Iraq Ranks Third as a Supplier of Crude Oil to China

On Tuesday, the Chinese customs data showed that Iraq was the third supplier of crude oil to China in August.
The data of the General Administration of Customs in China revealed that the largest suppliers to China in August were as follows: (from the largest)
Saudi Arabia: 8.06 million tons of crude oil, about 1.96 million barrels per day.
Russia: 6.53 million tons of crude oil, about 1.59 million barrels per day.
Iraq: 5.837 million tons of crude oil, about 1.318 million barrels per day
It is noteworthy that Iraq exports about 67% of its crude oil to East Asia, particularly China and India, while the rest is exported to Europe and the United States.

About Parvin Faghfouri Azar

Check Also

Saudi Arabia’s non-Oil Revenue Hits 50% of GDP

For decades, Saudi Arabia has been regarded as the de facto leader of OPEC and …

Leave a Reply

Your email address will not be published. Required fields are marked *