HS Icon Refined Petroleum in  Flag Russia

2021
Exports | Imports
: $81.8B | $1.64B, World Rnk 2 / 218
Flag Rnk 2 / 1209 | World Rnk 81 / 226
Flag Rnk 22 / 1206

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $8.59B | $116M, United States |  Finland

2021
ECONOMIC COMPLEXITY of Russia
: 0.46, Rnk 45 / 131

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

Exports In 2021, Russia exported $81.8B 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 ($14.2B), United States ($13.2B), France ($4.86B), China ($3.91B), and Turkey ($3.75B).

The fastest growing export markets for Refined Petroleum of Russia between 2020 and 2021 were United States ($8.59B), Netherlands ($7.41B), and France ($1.94B).

Imports In 2021, Russia imported $1.64B in Refined Petroleum, becoming the 81st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 22nd most imported product in Russia. Russia imports Refined Petroleum primarily from: Finland ($330M), Germany ($162M), Hong Kong ($153M), South Korea ($148M), and Belgium ($119M).

The fastest growing import markets in Refined Petroleum for Russia between 2020 and 2021 were Finland ($116M), Hong Kong ($90.7M), and South Korea ($46.3M).

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 treatment, 4.93%), Burundi (Most Favoured Nation duty rate treatment, 4.93%), Benin (Most Favoured Nation duty rate treatment, 4.93%), Burkina Faso (Most Favoured Nation duty rate treatment, 4.93%), and Botswana (Most Favoured Nation duty rate treatment, 4.93%).

Apr 2023

Subnational Monthly Trade

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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 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 (2021): $81.8B

IMPORTS (2021): $1.64B

NET TRADE (2021): $80.2B

In 2021, Russia exported $81.8B in Refined Petroleum. The main destinations of Russia exports on Refined Petroleum were Netherlands ($14.2B), United States ($13.2B), France ($4.86B), China ($3.91B), and Turkey ($3.75B).

In 2021, Russia imported $1.64B in Refined Petroleum, mainly from Finland ($330M), Germany ($162M), Hong Kong ($153M), South Korea ($148M), and Belgium ($119M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Russia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Russia WERE (2020 - 2021):

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Market Concentration

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In 2021, Russia's main exporting competitors in Refined Petroleum were:

In 2021, Russia's main importing competitors in Refined Petroleum were:

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