The global export value of mineral fuels from the past few years has been on a steady hike, the crucial key player of the modern world and a leading export of the global trade market has been recording a global export value of around 1.8 trillion US dollars since 2019. Saudi Arabia, Russia, Iraq, Canada, and the United States are some destination estates that have covered more than half of the total global export value of mineral fuels since 2019. The resilience and adaptability of these leading trade destination estates despite the several challenges causing disruptions in the global market estimated rank is one of the key sources why mineral fuels are a leading exporting product in the global market.

The growing domestic and international global acquisitions have boosted the export value of mineral fuels 2023 by a staggering rate of 2.9 trillion US dollars. The increasing demand for energy resources and the growing economic developments of top trade leaders along with appropriate delivery via transportation ports are some reasons that maintain the regulatory movement of mineral fuels.

Top 10 Globally Leading Mineral Fuels Export Variants

The growing mineral fuels industry is representative of the increasing energy acquisitions in different sectors across the globe. According to the Global Mineral Fuels Export Data, the top 10 globally leading mineral fuels export variants of 2023 are,

• Crude Oil – Total value of Crude Oil export in 2023 – 976 billion US dollars.

• Refined Petroleum Products – Total value of Refined Petroleum Products export in 2023 – 580 billion US dollars.

• Natural Gas – Total value of Natural Gas export in 2023 – 478 billion US dollars.

• Coal – Total value of Coal export in 2023 – 424 billion US dollars.

• Liquefied Natural Gas (LNG) – Total value of Liquefied Natural Gas export in 2023 – 350 billion US dollars.

• Bituminous Coal – Total value of Bituminous Coal export in 2023 – 289 billion US dollars.

• Gasoline – Total value of Gasoline export in 2023 – 100 billion US dollars.

• Diesel – Total value of Diesel export in 2023 – 78 billion US dollars.

• Fuel Oil – Total value of Fuel Oil export in 2023 – 54 billion US dollars.

• Jet Fuel – Total value of Jet Fuel export in 2023 – 32 billion US dollars.

Top Leading Global Mineral Fuels Exporters of 2023

Due to the increasing global acquisitions regarding the introduction of mineral fuels in different energy generation industries, the trade management authorities are showing more interest in the global export of mineral fuels. According to the Global Mineral Fuels Trade Data, the top 10 globally leading mineral fuels exporters of 2023 are,

• Saudi Arabia – According to the Saudi Arabia Export Data, the total export value of mineral fuels supplies from Saudi Arabia in 2023 – 872 billion US dollars.

The leading global mineral fuels export variants

1. Anthracite Coal
2. Bituminous Coal
3. Sub-bituminous Coal
4. Lignite
5. Peat

• Russia – According to the Russia Export Data, the total export value of mineral fuels supplies from Russia in 2023 – 645 billion US dollars.

The leading global mineral fuels export variants

1. Coal Briquettes
2. Coking Coal
3. Coke of Coal
4. Semi-coke of Coal
5. Retort Carbon

• Iraq – According to the Iraq Export Data, the total export value of mineral fuels supplies from Iraq in 2023 – 587 billion US dollars.

The leading global mineral fuels export variants

1. Crude Petroleum Oils
2. Natural Gas Condensates
3. Heavy Crude Oil
4. Light Crude Oil
5. Bituminous Mixtures

• United Arab Emirates – According to the United Arab Emirates Export Data, the total export value of mineral fuels supplies from the United Arab Emirates in 2023 – 498 billion US dollars.

The leading global mineral fuels export variants

1. Tar Sands
2. Oil Sands
3. Gasoline
4. Diesel Fuel
5. Jet Fuel

• Canada – According to the Canada Export Data, the total export value of mineral fuels supplies from Canada in 2023 – 376 billion US dollars.

The leading global mineral fuels export variants

1. Kerosene
2. Naphtha
3. Gas Oil
4. Marine Fuel Oil
5. Furnace Oil

• Kuwait – According to the Kuwait Export Data, the total export value of mineral fuels supplies from Kuwait in 2023 – 265 billion US dollars.

The leading global mineral fuels export variants

1. Heating Oil
2. White Spirit
3. Paraffin Wax
4. Petroleum Jelly
5. Lubricating Oils

• United States – According to the USA Export Data, the total export value of mineral fuels supplies from the United States in 2023 – 224 billion US dollars.

The leading global mineral fuels export variants

1. Mineral Turpentine
2. Natural Gas
3. Liquefied Natural Gas
4. Compressed Natural Gas
5. Liquefied Petroleum Gas

• Norway – According to the Norway Export Data, the total export value of mineral fuels supplies from Norway in 2023 – 187 billion US dollars.

The leading global mineral fuels export variants

1. Ethane
2. Propane
3. Butane
4. Isobutane
5. Methane

• Kazakhstan – According to the Kazakhstan Export Data, the total export value of mineral fuels supplies from Kazakhstan in 2023 – 145 billion US dollars.

The leading global mineral fuels export variants

1. Petroleum Coke
2. Calcined Petroleum Coke
3. Carbon Black
4. Activated Carbon
5. Carbon Electrode Paste

• Angola – According to the Angola Export Data, the total export value of mineral fuels supplies from Angola in 2023 – 124 billion US dollars.

The leading global mineral fuels export variants

1. Bitumen
2. Asphalt
3. Asphalt Mixtures
4. Cutback Bitumen
5. Oxidized Bitumen

FAQ’S

Que. What is the top globally leading mineral fuels export of 2023?
Ans. Crude Oil is the top globally leading mineral fuels export of 2023.

Que. What is the total global export trade value of mineral fuels in 2023?
Ans. The total global export trade value of mineral fuels in 2023 is 2.9 trillion US dollars.

Que. Name the top global exporter of mineral fuels in 2023.
Ans. Saudi Arabia is the top global exporter of mineral fuels in 2023.

Que. Where can you get a detailed trade analysis of global mineral fuels exports in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of global mineral fuels exports in 2023.

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