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Where Chinese EVs Are Selling the Most Worldwide

2026-03-05 02:53:07

See more visuals like this on the Voronoi app.

Chart showing how popular Chinese EVs are worldwide, from 90% market share in Mexico to under 1% in the U.S.

How Popular Chinese EVs Are in Different Countries

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Chinese-made BEVs account for nearly 90% of Mexico’s EV sales and over 60% in Indonesia.
  • They represent 26% of UK sales but remain below 1% in the U.S.

While China dominates domestic EV production, its brands are increasingly visible in showrooms across Europe, Asia, and Latin America, but have minimal presence in the United States. This visualization shows the share of battery electric vehicles (BEVs) sold in selected countries that were made in China from 2018 to 2025.

The data for this graphic comes from Benchmark Mineral Intelligence. The figures include battery electric vehicles only, excluding hybrids.

Mexico and Indonesia: Breakout Markets

Mexico has quickly become one of the strongest overseas markets for Chinese EVs. In 2025, 89.9% of all BEVs sold in Mexico were made in China, up sharply from 28.3% in 2023. In volume terms, Chinese-made EV sales surged from 3,145 units in 2023 to 53,742 in 2025.

% of BEVs Made in China 2018 2019 2020 2021 2022 2023 2024 2025
🇨🇳 China 98.0% 95.2% 99.3% 100.0% 100.0% 99.9% 100.0% 100.0%
🇮🇳 India 0.0% 0.0% 0.0% 0.0% 1.2% 2.3% 2.7% 2.9%
🇯🇵 Japan 0.0% 0.0% 0.0% 23.3% 11.3% 8.7% 12.5% 25.5%
🇦🇺 Australia 0.0% 0.0% 0.0% 67.7% 77.3% 82.5% 76.5% 79.5%
🇦🇹 Austria 0.0% 0.4% 2.1% 13.4% 20.6% 21.8% 30.2% 22.4%
🇧🇪 Belgium 0.0% 0.1% 4.6% 18.7% 23.1% 19.7% 23.5% 16.2%
🇨🇦 Canada 0.0% 0.0% 0.1% 1.6% 1.9% 20.4% 19.9% 0.8%
🇩🇰 Denmark 0.0% 0.0% 5.4% 14.0% 20.4% 26.5% 23.7% 14.8%
🇫🇮 Finland 0.0% 0.0% 1.0% 7.5% 16.1% 13.9% 24.2% 16.1%
🇫🇷 France 0.0% 0.0% 2.6% 14.5% 26.1% 31.4% 16.3% 13.0%
🇩🇪 Germany 0.0% 0.0% 1.2% 10.7% 19.5% 18.0% 18.8% 15.9%
🇮🇩 Indonesia 0.0% 0.0% 0.0% 0.3% 0.1% 3.2% 39.8% 61.6%
🇮🇪 Ireland 0.0% 0.0% 0.8% 8.6% 11.8% 20.9% 29.4% 21.0%
🇮🇱 Israel 77.3% 64.0% 54.6% 70.8% 72.3% 68.2% 76.9% 84.8%
🇮🇹 Italy 0.0% 0.0% 0.8% 14.1% 17.0% 28.5% 36.7% 37.0%
🇲🇽 Mexico 0.0% 0.0% 0.0% 0.0% 4.8% 28.3% 82.4% 89.9%
🇳🇱 Netherlands 0.0% 1.6% 9.0% 14.7% 13.5% 17.9% 27.6% 17.4%
🇳🇿 New Zealand 0.0% 0.1% 8.1% 62.4% 69.9% 63.9% 46.6% 70.5%
🇳🇴 Norway 0.0% 0.0% 10.2% 23.0% 23.7% 19.2% 26.3% 19.1%
🇵🇹 Portugal 0.0% 0.0% 0.3% 10.2% 18.3% 25.3% 38.7% 30.8%
🇰🇷 South Korea 0.0% 0.0% 0.0% 0.1% 7.0% 13.5% 23.4% 30.9%
🇪🇸 Spain 0.0% 0.0% 0.5% 14.0% 20.7% 29.6% 42.0% 35.9%
🇸🇪 Sweden 0.0% 0.0% 6.4% 21.7% 22.3% 21.8% 27.1% 17.2%
🇨🇭 Switzerland 0.0% 0.0% 3.1% 20.3% 21.6% 12.2% 20.1% 15.7%
🇬🇧 UK 0.0% 1.7% 6.4% 12.2% 27.3% 25.0% 24.0% 26.0%
🇺🇸 USA 0.0% 0.0% 0.1% 0.5% 1.4% 0.8% 0.3% 0.5%

Indonesia shows a similar trajectory. Chinese BEVs accounted for just 3.2% of sales in 2023, but that figure jumped to 61.6% by 2025. Sales volumes climbed from 543 vehicles to 64,252 over the same period, underscoring how quickly Chinese brands have scaled in emerging markets.

Strong Footholds in Europe and Asia-Pacific

In the UK, Chinese-made BEVs represented 26.0% of total EV sales in 2025, totaling 129,069 vehicles. Several European markets—including Spain (35.9%), Portugal (30.8%), and Italy (37.0%)—also show meaningful penetration.

Australia stands out even more, with Chinese brands accounting for 79.5% of BEV sales in 2025. New Zealand (70.5%) and Israel (84.8%) also report high shares.

The U.S. Remains an Outlier

Despite China’s dominance in global EV manufacturing, the U.S. market remains largely closed to Chinese-made BEVs. In 2025, they accounted for just 0.5% of American EV sales, or 6,070 vehicles.

Rank Country 2025 Sales
1 🇨🇳 China 7,968,936
2 🇬🇧 UK 129,069
3 🇩🇪 Germany 87,650
4 🇦🇺 Australia 82,147
5 🇰🇷 South Korea 66,783
6 🇮🇩 Indonesia 64,252
7 🇲🇽 Mexico 53,742
8 🇮🇱 Israel 48,250
9 🇫🇷 France 46,493
10 🇪🇸 Spain 40,009
11 🇳🇴 Norway 35,562
12 🇮🇹 Italy 35,348
13 🇳🇱 Netherlands 30,958
14 🇧🇪 Belgium 23,740
15 🇯🇵 Japan 20,553
16 🇩🇰 Denmark 19,707
17 🇸🇪 Sweden 18,242
18 🇵🇹 Portugal 17,180
19 🇦🇹 Austria 14,496
20 🇨🇭 Switzerland 8,923
21 🇺🇸 USA 6,070
22 🇮🇪 Ireland 5,351
23 🇮🇳 India 5,332
24 🇳🇿 New Zealand 5,226
25 🇫🇮 Finland 4,589
26 🇨🇦 Canada 792

Trade policy, tariffs, and geopolitical tensions have limited Chinese automakers’ access to the U.S. market.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Battery Manufacturing Investment by Country on Voronoi, the new app from Visual Capitalist.

Ranked: The 15 Countries With the Most Supercomputers

2026-03-05 00:55:19

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This tree map shows which countries have the most supercomputers.

Ranked: The Countries With the Most Supercomputers

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • The U.S. has 171 supercomputers, four times more than the next country, Japan, which has 43.
  • China is tied for third alongside Germany, both with 40 supercomputers.

Supercomputers are used for everything from weather forecasting and high-powered simulations to artificial intelligence and defense.

The number of supercomputers a country has gives an indication of their technological and economic positioning, and how they prioritize frontier research.

This graphic ranks the countries with the most supercomputers, and the data comes from TOP500’s November 2025 list.

Which Countries Have the Most Supercomputers?

The U.S., the birthplace of supercomputers, dominates the list at 171. The figure is four times higher the number of supercomputers Japan has, which comes in second place at 43.

The data table below shows the number of supercomputers per country as of November 2025:

Country Supercomputers
🇺🇸 United States 171
🇯🇵 Japan 43
🇩🇪 Germany 40
🇨🇳 China 40
🇫🇷 France 23
🇨🇦 Canada 19
🇮🇹 Italy 18
🇰🇷 South Korea 15
🇹🇼 Taiwan 10
🇧🇷 Brazil 10
🇳🇴 Norway 9
🇬🇧 United Kingdom 9
🇸🇪 Sweden 8
🇵🇱 Poland 8
🇳🇱 Netherlands 7
🇸🇦 Saudi Arabia 7
🇮🇳 India 6
🇸🇬 Singapore 5
🇦🇪 United Arab Emirates 5
🇷🇺 Russia 5
🇦🇺 Australia 4
🇫🇮 Finland 3
🇨🇭 Switzerland 3
🇮🇱 Israel 3
🇨🇿 Czechia 3
🇪🇸 Spain 3
🇸🇮 Slovenia 2
🇮🇪 Ireland 2
🇦🇹 Austria 2
🇰🇿 Kazakhstan 2
🇹🇭 Thailand 2
🇹🇷 Turkey 2
🇮🇸 Iceland 1
🇱🇺 Luxembourg 1
🇸🇰 Slovakia 1
🇩🇰 Denmark 1
🇧🇬 Bulgaria 1
🇭🇺 Hungary 1
🇵🇹 Portugal 1
🇧🇪 Belgium 1
🇲🇦 Morocco 1
🇦🇷 Argentina 1
🇻🇳 Vietnam 1

China and Germany trail closely, tied in third and fourth place at 40 supercomputers.

The ranking is significantly top-heavy, as the top three countries have more supercomputers than all the other 43 countries combined. In total, 26 countries have five or fewer supercomputers each, while 11 have just one supercomputer.

It is not necessarily smaller countries that have fewer supercomputers. Singapore, for example, has the same number as Russia and India at five. The Singaporean government recently launched a supercomputing hub as it looks to become Southeast Asia’s AI leader.

Increasing AI-Driven Supercomputer Demand

Demand for supercomputers is increasing alongside AI, which requires massive computational power to be trained and run, which far surpass what regular computers are capable of.

There are different types of supercomputers but generally they can crunch vast and complex datasets at speed, far surpassing humanity’s capabilities. By outputting useful information, supercomputers are used to make decisions across health, climate, and material science, which is why they are tipped to hold the key to some of society’s greatest challenges.

Nordic countries actually share access to their supercomputers in efforts to “enable excellence” and contribute towards the UN’s sustainable Development Goals.

The Finland-based LUMI supercomputer, the ninth most powerful in the world, was set up specifically with this in mind; it is hosted by a consortium of 10 countries, including the Nordics and their neighbor Estonia, to share resources and increase researcher access to some of the world’s most powerful computers.

The EU-funded RAISE center was set to develop novel AI technologies that can run effectively on supercomputers, while the U.S. is ramping up partnerships with AI companies to stack its national labs with powerful compute clusters.

Learn More on the Voronoi App

To learn more about supercomputers, check out this graphic on Voronoi which breaks down the largest computing clusters.

Ranked: The Countries Adding the Most to Global GDP (2026–2030)

2026-03-04 22:23:25

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Ranked: Fastest GDP growth from 2026–2030 by dollars added, based on IMF projections.

The Countries Adding the Most to Global GDP (2026–2030)

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • China (+$5.7T), the U.S. (+$5.0T), and India (+$2.1T) account for nearly half (49.7%) of total expected GDP added through 2030.
  • Suriname is forecasted to be the world’s fastest growing economy over the next 5 years, with 137% GDP growth, according to the IMF.

Over the next five years, nearly half of all projected global GDP growth is expected to come from just three countries: China, the United States, and India.

While nearly every economy is projected to expand through 2030, the bulk of new output will be concentrated among a small group of heavyweight nations.

This ranking looks at which nations are expected to add the most to global GDP between 2026 and 2030, based on IMF World Economic Outlook (WEO) projections. Importantly, these figures reflect nominal GDP increases in U.S. dollars and are not in real terms (i.e. adjusted for inflation).

China and the U.S. Lead in Absolute Growth

China ranks first in total GDP added, projected to expand by $5.7 trillion between 2026 and 2030. The United States follows closely behind at $5.0 trillion. Despite slower percentage growth compared to emerging markets, their sheer size means even modest expansion translates into massive dollar gains.

Rank Country GDP Added (2026-2030, $Billions), Projected
1 🇨🇳 China $5,686.2
2 🇺🇸 United States $4,993.0
3 🇮🇳 India $2,122.4
4 🇬🇧 United Kingdom $974.1
5 🇩🇪 Germany $685.6
6 🇯🇵 Japan $656.3
7 🇮🇩 Indonesia $528.9
8 🇧🇷 Brazil $521.8
9 🇨🇦 Canada $489.6
10 🇫🇷 France $450.6
11 🇲🇽 Mexico $411.3
12 🇦🇺 Australia $387.0
13 🇹🇷 Türkiye $385.7
14 🇪🇸 Spain $338.2
15 🇰🇷 South Korea $334.5
16 🇷🇺 Russia $320.4
17 🇮🇹 Italy $283.5
18 🇸🇦 Saudi Arabia $280.2
19 🇵🇱 Poland $276.4
20 🇵🇭 Philippines $212.6
21 🇹🇼 Taiwan $198.4
22 🇧🇩 Bangladesh $197.5
23 🇳🇱 Netherlands $194.5
24 🇪🇬 Egypt $190.3
25 🇨🇭 Switzerland $184.5
26 🇦🇷 Argentina $174.7
27 🇦🇪 UAE $163.7
28 🇻🇳 Vietnam $155.7
29 🇲🇾 Malaysia $141.1
30 🇮🇷 Iran $135.7
31 🇮🇱 Israel $132.7
32 🇮🇪 Ireland $130.7
33 🇸🇪 Sweden $120.6
34 🇸🇬 Singapore $115.1
35 🇰🇿 Kazakhstan $109.7
36 🇳🇬 Nigeria $109.3
37 🇹🇭 Thailand $92.6
38 🇪🇹 Ethiopia $92.2
39 🇨🇴 Colombia $90.5
40 🇭🇰 Hong Kong SAR $90.3
41 🇧🇪 Belgium $88.1
42 🇩🇰 Denmark $85.8
43 🇺🇿 Uzbekistan $81.6
44 🇦🇹 Austria $81.1
45 🇳🇴 Norway $74.1
46 🇮🇶 Iraq $72.0
47 🇷🇴 Romania $69.5
48 🇨🇿 Czech Republic $68.5
49 🇿🇦 South Africa $68.4
50 🇨🇱 Chile $67.8

Meanwhile, India stands out as the only country to appear in both top-10 lists—ranking third in total GDP added (+$2.1 trillion) while also placing in the top 10 for percentage growth.

The Top 10 Drive Two-Thirds of Global Expansion

Beyond China, the U.S., and India, other major contributors include the United Kingdom, Germany, Japan, Indonesia, Brazil, and Canada.

Collectively, the top 10 countries account for 66.5% of all projected GDP added globally through 2030.

Fastest Growth Comes From Smaller Economies

While the largest economies dominate in absolute dollar gains, the fastest percentage growth is projected to come from much smaller markets.

Suriname, Malawi, and Ethiopia are expected to be the fastest-growing economies in percentage terms through 2030.

Rank Country GDP Growth (2026-2030), Forecast
1 🇸🇷 Suriname 137%
2 🇲🇼 Malawi 75.4%
3 🇪🇹 Ethiopia 73.3%
4 🇬🇳 Guinea 54.5%
5 🇺🇿 Uzbekistan 51.2%
6 🇾🇪 Yemen 49.5%
7 🇿🇲 Zambia 48.6%
8 🇪🇬 Egypt 47.6%
9 🇺🇬 Uganda 47.2%
10 🇮🇳 India 47.1%
11 🇲🇬 Madagascar 46.9%
12 🇬🇾 Guyana 46.5%
13 🇹🇿 Tanzania 45.3%
14 🇧🇹 Bhutan 44.9%
15 🇹🇲 Turkmenistan 43.8%
16 🇸🇹 São Tomé & Príncipe 43.8%
17 🇲🇿 Mozambique 43.4%
18 🇳🇵 Nepal 42.8%
19 🇲🇩 Moldova 42.7%
20 🇸🇩 Sudan 40.8%

Suriname is projected to add $6.7 billion to its economy, expanding from a $4.9 billion base in 2026—an increase of roughly 137%. Malawi is expected to grow by $13.5 billion on a $17.9 billion base, marking a gain of about 75%. Ethiopia will add $92.2 billion to its $125.7 billion economy, a rise of approximately 73%.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Wealth Needed to Be in The Richest 1% (by Country) on Voronoi, the new app from Visual Capitalist.

One Buyer Dominates Iran’s Oil Exports

2026-03-04 01:47:13

See more visualizations like this on the Voronoi app. The graphic shows a red oil barrel as a treemap detailing which countries buy the most Iranian oil

Use This Visualization

One Buyer Dominates Iran’s Oil Exports

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Recent estimates suggest that 91% of Iran’s oil exports head to China.
  • As other countries cut ties with the Middle Eastern state amid sanctions, China doubled down on the relationship.
  • Syria, The United Arab Emirates, and Venezuela are also notable buyers of Iranian oil.

Iran has long faced international sanctions over its nuclear program.

Under President Trump, the U.S. intensified pressure by imposing a broad trading ban and targeting foreign financial institutions that did business with Iran, aiming to curb its nuclear ambitions.

The expanded sanctions left only a small group of countries willing to trade with Iran, the fourth-largest oil producer in OPEC and a major fossil fuel exporter.

This graphic charts the largest purchasers of Iranian oil, based on 2024 customs data from Iran, via TradeImeX.

Iran’s Oil Exports by Country

Dive into the data below:

Rank Country Export Value ($B) Share of Total (%) Estimated Volume (Thousand bpd)
1 🇨🇳 China 32.5 90.8 1460
2 🇸🇾 Syria 1.18 3.3 53
3 🇦🇪 United Arab Emirates 0.72 2 32
4 🇻🇪 Venezuela 0.43 1.2 19
5 🇮🇶 Iraq 0.32 0.9 14
6 🇹🇷 Turkey 0.22 0.6 10
7 🇲🇾 Malaysia 0.14 0.4 6
8 🇴🇲 Oman 0.11 0.3 5
9 🇱🇧 Lebanon 0.07 0.2 3
10 🇱🇰 Sri Lanka 0.07 0.2 3

Iran earned $35.76 billion from oil exports in 2024, though much of that trade reflects geopolitical alignment as much as market demand.

China took the lion’s share, accounting for over 90% of exports, or $32.5 billion. As other countries reduced imports under international sanctions, China continued buying Iranian crude at scale, cementing its role as Tehran’s primary energy partner.

Syria was the only other country to surpass $1 billion in purchases, importing roughly $1.2 billion worth of oil in 2024, or 3.3% of total exports. The United Arab Emirates and Venezuela followed at 2% and 1.2%, respectively.

In Venezuela’s case, energy trade has included an agreement to swap Venezuelan oil for Iranian condensate amid both countries facing U.S. sanctions.

Iran Sells Its Oil Cheap

The list of countries that Iran sells to has shrunk in recent years as sanctions reshaped trade flows. In 2010, Iranian oil landed in the ports of more than 20 countries, including China, Japan, India, South Korea, and several European nations. Sanctions did not halt exports entirely, but they redirected them toward a far smaller group of buyers.

Today, Iran relies on a shadow fleet of re-flagged tankers and ship-to-ship transfers to obscure cargo origins and bypass restrictions. Price is another incentive: Iranian crude typically trades at a $3–9 per barrel discount to Brent. Its oil is relatively cheap to extract — costing as little as $10 per barrel — compared with Brent prices around $60. That discount is estimated to cost Tehran several billion dollars per year in forgone revenue, effectively the price of maintaining a limited customer base.

Learn More on the Voronoi App

To learn more about Iran’s exports, check out this creator graphic which charts the country’s top export destinations.

Visualized: The Increasing Speed of Cyberattacks

2026-03-03 23:53:00

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The following content is sponsored by Palo Alto

The Increasing Speed of Cyberattacks

Key Takeaways

  • The speed of cyberattacks is rising as first-quartile time to exfiltration dropped from 276 minutes (2024) to 72 minutes (2025).
  • With about one in five incidents reaching exfiltration in under an hour, response must begin immediately.
  • Teams need rapid containment playbooks and longer-horizon hunting to cover both “minutes” and “days” long intrusions.

Cyber intrusions rarely follow a single path once attackers get a foothold. Instead, they pivot across systems to widen impact and deepen damage.

This graphic, in partnership with Unit 42 by Palo Alto Networks, shows how the fastest incidents are accelerating, based on data from Unit 42’s Global Incident Response Report.

What “Time to Exfiltration” Captures

Here is a table that shows first-quartile time to exfiltration in 2024 vs. 2025.

Year First-Quartile Time to Exfiltration (Minutes)
2024 276
2025 72

Unit 42 tracks “time to exfiltration,” which spans initial compromise to confirmed data theft. Because attackers move quickly, that clock often decides whether defenders can interrupt the mission.

A Fourfold Drop at the Fastest End

Across Unit 42’s dataset, the median time to exfiltration measured about two days. However, the fastest cases compress that timeline dramatically, which raises the cost of any delay.

In the first quartile, time to exfiltration fell from 276 minutes in 2024 to 72 minutes in 2025. As a result, teams lose hours of investigation time in the intrusions that move fastest.

Unit 42 also reports that roughly one in five cases can reach exfiltration in under an hour. Consequently, detection, triage, and containment must begin immediately, not after escalation.

Preparing for Minutes, Not Days

Meanwhile, some intrusions still unfold over days, with deeper reconnaissance and persistence. Therefore, teams need both rapid playbooks and sustained hunting.

They can start by tightening identity controls, instrumenting endpoints and browsers, and automating containment steps.

Finally, measure the mean time to detect and respond, then rehearse decisions before an incident hits. When the speed of cyberattacks defines outcomes, readiness becomes a core control.

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Charted: Oil Trade Through the Strait of Hormuz by Country

2026-03-03 22:53:07

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Chart of Strait of Hormuz's oil flows by exporter and importer countries

Charted: Oil Trade Through the Strait of Hormuz by Country

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • China receives 37.7% of all oil exports that pass through the Strait of Hormuz, the most of any country.
  • Asian countries are most affected by a closure of the strait, receiving 89.2% of the Strait’s crude oil and condensate flows.

The Strait of Hormuz is one of the world’s most critical energy chokepoints, with both exporters and importers of crude oil heavily reliant on flows through the Strait.

This visualization maps which countries export crude oil and condensate through the Strait of Hormuz—and, more importantly, which countries import those flows. The data is from the U.S. Energy Information Administration and is for Q1 2025.

Which Countries Export Oil Through the Strait of Hormuz?

Oil flows through the Strait of Hormuz are heavily concentrated among a few Gulf producers. Saudi Arabia accounts for the largest share of crude and condensate exports transiting the strait, at 37.2% of the total.

The data table below breaks down the origin countries and their shares of crude oil and condensate exports through the Strait of Hormuz as of Q1 2025:

Country Share of the Strait of Hormuz's Oil and Condensate Exports
🇸🇦 Saudi Arabia 37.2%
🇮🇶 Iraq 22.8%
🇦🇪 United Arab Emirates 12.9%
🇮🇷 Iran 10.6%
🇰🇼 Kuwait 10.1%
🇶🇦 Qatar 4.4%
Other 1.9%

Iraq follows with 22.8%, while the United Arab Emirates contributes 12.9%. Iran (10.6%) and Kuwait (10.1%) round out the top five exporters. Together, these five countries account for 93.6% of all crude and condensate volumes moving through the strait.

This concentration underscores how closely global oil markets are tied to production in the Persian Gulf.

With recent military conflict in the Middle East and Iran’s announcement that it would attack any ship passing through the Strait, more than 20% of global oil flows are now at risk.

The Countries Reliant on Oil From the Strait of Hormuz

On the demand side, Asia is overwhelmingly reliant on oil shipments through the Strait of Hormuz. Asian countries collectively receive 89.2% of the crude oil and condensate that transit the waterway.

The data table below shows the destination countries and their shares of crude oil and condensate exports through the Strait of Hormuz as of Q1 2025:

Country Share of Oil and Condensate Imports From the Strait of Hormuz
🇨🇳 China 37.7%
🇮🇳 India 14.7%
Other Asia 13.9%
🇰🇷 South Korea 12.0%
🇯🇵 Japan 10.9%
🇪🇺 Europe 3.8%
🇺🇸 United States 2.5%
Other 4.5%

China alone accounts for 37.7% of total flows—more than any other country by a wide margin. India is the second-largest destination at 14.7%, followed by South Korea at 12.0% and Japan at 10.9%. Other Asian countries make up 13.9% of crude oil and condensate flows that pass through the Strait.

In contrast, the United States receives just 2.5% of these flows, reflecting its increased domestic production and diversified import sources.

Any closure or disruption of the Strait of Hormuz would disproportionately impact Asian economies, particularly China and India, which together receive over half of all volumes passing through the strait.

Learn More on the Voronoi App

To learn more about global crude oil trade flows, check out this graphic visualizing 2024’s biggest crude oil exporters and importers on Voronoi.