MOSCOW TIME: 20.09.2019 00:41:31

Economy

Russian Oil Exports Before and After Western Sanctions

Russian Oil Exports Before and After Western Sanctions

According to official statistics of the Russian Federal Customs Service, Russias exports of oil extracted from bituminous minerals (except crude), decreased in 2017 by 24m tons or 10% in physical weight and by $58bn or 50% in value terms from 2014.

Dynamics of Russian Oil Exports in 2001/17

---In value terms (bn),---In physical terms (m t)

 .png

Russia’s exports of oil and oil products from bituminous minerals dropped in 2014/17 the lowest to the Netherlands (by $14.5bn), Italy (by $8.3bn), Latvia (by $8.1bn), Germany (by $3.9bn), South Korea (3.0 (by $2.3bn), United Kingdom (by $2.3bn), France (by $1.9bn), Ukraine (by $1.9bn), Estonia (by $1.7bn), and Singapore (by $1.6bn).

Conversely, Russias exports of bituminous mineral oil and products rose in value terms in 2014/17 to Belarus (by $0.8bn), Poland (by $0.8bn), Greece (by $0.4bn), Morocco (by $0.3bn), Senegal (by $0.2bn), India (by $0.1bn), Denmark (by $0.1bn), Saudi Arabia (by $0.1bn), Brazil (by $0.1bn) and Tunisia (by $0.1bn).


:

Russia Oil Exports World

Share this:

Share this Share this Share this

NEWS


04.09.2019 Russias trade turnover with African states up 17% in 2018

Russias trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

21.08.2019 Taiwanese delegation to promote agriculture in Russia

A Council of Agriculture-led delegation from Taiwan is to travel to Moscow on Wednesday next week to take part in a two-day promotion of Taiwanese agricultural products.

21.08.2019 Russia, China to reach $200 bln worth of trade turnover by 2024

Moscow and Beijing have set the target of boosting trade turnover to $200 bln by 2024, Chinas new Ambassador to Russia Zhang Hanhui told reporters.

EVENTS


01.10.2019 RUSSIAN ENERGY WEEK

October 1-5, 2019 Moscow (Russia)

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners