China is now the top customer for Canadian oil exported through the Trans Mountain Pipeline following its expansion. This shift, influenced by the U.S.-China trade war and American sanctions on countries like Russia and Venezuela, has led to a significant increase in Canadian oil shipments to China. Since operational capacity tripled in mid-2024, average shipments to China rose from 7,000 to 207,000 barrels per day, while U.S. imports remained stagnant. This development underscores Canada's strategy to diversify its oil export markets amidst uncertain U.S. trade relations.
China's increasing purchases of Canadian oil through the expanded Trans Mountain Pipeline highlight a significant shift in crude flows influenced by U.S. trade policies.
The expansion of the Trans Mountain Pipeline, which tripled capacity, opened Canadian oil to Asian markets at a time when U.S. sanctions on other suppliers prevailed.
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