Russia • China • Petroleum • Import

The volume of Russian crude shipped to China jumped 24% in 2023 to 107.02 million metric tons, compared to 2022, according to data released by China's General Administration of Customs on Saturday. That helped Russia overtake Saudi Arabia as China's largest crude oil supplier for the year.

How much oil does China import from Russia?

Compared with 2022 averages, China's imports from Russia increased by 23% (400,000 b/d), from Saudi Arabia by 7% (130,000 b/d), and from Brazil by 49% (250,000 b/d). The 2.6 million b/d of crude oil that China imported from Russia in June is the largest volume China has ever imported from any country in any month

Who is China's biggest supplier of oil?

Russia

Russia becomes China's top crude oil supplier, shipping 107 Mt in 2023 (+24%)

Is Russia set to overtake Saudi Arabia in battle for China's oil market?

Russia has overtaken Saudi Arabia as China's biggest source of oil imports in 2023, despite the Western sanctions capping oil prices and reducing Russian imports, reports say.

Who is the world's largest importer of oil?

Global oil importers by region 2022 | Statista

Largest global crude oil importers 2022

In 2022, Europe imported more oil and its products than any other region across the globe, at roughly 14.4 million barrels per day. China followed closely as the second-largest importer, with 12.2 million daily barrels.29-Aug-2023

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