Japan’s crude oil imports dropped to 4.07 million kilolitres in April, the lowest level in years due to regional supply constraints.
Japan’s crude oil imports fell 66% year-over-year in April to 4.07 million kilolitres, or roughly 850,000 barrels per day, as Middle East supply disruptions weighed on shipments. The decline marks a sharp reversal from April 2025 levels, when imports were significantly higher.
The Middle East, which previously supplied over 90% of Japan’s crude, saw deliveries collapse amid ongoing geopolitical tensions. Official data from the Ministry of Economy, Trade and Industry highlighted the severity of the drop, reflecting broader regional supply chain challenges.
The reduction in imports may pressure domestic refining activity and energy prices, though market reactions remain muted as traders assess long-term supply risks.