Mar 18, 2022 · But Russia is also the world’s largest exporter of wheat, bringing in $8.14 billion from sales in 2019. It is also a big exporter of semi-finished iron – this includes iron bars and other items used to make iron products – with sales worth just under $7 billion in 2019, and a large supplier of nickel ($4.03 billion) and nitrogen-based fertilizers ($3.05 billion).

Apr 1, 2022 · Collectively, European nations take about two-thirds of Russia’s oil exports while a fifth go to China which is the biggest single buyer of Russian oil and oil products importing 1.6 million barrels a day during 2021, according to the IEA.

Apr 13, 2022 · Russia accounts for 18% of the world’s wheat exports and 14% of fertilizers. It’s also a “major force” in the market for energy and metals, the World Bank says. The country controls a quarter of the world’s natural gas exports, 18% of coal exports, 14% of platinum shipments and 11% of crude oil exports.

Jul 25, 2022 · In 2021, Ukraine’s agricultural exports totaled over $27 billion, accounting for 41% of the country’s overall exports, according to the US Department of Agriculture. Specifically, the country is a major producer and exporter of staple grains—vital commodities for …

Nov 8, 2022 · Russia’s gas exports to the EU were drastically cut, causing a rapid shift in trade flows. Image: IEA Russia cut gas flows to the EU by around 80% between May and October 2022, leaving the bloc with a significant shortfall in its energy mix, and a pressing need to find energy alternatives from other places.

Nov 10, 2022 · Although it has not been easy, two key factors have helped the EU get the energy it needs. Russian gas exports to the EU were largely steady in the first half of 2022, and China’s reduction of liquefied natural gas (LNG) imports allowed Europe to soak up the ‘spare’ LNG to compensate for the sharp drop in gas deliveries from Russia later in the year.

Apr 26, 2022 · This chart shows how much Ukraine and Russia export to the world; This is how wheat shortages are creating a food security risk; Russia's war on Ukraine is creating a global food crisis. Here are 3 ways to tackle it; Davos 2022: President Zelenskyy on 'new precedents' and a call for global help 'as fast as possible'

Mar 1, 2023 · But Russia later said that its fertilizer was being prevented from reaching customers in the global south. Fertilizer exports have been hampered by the exclusion of Russian banks from the global SWIFT payments system coupled with the reluctance of insurers to cover shipments in a war zone .

Mar 17, 2022 · Russia is the EU’s fifth-largest trading partner for exports, and third-largest for imports. COVID-19 had a significant impact on trading goods between Russia and the EU, but there was a rebound after 2020. Since Russia invaded Ukraine, the US, EU and UK have all announced restrictions on fossil fuel imports from the country.

Apr 26, 2022 · In 2021, three-quarters of Russia’s gas exports and 49% of its crude oil exports went to Europe, including to non-EU members such as Norway and the UK, the US Energy Information Agency says. The biggest customer for Russian coal exports was China.