Refined petroleum products exports from Iraq: data, top buyers and prices
In 2024, Iraq exported refined petroleum products worth $8.85 billion (18.12 million tonnes). Its share of world exports was 1%. That is 18% less than in 2023. Over 2017-2024 the trade grew strongly, by about 59% a year on average.
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 | $8.85B | 18.12M t |
| 2023 | $10.77B | 19.95M t |
| 2022 | $9.71B | 15.22M t |
| 2021 | $6.04B | 12.99M t |
| 2020 | $4.65B | 15.05M t |
| 2019 | $4.67B | 11.34M t |
| 2018 | $3.87B | 8.77M t |
| 2017 | $348.1M | 564.9K t |
Where Iraq exports refined petroleum products to
Most of it went to United States (21%), South Korea (14%), Turkey (14%). Trade is spread widely: the top three buyer markets together make up only 49%. Among the main buyer markets, China grew fastest (+370% on the year before).
| Destination | Value | Share |
|---|---|---|
| United States | $1.83B | 21% |
| South Korea | $1.24B | 14% |
| Turkey | $1.24B | 14% |
| China | $1.18B | 13% |
| India | $914.7M | 10% |
| Greece | $812.4M | 9.2% |
| Singapore | $627.5M | 7.1% |
| Italy | $261.6M | 3% |
| Egypt | $196.8M | 2.2% |
| Malaysia | $190.1M | 2.2% |
Average export price per kg
The average declared value was about $0.49 per kg, 34% below the world average of $0.74, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Refined petroleum products imports to Iraq
Iraq imported $754.9 million of refined petroleum products in 2024 (763.9 thousand tonnes). One supplier dominates: India accounted for 58% of the value. Among the main suppliers, United Kingdom grew fastest (+63% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| India | $440.0M | 58% |
| Turkey | $82.7M | 11% |
| Germany | $55.3M | 7.3% |
| Taiwan | $41.7M | 5.5% |
| United Kingdom | $34.2M | 4.5% |
| United States | $20.0M | 2.7% |
| South Korea | $16.0M | 2.1% |
| Netherlands | $14.3M | 1.9% |
| Azerbaijan | $7.8M | 1% |
| France | $7.2M | 1% |
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 2710: Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils.
Common questions
What is the value of refined petroleum products exported by Iraq?
Iraq exported refined petroleum products worth $8.85 billion in 2024, the latest year with complete public data, about 18.12 million tonnes. That ranks it 26th of 215 countries worldwide, with 1% of world exports. The value was down 18% on 2023.
Which countries buy refined petroleum products from Iraq?
The United States was the largest buyer with 21% of the value ($1.83 billion), followed by South Korea (14%) and Turkey (14%). The top three together account for 49%, out of 36 buyer countries in total. China grew fastest among the top ten, up 370% on the year.
What is the average export price of refined petroleum products per kg?
The average declared export value was about $0.49 per kg in 2024, 34% below the world average of $0.74 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 refined petroleum products from Iraq changed since 2017?
Exports went from $348.1 million in 2017 to $8.85 billion in 2024. The peak was 2023 at $10.77 billion. Monthly and weekly movements since then are in EximDataX.
Does Iraq also import refined petroleum products?
Yes. Iraq imported $754.9 million worth of this product in 2024, mainly from India, Turkey and Germany. On balance Iraq is a net exporter of this product, by about $8.10 billion a year.
What is the HS code for refined petroleum products?
The HS code for refined petroleum products is heading 2710. In Iraq all of this trade was declared under the six-digit code 2710.00. 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 2710 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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