Analysis of EU imports of Russian crude oil and petroleum products

SGS Shipping Online (SOL), which tracks seaborne shipments of oil, gas and chemical products, has observed a tendency for increased imports of Russian crude oil and diesel to some European Union (EU) countries in the last few months of 2022. SGS INSPIRE considers it to be related to the EU’s ban on Russian crude oil imports that came into force in early December 2022 and the EU ban on the import of Russian petroleum products on February 5, 2023.

This section provides analysis of the trade flows of crude oil and petroleum products by seaborne shipments from Russia to the EU based on SGS SOL and Vortexa data.

According to the Federal Customs Service of Russia, the country exported 229.9 million tonnes of crude oil in 2