List of countries by oil exports

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A world map of countries by oil exportation, 2006.
Trends in the top five crude oil-exporting countries, 1980–2012
OPEC oil exports and production

This is a list of oil-producing countries by oil exports based on The World Factbook [1] and other Sources.[1] Many countries also import oil, and some import more oil than they export.

The United States Energy Information Administration (EIA) has reported data for 2020 exports by the ten leading exporters. The U.S. and Saudi Arabia ranked first and second followed in order by Russia, Canada, China, Iraq, United Arab Emirates, Brazil, Iran, and Kuwait.[2]

Countries by rank[]

Country/Region Oil exports (bbl/day) Date of information
 Saudi Arabia 10,600,000 2018 est.
 Russia 5,225,000 2018 est.
 Iraq 3,800,000 2018 est.
 United States 3,770,000 2017
 Canada 3,596,690 2018
 United Arab Emirates 2,296,473 2018
 Kuwait 2,050,030 2018
 Nigeria 1,979,451 2018
 Qatar 1,477,213 2018
 Angola 1,420,588 2018
 Kazakhstan 1,292,000 2016 est
 Mexico 1,285,523 2018
 Venezuela 1,245,000 2018
 Norway 1,254,920 2018
 Oman 1,000,100 2018 est.
 Azerbaijan 813,000 2018 est.
 Algeria 798,900 2014 est.
 Iran 785,000 2014 est.
 Colombia 681,000 2015 est.
 United Kingdom 636,000 2016 est.
 Brazil 518,800 2014 est.
 Ecuador 400,700 2014 est.
 Libya 385,500 2014 est.
 Indonesia 338,100 2010 est.
 Equatorial Guinea 319,100 2010 est.
 Australia 314,100 2010 est.
 South Sudan 291,800 2010 est.
 Republic of the Congo 290,000 2011 est.
 Malaysia 269,000 2012 est.
 Gabon 225,300 2010 est.
 Vietnam 188,000 2012 est.
 Yemen 175,200 2010 est.
 Denmark 155,200 2010 est.
 Bahrain 152,600 2012 est.
 Syria 152,400 2010 est.
 Brunei 147,900 2010 est.
 Chad 125,700 2010 est.
 Sudan 97,270 2010 est.
 Argentina 90,920 2010 est.
 Timor-Leste 87,000 2010 est.
 Egypt 85,000 2010 est.
 Cuba 83,000 2012 est.
 Tunisia 77,980 2010 est.
 Trinidad and Tobago 75,340 2010 est.
 Turkmenistan 67,000 2012 est.
 Cameroon 55,680 2010 est.
 New Zealand 47,290 2010 est.
 Netherlands 35,500 2013 est.
 China 33,000 2013 est.
 Thailand 32,200 2011 est.
 Côte d'Ivoire 32,190 2010 est.
 Papua New Guinea 28,400 2010 est.
 Albania 23,320 2013 est.
 Democratic Republic of the Congo 22,240 2010 est.
 Philippines 20,090 2010 est.
 Greece 17,020 2010 est.
 Peru 15,610 2012 est.
 Germany 14,260 2010 est.
 Guatemala 10,960 2010 est.
 Estonia 7,624 2010 est.
 Suriname 7,621 2010 est.
 Mauritania 7,337 2010 est.
 Italy 6,300 2010 est.
 Mongolia 5,680 2010 est.
 Belize 4,345 2010 est.
 Poland 3,615 2011 est.
 Lithuania 2,181 2010 est.
 Ireland 1,858 2010 est.
 Barbados 765 2010 est.
 Georgia 531 2012 est.
 Czech Republic 404 2010 est.
 Slovakia 263 2010 est.
 Bolivia 61 2013 est.

Oil export revenues[]

Academic contributions have written about differences in petroleum revenue management in various countries. Many scholars see the natural resource wealth in some countries as a natural resource blessing, while in others it has been referred to as a natural resource curse.[3] A vast body of resource curse literature has studied the role of governance regimes, legal frameworks and political risk in building an economy based on natural resource exploitation.[4][5][6] However, whether it is seen as a blessing or a curse, the recent political decisions regarding the future of petroleum production in many countries were given an extractivist direction, thus also granting a status quo to the exploitation of natural resources.[7] The PRIX index forecasts the effect of political developments on exports from major petroleum-producing countries.[8]

See also[]

References[]

  1. ^ "International - U.S. Energy Information Administration (EIA)".
  2. ^ Alexandra Twin, “World's Top 10 Oil Exporters,” ‘’INVESTOPEDIA’’ 7 June 2021
  3. ^ Sachs J. D.; Warner A.M. (2001). "The curse of natural resources" (PDF). European Economic Review. 4 (45). Archived from the original (PDF) on 2017-05-17. Retrieved 2016-07-13.
  4. ^ Humphreys, M., Sachs, J. and Stiglitz, J. E. (2007). "Escaping the resource curse". European economic review. Cambridge University Press.CS1 maint: multiple names: authors list (link)
  5. ^ Tietenberg, T. H.; Lewis, L. (2000). "Environmental and natural resource economics".
  6. ^ Ross, M. L. (2003). "The natural resource curse: How wealth can make you poor". European Economic Review.
  7. ^ Wilson, E.; Stammler, F. (2015). "Beyond extractivism and alternative cosmologies: Arctic communities and extractive industries in uncertain times". European Economic Review. 3 (1). doi:10.1016/j.exis.2015.12.001.
  8. ^ "Nuclear Negotiations, Restructuring at Chevron and a New Political Risk Index for Oil Markets". Alberta Oil Magazine. 2015-06-29. Archived from the original on 2015-12-20. Retrieved 2015-09-26.
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