Iraq’s Oil Exports to the U.S. in January: A Statistical Overview
The U.S. Energy Information Administration (EIA) has reported that Iraq’s oil exports to the United States exceeded 6 million barrels in January. Specifically, Iraq exported a total of 6.231 million barrels during this period, reflecting a decrease from December’s exports of 6.696 million barrels.
In terms of weekly averages for December, Iraq’s crude oil exports to the U.S. were as follows:
- First week: 152,000 barrels per day
- Second week: 218,000 barrels per day
- Third week: 336,000 barrels per day
- Fourth week: 99,000 barrels per day
This data positions Iraq as the sixth-largest exporter of oil to the U.S. in the preceding month, trailing behind Canada, Mexico, Saudi Arabia, Colombia, and Venezuela.
Notably, Iraq ranked as the second-largest Arab oil exporter to the U.S., following Saudi Arabia, which exported 11.997 million barrels. Libya positioned itself as the third-largest Arab exporter.
The dynamics of these exports are critical, highlighting Iraq’s significant role in the energy markets and its strategic partnerships within the oil sector. Understanding these trends provides valuable insights into the global oil trade and the shifting roles of exporting nations.
