Iraq’s oil exports rose by 75,000 barrels per day in August.
Iraq’s oil exports rose by 75,000 barrels per day in August.
2025-09-05
Iraq’s crude oil exports rose by 75,000 barrels per day (bpd) in August, on a monthly basis, marking the third consecutive monthly increase.
Data from the Washington-based Energy Research Unit shows that Iraqi seaborne oil exports rose to 3.457 million barrels per day in August 2025, compared to 3.382 million barrels per day in the previous July.
On an annual basis, Iraqi crude oil exports also increased by more than 63,000 barrels per day, compared to the same month’s export rate of 3.394 million barrels per day last year.
Despite the increase over the past three months, Iraq’s average seaborne crude oil exports fell to 3.34 million barrels per day (bpd) from January to the end of August 2025, compared to 3.45 million bpd during the same period last year.
Iraq’s monthly oil export performance
Iraq’s seaborne crude oil exports in August reached their second-highest level since the beginning of the year, according to the following figures:
January: 3.299 million barrels per day.
February: 3.485 million barrels per day.
March: 3.280 million barrels per day.
April: 3.319 million barrels per day.
May: 3.207 million barrels per day.
June: 3.331 million barrels per day.
July: 3.382 million barrels per day.
August: 3.457 million barrels per day.
The above figures show that Iraq’s crude oil exports in August recorded the second-highest year-on-year increase since the beginning of the year, exceeding 63,000 barrels per day, compared to the same month’s export rate last year of 3.394 million barrels per day.
Iraq’s seaborne oil exports increased by 132,000 barrels per day (bpd) year-on-year in February, the highest rate of increase since the beginning of the year, compared to the 3.354 million bpd exported in the corresponding month last year.
While May recorded the highest annual decline since the beginning of the year, reaching 357,000 barrels per day, compared to the same month’s exports last year, which amounted to 3.563 million barrels per day.
Iraq’s oil exports until August 2025
It’s worth noting that eight OPEC+ countries, including Iraq, have decided to reinstate the voluntary production cuts of 2.2 million barrels per day (bpd) to the market since last April. The production ceiling will be gradually raised to 547,000 bpd by September 2025, when the cuts will be phased out.
The largest importers of Iraqi oil
Led by China, Asian countries continued to receive the majority of Iraq’s seaborne crude oil exports during August, as follows:
China: 1.43 million barrels per day.
India: 958,000 barrels per day.
South Korea: 226,000 barrels per day.
China’s imports of Iraqi oil jumped by 331,000 barrels per day in August, compared to the previous month’s export rate of 1.099 million barrels per day.
India’s imports of Iraqi crude oil also rose last month by more than 209,000 barrels per day (bpd), compared to July’s 749,000 bpd.
In the same context, Baghdad exported 271,000 barrels of oil per day in August of unknown destinations, with most of this estimated to go to Beijing, following updated data.
In contrast, Iraq’s oil exports to South Korea declined by 219,000 barrels per day in August, compared to the previous month’s exports of 445,000 barrels per day.
US imports of Iraqi oil jumped last month to 159,000 barrels per day, compared to more than 96,000 in July, an increase of 63,000 barrels per day.
burathanews.com
