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Sector GuideHS 2709-2714
Petroleum & Oil Products Export Guide
Africa's #1 export by value. The continent produces 7.8M barrels/day with Nigeria, Angola, Algeria, and Libya as top producers. Oil & gas account for 40%+ of Africa's total export revenue.
$150B+ annual exports 7.8M bbl/day production 7 OPEC members
#1 Nigeria
Bonny Light crude, Forcados blend
1.5M bbl/day
$40B/yr
#2 Angola
Dalia, Girassol, Nemba crudes
1.1M bbl/day
$30B/yr
#3 Libya
Es Sider, Sharara light sweet crude
1.2M bbl/day
$22B/yr
#4 Algeria
Saharan Blend crude, LNG (top 10 global)
1.0M bbl/day
$35B/yr
#5 Egypt
Suez Blend crude, LNG exports
600K bbl/day
$12B/yr
#6 Ghana
Jubilee, TEN fields (light sweet)
150K bbl/day
$5B/yr