India, World's Fourth Largest Oil Importer



5. Germany

Net oil import (2011): 2.3 million barrels per day

Global rank: 4

Germany has a social market economy with a highly qualified labour force, a large capital stock, a low level of corruption, and a high level of innovation. It has the largest national economy in Europe, the fourth largest by nominal GDP in the world, and the fifth largest by PPP in 2009. The service sector contributes approximately 71 percent of the total GDP, industry 28 percent, and agriculture 1 percent. The official average national unemployment rate in May 2012 was 6.7 percent.  However, the official average national unemployment rate also includes people with a part-time job that are looking for a full-time job. The unofficial average national unemployment rate in 2011 was 5.7 percent.

6. South Korea

Net oil import (2011): 2.2 million barrels per day

Global rank: 6

South Korea has a market economy which ranks 14th in the world by nominal GDP and 12th by purchasing power parity (PPP), identifying it as one of the G-20 major economies. It is a high-income developed country and is a member of OECD. It is the most industrialised member country of the OECD. South Korea is the only developed country so far to have been included in the group of Next Eleven countries. South Korea had one of the world's fastest-growing economies from the early 1960s to the late 1990s, and South Korea is still one of the fastest-growing developed countries in the 2000s, along with Hong Kong, Singapore, and Taiwan, the other three Asian Tigers. South Koreans refer to this growth as the Miracle on the Han River.  The South Korean economy is heavily dependent on international trade, and in 2010 South Korea was the sixth largest exporter and tenth largest importer in the world.