List of countries by oil exports

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.

Crude oil export revenue by country (annually)
A world map of countries by oil exportation, 2020.
Trends in the top five crude oil-exporting countries, 1980–2012
OPEC oil exports and production

Countries by rank

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)7,364,0002022 est.
 Russia4,780,0002022 est.
 Iraq (OPEC)3,712,0002022 est.
 United States3,604,0002022
 Canada3,350,0002022
 United Arab Emirates (OPEC)2,717,0002022
 Kuwait (OPEC)1,879,0002022
 Norway1,558,0002022
 Nigeria (OPEC)1,388,0002022
 Brazil1,346,4172022 est.
 Kazakhstan1,315,0002022 est
 Mexico1,198,5112020
 Angola (OPEC)1,085,0002022
 Libya (OPEC)920,0002022 est.
 Iran (OPEC)901,0002022
 Oman859,8832020 est.
 Azerbaijan813,0002018 est.
 United Kingdom724,3342020 est.
 Colombia540,9592020 est.
 Qatar502,8012020
 Algeria (OPEC)477,0002022
 Venezuela (OPEC)438,0002022 est.
 Ecuador361,8202020 est.
 Australia92,9092020 est.
 Equatorial Guinea (OPEC)81,0002022 est.
 Indonesia253,1572020 est.
 South Sudan291,8002010 est.
 Congo (OPEC)243,0002022 est.
 Malaysia280,0002021 est.
 Gabon (OPEC)185,0002022 est.
 Vietnam113,4972020 est.
 Denmark78,0702016 est.
 Yemen8,8752016 est.
 Bahrain154,6912016 est.
 Syria6,5802019 est.
 Brunei82,3332020 est.
 Chad97,0792016 est.
 Sudan135,4312020 est.
 Argentina90,9202010 est.
 Timor-Leste87,0002010 est.
 Egypt102,7502020 est.
 Cuba83,0002012 est.
 Tunisia77,9802010 est.
 Trinidad and Tobago75,3402010 est.
 Turkmenistan67,0002012 est.
 Cameroon55,6802010 est.
 New Zealand42,3902010 est.
 Netherlands35,5002013 est.
 China33,0002013 est.
 Thailand32,2002011 est.
 Côte d'Ivoire32,1902010 est.
 Papua New Guinea28,4002010 est.
 Albania23,3202013 est.
 Greece21,5512021 est.
 Philippines20,0902010 est.
 Peru15,6102012 est.
 Germany14,2602010 est.
 Guatemala10,9602010 est.
 Estonia7,6242010 est.
 Suriname7,6212010 est.
 Mauritania7,3372010 est.
 Italy6,3002010 est.
 Mongolia5,6802010 est.
 Belize4,3452010 est.
 Poland3,6152011 est.
 Lithuania2,1812010 est.
 Ireland1,8582010 est.
 Barbados7652010 est.
 Georgia5312012 est.
 Czechia4042010 est.
 Slovakia2632010 est.
 Bolivia612013 est.
 DR Congo02010 est.

Oil export revenues

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

References
  1. Ranking – The World Factbook
  2. "Data download".
  3. 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.
  4. 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)
  5. Tietenberg, T. H.; Lewis, L. (2000). "Environmental and natural resource economics".
  6. Ross, M. L. (2003). "The natural resource curse: How wealth can make you poor". European Economic Review.
  7. 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.
  8. "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.
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