Export of petroleum oils and oils obtained from bituminous minerals, other than crude from Morocco: Raise in 2016

In comparison to 2015 petroleum oil export grew by 23.44 percent, revised numbers from United Nations Statistical Office illustrate. The variable increased from 501 814 624 kilogram to 619 425 792 kilogram, versus the prior year when it dropped by 40.12%. Morocco saw a fall of 47.89% in petroleum oil export over the past 15 years. Moreover, it has had a diminution at a 0.05% compound annual growth rate over the five years with a marginal overall decrease since the start of observations. It averaged 712 964 582.4 kilogram from 2002 to 2016 and it attained its all-time high of 1 208 140 416 kilogram in 2013 and record low of 247 072 544 kilogram in 2010.