The countries who are reserved with mineral fuels have emerged as a major players in the global export market. These countries not only fulfil the high demand of mineral fuels but also generates the highest revenue through exports.

Which Countries Are Leading Exporters of Mineral Fuels in 2023?

1. Russia - $410 billion

Russia is the world's largest exporter of mineral fuels with a total value of $410 billion in 2023. The country has vast reserves of oil and natural gas, making it a major player in the global energy market.

2. Saudi Arabia - $305 billion

Saudi Arabia is not only known for its oil-rich landscape but also for being one of the top exporters of mineral fuels with a value of $305 billion in 2023. The country holds about 16% of the world's proven oil reserves.

3. United States - $225 billion

The United States is currently experiencing an energy revolution thanks to advancements in technology such as hydraulic fracturing or "fracking". This has allowed them to tap into previously inaccessible shale gas deposits leading to an increase in their exports with a value of $225 billion in 2023.

4. Iraq - $180 billion

Iraq ranks fourth on our list with mineral fuel exports valued at $180 billion in 2023. The country has been steadily increasing its production since 2014 and is expected to become one of the top exporters in the coming years.

5. Canada - $155 billion

Canada is a major producer of crude oil and natural gas and has been steadily increasing its exports with a value of $155 billion in 2023.

6. United Arab Emirates - $145 billion

The UAE has emerged as a key player in the global energy market with mineral fuel exports worth $145 billion in 2023. It is home to the world's seventh-largest oil reserves.

7. Kuwait - $130 billion

Kuwait ranks seventh on our list with mineral fuel exports valued at $130 billion in 2023. The country holds about 6% of the world's proven oil reserves.

What Are the Top Export Destination of Mineral Fuels (Top Importers) 2023?

FREQUENTLY ASKED QUESTIONS?

Que. How to obtain more information on Mineral Fuels Exporters and Importers?
Ans. You can subscribe to Import Globals to obtain detailed information about global Importers and Exporters of Mineral Fuels.

Que. Do you have Russia Export data of Mineral Fuels?
Ans. Yes, We have Russia Export data which is the leading Exporter of Mineral Fuels.

Que. What information is available in the Import Export Data of Mineral Fuels?
Ans. You can get all necessary information on Mineral Fuels Exports and Imports Trade transactions from origin to another.

Que. Does this data contains Importers and Exporters company information?
Ans. Yes, the data is available with Buyers and suppliers company details.

Que. Who is the leading Exporter of Mineral Fuels in the recent year?
Ans. Russia is the leading Exporter of Mineral Fuels followed by Saudi Arabia and United States.

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