Which Country Exports the Most Petroleum Oils and Not Crude Bituminous Minerals Oils in the World?

In 2016, the global petroleum oils and not crude bituminous minerals oils exports totaled X tonnes, increasing by X% against the previous year figure. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013, when exports increased by X% from the previous year level. Global petroleum oils and not crude bituminous minerals oils export peaked in 2016, and are likely to continue its growth in the immediate term.

In value terms, petroleum oils and not crude bituminous minerals oils exports totaled $X in 2016. In general, petroleum oils and not crude bituminous minerals oils exports continue to indicate a slight deduction. Global petroleum oils and not crude bituminous minerals oils export peaked of $X in 2013; however, from 2014 to 2016, it failed to regain its strength.

Top Petroleum Oils and Not Crude Bituminous Minerals Oils Exporting Countries in the World

X. USA (X billion USD)

X. Russia (X billion USD)

X. Netherlands (X billion USD)

X. Singapore (X billion USD)

X. India (X billion USD)

X. South Korea (X billion USD)

X. Saudi Arabia (X billion USD)

X. Belgium (X billion USD)

X. China (X billion USD)

X. Malaysia (X billion USD)

X. Italy (X billion USD)

X. Kuwait (X billion USD)

Petroleum Oils and Not Crude Bituminous Minerals Oils Exports By Country

The U.S. (X tonnes), and Russia (X tonnes) represented roughly X% of total exports of petroleum oils and not crude bituminous minerals oils in 2016. The Netherlands (X tonnes) held the second position in the ranking, followed by Singapore (X tonnes), India (X tonnes), and South Korea (X tonnes). All these countries together held near X% share of total exports. Belgium (X tonnes), China (X tonnes), Saudi Arabia (X tonnes), Malaysia (X tonnes), Kuwait (X tonnes), and Italy (X tonnes) occupied the slight share of total exports.

From 2007 to 2016, the most notable growth rate of petroleum oils and not crude bituminous minerals oils exports, among the main exporting countries, was attained by China (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest petroleum oils and not crude bituminous minerals oils markets worldwide were the U.S. ($X), Russia ($X) and the Netherlands ($X), with a combined X% share of global exports.

The U.S. (+X% per year) recorded the highest rates of growth with regard to the petroleum oils and not crude bituminous minerals oils exports, among the main exporting countries, over the last X year period, while the other global leaders experienced more modest paces of growth.

Petroleum Oils and Not Crude Bituminous Minerals Oils Export Prices By Country

The average petroleum oils and not crude bituminous minerals oils export price stood at $X per tonne in 2016, dropping by -X% against the previous year. Overall, petroleum oils and not crude bituminous minerals oils export price continues to indicate a significant decrease. The pace of growth appeared the most rapid in 2008, when it surged by X% from the previous year level. Over the period under review, average petroleum oils and not crude bituminous minerals oils export price reached its maximum level of $X per tonne in 2012; however, from 2013 to 2016, it failed to regain its strength.

Export prices varied noticeably by country of destination. the country with the highest export prices was Saudi Arabia ($X per tonne), while Russia ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of petroleum oils and not crude bituminous minerals oils export prices was attained by Saudi Arabia (-X% per year), while the other global leaders experienced a decline in the export price figures.

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Source: IndexBox Platform