Crude Oil Exports in 2015

 

Crude oil - exports is the total amount of crude oil exported, in barrels per day (bbl/day).

Oil is the world’s number 1 export product. Amounting to 7.8% of all exports, crude oil exports totaled US$1.451 trillion in 2014.

China leads the world in exports in 2014. China was followed by the United States, with exports valued at 1.6 trillion US dollars, and Germany, with exports valued at 1.5 trillion US dollars. USA has the highest amount of Oil Production after the OPEC Countries. Although the US Oil Production is of massive value yet they are one of the biggest importers of crude Oil as well. 

The Following are the 15 countries that exported the highest dollar volume of Crude oil during 2014-15 (This entry is the total oil exported in barrels per day (bbl/day):-

1. Saudi Arabia: US$268.2 billion (18.5% of total crude oil exports)

2. Russia: $152.6 billion (10.5%)

3. United Arab Emirates: $98 billion (6.8%)

4. Canada: $88.1 billion (6.1%)

5. Iraq: $84.4 billion (5.8%)

6. Nigeria: $76.2 billion (5.3%)

7. Kuwait: $69.3 billion (4.8%)

8. Angola: $61.2 billion (4.2%)

9. Kazakhstan: $53.6 billion (3.7%)

10. Venezuela: $53.3 billion (3.7%)

11. Norway: $44.2 billion (3%)

12. Iran: $41.3 billion (2.8%)

13. Mexico: $36.2 billion (2.5%)

14. Oman: $34.8 billion (2.4%)

15. United Kingdom: $29 billion (2%)

 

 

                                 Oil Exports in Terms of Production Countrywise (2015)

 

Crude Oil Exports 2015

 

Source :- OilandGas360

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