Iraq sixth-largest oil supplier to South Korea in August with more than 3.8 million barrels

Official Korean data showed Iraq ranked sixth among the largest crude oil suppliers to South Korea during August 2026, with a share of more than 3.800 million barrels.

According to South Korea's import data, total South Korean crude oil imports amounted to 91.335 million barrels in August 2026, down 2.2% from 93.351 million barrels in August 2025, and down 2% from 93.180 million barrels in July 2026.

The data showed South Korea's imports from Iraq in August 2026 were about 3.826 million barrels, a year-on-year decrease of 65.5% compared with 11.105 million barrels in the same month of 2025, while the data recorded no Iraqi imports in July 2026.

The data showed Saudi Arabia topped the list with 21.669 million barrels, followed by the United States with 17.926 million barrels, the United Arab Emirates third with 16.761 million barrels, Kuwait fourth with 7.580 million barrels, and Oman fifth with 4.000 million barrels.

It showed Iraq in sixth place, Australia seventh with 3.616 million barrels, Mexico eighth with 2.982 million barrels, Algeria ninth with 2.480 million barrels, and Kazakhstan tenth with 2.074 million barrels.

The data indicate a clear decline in Iraq's share of the Korean market compared with last year, with volumes imported from Iraq falling by about 7.279 million barrels on a year-on-year basis.