Iraq reached a new milestone in its oil exports last year, becoming South Korea’s fourth-largest crude oil supplier, according to energy-focused publication MEES. The country recorded its highest shipment level to the Asian nation in seven years.

Data shows that Iraq exported an average of 113.7 million barrels in 2025, equivalent to roughly 311,500 barrels per day. This marks a 12% increase compared to 2024, highlighting Iraq’s growing presence in South Korea’s oil market.

South Korea’s total crude imports held steady at around 2.8 million barrels per day, though the share coming from Middle Eastern countries fell to about 70%, the lowest since 2022, as Seoul diversifies its oil sources.

Saudi Arabia remained the top supplier despite a 1% decline, shipping 945,200 barrels daily. The United States rose to the second spot with a record 460,200 barrels per day, up 5% from 2024. The UAE came third, even though its shipments dropped 18% to 317,200 barrels daily. Meanwhile, Kuwait increased exports to 237,600 barrels per day, a 6% rise, reflecting regional producers’ push to maintain market share amid growing competition.