In 2023, Brazil was the largest crude oil producing country in Latin American and the Caribbean, with an average output of over 3.4 million barrels per day. Mexico followed, with around 1.9 million daily barrels. Meanwhile, Venezuela trailed in fourth, with some 751 thousand barrels per day, despite having by far the largest crude oil reserves in the region.
Leading countries in crude oil production in Latin America and the Caribbean in 2023
(in 1,000 barrels per day)
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EIA. (May 26, 2024). Leading countries in crude oil production in Latin America and the Caribbean in 2023 (in 1,000 barrels per day) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/961585/latin-america-crude-oil-production-country/
EIA. "Leading countries in crude oil production in Latin America and the Caribbean in 2023 (in 1,000 barrels per day)." Chart. May 26, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/961585/latin-america-crude-oil-production-country/
EIA. (2024). Leading countries in crude oil production in Latin America and the Caribbean in 2023 (in 1,000 barrels per day). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/961585/latin-america-crude-oil-production-country/
EIA. "Leading Countries in Crude Oil Production in Latin America and The Caribbean in 2023 (in 1,000 Barrels per Day)." Statista, Statista Inc., 26 May 2024, https://www.statista.com/statistics/961585/latin-america-crude-oil-production-country/
EIA, Leading countries in crude oil production in Latin America and the Caribbean in 2023 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/961585/latin-america-crude-oil-production-country/ (last visited December 23, 2024)
Leading countries in crude oil production in Latin America and the Caribbean in 2023 (in 1,000 barrels per day) [Graph], EIA, May 26, 2024. [Online]. Available: https://www.statista.com/statistics/961585/latin-america-crude-oil-production-country/
