Where Data Tells the Story
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This graphic breaks down Iran’s crude oil and condensate exports by destination in 2023, highlighting how heavily Tehran relies on a small group of buyers. The visualization shows each country’s share of total exports, with proportions emphasizing the scale of concentration in Iran’s overseas oil trade. The data is sourced from the US Energy Information Administration (EIA) and reflects exports despite ongoing international sanctions.
China clearly dominates the picture, accounting for nearly all of Iran’s oil shipments. Smaller shares flow to a handful of politically aligned or strategically important partners, underscoring how sanctions have reshaped Iran’s access to global energy markets. Rather than a diversified customer base, Iran’s exports are now tightly linked to a narrow set of destinations, making its oil revenues more vulnerable to geopolitical shifts.
Overall, the data highlights Iran’s growing dependence on a single dominant buyer, leaving its oil exports exposed to changes in China’s demand or tighter sanctions enforcement.