2023
Exports
$39BWorld Rnk 5 / 163
Flag Rnk 3 / 1200
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$222MWorld Rnk 81 / 220
Flag Rnk 208 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $39B in Petroleum Gas, making it the 5th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 3rd most exported product in Russia. The main destination of Petroleum Gas exports from Russia are: China ($11.7B), Japan ($4.17B), Hungary ($3.67B), Spain ($2.49B), and Slovakia ($2.49B).

The fastest growing export markets for Petroleum Gas of Russia between 2022 and 2023 were China ($850M), India ($313M), and Turkey ($203M).

Imports In 2023, Russia imported $222M in Petroleum Gas, becoming the 81st largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 208th most imported product in Russia. Russia imports Petroleum Gas primarily from: Kazakhstan ($166M), Azerbaijan ($56M), China ($655k), Italy ($81.2k), and Turkey ($31.8k).

The fastest growing import markets in Petroleum Gas for Russia between 2022 and 2023 were Azerbaijan ($50.6M), China ($322k), and Turkey ($31.8k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Petroleum Gas. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$39B
IMPORTS (2023)$222M
NET TRADE (2023)$38.7B

In 2023, Russia exported $39B in Petroleum Gas. The main destinations of Russia exports on Petroleum Gas were China ($11.7B), Japan ($4.17B), Hungary ($3.67B), Spain ($2.49B), and Slovakia ($2.49B).

In 2023, Russia imported $222M in Petroleum Gas, mainly from Kazakhstan ($166M), Azerbaijan ($56M), China ($655k), Italy ($81.2k), and Turkey ($31.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Russia WERE (2022 - 2023):
China$850M (7.83%)
India$313M (482%)
Turkey$203M (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Russia WERE (2022 - 2023):
Italy-$12.2B (-88.5%)
Czechia-$7.32B (-93.9%)
France-$3.44B (-60%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Petroleum Gas were:
In 2023, Russia's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.3B
TOP IMPORT POTENTIALAzerbaijan+ $13.7M

Petroleum Gas’s highest export potential is China. With an export gap of $10.3B.   Petroleum Gas’s highest import potential is Azerbaijan with an import gap of $13.7M.

See methodology.

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