Between 2019 and 2021, the average annual value of petroleum product exports worldwide amounted to 1.5 trillion U.S. dollars, making it the world's leading commodity based on average export value. That value amounted to 30 percent of global commodity exports during that period of time. In comparison, precious stones and minerals had an average annual global export value of 647 billion U.S. dollars annually between those years.
Average annual value of most valuable commodity exports worldwide between 2019 and 2021, by type
(in billion U.S. dollars)
Commodity export (sector)
Average annual export value in billion U.S. dollars
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Visual Capitalist. (August 22, 2024). Average annual value of most valuable commodity exports worldwide between 2019 and 2021, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1497358/avearge-annual-value-of-most-valuable-commodity-exports-globally/
Visual Capitalist. "Average annual value of most valuable commodity exports worldwide between 2019 and 2021, by type (in billion U.S. dollars)." Chart. August 22, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1497358/avearge-annual-value-of-most-valuable-commodity-exports-globally/
Visual Capitalist. (2024). Average annual value of most valuable commodity exports worldwide between 2019 and 2021, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1497358/avearge-annual-value-of-most-valuable-commodity-exports-globally/
Visual Capitalist. "Average Annual Value of Most Valuable Commodity Exports Worldwide between 2019 and 2021, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Aug 2024, https://www.statista.com/statistics/1497358/avearge-annual-value-of-most-valuable-commodity-exports-globally/
Visual Capitalist, Average annual value of most valuable commodity exports worldwide between 2019 and 2021, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1497358/avearge-annual-value-of-most-valuable-commodity-exports-globally/ (last visited November 22, 2024)
Average annual value of most valuable commodity exports worldwide between 2019 and 2021, by type (in billion U.S. dollars) [Graph], Visual Capitalist, August 22, 2024. [Online]. Available: https://www.statista.com/statistics/1497358/avearge-annual-value-of-most-valuable-commodity-exports-globally/