Vietnam Oil

Oil Reserves in Vietnam (2025)

See also: List of countries by Oil Reserves

Vietnam holds 4,400,000,000 barrels of proven oil reserves as of 2025, ranking #25 in the world and accounting for about 0.25% of the world's total oil reserves of 1,765,151,568,000.

Vietnam has proven reserves equivalent to 21.7 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 22 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Vietnam

Oil Consumption in Vietnam (2024)

See also: List of countries by Oil Consumption

• Vietnam consumes 555,218 barrels per day (B/d) of oil as of the year 2024.
• Vietnam ranks #32 in the world for oil consumption, accounting for about 0.54% of the world's total consumption of 102,559,503 barrels per day.
• Vietnam consumes 0.23 gallons of oil per capita every day (based on the 2024 population of 100,987,686 people), or 84 gallons per capita per year (2 barrels). [1 barrel = 42 US Gallons]

Oil Production in Vietnam (2024)

See also: List of countries by Oil Production

• Vietnam produces 197,167 barrels per day of oil (as of 2024) ranking #37 in the world.
• At 2024 production levels, Vietnam produces every year about 1.64% of its proven reserves ( 2025).

Oil Imports (2018)

• In 2018, Vietnam imported 8% of its oil consumption (36,660 barrels per day out of 485,238 consumed).

History of Oil Consumption and Production