Crude oil exports from Iraq: data, top buyers and prices
In 2024, Iraq exported crude oil worth $97.86 billion (173.50 million tonnes). It ranks 6th of 138 countries for exports of this product. That is close to the 2023 level. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $97.86B | 173.50M t |
| 2023 | $99.78B | 172.47M t |
| 2022 | $120.20B | 176.62M t |
| 2021 | $76.20B | 158.91M t |
| 2020 | $50.63B | 162.02M t |
| 2019 | $82.87B | 179.49M t |
| 2018 | $90.63B | 184.50M t |
| 2017 | $64.10B | 173.20M t |
Where Iraq exports crude oil to
The largest buyer markets were China (38%), India (29%), South Korea (8%).
| Destination | Value | Share |
|---|---|---|
| China | $37.03B | 38% |
| India | $28.11B | 29% |
| South Korea | $7.67B | 7.8% |
| United States | $5.81B | 5.9% |
| Greece | $4.60B | 4.7% |
| Netherlands | $4.16B | 4.3% |
| Italy | $2.42B | 2.5% |
| France | $2.07B | 2.1% |
| Germany | $1.83B | 1.9% |
| Spain | $889.9M | 0.9% |
Average export price per kg
The average declared value was about $0.56 per kg, close to the world average of $0.54.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Iraq?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2709: Petroleum oils and oils obtained from bituminous minerals; crude.
Common questions
What is the value of crude oil exported by Iraq?
Iraq exported crude oil worth $97.86 billion in 2024, the latest year with complete public data, about 173.50 million tonnes. That ranks it 6th of 138 countries worldwide, with 8% of world exports. The value was down 2% on 2023.
Which countries buy crude oil from Iraq?
China was the largest buyer with 38% of the value ($37.03 billion), followed by India (29%) and South Korea (8%). The top three together account for 74%, out of 20 buyer countries in total. France grew fastest among the top ten, up 11% on the year.
What is the average export price of crude oil per kg?
The average declared export value was about $0.56 per kg in 2024, close to the world average of $0.54 per kg. It is total declared value divided by total weight, so it blends every grade and size; use it as a benchmark, not a quote. Prices per shipment and per company are in EximDataX.
How have exports of crude oil from Iraq changed since 2017?
Exports went from $64.10 billion in 2017 to $97.86 billion in 2024, an increase of 53%. The peak was 2022 at $120.20 billion. Monthly and weekly movements since then are in EximDataX.
What is the HS code for crude oil?
The HS code for crude oil is heading 2709. In Iraq all of this trade was declared under the six-digit code 2709.00. It sits in HS chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The full list of codes and descriptions is on the HS 2709 page.
How can I find the companies behind this trade?
Public statistics stop at country totals. EximDataX rebuilds Iraq trade from the customs records of its trading partners, updated weekly, so you can see the companies that ship to and from it. Tell us your product and we will show you the latest records on a live call.
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