China, the world's biggest oil importer
Thursday, 10 Oct 2013 | 2:00 PM ET
CNBC's Sharon Epperson discusses China as the leading oil importer.
China has achieved another world-beating status its leaders don't want: Biggest oil importer.
China passed the United States in September as the world's biggest net oil importer, driven by faster economic growth and strong auto sales, according to U.S. government data released this week.
STR | AFP | Getty Images
Trucks arrive with containers to be loaded on to a ship at the Qingdao port, in northeastern China's Shandong province.
Chinese oil consumption outstripped production by 6.3 million barrels per day, which indicates the country had to import that much to fill the gap, the Energy Information Administration said this week.
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"China's steady growth in oil demand has led it to become the world's largest net oil importer, exceeding the United States in September 2013,'" the agency said in a report. "EIA forecasts this trend to continue through 2014."
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