Tracking Oil Imports and Exports as Investment Strategy

If you invest in oil, then you need to keep an eye on export and import figures. Identifying the top exporting countries is helpful because it allows you to zero in on the countries that are actually generating revenues from the sale of crude oil to other countries. You can get in on the action by investing domestically in these countries.

Imports are as important as exports in your calculations. Countries that are main importers of crude oil are primarily advanced, industrialized societies like Germany and the United States, which are rich enough that they can absorb crude oil price increases.

As a general rule, however, importers face a lot of pressure during any price increases, which sometimes translates into lower stock market performances in the importing countries. Be careful if you’re exposed to the domestic stock markets of these oil importers.

The following table shows the top oil-exporting and -importing countries.

Exports	Imports
Rank	Country	Daily Oil Exports (Million Barrels)	Country	Daily Oil Imports (Million Barrels)
1	Saudi Arabia	8.7	United States	11.8
2	Russia	6.6	Japan	5.3
3	Norway	2.542	China	2.9
4	Iran	2.519	Germany	2.5
5	UAE	2.515	South Korea	2.1
6	Venezuela	2.203	France	2.0
7	Kuwait	2.150	Italy	1.7
8	Nigeria	2.146	Spain	1.6
9	Mexico	1.8	India	1.5
10	Algeria	1.6	Taiwan	1.0

dummies

Source:http://www.dummies.com/how-to/content/tracking-oil-imports-and-exports-as-investment-str.html