5 Fuel Exporting Countries in the World

In this article, we will take a look at the top 5 fuel exporting countries in the world. If you wish to see our detailed analysis, you can go to 34 Fuel Exporting Countries in the World.

5. Libya

Percentage of Fuel Exports in Total Exports: 95%

Libya plays an important role in the African oil industry. It is one of the largest petroleum liquids producers in the region. In 2022, 95% of the country’s total exports were of fuel products.

4. Equatorial Guinea

Percentage of Fuel Exports in Total Exports: 95%

Located in Central Africa, Equatorial Guinea is a net exporter and producer of crude oil. The country’s economy largely depends on its oil and gas industry and its fuel exports. The country exported fuel accounting for 95% of its total exports in 2022.

3. Angola

Percentage of Fuel Exports in Total Exports: 95%

Angola is a developing African country which holds abundant oil and gas resources. The petroleum industry makes up a major portion of the country’s revenue. In 2022, Angola exported fuel worth 95% of its total exports.

2. Algeria

Percentage of Fuel Exports in Total Exports: 95%

Algeria is one of the top fuel exporting nations. It exported fuel accounting for 95% of its national exports in 2022. The country is a major producer of crude oil and natural gas in Africa. A major portion of its oil exports go to Europe.

1. Iraq

Percentage of Fuel Exports in Total Exports: 97%

Iraq is home to one of the world’s largest proven reserves of crude oil. The country also significantly exports crude oil. In 2022, Iraq exported fuel accounting for 97% of its total exports.

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