5 Largest Exporters of Refined Petroleum

In this article, we will take a look at the 5 largest exporters of refined petroleum. If you wish to see our detailed analysis, you can go to 15 Largest Exporters of Refined Petroleum.

5. Saudi Arabia

Exports in Thousand Barrels Per Day: 1,468.4

Saudi Arabia is also one of the leading exporters of refined petroleum in the world. It has one-quarter of the world’s oil reserves and hence exports in large quantities. As of 2022, the country supplied 1.46 million barrels per day of refined petroleum.

4. Singapore

Exports in Thousand Barrels Per Day: 1,487

Another significant exporter of petroleum products is Singapore. The country is a major oil refining center in Asia and has a strategic location for trade between the East and the West. As of 2022, Singapore exported a total of 1.48 million barrels of refined petroleum per day.

3. Netherlands

Exports in Thousand Barrels Per Day: 2,192.8

The Netherlands is the third largest exporter of petroleum products in the world. It exports to countries such as Germany, Belgium and France. It also imports large quantities of crude oil which is refined to be exported. As of 2022, the country exported 2.19 million barrels per day of refined petroleum.

2. Russia

Exports in Thousand Barrels Per Day: 2,276.9

Russia plays a major role in the global oil market. The country being the third largest oil producer in the world supplies petroleum products to many countries such as China, India, and other undisclosed locations free from sanctions despite the US and European sanctions on its oil trade. As of 2022, Russia supplied 2.27 million barrels per day to the world.

1. United States

Exports in Thousand Barrels Per Day: 5,973.0

The United States is the largest exporter of refined petroleum in the world. The country boosted its exports and increased its refining capacity, becoming a lead exporter of petroleum products after the Western sanctions on fuel and oil trade with Russia which was one of the largest refined petroleum suppliers. As of 2022, it exported 5.97 million barrels per day.

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