Taiwan Oil

Summary Table

  Barrels Global Rank
2,380,000 94th in the world

  Barrels per Day Global Rank
29,504 73rd in the world
981,203 21st in the world
Daily Deficit
Oil Imports
Oil Exports
(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Reserves in Taiwan

See also: List of countries by Oil Reserves

Taiwan holds 2,380,000 barrels of proven oil reserves as of 2016, ranking 94th in the world and accounting for about 0.000% of the world's total oil reserves of 1,650,585,140,000 barrels.

Total Oil Reserves in Taiwan are less than even a single year of oil consumption (358,139,095 barrels as of 2016), making Taiwan highly dependent on oil imports in order to substain its consumption levels.

Oil Reserves
2,380,000 barrels
Global Rank: 94th | Share of World: 0.000 %
0 years of oil left
(at current consumption levels)

History of Oil Reserves in Taiwan

Oil Consumption in Taiwan

See also: List of countries by Oil Consumption

  • Taiwan consumes 981,203 barrels per day (B/d) of oil as of the year 2016.
  • Taiwan ranks 21st in the world for oil consumption, accounting for about 1.0% of the world's total consumption of 97,103,871 barrels per day.
  • Taiwan consumes 1.75 gallons of oil per capita every day (based on the 2016 population of 23,594,471 people), or 638 gallons per capita per year (15 barrels). [1 barrel = 42 US Gallons]

Oil Production in Taiwan

See also: List of countries by Oil Production

  • Taiwan produces 29,504.00 barrels per day of oil (as of 2016) ranking 73rd in the world.
  • Taiwan produces every year an amount equivalent to 452.5% of its total proven reserves (as of 2016).

Oil Imports

  • Taiwan imports 83% of its oil consumption (811,120 barrels per day in 2016).

History of Oil Consumption and Production

See also