2022
Exports
$71.5BWorld Rnk 3 / 160
Flag Rnk 2 / 1200
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$221MWorld Rnk 82 / 222
Flag Rnk 206 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $71.5B in Petroleum Gas, making it the 3rd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most exported product in Russia. The main destination of Petroleum Gas exports from Russia are: Italy ($12B), China ($9.5B), Czechia ($6.79B), France ($5.73B), and Hungary ($5.58B).

The fastest growing export markets for Petroleum Gas of Russia between 2021 and 2022 were China ($6.76B), Hungary ($3.95B), and Czechia ($3.7B).

Imports In 2022, Russia imported $221M in Petroleum Gas, becoming the 82nd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 206th most imported product in Russia. Russia imports Petroleum Gas primarily from: Kazakhstan ($182M), Uzbekistan ($18M), South Korea ($11.8M), Azerbaijan ($5.41M), and Egypt ($1.9M).

The fastest growing import markets in Petroleum Gas for Russia between 2021 and 2022 were Kazakhstan ($22.1M), Egypt ($1.9M), and South Korea ($1.69M).

Latest Trends

Aug 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 (2022)$71.5B
IMPORTS (2022)$221M
NET TRADE (2022)$71.3B

In 2022, Russia exported $71.5B in Petroleum Gas. The main destinations of Russia exports on Petroleum Gas were Italy ($12B), China ($9.5B), Czechia ($6.79B), France ($5.73B), and Hungary ($5.58B).

In 2022, Russia imported $221M in Petroleum Gas, mainly from Kazakhstan ($182M), Uzbekistan ($18M), South Korea ($11.8M), Azerbaijan ($5.41M), and Egypt ($1.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$6.76B (247%)
Hungary$3.95B (241%)
Czechia$3.7B (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Russia WERE (2021 - 2022):
United Kingdom-$776M (-62.3%)
Romania-$347M (-66.6%)
Ukraine-$326M (-84.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Petroleum Gas were:
In 2022, Russia's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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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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