China’s rising appetite for oil has made Iraqi oil exports to China a key focus in global energy trade. Iraq exported over 1.42 million barrels per day to China during June. This marked a sharp increase from the same period last year.
Compared to 2024, Iraq’s oil shipments rose by 310,000 barrels per day. The growth represents a 28 percent increase on an annual basis. This jump highlights China’s expanding reliance on Iraqi crude.
India and China remain the biggest buyers of Iraqi oil. Both countries continue strengthening their energy ties with Iraq. Customs data from both nations confirm this growing pattern of trade. Iraq has become one of the top exporters supplying Asia’s energy demands.
In May, China imported 1.11 million barrels per day from Iraq. That marked a slight increase of 22,000 barrels per day from May 2024. These figures show consistent demand for Iraqi oil exports to China, even before June’s large jump.
Iraq also reported strong export levels in April. During that month, Iraq shipped 4.59 million tons of oil to China. That volume equals nearly 29.32 million barrels. This consistency reflects Iraq’s stable production and China’s trust in Iraqi oil.
When compared with other major suppliers, Iraq ranks fourth in oil exports to China. Russia led the list with 8.7 million tons. Malaysia followed with 7.95 million tons. Saudi Arabia came third with 5.53 million tons. Iraq’s growing share confirms its steady position among the world’s key oil partners.
The average daily exports of Iraqi oil to China in 2024 reached 1.19 million barrels. These figures, from the US Institute for Energy Research, underline a strong and consistent relationship.
This rising trade benefits both countries. Iraq gains vital revenue, while China secures stable fuel supplies. The success of Iraqi oil exports to China strengthens Iraq’s position in the Asian oil market. At the same time, it reflects China’s strategy of diversifying its energy sources.
As global oil markets shift, Iraq continues to play a strategic role. The boost in exports may also influence future production levels. This momentum could help Iraq invest more in its energy infrastructure.
Looking ahead, both countries seem set to deepen their energy partnership. For Iraq, China remains a top priority in its export strategy.