Analysis of foreign trade in products of the Russian oil and gas industry using mirror customs statistics
https://doi.org/10.55959/MSU0130-0105-6-59-5-4
Abstract
Most of Russian oil and gas exports to foreign countries falls into five commodity groups of the Foreign Economic Activity Commodity Nomenclature: three are related to oil industry: 20900 (crude oil), 271019 (medium and heavy distillates, such as diesel fuel, kerosene, fuel oil, etc.), 271012 (light distillates: gasoline, etc.), two are related to gas industry: 271121 (natural gas) and 271111 (LNG). The purpose of this work is to assess changes in the main parameters of foreign trade in products of the Russian oil and gas sector in the context of a new wave of sanctions in 2022–2023, due to the SVO. First, the article provides an overview of the main sanctions imposed on the Russian oil and gas sector with an emphasis on modern period, and provides the classification of sanctions from unfriendly countries. Second, according to mirror customs statistics (customs statistics of Russia’s trading partners), the work assesses changes in the main parameters of foreign trade in products of the Russian oil and gas sector in the period after the start of the SVO: including an assessment of the number of trading partners, trade volumes and supply directions in the period before and after the start of a new wave of sanctions. Third, conclusions and recommendations based on the results of the analysis are formulated. The analysis shows that despite the fact that sanctions did not significantly affect the volume of export supplies of certain types of oil and gas industry products (including oil and LNG), they turned out to be quite effective in terms of reorientation of foreign trade flows of the Russian oil and gas industry and in terms of increasing the concentration of sales markets available to Russian companies.
Supporting agencies: The article was written on the basis of the RANEPA state assignment research programme
About the Authors
P. N. Pavlov
RANEPA
Russian Federation
Russian Federation
Moscow
E. M. Miller
RANEPA
Russian Federation
Russian Federation
Moscow
A. V. Shchetinina
RANEPA
Moscow
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Supplementary files
Review
For citations:
Pavlov P.N., Miller E.M., Shchetinina A.V. Analysis of foreign trade in products of the Russian oil and gas industry using mirror customs statistics. Moscow University Economics Bulletin. 2024;(5):77-98. (In Russ.) https://doi.org/10.55959/MSU0130-0105-6-59-5-4
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