List of countries by oil exports
This is a list of oil-producing countries by oil exports based on The World Factbook and other Sources.[1] Many countries also import oil, and some import more oil than they export.
Countries by Rank
Rank | Country/Region | Oil - exports (bbl/day) | Date of information |
---|---|---|---|
1 | Saudi Arabia | 10,600,000 | 2018 est. |
2 | Russia | 5,225,000 | 2018 est. |
3 | Iraq | 3,800,000 | 2018 est. |
4 | United States | 3,770,000 | 2017 |
5 | Canada | 3,596,690 | 2018 |
6 | United Arab Emirates | 2,296,473 | 2018 |
7 | Kuwait | 2,050,030 | 2018 |
8 | Nigeria | 1,979,451 | 2018 |
9 | Qatar | 1,477,213 | 2018 |
10 | Angola | 1,420,588 | 2018 |
11 | Kazakhstan | 1,292,000 | 2016 est |
12 | Mexico | 1,285,523 | 2018 |
13 | Venezuela | 1,245,000 | 2018 |
14 | Norway | 1,254,920 | 2018 |
15 | Oman | 1,000,100 | 2018 est. |
16 | Azerbaijan | 813,000 | 2018 est. |
17 | Algeria | 798,900 | 2014 est. |
18 | Iran | 785,000 | 2014 est. |
19 | Colombia | 681,000 | 2015 est. |
20 | United Kingdom | 636,000 | 2016 est. |
21 | Brazil | 518,800 | 2014 est. |
22 | Ecuador | 400,700 | 2014 est. |
23 | Libya | 385,500 | 2014 est. |
24 | Indonesia | 338,100 | 2010 est. |
25 | Equatorial Guinea | 319,100 | 2010 est. |
26 | Australia | 314,100 | 2010 est. |
27 | South Sudan | 291,800 | 2010 est. |
28 | Republic of the Congo | 290,000 | 2011 est. |
29 | Malaysia | 269,000 | 2012 est. |
30 | Gabon | 225,300 | 2010 est. |
31 | Vietnam | 188,000 | 2012 est. |
32 | Yemen | 175,200 | 2010 est. |
33 | Denmark | 155,200 | 2010 est. |
34 | Bahrain | 152,600 | 2012 est. |
35 | Syria | 152,400 | 2010 est. |
36 | Brunei | 147,900 | 2010 est. |
37 | Chad | 125,700 | 2010 est. |
38 | Sudan | 97,270 | 2010 est. |
39 | Argentina | 90,920 | 2010 est. |
40 | Timor-Leste | 87,000 | 2010 est. |
41 | Egypt | 85,000 | 2010 est. |
42 | Cuba | 83,000 | 2012 est. |
43 | Tunisia | 77,980 | 2010 est. |
44 | Trinidad and Tobago | 75,340 | 2010 est. |
45 | Turkmenistan | 67,000 | 2012 est. |
46 | Cameroon | 55,680 | 2010 est. |
47 | New Zealand | 47,290 | 2010 est. |
48 | Netherlands | 35,500 | 2013 est. |
49 | China | 33,000 | 2013 est. |
50 | Thailand | 32,200 | 2011 est. |
51 | Côte d'Ivoire | 32,190 | 2010 est. |
52 | Papua New Guinea | 28,400 | 2010 est. |
53 | Albania | 23,320 | 2013 est. |
54 | Democratic Republic of the Congo | 22,240 | 2010 est. |
55 | Philippines | 20,090 | 2010 est. |
56 | Greece | 17,020 | 2010 est. |
57 | Peru | 15,610 | 2012 est. |
58 | Germany | 14,260 | 2010 est. |
59 | Guatemala | 10,960 | 2010 est. |
60 | Estonia | 7,624 | 2010 est. |
61 | Suriname | 7,621 | 2010 est. |
62 | Mauritania | 7,337 | 2010 est. |
63 | Italy | 6,300 | 2010 est. |
64 | Mongolia | 5,680 | 2010 est. |
65 | Belize | 4,345 | 2010 est. |
66 | Poland | 3,615 | 2011 est. |
67 | Lithuania | 2,181 | 2010 est. |
68 | Ireland | 1,858 | 2010 est. |
69 | Barbados | 765 | 2010 est. |
70 | Georgia | 531 | 2012 est. |
71 | Czech Republic | 404 | 2010 est. |
72 | Slovakia | 263 | 2010 est. |
73 | Bolivia | 61 | 2013 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.[2] 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.[3][4][5] 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.[6] The PRIX index forecasts the effect of political developments on exports from major petroleum-producing countries.[7]
See also
References
- "International - U.S. Energy Information Administration (EIA)".
- Sachs J. D.; Warner A.M. (2001). "The curse of natural resources" (PDF). European Economic Review. 4 (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.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. 3 (1). 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.