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.
Crude oil was the world’s number one export product in 2019, outpacing exports of cars in second place. Electronic integrated circuits ranked as the third-most valuable exported commodity on the planet ahead of refined petroleum oils.
As a group, Middle Eastern countries sold an estimated $383.6 billion worth of globally exported crude oil or 38.2% of international sales for all commodities during 2019.
Geographically, $443.1 billion worth of unprocessed petroleum oil came from countries in Asia (44.1%). Suppliers in Europe supplied 19% of the overall total, followed by North America at 15.5% and African nations at 14.5%. Smaller percentages came from Latin America (6.1%) excluding Mexico but including the Caribbean, then Oceania (0.8%) led by Australia.
For research purposes, the 4-digit Harmonized Tariff System code prefix for crude oil is 2709.
Crude Oil Exports by Country
Below are the 15 countries that exported the highest dollar value worth of crude oil during 2019.
- Saudi Arabia: US$133.6 billion (13.3% of exported crude oil)
- Russia: $121.4 billion (12.1%)
- Iraq: $83.3 billion (8.3%)
- Canada: $68.1 billion (6.8%)
- United Arab Emirates: $66.1 billion (6.6%)
- United States: $65.3 billion (6.5%)
- Kuwait: $42 billion (4.2%)
- Nigeria: $41 billion (4.1%)
- Kazakhstan: $33.6 billion (3.3%)
- Angola: $32.3 billion (3.2%)
- Norway: $28.8 billion (2.9%)
- Libya: $24.8 billion (2.5%)
- Brazil: $24 billion (2.4%)
- United Kingdom: $23.7 billion (2.4%)
- Mexico: $22.6 billion (2.2%)
By value, the listed 15 countries shipped 86.7% of globally exported crude oil in 2019.
Among the top exporters, the fastest-growing exporters of crude oil since 2015 were: United States (up 640.5%), Libya (up 267.9%), United Arab Emirates (up 109.4%) and Brazil (up 103.7%).
Angola is the sole major supplier to post a drop in its international sales of crude oil thanks to a -26.4% reduction over the 5-year period.
Please note that the published statistics for Saudi Arabia are strictly estimates, given constraints on source data from that jurisdiction.
Searchable List of Crude Oil Exporting Countries in 2019
You can change the presentation order by clicking the triangle icon at the top of any of the columns below. An entry of 0% in the right-most column means 2018 data was unavailable. 10 25 50 100
| RANK | EXPORTER | CRUDE OIL EXPORTS (US$) | 2018-9 |
| 1. | Saudi Arabia | $133,640,000,000 | +0.01% |
| 2. | Russia | $121,443,990,000 | -5.9% |
| 3. | Iraq | $83,341,284,000 | -9.8% |
| 4. | Canada | $68,066,116,000 | +1.7% |
| 5. | United Arab Emirates | $66,092,938,000 | +13.1% |
| 6. | United States | $65,323,191,000 | +35.4% |
| 7. | Kuwait | $41,954,848,000 | -18.9% |
| 8. | Nigeria | $41,045,144,000 | -5.8% |
| 9. | Kazakhstan | $33,563,062,000 | -11.2% |
| 10. | Angola | $32,346,025,000 | -11.5% |