Abstract. Increased accumulation of respired carbon in the deep ocean associated with enhanced efficiency of the biological carbon pump is thought to be a key mechanism of glacial CO2 drawdown. Despite greater oxygen solubility due to sea surface cooling, recent quantitative and qualitative proxy data show glacial deep-water deoxygenation, reflecting increased accumulation of respired carbon. However, the mechanisms of deep-water deoxygenation and contribution from the biological pump to glacial CO2 drawdown have remained unclear. In this study, we report the significance of iron fertilization from glaciogenic dust for glacial CO2 decrease and deep-water deoxygenation using our numerical simulation, which successfully reproduces the magnitude and large-scale pattern of the observed oxygen changes from the present to Last Glacial Maximum. Sensitivity experiments reveal that physical changes (e.g., more sluggish ocean circulation) contribute to only half of all glacial deep deoxygenation, whereas the other half is driven by enhanced efficiency of the biological pump. We found that iron input from the glaciogenic dust with higher iron solubility is the most significant factor for enhancement of the biological pump and deep-water deoxygenation. Glacial deep-water deoxygenation expands the hypoxic waters in the deep Pacific and Indian Ocean. The simulated global volume of hypoxic waters is nearly double the present value, which suggest that the glacial deep-water is sever environment for the benthic animals. Our model underestimated the deoxygenation in the deep Southern Ocean due to enhanced ventilation. The model-proxy comparison of oxygen change suggest that the stratified Southern Ocean is required for reproducing oxygen decline in the deep Southern Ocean. Enhanced efficiency of biological pump contributes to decrease of glacial CO2 by more than 30 ppm, which is supported by the model-proxy agreement of oxygen change. Our findings confirm the significance of the biological pump in glacial CO2 drawdown and deoxygenation.