Russia has recorded its name as the largest fossil fuels reserve of the world with the abundance of oil, natural gas, and coal present in its land area. The increasing global necessity for energy generation and the use of fossil fuels in the industrial sectors are attributed to the growth of fossil fuel exports from Russia. Different leading trade destinations import mineral essentials from the trade authorities of Russia because of the competitive pricing strategies and the better quality products.

The fossil fuels industry of Russia has faced severe challenges due to the fluctuations in global prices along with the increasing competition, but despite all difficulties, the manufacturing units of Russia have recorded an export trade value of 300 billion US dollars in 2023.

Top 10 Fossil Fuels Export of Russia in 2023

The continuous efforts of the Russian industries for the efficacy in the extraction of mineral fuels have introduced different varieties in global export. As per the Russia Trade Data, the leading fossil fuels exports of the nation in 2023 are,

• Natural Gas - Valuation of Natural Gas export from Russia in 2023 - 83 billion US dollars.

• Crude Oil - Valuation of Crude Oil export from Russia in 2023 - 54 billion US dollars.

• Coal - Valuation of Coal export from Russia in 2023 - 48 billion US dollars.

• Refined Petroleum Products - Valuation of Refined Petroleum Products export from Russia in 2023 - 37 billion US dollars.

• Liquefied Natural Gas (LNG) - Valuation of Liquefied Natural Gas export from Russia in 2023 - 32 billion US dollars.

• Jet Fuel - Valuation of Jet Fuel export from Russia in 2023 - 28 billion US dollars.

• Diesel - Valuation of Diesel export from Russia in 2023 - 25 billion US dollars.

• Gasoline - Valuation of Gasoline export from Russia in 2023 - 24 billion US dollars.

• Peat - Valuation of Peat export from Russia in 2023 - 18 billion US dollars.

• Natural Bitumen and Asphalt - Valuation of Natural Bitumen and Asphalt export from Russia in 2023 - 12 billion US dollars.

Who Are the Top 10 Importers of Russian Fossil Fuels?

As per the Russia Export Data, the top 10 countries which import fossil fuels from the Russian trade management authorities in 2023 are,

1. China - As per the China Import Data, the valuation of Russian fossil fuels imported in 2023 - 125 billion US dollars.

5 VARIANTS OF IMPORT

• Dry natural gas
• Shale natural gas
• Peat
• Coal tar
• Butane

2. Japan - As per the Japan Import Data, the valuation of Russian fossil fuels imported in 2023 - 84 billion US dollars.

5 VARIANTS OF IMPORT

• Propane
• Isobutane
• Toluene
• Butylene
• Pentadiene

3. South Korea - As per the South Korea Import Data, the valuation of Russian fossil fuels imported in 2023 - 67 billion US dollars.

5 VARIANTS OF IMPORT

• Dimethyl ether
• Synthesis gas
• Refined Petroleum
• Linear paraffin
• Iso alkane

4. Germany - As per the Germany Import Data, the valuation of Russian fossil fuels imported in 2023 - 45 billion US dollars.

5 VARIANTS OF IMPORT

• Coal
• Crude oil
• LNG
• Low-sulfur fuel oil
• Arctic diesel

5. Turkey - As per the Turkey Import Data, the valuation of Russian fossil fuels imported in 2023 - 38 billion US dollars.

5 VARIANTS OF IMPORT

• Crude oil
• LNG
• Petroleum fuels
• Coal tar
• Peat

6. Italy - As per the Italy Import Data, the valuation of Russian fossil fuels imported in 2023 - 23 billion US dollars.

5 VARIANTS OF IMPORT

• Carbon monoxide
• Natural gas
• Alkane
• Butane
• Ethylene

7. Spain - As per the Spain Import Data, the valuation of Russian fossil fuels imported in 2023 - 16 billion US dollars.

5 VARIANTS OF IMPORT

• Synthesis gas
• Paraffin wax
• Mineral essentials
• Asphalt
• Paraffin wax

8. Poland - As per the Poland Import Data, the valuation of Russian fossil fuels imported in 2023 - 12 billion US dollars.

5 VARIANTS OF IMPORT

• Anthracite coal
• Bituminous coal
• Paraffin wax
• Asphalt
• Lignite coal

9. France - As per the France Import Data, the valuation of Russian fossil fuels imported in 2023 - 9 billion US dollars.

5 VARIANTS OF IMPORT

• Benzene
• Toluene
• Asphalt
• Lignite coal
• Petroleum fuels

10. United Kingdom - As per the United Kingdom Import Data, the valuation of Russian fossil fuels imported in 2023 - 6 billion US dollars.

5 VARIANTS OF IMPORT

• Coal tar
• Peat
• LNG
• Petroleum coke
• Paraffin wax

FAQ'S

Que. What is the top fossil fuel export of Russia in 2023?
Ans. Natural gas is one of the leading fossil fuels export by Russia in 2023.

Que. What is the export trade value of Russian fossil fuels in 2023?
Ans. The export trade value of Russian fossil fuels in 2023 is 300 billion US dollars.

Que. Who is the top importer of Russian fossil fuels in 2023?
Ans. China is the top importer of fossil fuels in 2023.

Que. Where can you get the detailed trade analysis of Russian fossil fuels export in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the Russian fossil fuels export in 2023.

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