2022
Exports | Imports
$67.4B | $1.37BWorld Rnk 4 / 214
Flag Rnk 3 / 1200
World Rnk 98 / 225
Flag Rnk 18 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 800 / 1025

About

Exports In 2022, Russia exported $67.4B in Refined Petroleum, making it the 4th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Russia. The main destination of Refined Petroleum exports from Russia are: Turkey ($6.51B), France ($6.46B), Germany ($5.19B), United States ($4.73B), and India ($4.05B).

The fastest growing export markets for Refined Petroleum of Russia between 2021 and 2022 were India ($3.28B), Germany ($2.78B), and Turkey ($2.76B).

Imports In 2022, Russia imported $1.37B in Refined Petroleum, becoming the 98th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 18th most imported product in Russia. Russia imports Refined Petroleum primarily from: Turkey ($289M), South Korea ($233M), Germany ($124M), Finland ($110M), and China ($96.5M).

The fastest growing import markets in Refined Petroleum for Russia between 2021 and 2022 were Turkey ($173M), South Korea ($86.3M), and Kazakhstan ($39.3M).

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

Latest Trends

Jan 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 Refined 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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Historical Data

Trade Balance

Color
EXPORTS (2022)$67.4B
IMPORTS (2022)$1.37B
NET TRADE (2022)$66B

In 2022, Russia exported $67.4B in Refined Petroleum. The main destinations of Russia exports on Refined Petroleum were Turkey ($6.51B), France ($6.46B), Germany ($5.19B), United States ($4.73B), and India ($4.05B).

In 2022, Russia imported $1.37B in Refined Petroleum, mainly from Turkey ($289M), South Korea ($233M), Germany ($124M), Finland ($110M), and China ($96.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Russia WERE (2021 - 2022):
India$3.28B (421%)
Germany$2.78B (115%)
Turkey$2.76B (73.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Russia WERE (2021 - 2022):
Netherlands-$11.9B (-84.2%)
United States-$8.49B (-64.2%)
Malta-$1.96B (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Refined Petroleum were:
In 2022, Russia's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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