Crude Oil Export of Dr Congo: The Comprehensive Trade Analysis

Crude oil is a naturally occurring substance found beneath the earth’s surface, which is vital for modern industries because of its diverse functions in several industrial sectors. The refined form of crude oil provides the raw material for chemicals in plastics, lubricants, electricity, and construction materials. The Democratic Republic of Congo in Central Africa, sharing borders with South Sudan and Uganda in the north and northeast direction, has emerged as a leading exporter in the global crude oil trade market.

DR Congo Import Data says, due to the closer proximity to the Atlantic Ocean and the vast exploration potential, the establishment of the oil reserves supporting sustained production levels and the reliable access to international markets has enhanced the crude oil export of DR Congo, worth an annual valuation of 2.5 billion US dollars in 2024. The political stability and the collaboration with global oil companies have been benefiting the crude oil export of the DR Congo. Subscribe to Import Globals, the DR Congo import export trade provider, to stay updated with the latest information regarding the crude oil export of DR Congo via the DR Congo Trade Data.

WHY CRUDE OIL IS A GLOBALLY TRADED COMMODITY?

Crude oil right now is one of the topmost globally traded commodities because of its essential role in modern life and industrial development. The specific resource has been serving as a primary source of energy for transportation, electricity generation, and industrial processes. The demand for crude oil has spanned across multiple sectors, including automotive, aviation, shipping, and power generation.

The universal importance of crude oil ranges from versatility and the wide range of refined products it produces, like gasoline, diesel, and kerosene, which are all essential for energy generation in different industrial sectors, including plastics, construction industries, and other manufacturing units. It is also referred to as a highly valuable commodity for its economic and geopolitical significance. Countries that are heavily reliant on oil exports consider it as a source of foreign exchange earnings and trade balance stability.

THE LEADING VARIANTS OF CRUDE OIL EXPORTED FROM DR CONGO

DR Congo, via its advanced manufacturing technology for extraction and growing global demand, has recorded a different variant of its own crude oil supplies in the global trade. According to DR Congo Export Data, the top 10 leading variants of crude oil exported from the nation in 2024 are,

  • Light Sweet Crude — The annual valuation of Light Sweet Crude exported from DR Congo in 2024–987 million US dollars
  • Medium Crude- The annual valuation of Medium Crude exported from DR Congo in 2024–765 million US dollars
  • Heavy Crude- The annual valuation of Heavy Crude exported from DR Congo in 2024–567 million US dollars
  • Extra Heavy Crude- The annual valuation of Extra Heavy Crude exported from DR Congo in 2024–478 million US dollars
  • Condensate- The annual valuation of Condensate exported from DR Congo in 2024–398 million US dollars
  • Brent Blend- The annual valuation of Brent Blend exported from DR Congo in 2024–278 million US dollars
  • WTI (West Texas Intermediate)- The annual valuation of WTI (West Texas Intermediate) exported from DR Congo in 2024–224 million US dollars
  • Bonny Light- The annual valuation of Bonny Light exported from DR Congo in 2024–187 million US dollars
  • Dubai Crude- The annual valuation of Dubai Crude exported from DR Congo in 2024–165 million US dollars
  • Urals Blend- The annual valuation of Urals Blend exported from DR Congo in 2024–124 million US dollars

TOP 10 EXPORT TRADE PARTNERS OF DR CONGO IN 2024

The country, via proper adoption of tariff strategies and to maintain a stronger global political stability, has attracted different foreign traders worldwide. As per DR Congo Customs Data, the top 10 export trade partners of the nation for crude oil export in 2024 are,

1. China — The total valuation of crude oil exported from DR Congo to China in 2024–890 million US dollars

Top 5 variants of crude oil exported

  • Light Sweet Crude
  • Medium Crude
  • Heavy Crude
  • Extra Heavy Crude
  • Condensate

2. United Arab Emirates — The total valuation of crude oil exported from DR Congo to the United Arab Emirates in 2024–786 million US dollars

Top 5 variants of crude oil exported

  • Brent Blend
  • WTI
  • Bonny Light
  • Dubai Crude
  • Urals Blend

3. South Africa — The total valuation of crude oil exported from DR Congo to South Africa in 2024–698 million US dollars

Top 5 variants of crude oil exported

  • Mars Blend
  • Tapis
  • Oman Crude
  • Basrah Light
  • Basrah Heavy

4. Belgium — The total valuation of crude oil exported from DR Congo to Belgium in 2024–567 million US dollars

Top 5 variants of crude oil exported

  • Brass River
  • Forcados
  • Qua Iboe
  • Bonny
  • Bonny Medium

5. India — The total valuation of crude oil exported from DR Congo to India in 2024–478 million US dollars

Top 5 variants of crude oil exported

  • Bonny Light
  • Escravos
  • Girassol
  • Dalia
  • Pazflor

6. Switzerland — The total valuation of crude oil exported from DR Congo to Switzerland in 2024–374 million US dollars

Top 5 variants of crude oil exported

  • Kuito
  • Plutonio
  • Cameia
  • Zinia
  • Cabinda Light

7. Germany — The total valuation of crude oil exported from DR Congo to Germany in 2024–297 million US dollars

Top 5 variants of crude oil exported

  • Cabinda Heavy
  • Saharan Blend
  • Hassi Messaoud
  • In Amenas
  • Tin FouyéTabankort

8. Thailand — The total valuation of crude oil exported from DR Congo to Thailand in 2024–187 million US dollars

Top 5 variants of crude oil exported

  • Elf
  • Sinai Blend
  • Ras Qattara
  • Western Desert
  • Ras Shukheir

9. Malaysia — The total valuation of crude oil exported from DR Congo to Malaysia in 2024–154 million US dollars

Top 5 variants of crude oil exported

  • Arab Extra Light
  • Arab Extra Heavy
  • Khursaniyah
  • Manifa
  • Shaybah

10. Vietnam — The total valuation of crude oil exported from DR Congo to Vietnam in 2024–120 million US dollars

Top 5 variants of crude oil exported

  • Safaniyah
  • Marjan
  • Murban
  • Upper Zakum
  • Lower Zakum

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