canada bolstered travel services exports.

9. www.cer-rec.gc.ca › en › data-analysisMarket Snapshot: Crude oil imports rose slightly in 2023, for ...

   www.cer-rec.gc.ca › en › data-analysis

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   Jun 12, 2024 · In 2023, 72.4% of Canada’s oil imports originated from the U.S., compared to 72.0% in 2022 and 65.7% in 2021. Most of the crude oil imported from the U.S. comes from the Gulf Coast at 68.8% in 2023, followed by the Midwest regions at 30.1%.