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Russian Exports Market FY 2022-23
Key Highlights: Russia has rich coal, petroleum and natural gas reserves. Russia was the second largest crude oil producer in the world. Russia was also the second largest fossil fuel coal exporter in the world. Russia was the world’s leading gas exporter. Russia’s top exports were crude petroleum, coal, metals & wood articles. Russia’s top export markets were USA, Korea, Poland, Japan & India
Russia’s Top 10 Product Exports Petroleum In FY22, Russia's crude petroleum exports were around 242 MMT. European countries, China, India, Turkey & South Korea were top importers.
Coal Russia exported around 210 MMT of coal in FY22. Top importers of Russian coal were China, India and Japan.
Metals These include exports of Iron ore, Semi- finished iron, Raw aluminium, Raw nickel, Refined copper, Hot-rolled iron, Pig iron and Scrap iron. In FY22, Russia’s metal exports were worth 72 billion dollars. China, Netherlands and Germany were top markets for Russia’s metal exports.
Precious Metals Gold, platinum, and diamonds were among Russia's top exports. Top export markets were China, Germany & Netherlands.
Lumber Top export categories were sawn wood, plywood, rough wood, particleboard, wood carpentry, fuel wood. Around 15 billion exports of wood articles were reported by Russia. Top markets were China, Netherlands and Germany.
Machinery Top Machinery exports from Russia were gas turbines, nuclear reactors, broadcasting machinery, computers and insulated wires. Kazakhstan, France and Germany were top markets for Russia’s machinery imports.
Plant Products These include barley, corn, legumes, soybeans and sunflower seeds. The major import markets were China, Netherlands and Germany.
Food The major food exports from Russia were chocolate, baked goods, processed crustaceans, hard liquor, flavoured water and confectioners' sugar. Kazakhstan, China and Belarus were major markets for Russia’s food exports.
Chemicals Russia's chemical exports were around 31 billion dollars in FY22. These include Fertilizers, ammonia, carbon, radioactive chemicals, acrylic hydrocarbons, acrylic alcohols. Brazil, United States and Kazakhstan were the top Chemicals export markets for Russia.
Animal Products Top animal products exports from Russia were Fish, pork, poultry and dairy.
Russia's Fossil Fuel Exports By Country Top Crude Oil Exporters Russia's Fossil Fuel Exports By Country China ($68 EU) Saudi Arabia Russia Turkey ($28 EU) Russia United States India ($25 EU) Iraq Qatar Germany ($24 EU) Canada Norway Netherlands ($17 EU) Iran Australia Italy ($14 EU) United Arab Emirates Canada Poland ($11 EU) Nigeria Germany Hungary ($9 EU) Kuwait Netherlands France ($9 EU) Norway Algeria Belgium ($8 EU) Kazakhstan Nigeria
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