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Who buys Iraq’s crude oil? Export destinations 2024

In 2024, Iraq exported $97.9 billion of crude oil (173.5 million tonnes), 7.5% of the world total. Its main destinations were China (38%), India (29%) and South Korea (8%). Iraq was the world’s 6th-largest exporter of crude oil.

Summary

Value
$97.9billion
Tonnes
173.5million tonnes
Share of world total
7.5%
World rank
6th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China37Tonnes: 63,838,060USD per tonne: $58037.8%Sea
India28.1Tonnes: 50,090,900USD per tonne: $56128.7%Sea
South Korea7.7Tonnes: 13,904,946USD per tonne: $5527.8%Sea
United States5.8Tonnes: 11,211,291USD per tonne: $5185.9%Sea
Greece4.6Tonnes: 8,229,894USD per tonne: $5594.7%Sea
Netherlands re-exports4.2Tonnes: 7,172,631USD per tonne: $5804.3%Sea
Italy2.4Tonnes: 4,400,370USD per tonne: $5502.5%Sea
France2.1Tonnes: 3,755,615USD per tonne: $5512.1%Sea
Germany1.8Tonnes: 3,305,480USD per tonne: $5531.9%Sea
Spain0.89Tonnes: 1,697,260USD per tonne: $5240.91%Sea
Singapore re-exports0.86Tonnes: 1,548,170USD per tonne: $5530.88%Sea
Bulgaria0.69Tonnes: 1,236,043USD per tonne: $5590.71%Sea
Serbia0.61Tonnes: 1,080,197USD per tonne: $5680.63%Sea
Philippines0.47Tonnes: 871,048USD per tonne: $5450.48%Sea
Taiwan0.4Tonnes: 765,869USD per tonne: $5180.41%Sea
Austria0.14Tonnes: 245,856USD per tonne: $5870.15%Sea
Egypt0.08Tonnes: 128,363USD per tonne: $6280.08%Sea
Malaysia0.01Tonnes: 20,095USD per tonne: $6700.01%Sea
Thailand< 0.01Tonnes: 1USD per tonne: $15,3440%Sea
Uzbekistan< 0.01Tonnes: 22USD per tonne: $6010%Sea

Trend

Who it sells to

China has been its main destination since 2019

Value in USD billions. The five largest destinations in 2024.

  • China 37
  • India 28.1
  • South Korea 7.7
  • United States 5.8
  • Greece 4.6

Source: CEPII BACI

Show the numbers
Partner19952024
China037
India028.1
South Korea07.7
United States05.8
Greece04.6

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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