Japan averaged 4.2 million bbl/d of net Oil imports from the Persian Gulf during 2003. Japans dependence on the Persian Gulf for its oil supplies increased sharply since the low point of 57% in 1988 to a high of 78% in 2003. About 30% of Japans Persian Gulf imports in 2003 came from Saudi Arabia, 29% from the United Arab Emirates, 17% from Iran, 12% from Kuwait, 11% from Qatar, and around 1% from Bahrain and Iraq combined. Japans oil imports from the Persian Gulf as a percentage of demand continued to rise to new highs, reaching 78% in 2003.