Imports of Russian oil to China in January-April decreased by 7.4% in annual terms, to 25.6 million tons
23.05.2022
The refusal of the Russian authorities to publish foreign trade and sectoral statistics of the fuel and energy complex, no matter what the reasons for it, does not achieve the goals, whatever they may be. On the contrary, it often leads to sensations, which, under open conditions, probably would not have happened in half of the cases. China's purchases of Russian oil by more than a quarter in May (from 750 thousand to 1.1 million barrels per day). Context — sanctions validity in connection with the military operation of the Russian Federation in Ukraine — aroused interest in the subject. However, even a superficial study of the details shows that in reality nothing extraordinary happens. Although the English-language statistics of the National Bureau of Customs of the People's Republic of China ends in March 2022, the Chinese version already has April data. It follows from them that oil imports from the Russian Federation to China in January-April physically decreased by 7.4% in annual terms, to 25.6 million tons, and for the entire "commodity group 27" (oil, gas, oil products) grew in money by tens of percent. Price data for all imports of goods from China show the same trend: an increase in oil prices (in yuan) by 49.6% year-on-year with a decrease in volumes by 4.8%, an increase in gas prices — by 56.8% with a reduction in supplies by 8.9%. Kommersant
that oil imports from the Russian Federation to China in January—April physically decreased by 7.4% in annual terms, to 25.6 million tons, and for the entire "commodity group 27" (oil, gas, oil products) grew in money by tens of percent. Price data for all imports of goods from China show the same trend: an increase in oil prices (in yuan) by 49.6% year-on-year with a decrease in volumes by 4.8%, an increase in gas prices — by 56.8% with a reduction in supplies by 8.9%. Kommersant that oil imports from the Russian Federation to China in January—April physically decreased by 7.4% in annual terms, to 25.6 million tons, and for the entire "commodity group 27" (oil, gas, oil products) grew in money by tens of percent. Price data for all imports of goods from China show the same trend: an increase in oil prices (in yuan) by 49.6% year-on-year with a decrease in volumes by 4.8%, an increase in gas prices — by 56.8% with a reduction in supplies by 8.9%. Kommersant an increase in oil prices (in yuan) by 49.6% year-on-year with a decrease in volumes by 4.8%, an increase in gas prices — by 56.8% with a reduction in supplies by 8.9%. Kommersant an increase in oil prices (in yuan) by 49.6% year-on-year with a decrease in volumes by 4.8%, an increase in gas prices — by 56.8% with a reduction in supplies by 8.9%. Kommersant
