HS Icon Refined Petroleum in  Flag Russia

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Exports | Imports
: $66.2B | $1.35B, World Rnk 2 / 214
Flag Rnk 2 / 1208 | World Rnk 83 / 225
Flag Rnk 24 / 1210

2019
ECONOMIC COMPLEXITY of Russia
: 0.54, Rnk 48 / 147

2019
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.87, Rnk 800 / 1029

Exports In N/A, Russia exported $66.2B 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 ($12.4B), United States ($4.85B), Turkey ($3.91B), China ($3.34B), and Germany ($3.07B).

The fastest growing export markets for Refined Petroleum of Russia between 2018 and 2019 were United States ($678M), Latvia ($406M), and Romania ($259M).

Imports In N/A, Russia imported $1.35B in Refined Petroleum, becoming the 83rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 24th most imported product in Russia. Russia imports Refined Petroleum primarily from: Finland ($201M), China ($170M), Germany ($140M), Belgium ($121M), and Turkey ($103M).

Tariffs In 2018, the average tariff for Russia in Refined Petroleum was 4.7%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatement, 4.93%), Burundi (Most Favoured Nation duty rate treatement, 4.93%), Benin (Most Favoured Nation duty rate treatement, 4.93%), Burkina Faso (Most Favoured Nation duty rate treatement, 4.93%), and Botswana (Most Favoured Nation duty rate treatement, 4.93%).

Historical Data

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EXPORTS (2019): $66.2B

IMPORTS (2019): $1.35B

NET TRADE (2019): $64.8B

In 2019, Russia exported $66.2B in Refined Petroleum. The main destinations of Russia exports on Refined Petroleum were Netherlands ($12.4B), United States ($4.85B), Turkey ($3.91B), China ($3.34B), and Germany ($3.07B).

In 2019, Russia imported $1.35B in Refined Petroleum, mainly from Finland ($201M), China ($170M), Germany ($140M), Belgium ($121M), and Turkey ($103M).

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IN 2019, Russia HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2019, Russia HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Russia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Russia WERE (2018 - 2019):

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Market Concentration

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In 2019, Russia's main exporting competitors in Refined Petroleum were:

In 2019, Russia's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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In 2018, the average tariff for Russia in Refined Petroleum was 4.7%.

The countries with the highest tariffs for Refined Petroleum in Russia were Angola (Most Favoured Nation duty rate treatement, 4.93%), Burundi (Most Favoured Nation duty rate treatement, 4.93%), Benin (Most Favoured Nation duty rate treatement, 4.93%), Burkina Faso (Most Favoured Nation duty rate treatement, 4.93%), and Botswana (Most Favoured Nation duty rate treatement, 4.93%).