Crude oil which is also know a petroleum, is one of the most versatile natural resources in the world. Since ancient times, crude oil has been used for the various purposes but now with the technology advancement, modernization and industrialization the usage of this valuable resource has been significantly increased.

Who Are the Top Exporters/producers Countries of Crude Oil in the World?

1) Saudi Arabia - Saudi Arabia dominates as the top crude oil exporter in the world and accounted the total export of $182 billion in the year 2023. This country has one of the largest proven reserves of crude oil in the world and has been consistently producing and exporting large quantities for decades.

Que. What are the top exporting destination of Crude Oil from Saudi Arabia?

Ans. Top Export destination of Crude Oil from Saudi Arabia are Asian region, mostly China, Japan, and South Korea.

2) Russia – Despite being hit by internation sanctions and political disputes from western countries. Russia remained the second top disturber of Crude oil with value of $115 billion total export in the year 2023.

Que. What are the top exporting destination of Crude Oil fromRussia ?
Ans. Top Export destination of Crude Oil from Russia China, Germany, Netherlands.

3) Iraq – Iraq holds the position in the top 3 exporters of Crude oil in the world. The country accounted the total export value of $82 billion in 2023. The country has large proven reserves but due to political issues and instability within its their boards the country faced challenges.

Que. What are the top exporting destination of Crude Oil from Iraq?
Ans. Top Export destination of Crude Oil from Iraq China, India, USA

4) Canada – Among G7 Nations Canada considered as one of the strongest economies. In sustaining Canada’s growth, crude oil supply/export plays a vital role for their economy. Canada exports approx. $78 billion worth mainly to the USA in the 2023.

Que. What are the top exporting destination of Crude Oil fromCanada ?
Ans. Top Export destination of Crude Oil from Canada USA, China, Japan

5) United Arab Emirates (UAE) –This country attained its position in the top 5 exporters of Crude oil in the world. Country exporting the value of $68 billion crude oil in 2023. UAE heavily invest in oil and gas industries and this makes the country top producers and exporters in the Middle East.

Que. What are the top exporting destination of Crude Oil fromUAE ?
Ans. Top Export destination of Crude Oil from UAE China, India Japan
 
WHO ARE THE TOP EXPORTING COMPANIES OF CRUDE OIL IN THE WORLD ?

• Saudi Aramco
• Russian Rosneft
• National Iranian Oil Company (NIOC)
• ExxonMobil
• Kuwait Petroleum Corporation (KPC)

FREQUENTLY ASKED QUESTIONS

Que. How to get more data on Crude Oil Export and Imports?
Ans. You can subscribe at Import Globals to obtained Global Import Export Statistics on Crude Oil.

Que. Who is the top exporter of Crude Oil?
Ans. Saudi Arabia and Russia are the top exporter of Crude Oil.

Que. Do you have Customs Data of Crude Oil top exporters?
Ans. Yes, Import Globals have Customs Data of Crude Oil top exporting countries.

Que. Who is the leading export company of Crude Oil.
Ans. Saudi Aramco is the leading producer of Crude Oil.

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