Business · Trade · 2 hrs ago
Brazil becomes China's second-largest crude oil supplier
Brazil overtook Saudi Arabia as China's second-largest crude oil supplier in the first nine months of 2026.
The ranking is based on Chinese customs data released on October 20.
It covers crude oil, not other types of oil or energy.
The change means Brazil supplied China more crude than Saudi Arabia during that period.
China is the destination for both countries' crude exports in this comparison.
The data provided no shipment totals, explanation for the shift or indication of what may happen next.
Brazil became China's second-largest crude oil supplier in the first nine months of 2026.
Brazil moved ahead of Saudi Arabia in the ranking.
The ranking is based on Chinese customs data.
The data were released on Tuesday (20) and compiled by Reuters.
- Who
- Brazil and Saudi Arabia.
- What
- Brazil overtook Saudi Arabia to become China's second-largest crude oil supplier.
- When
- In the first nine months of 2026. The data were released on Tuesday (20).
- Where
- China.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Brazil overtook Saudi Arabia in crude oil supplies to China.
Chinese customs data on the ranking were released.
- Brazil's position
- China's second-largest crude oil supplier
- Previous position
- Saudi Arabia was overtaken
- Period covered
- First nine months of 2026
- Data source
- Chinese customs data, compiled by Reuters