Crude Petroleum in Russia 2020 Exports | Imports : $74.4B | $16.5M, World Rnk 2 / 132 Rnk 1 / 1210 | World Rnk 80 / 145 Rnk 739 / 1205
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $756M | $49.6k, Thailand | Kyrgyzstan
Exports In 2020, Russia exported $74.4B 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 ($23.8B), Netherlands ($9.26B), Germany ($6.38B), South Korea ($5.03B), and Poland ($4.22B).
The fastest growing export markets for Crude Petroleum of Russia between 2019 and 2020 were Thailand ($756M), Denmark ($112M), and Austria ($106M).
Imports In 2020, Russia imported $16.5M in Crude Petroleum, becoming the 80th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 739th most imported product in Russia. Russia imports Crude Petroleum primarily from: Kazakhstan ($16.2M), Azerbaijan ($199k), Kyrgyzstan ($49.6k), United States ($1.4k), and Estonia ($30).
The fastest growing import markets in Crude Petroleum for Russia between 2019 and 2020 were Kyrgyzstan ($49.6k), United States ($1.4k), and Estonia ($30).
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 (Most Favoured Nation duty rate treatement, 1.43%), Burundi (Most Favoured Nation duty rate treatement, 1.43%), Benin (Most Favoured Nation duty rate treatement, 1.43%), Burkina Faso (Most Favoured Nation duty rate treatement, 1.43%), and Botswana (Most Favoured Nation duty rate treatement, 1.43%).
January 2022
Overview In January 2022 Russia's Crude Petroleum exports accounted up to $10.1B and imports accounted up to $289k, resulting in a positive trade balance of $10.1B. Between January 2021 and January 2022 the exports of Russia's Crude Petroleum have increased by $3.87B (61.9%) from $6.25B to $10.1B, while imports increased by $261k (951%) from $27.5k to $289k.
Destinations In January 2022, Crude Petroleum were exported mostly to China ($3.54B), Netherlands ($1.27B), Germany ($1.21B), Poland ($623M), and Italy ($612M), and were imported mostly from .
Growth In January 2022, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to Belarus ($302M or 165%), Spain ($7.05M or 13.1%), and South Korea ($1.05M or 0.27%). In December 2021, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from .
EXPORT GROWTH (January 2021 - January 2022): $3.87B, (61.9%)
IMPORT GROWTH (October 2020 - December 2021): $261k, (951%)
MAIN EXPORTER (January 2022): Moscow, The Capital Of Russian Federation, $6.94B
MAIN DESTINATION (January 2022): China, $3.54B
This section shows Crude Petroleum's exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Crude Petroleum over time.
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EXPORTS (2020): $74.4B
IMPORTS (2020): $16.5M
NET TRADE (2020): $74.4B
In 2020, Russia exported $74.4B in Crude Petroleum. The main destinations of Russia exports on Crude Petroleum were China ($23.8B), Netherlands ($9.26B), Germany ($6.38B), South Korea ($5.03B), and Poland ($4.22B).
In 2020, Russia imported $16.5M in Crude Petroleum, mainly from Kazakhstan ($16.2M), Azerbaijan ($199k), Kyrgyzstan ($49.6k), United States ($1.4k), and Estonia ($30).
IN 2020, Russia HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:
IN 2020, Russia HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:: Kazakhstan , -$9.31M ($6.89M - $16.2M)
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Russia WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Russia WERE (2019 - 2020):
In 2019, Russia's main exporting competitors in Crude Petroleum were:
In 2019, Russia's main importing competitors in Crude Petroleum were:
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