
That dollar amount reflects a 14.2% increase for worldwide energy exported from 2017 to 2018, but a -26.5% retreat from $2.968 trillion five years earlier in 2014.
Crude plus refined petroleum oils represent roughly four-fifths (79.3%) of all energy exports in 2018. Then came exported gas (13.1%), coal (5.7%), electricity (1.6%) well ahead of uranium (0.3%).
Energy products appear to have slipped as a percentage of global exports. In 2014, exported energy accounted for 15.7% of overall exports totaling $18.888 trillion. That percentage diminished to 11.3% for 2018, falling behind other exported goods notably automotive products.
Global Energy Exports by Major Product
- Crude
- Refined
- Gas
- Coal
- Electricity
- Uranium
Crude
Below are the top 10 countries that exported the highest dollar value worth of crude oil during 2018. International crude oil exports decreased in value by about a third (-32.2%) compared to 2014 but appreciated by 12.5% from 2017 to 2018.
- Russia: US$129 billion (down -16.1% from 2014)
- Iraq: $91.7 billion (up 9%)
- Canada: $66.9 billion (down -24.1%)
- United Arab Emirates: $58.4 billion (down -18.9%)
- Kuwait: $51.7 billion (down -25.4%)
- Iran: $50.8 billion (up 30.5%)
- United States: $48.3 billion (up 292.1%)
- Nigeria: $43.6 billion (down -39.8%)
- Kazakhstan: $37.8 billion (down -29.5%)
- Angola: $36.5 billion (down -35.3%)
The listed 15 countries shipped almost two-thirds (64.7%) of all crude petroleum oil exported in 2018 by value.
Three among the above top countries expanded their international sales of crude oil since 2014 namely the United States (up 292.1%), Iran (up 30.5%) and Iraq (up 9%).
Leading the decliners compared to 2014 were Nigeria (down -39.8%), Angola (down -35.3%), Kazakhstan (down -29.5%) and Kuwait (down -25.4%).
Year over year, the fastest gainers from 2017 to 2018 were the United States (up 114.5%), Kazakhstan (up 42.2%), Iraq (up 41%) then Russia (up 38.3%).
Refined
Gas
Coal
Electricity
Uranium
See also Russia’s Top 10 Exports, United States Top 10 Exports, Qatar’s Top 10 Exports, Australia’s Top 10 Exports, France’s Top 10 Exports and Kazakhstan’s Top 10 Exports
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on August 28, 2019
International Trade Centre, Trade Map. Accessed on August 28, 2019
Wikipedia, Energy industry. Accessed on August 28, 2019