Oil rig workerGlobal oil and gas exports totaled US$2.066 trillion in 2018, making them the world’s second-most valuable exported product group behind cars. That dollar amount reflects a -37.5% decrease from $2.874 trillion during 2014, but a 15% uptick from 2017 to 2018.
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Crude Oil Exports by Country
Oil rigAmounting to 5% of the worldwide value of all export products, global crude oil shipments totaled an estimated US$1.004 trillion for 2019. That dollar figure reflects a 30.9% increase since 2015 and a 5.4% uptick from 2018 to 2019.
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