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How much oil does Russia export?

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How much oil does Russia export?
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      Russia is a major global oil exporter, but the exact figures for its exports fluctuate due to various factors, including sanctions, market demand, and production levels. Based on recent reports (as of June/July 2025): Crude Oil Exports: Russia exports approximately 4.5-5.0 million barrels per day (mRead more

      Russia is a major global oil exporter, but the exact figures for its exports fluctuate due to various factors, including sanctions, market demand, and production levels.

      Based on recent reports (as of June/July 2025):

      • Crude Oil Exports: Russia exports approximately 4.5-5.0 million barrels per day (mbd) of crude oil. This constitutes about 5% of global consumption.
      • Processed Petroleum Products: Additionally, Russia supplies roughly 2 million barrels per day (mbd) of processed petroleum products (like diesel, fuel oil, etc.) to international markets.
      • Total Oil Exports: Combining crude and refined products, Russia’s total oil exports are generally in the range of 6.5-7.0 million barrels per day.

      Key trends and destinations:

      • Shift to Asia: Due to sanctions from Western countries, Russia has significantly reoriented its oil exports towards Asian markets, particularly China and India.
        • China has purchased around 47% of Russia’s crude exports.
        • India has purchased about 38% of Russia’s crude exports.
      • Reduced Exports to EU: The EU’s import bans on seaborne Russian oil have drastically reduced direct exports to Europe, though some pipeline oil still flows to certain EU countries under exemptions. The EU’s share of Russian crude exports is currently around 6%.
      • “Shadow Fleet”: A significant portion of Russian oil is transported by a “shadow fleet” of tankers operating outside of Western sanctions regimes to circumvent price caps and other restrictions. However, recent EU sanctions are increasingly targeting these vessels.
      • Dynamic Market: Export volumes and revenues are subject to change based on global oil prices, the effectiveness of sanctions, and Russia’s ability to maintain production and find new buyers.

      It’s important to note that these figures are estimates and can vary depending on the source and the reporting period. The situation is constantly evolving due to geopolitical factors and the ongoing impact of sanction

       
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