Iraq Earns More Than $37 Billion from Oil Exports in Nine Months

Reuters

The Zubair Oil Field in Basra, Iraq, 6 April 2026.

Iraq exported more than 533 million barrels of crude oil during the first nine months of this year, generating revenues of over $37 billion, according to the Eco-Iraq Observatory.

The Eco-Iraq Observatory reported that data submitted by the State Oil Marketing Organisation (SOMO) to the Iraqi parliament showed that the country exported 533,459,327 barrels of crude oil during the period.

It added that oil revenues totalled $37,388,384,828, of which more than $33 billion was deposited into the Central Bank of Iraq’s account.

The data also showed that the Kurdistan Region exported 25,095,454 barrels of oil through the port during the first nine months of the year, averaging around 93,000 barrels per day.

A further 50,757,644 barrels were exported to Türkiye through the northern route, according to the Eco-Iraq Observatory



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