CORRECTED-UPDATE 2-Japan's April oil imports hit lowest since 1962 as Iran war disrupts supply

Corrects April crude oil import milestone in headline and paragraphs 1 and 3 to lowest since 1962, not 1967. Corrects paragraph 1 to say this was the lowest in more than 60 years, not nearly 60 years

By Kantaro Komiya and Siyi Liu

- Japan's crude oil imports in April fell nearly 66% from a year earlier, the Ministry of Economy, Trade and Industry (METI) said on Friday, hitting the lowest in more than 60 years as the U.S.-Iran conflict disrupted supplies from the Middle East.

The world's fifth-largest oil importer, which relies heavily on oil from the Middle East, imported 850,000 barrels per day (4.07 million kilolitres) of crude in April, METI data showed.

It was the smallest volume since November 1962, according to past data viewable on the National Diet Library's website.

Imports from the Middle East fell 68%, the data showed. The U.S.-Israeli war on Iran that began on February 28 has severely curtailed shipping through the Strait of Hormuz, a key transit route for roughly a fifth of the world's oil and liquefied natural gas supply.

Shipments from Japan's two largest suppliers - Saudi Arabia and the United Arab Emirates - dropped 60% or more, according to the data.

Several crude oil tankers have left the Gulf this month, although energy flows via the key waterway still remained far lower than pre-war levels.

Refiners in Japan and elsewhere in Asia deepened run cuts in April and May due to oil supply shortage.

Japan's domestic oil product sales last month fell 11.3% from a year earlier to 2.04 million bpd, the data showed.

Gasoline sales dropped 2.6% to 693,875 bpd, while kerosene sales were down 13.3% to 120,524 bpd. Sales of petrochemical feedstock naphtha fell 35.6% to 406,231 bpd.

The table below outlines Japan's product sales, imports and other statistics for April. Figures are converted to bpd from kl unless otherwise noted. Inventory volumes are in millions or barrels. Percentage changes are based on bpd.

Product/Volume

April

March

M/M (%)

Yr/Yr (%)

Crude Imports

853,329

2,107,288

-59.5

-65.7

Processed

2,184,993

2,257,944

-3.2

-13.7

Shipment

1,768

920

92.3

703.8

Oil Product Sales

2,042,789

2,287,377

-10.7

-11.3

gasoline

693,875

730,640

-5.0

-2.6

kerosene

120,524

250,772

-51.9

-13.3

naphtha

406,231

448,599

-9.4

-35.6

Product Imports

352,250

355,432

-0.9

-36.2

gasoline

92,028

61,405

49.9

73.1

kerosene

1,233

21,301

-94.2

-96.3

naphtha

231,311

240,870

-4.0

-43.7

Product Exports

286,979

497,727

-42.3

-31.3

gasoline

20,489

80,713

-74.6

-52.5

kerosene

-

-

-

-

jet fuel

132,043

138,251

-4.5

-15.3

gas oil

26,047

90,002

-71.1

-73.3

fuel oil B, C

105,842

178,818

-40.8

-6.8

Refinery Output

2,081,408

2,287,359

-9.0

-11.4

gasoline

650,506

707,652

-8.1

-10.9

kerosene

129,381

164,774

-21.5

2.7

naphtha

190,090

202,684

-6.2

-22.8

jet fuel

206,085

216,542

-4.8

-5.8

gas oil

568,584

551,916

3.0

-13.4

Month End Inventory

April

March

M/M (%)

Yr/Yr (%)

Crude

54.9

59.0

-6.9

-22.1

Products

52.1

49.9

4.3

-9.7

gasoline

11.4

10.2

11.1

2.6

kerosene

7.5

7.3

3.1

-23.2

To see Japan’s monthly refinery run rate, click on OPERATE-JP

The table below outlines Japan’s crude oil imports by country. Amounts are in kilolitres.

Country

April 2026

Share

M/M

Yr/Yr

Total

4,070,061

100.0

-60.8

-65.7

Middle East

3,563,405

87.6

-64.2

-68.0

Saudi Arabia

1,821,610

44.8

-66.3

-57.7

Arab-L

389,216

-

-

-

Arab-H

578,823

-

-

-

Arab-M

177,640

-

-

-

Arab-E-L

528,742

-

-

-

Arab-S-L

147,189

-

-

-

Qatar

20,606

0.5

-84.2

-97.5

A-Shahen

20,606

-

-

-

Oman

71,465

1.8

-9.7

-51.5

Oman

71,465

-

-

-

United Arab Emirates

1,649,724

40.5

-59.1

-69.4

Murban

1,456,383

-

-

-

U-Zakum

74,056

-

-

-

DAS

62,207

-

-

-

Umm-Lulu

57,078

-

-

-

South East Asia

79,527

2.0

-

67.0

Malaysia

31,755

0.8

-

-

Sepat

31,755

-

-

-

Brunei

47,772

1.2

-

0.3

Champion

47,772

-

-

-

North America

314,221

7.7

22.0

-32.6

United States of America

314,221

7.7

22.0

-32.6

Wtim

314,221

-

-

-

Central and South America

95,553

2.3

-2.5

-42.5

Ecuador

95,553

2.3

-2.5

-42.5

Napo

95,553

-

-

-

Oceania

17,355

0.4

-46.9

31.5

Australia

17,355

0.4

-46.9

31.5

Wandoo

17,355

-

-

-

(1 kilolitre = 6.2898 barrels)