HS Icon Refined Petroleum in  Flag Russia

2020
Exports | Imports
: $48B | $1.3B, World Rnk 2 / 212
Flag Rnk 2 / 1210 | World Rnk 67 / 224
Flag Rnk 19 / 1205

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.48B | $105M, France |  Belarus

2020
ECONOMIC COMPLEXITY of Russia
: 0.5, Rnk 43 / 127

2020
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.94, Rnk 822 / 1029

Exports In 2020, Russia exported $48B in Refined Petroleum, making it the 2nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Russia. The main destination of Refined Petroleum exports from Russia are: Netherlands ($6.79B), United States ($4.62B), France ($2.92B), Turkey ($2.49B), and Germany ($2.22B).

The fastest growing export markets for Refined Petroleum of Russia between 2019 and 2020 were France ($1.48B), Gibraltar ($470M), and Ukraine ($439M).

Imports In 2018, Russia imported $1.3B in Refined Petroleum, becoming the 67th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 19th most imported product in Russia. Russia imports Refined Petroleum primarily from: Finland ($214M), Belarus ($151M), Germany ($126M), Turkey ($107M), and South Korea ($101M).

The fastest growing import markets in Refined Petroleum for Russia between 2019 and 2020 were Belarus ($105M), Hong Kong ($43.5M), and Finland ($13.2M).

Subnational Monthly Trade

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Y-AXIS SCALE

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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

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EXPORTS (2020): $48B

IMPORTS (2020): $1.3B

NET TRADE (2020): $46.7B

In 2020, Russia exported $48B in Refined Petroleum. The main destinations of Russia exports on Refined Petroleum were Netherlands ($6.79B), United States ($4.62B), France ($2.92B), Turkey ($2.49B), and Germany ($2.22B).

In 2020, Russia imported $1.3B in Refined Petroleum, mainly from Finland ($214M), Belarus ($151M), Germany ($126M), Turkey ($107M), and South Korea ($101M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Russia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Russia WERE (2019 - 2020):

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Market Concentration

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In 2020, Russia's main exporting competitors in Refined Petroleum were:

In 2020, Russia's main importing competitors in Refined Petroleum were:

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