Economy News – Baghdad
According to recent data from the US Energy Information Administration and analytical insights from Kepler Analysis, Canada emerged as the leading exporter of crude oil to the United States in December 2025, averaging exports of 3.8 million barrels per day. Mexico followed with an export rate of 457,000 barrels per day, while Saudi Arabia secured the third position with exports amounting to 275,000 barrels per day.
Further insights reveal that Venezuela ranked fourth with a rate of 228,000 barrels per day, closely followed by Brazil at fifth place with 225,000 barrels per day. Colombia’s exports were recorded at sixth place with 210,000 barrels per day.
In the context of major oil exporters to the United States, Iraq held the seventh position, with an average export rate of 198,000 barrels per day. Nigeria ranked eighth with 139,000 barrels per day, while Ecuador secured the ninth position with 120,000 barrels per day.
In a related development, White House officials announced that President Donald Trump has mandated the implementation of tariffs on imports from Canada and Mexico. This decision comes in response to what the administration identifies as a national emergency linked to illegal immigration.
The new tariff structure will impose a 25% customs duty on energy imports from Mexico, while energy products from Canada will be subject to a 10% tariff.
As leading exporters of crude oil to the US, Canada and Mexico account for approximately 25% of the oil refined into fuel products such as gasoline and heating oil, as reported by the US Department of Energy.
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