russia is the largest importer of crude oil in the world.
largest importer of crude oil in the world?
russia
as of 2000, ecuador's export of bananas (the second dominant export item after crude oil) was 3,993,968 metric tons which accounted for 28% of the world's production of 14,155,222 metric tons, making up 5 percent of its gdp. of this export, bananas were primarily destined for the united states, the largest importer (24 percent), followed by the european union accounting for 17 percent. however, the european union, is insistent on signing a trade deal which ecuador has so far refused to sign. this has created fear among the farming community in ecuador for their livelihoods.
banana production in ecuador
india surpassed china as the largest asian importer of crude oil from venezuela in 2012. venezuela is india's fourth largest source of crude oil after iraq, saudi arabia, and iran accounting for 12% of the country's oil imports in april–november 2018. in the preceding decade, india became the third largest importer of oil in the world, after the united states and china. following unrest in west asia, its traditional source of oil, india looked to diversify its sources of oil imports. the rise in us domestic oil production resulted in a 49% reduction of american oil imports from venezuela in 2014, creating an opportunity for india to increase crude oil imports from venezuela.
india–venezuela relations