Crude Petroleum in Russia

EXPORTS (2018): $134B, World Rnk 2 / 120
Flag Rnk 1 / 1196

TOP DESTINATION (2018): $35.1B, China

FASTEST GROWING MARKET (2017 - 2018): $14.4B, China

IMPORTS (2018): $25M, World Rnk 88 / 148
Flag Rnk 691 / 1200

TOP ORIGIN (2018): $24.5M, Kazakhstan

FASTEST GROWING ORIGIN (2017 - 2018): $4.89M, Kazakhstan

ECONOMIC COMPLEXITY of Russia (2018): 0.6, Rnk 41 / 137

Overview: This page contains the latest trade data of Crude Petroleum in Russia.

Exports: In 2018, Russia exported $134B in Crude Petroleum, making it the 2nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Russia. The main destination of Crude Petroleum exports from Russia are: China ($35.1B), Netherlands ($20.3B), Germany ($11.7B), Poland ($8.69B), and South Korea ($8.08B).

The fastest growing export markets for Crude Petroleum of Russia between 2017 and 2018 were China ($14.4B), Netherlands ($6.12B), and South Korea ($4.18B).

Imports: In 2018, Russia imported $25M in Crude Petroleum, becoming the 88th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 691st most imported product in Russia. Russia imports Crude Petroleum primarily from: Kazakhstan ($24.5M), Azerbaijan ($483k), Iraq ($3.34k), and Belarus ($1.48k).

The fastest growing import markets in Crude Petroleum for Russia between 2017 and 2018 were Kazakhstan ($4.89M), Azerbaijan ($105k), and Iraq ($3.34k).

Tariffs: In 2018, the average tariff for Russia in Crude Petroleum was 1.36%. The countries with the highest import tariffs for Crude Petroleum were Angola (1.43%), Burundi (1.43%), Benin (1.43%), Burkina Faso (1.43%), and Botswana (1.43%).

Value

EXPORTS (2018): $134B

IMPORTS (2018): $25M

NET TRADE (2018): $134B

In 2018, Russia exported $134B in Crude Petroleum. The main destinations of Russia exports on Crude Petroleum were China ($35.1B), Netherlands ($20.3B), Germany ($11.7B), Poland ($8.69B), and South Korea ($8.08B).

In 2018, Russia imported $25M in Crude Petroleum, mainly from Kazakhstan ($24.5M), Azerbaijan ($483k), Iraq ($3.34k), and Belarus ($1.48k).

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IN 2018, Russia HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

  • China, $35.1B ($35.1B - $0)
  • Netherlands, $20.3B ($20.3B - $0)
  • Germany, $11.7B ($11.7B - $0)

IN 2018, Russia HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

  • Kazakhstan, -$16.6M ($7.84M - $24.5M)
  • Iraq, -$3.34k ($0 - $3.34k)
Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Russia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Russia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Russia's main exporting competitors in Crude Petroleum were:

In 2018, Russia's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crude Petroleum in Russia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Russia in Crude Petroleum was 1.36%.

The countries with the highest tariffs for Crude Petroleum in Russia were Angola (1.43%), Burundi (1.43%), Benin (1.43%), Burkina Faso (1.43%), and Botswana (1.43%).

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