Crude oil exports from the Republic of the Congo: data, top buyers and prices
In 2024, the Republic of the Congo exported crude oil worth $5.43 billion (8.88 million tonnes). Value fell 21% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $9.40 billion.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $5.43B | 8.88M t |
| 2023 | $6.88B | 12.92M t |
| 2022 | $9.40B | 14.39M t |
| 2021 | $6.08B | 9.59M t |
| 2020 | $3.64B | 11.00M t |
| 2019 | $6.40B | 13.82M t |
| 2018 | $8.69B | 17.20M t |
| 2017 | $4.27B | 10.75M t |
Where the Republic of the Congo exports crude oil to
One buyer market dominates: China accounted for 72% of the value. Among the main buyer markets, Singapore grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| China | $3.92B | 72% |
| Thailand | $382.5M | 7.1% |
| Singapore | $221.8M | 4.1% |
| Malaysia | $178.6M | 3.3% |
| Romania | $147.0M | 2.7% |
| United Kingdom | $141.6M | 2.6% |
| Italy | $139.6M | 2.6% |
| Brazil | $97.7M | 1.8% |
| Netherlands | $90.2M | 1.7% |
| India | $88.6M | 1.6% |
Average export price per kg
The average declared value was about $0.61 per kg, close to the world average of $0.54.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in the Republic of the Congo?
The shipment records behind Republic of the Congo crude oil exports (HS 2709): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2709: Petroleum oils and oils obtained from bituminous minerals; crude.
Common questions
What is the value of crude oil exported by the Republic of the Congo?
The Republic of the Congo exported crude oil worth $5.43 billion in 2024, the latest year with complete public data, about 8.88 million tonnes. That ranks it 27th of 138 countries worldwide, with 0% of world exports. The value was down 21% on 2023.
Which countries buy crude oil from the Republic of the Congo?
China was the largest buyer with 72% of the value ($3.92 billion), followed by Thailand (7%) and Singapore (4%). The top three together account for 83%, out of 11 buyer countries in total. Thailand grew fastest among the top ten, up 836% on the year.
What is the average export price of crude oil per kg?
The average declared export value was about $0.61 per kg in 2024, 13% above the world average of $0.54 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of crude oil from the Republic of the Congo changed since 2017?
Exports went from $4.27 billion in 2017 to $5.43 billion in 2024, an increase of 27%. The peak was 2022 at $9.40 billion. Over 8 years the average was $6.35 billion a year.
What is the HS code for crude oil?
The HS code for crude oil is heading 2709. In the Republic of the Congo all of this trade was declared under the six-digit code 2709.00. It sits in HS chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The full list of codes and descriptions is on the HS 2709 page.
How can I find the companies behind this trade?
For the Republic of the Congo, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
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More trade data for the Republic of the Congo
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