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Oil Export Dependent Countries
Name the countries whose exports are at least 60% oil and natural gas.
For the year 2018. In USD. Source
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Last updated: August 1, 2019
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| First submitted | June 7, 2017 |
| Times taken | 12,083 |
| Rating | 4.39 |
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ECon211
+2
level 80
Jun 8, 2017
Jeez... South Sudan you gotta diversify that economy of yours.
markasol
+15
level 66
Jul 1, 2017
Give them a chance, world's newest country devastated after decades of civil/independence wars....
bakainu
+2
level 60
Oct 5, 2017
Not a lot else in that area, resource wise.
kalbahamut
+5
level 77
Oct 5, 2017
1.4 billion dollars is a pretty tiny amount of oil... they just have no other industry at all.
kogatora
+4
level 79
Dec 18, 2018
they are also locked in a bad agreement made with Sudan where all the oil they produce goes through pipelines running through Sudan which they charge a fee for. Sudan fixed that fee based on a high exchange rate and so much of the profits from the oil are lost and they would not be able to develop other industries.
buck1017
+5
level 73
Jun 13, 2017
Bit of a mis-nomer here for me. When I think "oil dependent" I guess I think of it as a dependency on oil imports. Not necessarily countries whose economy hinges on oil exports. I was going to start guessing countries who import a ton of oil, but then saw the picture and knew I was wrong...then I read the instructions. Maybe I should read the instructions first.
ander217
+2
level 76
Oct 5, 2017
I thought the same thing when I first read the title. I thought it would be countries who are most dependent on other countries for their oil. Good thing I read the directions for once.
Quizmaster
+1
level ∞
Aug 10, 2019
Changed to "Oil Export Dependent"
CMJ
+1
level 58
Jun 30, 2017
Hmm. Why did I read "export" as import?
Jorissie
+2
level 70
Sep 22, 2017
Imagine when oil reserves are depleted and there is no more oil for them.. Most of these countries will be broke!
Rowand33
+2
level 51
Oct 5, 2017
Gah... Scandinavia.
NorwegianQMaster
+2
level 54
Jul 7, 2019
Wtf i forgot norway and i live in it. Good lord help me
GreenFriday
+2
level 76
Jul 31, 2019
Iraq, Libya, South Sudan. All areas with recent civil war, and all at the top of the list. I assume that oil is one of the easier things to keep exporting during periods of unrest.
toowise
+1
level 67
Jul 31, 2019
As long as the pipelines remain intact then yes..
markthoma
+1
level 65
Aug 5, 2019
Deferred or improper maintenance catches up to you pretty quickly, though; look at the downward spiral of Venezuela's oil industry.
CardinalSin
+2
level 67
Jul 31, 2019
Surprised not to see Bahrain and Qatar (and possibly UAE) on there. What else do they sell?
JWatson24
+1
level 56
Jul 31, 2019
Qatar is on here, but no Bahrain. I was also curious about why there wasn't UAE.
kalbahamut
+2
level 77
Jul 31, 2019
The UAE exports a lot of gold, diamonds, minerals and other raw and scrap materials, some electronics, some agricultural products, and a lot of other stuff. Their economy is a lot more diverse than other Gulf countries. Bahrain doesn't export much of anything - some aluminum and textiles and a few other products. Their total exports are a small fraction of the UAE's, but their oil reserves have been pretty well depleted at this point. That's the main reason Bahrain doesn't show up.
kalbahamut
+1
level 77
Nov 22, 2019
Was Qatar not on the list before? They're on now.
daanone
+1
level 68
Aug 1, 2019
Could you allow the usual type-ins for Congo and maybe change the answer to clarify which Congo it is?
Quizmaster
+2
level ∞
Aug 1, 2019
Fixed
Azuca
+1
level 52
Aug 2, 2019
I typed in Nigeria as a wild guess and I had no idea they were so dependent on hydrocarbons.
seokeunshichae
+1
level 73
Sep 15, 2019
surprised mauritania didn't make the list...wtf else do they do there?
WanHuangdi
+1
level 66
Nov 22, 2019
The Spanish get one measly territory in Africa, but then Equatorial Guinea ends up sitting on top of a lot of oil. Really got lucky on that one! *I know that there were a few other small Spanish colonies, it’s called hyperbole*
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