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Home International Customs

Japan’s oil import up 48% from Iran in March

byCustoms Today Report
01/05/2015
in International Customs
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TEHRAN: Japan’s oil imports from Iran increased to 230,000 barrels per day in March which indicates a 48 percent growth compared to the figure for the same month last year.
The reported increase placed Iran as the fifth major supplier of crude oil to Japan in March.
Japan’s Ministry of Economy, Trade and Industry announced earlier this month that Tokyo imported 26 percent more oil from Iran in 2015. The world’s third biggest economy had imported 193,000 barrels per day of oil from Iran in January and 260,000 barrels per day in February.
The significant increase in Japan’s oil import from Iran in February comes as the country’s total oil imports displayed a decline of 6 percent compared to the figure for the previous month.

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