Crude Petroleum in Russia | The Observatory of Economic Complexity

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Exports In 2022, Russia exported $133B 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 ($51B), India ($25.5B), Germany ($11.5B), Netherlands ($9.25B), and Italy ($6.33B).

The fastest growing export markets for Crude Petroleum of Russia between 2021 and 2022 were India ($24.6B), China ($15.6B), and Italy ($2.49B).

Imports In 2022, Russia imported $20.1M in Crude Petroleum, becoming the 82nd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 653rd most imported product in Russia. Russia imports Crude Petroleum primarily from: Kazakhstan ($19.7M), Azerbaijan ($420k), Finland ($316), and Estonia ($21).

The fastest growing import markets in Crude Petroleum for Russia between 2021 and 2022 were Finland ($316).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Crude Petroleum from Russia to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$133B

IMPORTS (2022)$20.1M

NET TRADE (2022)$133B

In 2022, Russia exported $133B in Crude Petroleum. The main destinations of Russia exports on Crude Petroleum were China ($51B), India ($25.5B), Germany ($11.5B), Netherlands ($9.25B), and Italy ($6.33B).

In 2022, Russia imported $20.1M in Crude Petroleum, mainly from Kazakhstan ($19.7M), Azerbaijan ($420k), Finland ($316), and Estonia ($21).