Vietnam Oil

Summary Table

Barrels Global Rank
Oil Reserves 4,400,000,000 #26 in the world
Barrels per dayGlobal Rank
Oil Production 313,633 #32 in the world
Oil Consumption 478,000 #34 in the world
Daily Deficit −164,367
Oil Imports 8,712
Oil Exports 157,615
Net Exports 148,903
(Data shown in the table is for 2016, the latest year with complete data in all categories)

Oil Reserves in Vietnam

See also: List of countries by Oil Reserves

Vietnam holds 4,400,000,000 barrels of proven oil reserves in the world as of 2016, ranking #26 in the world and accounting for about 0.27% of the world’s total oil reserves of 1,650,585,140,000.

Vietnam has proven reserves equivalent to 25.2 times its annual consumption levels. This means that, without Net Exports, there would be about 25 years of oil left (at current consumption levels and excluding unproven reserves).


Oil Reserves
4,400,000,000 barrels
Global Rank: #26 | Share of World: 0.27%
25 years of oil left
(at current consumption levels)

History of Oil Reserves in Vietnam


Oil Consumption in Vietnam

See also: List of countries by Oil Consumption

  • Vietnam consumes 478,000 barrels per day (B/d) of oil as of the year 2016.

  • Vietnam ranks #34 in the world for oil consumption, accounting for about 0.49% of the world’s total consumption of 97,103,871 barrels per day.

  • Vietnam consumes 0.21 gallons of oil per capita every day (based on the 2016 population of 94,000,117 people), or 78 gallons per capita per year (2 barrels). [1 barrel = 42 US Gallons]

Oil Production in Vietnam

See also: List of countries by Oil Production

  • Vietnam produces 313,633 barrels per day of oil (as of 2016) ranking #32 in the world.

  • Vietnam produces every year an amount equivalent to 2.6% of its total proven reserves (as of 2016).

Oil Exports

  • Vietnam exports 47% of its oil production (148,903 barrels per day in 2016).

History of Oil Consumption and Production


See also

Sources