Globally exported crude oil totaled US$982.6 billion for 2021. That dollar figure reflects a flatlining 1% increase from $972.7 billion worth of crude oil exports during 2017. Year over year, the value of the world’s exports of crude oil accelerated by 36.7% from $718.8 billion in 2020. Crude oil ranks as the world’s second-most valuable exported product for 2021, lagging … [Read more...] about Crude Oil Exports by Country
Energy
Coal Exports by Country
Global sales for coal exports from all countries totaled US$122.9 billion in 2021. The worldwide value of coal exports expanded by an average 14.3% for all exporting countries since 2017 when overall coal shipments were valued at $107.5 billion. From 2020 to 2021, the value of exported coal accelerated by 48.7%. The 5 biggest exporters of coal are Australia, Indonesia, … [Read more...] about Coal Exports by Country
US Crude Oil Imports by Supplier Countries
During 2021, the United States of America imported US$138.4 billion worth of crude petroleum oil supplied by 29 oil supplier countries. America’s total bill for its imported crude oil purchases flatlined via an average -0.7% decline since 2017 but accelerated by 69.1% from 2020 to 2021. On the exports side, the US shipped $69.4 billion worth of crude petroleum oil in 2021. … [Read more...] about US Crude Oil Imports by Supplier Countries
Crude Oil Imports by Country
Global purchases of imported crude oil were worth a total US$1.028 trillion in 2021 resulting from the crude petroleum energy needs of 125 countries, territories or islands. Overall, the dollar cost of crude oil bought by all importing countries expanded by 15.9% since 2017 when globally imported crude oil purchases were valued at $886,5 billion. Year over year, total … [Read more...] about Crude Oil Imports by Country
Top 15 Crude Oil Suppliers to China
The cost of crude oil exported into the People’s Republic of China during 2021 totaled US$229.3 billion in 2021, rising by 41.4% since 2017 and accelerating by 30% from 2020 to 2021. Crude oil is China’s second-most valuable imported good after integrated electronic circuits and microassemblies. Forty-four countries supplied crude petroleum oil to mainland China in 2021 … [Read more...] about Top 15 Crude Oil Suppliers to China