Russia Crude Oil Exports – Russia Export Data of Crude Oil

01 October 2020
Russia Export Data

Russia’s largest export commodity in 2019 was crude oil, which was shipped worth USD 121,443 million. That dollar amount of was declined from USD 129,049 million in 2018. Russia exported 267,466,479 tons of crude oil in 2019. According to Russia export data of crude oil, Russia’s top export partner of crude oil was China, which shared 27.3% to overall value of shipments. Here is a wider perspective of Russian export market of crude oil with Russia export statistics.


Russia Exports Crude Oil 2010-2019


Since last 10 years, the highest value of crude oil exports from Russia recorded in 2018 of USD 129,049 million and the lowest value recorded in 2016 of USD 73,676 million. From 2010-2012, the export value of crude oil increased, which declined from the four consecutive years. Russia’s exports of crude oil rose in 2017 and 2018, however it decreased in 2019. Below given chart and table shows dollar amount of crude oil exports from Russia recorded from 2010 to 2019.


Year

Value USD Million

2010

128,055

2011

171,686

2012

180,929

2013

173,669

2014

153,887

2015

86,172

2016

73,676

2017

93,306

2018

129,049

2019

121,443

 


Russia exported 267,466,479 tons of crude oil in 2019 to the world. According to Russia customs data, the growth in value of crude oil registered -6% between 2018 and 2019. The growth in value of crude oil exports in the previous years as follows 34% (2010-2011), 5% (2011-2012), -4% (2012-2013), -11% (2013-2014), -44% (2014-2015), -15% (2015-2016), 27% (2016-2017) and 38% (2017-2018).


Which were Russia’s Top Export Partners of Crude Oil in 2019?


Russia’s top 10 export partners of crude oil in 2019 were China (USD 33,198 million), Netherlands (USD 20,907 million), Germany (USD 8,321 million), South Korea (USD 7,598 million), Belarus (USD 6,551 million), Italy (USD 6,518 million), Poland (USD 5,880 million), Finland (USD 4,357 million), Turkey (USD 3,681 million) and Japan (USD 3,218 million).


According to Russia trade data, Russia’s top 10 export partners of crude oil accounted for 82.5% to overall value of shipments recorded in 2019. Below given chart and table shows percentage share of these countries.



Country

Value USD %

China

27.3

Netherlands

17.2

Germany

6.9

South Korea

6.3

Belarus

5.4

Italy

5.4

Poland

4.8

Finland

3.6

Turkey

3.0

Japan

2.6

 


Our Russia export data covers a complete line of data fields including company names, HS Code, product description, value, quantity, port, foreign country and so on. Get all updates on Russian export market of crude oil with Russia trade statistics of crude oil with shipping details right here.

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