List of countries by oil exports
 | This article needs to be updated. (July 2023) |
This is a list of oil-producing countries by oil exports based on The World Factbook[1] and other Sources.[2] Many countries also import oil, and some import more oil than they export.
Countries by rank[edit]
In 2022, Saudi Arabia was the largest exporter of petroleum, followed by Russia and Iraq. Other major exporters of petroleum in that year included the United States, Canada and United Arab Emirates.
| Country | Oil exports (bbl/day) | Date of information |
|---|---|---|
 Saudi Arabia (OPEC) |
7,364,000 | 2022 est. |
 Russia |
4,780,000 | 2022 est. |
 Iraq (OPEC) |
3,712,000 | 2022 est. |
 United States |
3,604,000 | 2022 |
 Canada |
3,350,000 | 2022 |
 United Arab Emirates (OPEC) |
2,717,000 | 2022 |
 Kuwait (OPEC) |
1,879,000 | 2022 |
 Norway |
1,558,000 | 2022 |
 Nigeria (OPEC) |
1,388,000 | 2022 |
 Kazakhstan |
1,315,000 | 2022 est |
 Mexico |
1,198,511 | 2020 |
 Angola (OPEC) |
1,085,000 | 2022 |
 Libya (OPEC) |
920,000 | 2022 est. |
 Iran (OPEC) |
901,000 | 2022 |
 Oman |
859,883 | 2020 est. |
 Brazil |
832,473 | 2016 est. |
 Azerbaijan |
813,000 | 2018 est. |
 United Kingdom |
724,334 | 2020 est. |
 Colombia |
540,959 | 2020 est. |
 Qatar |
502,801 | 2020 |
 Algeria (OPEC) |
477,000 | 2022 |
 Venezuela (OPEC) |
438,000 | 2022 est. |
 Ecuador |
361,820 | 2020 est. |
 Australia |
92,909 | 2020 est. |
 Equatorial Guinea (OPEC) |
81,000 | 2022 est. |
 Indonesia |
253,157 | 2020 est. |
 South Sudan |
291,800 | 2010 est. |
 Congo (OPEC) |
243,000 | 2022 est. |
 Malaysia |
280,000 | 2021 est. |
 Gabon (OPEC) |
185,000 | 2022 est. |
 Vietnam |
113,497 | 2020 est. |
 Denmark |
78,070 | 2016 est. |
 Yemen |
8,875 | 2016 est. |
 Bahrain |
154,691 | 2016 est. |
 Syria |
6,580 | 2019 est. |
 Brunei |
82,333 | 2020 est. |
 Chad |
97,079 | 2016 est. |
 Sudan |
135,431 | 2020 est. |
 Argentina |
90,920 | 2010 est. |
 Timor-Leste |
87,000 | 2010 est. |
 Egypt |
102,750 | 2020 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 |
42,390 | 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. |
 Greece |
21,551 | 2021 est. |
 Philippines |
20,090 | 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. |
 Czechia |
404 | 2010 est. |
 Slovakia |
263 | 2010 est. |
 Bolivia |
61 | 2013 est. |
 DR Congo |
0 | 2010 est. |
Oil export revenues[edit]
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[edit]
- List of countries by oil production
- List of countries by exports
- List of countries by net oil exports
- List of countries by proven oil reserves
- Petrodollar recycling
- World energy resources
- Energy development
References[edit]
- ^ Ranking – The World Factbook
- ^ "Data download".
- ^ Sachs J. D.; Warner A.M. (2001). "The curse of natural resources" (PDF). European Economic Review. Vol. 4, no. 45. Archived from the original (PDF) on 2017-05-17. Retrieved 2016-07-13.
- ^ Humphreys, M., Sachs, J. and Stiglitz, J. E. (2007). "Escaping the resource curse". European economic review. Cambridge University Press.
{{cite news}}: CS1 maint: multiple names: authors list (link) - ^ Tietenberg, T. H.; Lewis, L. (2000). "Environmental and natural resource economics".
- ^ Ross, M. L. (2003). "The natural resource curse: How wealth can make you poor". European Economic Review.
- ^ Wilson, E.; Stammler, F. (2015). "Beyond extractivism and alternative cosmologies: Arctic communities and extractive industries in uncertain times". European Economic Review. Vol. 3, no. 1. pp. 1–8. doi:10.1016/j.exis.2015.12.001.
- ^ "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.