Russia’s energy revenues fall

Russian energy revenues for the first four months of 2023 fell to $27.3bn, down by more than a third year over year, underscoring the impact of Western restrictions on Moscow


Destination of imported Russian crude oil (million tonnes)

EU	China	India	Turkey	U.S., UK, Japan, Canada
Other	Undetermined*	

$00.0bn Average monthly revenue

2021							$19.6bn
85.8	18.2	2.6	5.4	13.7	16.5	14.2

2022							$19.2bn
71.9	35.1	32.9	11.9	2.5	15.6	21.3

2023 (January to April)					$6.8bn
6.2	15.3	 21.4	2.5	7.2	10.4
Monthly revenue down 35.5% on 2022


*includes ship-to-ship transfers
   

Sources: Bruegel, Financial Times 
Picture: Getty Images 
© GRAPHIC NEWS