Crude Petroleum Oil
PetroleumHS 2709.00
Crude oil is Africa's largest export by value. Nigeria, Angola, Algeria, and Libya are major producers. African crude ranges from light sweet to heavy sour grades.
$100+ billion from Africa
Global Trade Value
$70-90
per barrel (Brent benchmark)
5
African Exporters
Top African Exporters
Top Import Markets
China$25B
India$15B
EU$20B
USA$10B