Exploring Oil Exports by Country: The Global Landscape of the Top Oil Exporting Countries

In today’s interconnected energy market, understanding oil exports by country is essential for analysing both global economics and geopolitical dynamics. Platforms such as Eximpedia.app provide detailed data on oil movements, enabling users to explore export-import trends, supplier reliability and shifting trade flows. 

The Landscape of Oil Exports

When we talk about top oil exporting countries, we refer to nations that ship large volumes of crude oil or petroleum products across borders. The data from Eximpedia and other sources highlight clear leaders and offer insights into who is dominating the market.

A recent dataset shows that the world’s largest oil exporter is Saudi Arabia, with exports valued around US $191.1 billion in 2024, accounting for about 15.2% of the global total. This means Saudi Arabia holds the title of the largest oil exporter in the world and the biggest oil exporter in the world (phrases we often use interchangeably).

Who Are the Top 10 Oil Exporting Countries?

Here are some of the key players in the global oil export market (using most-recent values):

• Saudi Arabia: ~US $191.1 billion, about 15.2% of the market. 

• Russia: ~US $122.5 billion, about 9.7%. 

• United States: ~US $118.5 billion, about 9.4%. 

• United Arab Emirates: ~US $114.9 billion, about 9.1%. 

• Canada: ~US $107.5 billion, about 8.5%. 

• Iraq: ~US $98.4 billion, about 7.8%. 

• Norway, Brazil, Nigeria, Kuwait and others fill out the list of major exporters. 

According to Eximpedia’s overview, when we say “top 10 oil exporting countries,” we essentially cover these major nations that dominate export volumes.

Why These Countries Dominate

Several factors contribute to why some nations are leading oil exports by country:

1. Large reserves – Saudi Arabia and Russia have some of the largest proven oil reserves, giving them scale. 

2. Production capacity and infrastructure – Countries like the United States benefit from advanced extraction (including shale) and export terminals.

3. Strategic geography and export logistics – Gulf-states like UAE and Kuwait are well-positioned for global shipping routes.

4. Global demand and trade relationships – These exporters have established trade ties with large importers, which boosts their export numbers. Eximpedia highlights buyer-side data as well. 

The Largest Oil Exporter in the World at a Glance

When we say the largest oil exporter in the world, Saudi Arabia consistently holds that spot. It remains the largest oil exporter thanks to its sustained high export volumes, strong infrastructure, and strategic role in global energy markets. For example, one recent report noted Saudi crude exports reached 6.413 million barrels per day in March 2024, reaffirming its position as the world’s largest oil exporter. 

Top Oil Exporters: What’s Changing?

Even among the giant players, dynamics are shifting. For instance:

• Canada’s exports increased by around 7.9% in one recent period. 

• Some countries experienced export declines: the UAE saw a drop of about 29.4% year-on-year. 

• Eximpedia’s own blog points out that while Saudi Arabia leads, the growth rate for some of the top oil exporting countries is slower, partly due to transitioning energy mixes and increased energy efficiency. 

What the Data from Eximpedia Offers

By leveraging the data from Eximpedia, analysts and businesses can:

• Review oil exports by country with verified commodity trade data. 

• Identify which are the largest oil exporters, and how much they export.

• Track changes in the top 10 oil exporting countries, spotting shifts in market share.

• Understand the strength of the top oil exporting countries relative to global totals.

Why This Matters

Understanding the export side of petroleum trade is critical for several reasons:

• Energy security: Importing nations need to know who the big exporters are, to ensure supply resilience.

• Pricing and economics: Export volumes and export countries influence global oil prices and hence economies.

• Geopolitical strategy: Major exporters often have outsized influence on global energy policy, climate strategy and even diplomatic relations.

• Transition risks: As the world moves toward cleaner energy, the role of the top oil exporting countries may evolve—and knowing which are most exposed is essential.

Conclusion

In summary, oil exports by country remain a key metric for global energy studies. The largest oil exporter in the world, Saudi Arabia, leads the pack, while the roster of top 10 oil exporting countries includes Russia, the United States, UAE, Canada, Iraq and others. The data, much of it accessible via Eximpedia, illuminates not just who exports oil, but how the global energy trade is shifting. As energy transitions accelerate, watching how these top oil exporting countries evolve will be crucial for policymakers, businesses and observers alike.