Russia’s Oil Exports Shift Toward Asia

Modest decrease in exports amid ongoing sanctions.

From 2020 to 2024, Russia's crude oil and condensate exports averaged 5.0 million barrels per day. In the first half of 2025, exports dropped to 4.3 million b/d, down from 4.8 million b/d in 2024. Despite high export volumes, the destination of these exports has changed significantly due to sanctions following Russia's invasion of Ukraine in February 2022.

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Sectors: oil, policy

Regions: Asia, EU