Top 10 UAE export destinations for crude oil
Barrels Worth Billions: UAE’s Top 10 Crude Oil importers
How many of you agree with me when I say the world's loftiest country in the petroleum industry is the UAE? The UAE has made its name echo across the world with its advancements in world trade. Let's test! What pops up when asked about a petroleum hub? The UAE. Next one, the country with lower trade tax? The UAE.
Want to know more about the UAE trade secrets in the petroleum industry! Take a dive into this blog to find the top 10 countries that imported crude oil from the UAE in the date range between Feb 2024 to Feb 2025.
Highlights:
- Introduction to UAE exports
- Worth of crude oil exported
- Importing countries
- Reasons why these countries import crude oil?
- As a Exporter from the UAE, which countries should I target?
- How to get precise UAE export data?
How much worth of Crude oil was exported?
Looking at the numbers confirms a promising crude oil future in Oil trading. A total value of 15.89 billion dollars. The amount is enormous and it's clear UAE is standing on the shoulders of giants in the petroleum industry.
Real Question: Who is importing these barrels?
Neighboring countries top the charts for crude oil imports. One of them has the highest population in the world. I bet you guessed it already. India and Pakistan stand as the top two export destinations for UAE followed by Argentina with which UAE has strengthened diplomatic ties for tranquil trade.
10 Premier UAE Export Destinations for Crude Oil
Here is a glimpse at the stats analyzed and extracted from The Dollar Business offered EXIM tool which laid out accurate export import data for traders.
| COUNTRY | VALUE (USD) |
|---|---|
| India | $3,695,032,627.19 |
| Pakistan | $3,117,564,130.63 |
| Argentina | $1,488,065,478.55 |
| Tanzania | $1,397,328,779.78 |
| Uganda | $1,354,946,067.84 |
| Indonesia | $1,174,890,520.73 |
| Turkey | $824,746,623.06 |
| Uzbekistan | $479,406,712.74 |
| Sri Lanka | $194,005,792.19 |
| Namibia | $181,236,046.77 |
| Others | $1,182,203,028.73 |
| TOTAL | $15,089,425,808.21 |
Looking at the numbers, it's clear that the UAE oil trading is impeccable and its trade potential is nowhere compromising. If you are the one who wants to enter the UAE export trade market, then this is your call to leverage EXIM and conquer the market.
Reasons why countries import crude oil?
As the saying goes, “A growing child needs bigger shoes” a country with a growing population often runs out of domestic production, leading to pave the way to trade for essential commodities and these needs can be leveraged by traders creating export opportunities. Some of the reasons why countries import crude oil:
- Deficit in domestic production
- Economic strategy
- Energy reserving strategy
- Trade agreements
- Geopolitical ties
- Market demand
As a UAE crude oil exporter what countries should I target?
If you have made it to the end to find an answer to this question, it means you are the next big trader who wants to analyze the market and expand your trade. As per the date range from Feb 2024 to Feb 2025 the countries one can target are India, Pakistan followed by Argentina, Tanzania and Uganda.
But here is the catch: who sticks to old data? Aren't we traders supposed to be up to date. Here is the ultimate destination for trade analysis. Get your update charts, numbers and analysis of the trade market with EXIM for precise and accurate UAE export data.
Frequently Asked Questions (FAQs)
Q1. At what number does UAE rank in crude oil trade?A. UAE became the 5th largest exporter of crude oil in the world.
Q2. What are the top 3 export commodities of the UAE?A. Crude petroleum, refined petroleum and gold are the top 3 exports of the UAE.
Q3. What % of UAE’s economy depends on the oil industry?A. As per the UAE ministry of foreign affairs, oil exports account for about 30% of total UAE GDP.
