2021
Exports | Imports
$113B | $5.82MWorld Rnk 2 / 147
Flag Rnk 1 / 1209
World Rnk 88 / 163
Flag Rnk 948 / 1206
2021
ECONOMIC COMPLEXITY of Russia
0.46Rnk 45 / 131
2021
PRODUCT COMPLEXITY IN Crude Petroleum
-2.36Rnk 1013 / 1024

About

Exports In 2021, Russia exported $113B 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 ($35.4B), Netherlands ($17B), Germany ($9.39B), Belarus ($6.7B), and South Korea ($6.24B).

The fastest growing export markets for Crude Petroleum of Russia between 2020 and 2021 were China ($11.6B), Netherlands ($7.74B), and Belarus ($3.18B).

Imports In 2021, Russia imported $5.82M in Crude Petroleum, becoming the 88th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 948th most imported product in Russia. Russia imports Crude Petroleum primarily from: Bosnia and Herzegovina ($5.16M), Azerbaijan ($535k), Kazakhstan ($124k), United States ($1.04k), and United Arab Emirates ($285).

The fastest growing import markets in Crude Petroleum for Russia between 2020 and 2021 were Bosnia and Herzegovina ($5.16M), Azerbaijan ($336k), and United Arab Emirates ($285).

Latest Trends

Dec 2023

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2021)$113B
IMPORTS (2021)$5.82M
NET TRADE (2021)$113B

In 2021, Russia exported $113B in Crude Petroleum. The main destinations of Russia exports on Crude Petroleum were China ($35.4B), Netherlands ($17B), Germany ($9.39B), Belarus ($6.7B), and South Korea ($6.24B).

In 2021, Russia imported $5.82M in Crude Petroleum, mainly from Bosnia and Herzegovina ($5.16M), Azerbaijan ($535k), Kazakhstan ($124k), United States ($1.04k), and United Arab Emirates ($285).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Russia WERE (2020 - 2021):
China$11.6B (48.8%)
Netherlands$7.74B (83.6%)
Belarus$3.18B (90.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Russia WERE (2020 - 2021):
Thailand-$855M (-94%)
New Zealand-$204M (-83.5%)
France-$185M (-49.7%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Russia's main exporting competitors in Crude Petroleum were:
In 2021, Russia's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with