By: Real America News Updated 15 Mar 2022, 17: 08 pm EDT
Russia is considered the largest exporter of oil to global markets and the second largest exporter of crude oil behind Saudi Arabia. The vast majority is bought by Europe and China, which together represent the 90% of the country’s total exports.
This dependency is the main reason why Europe has had difficulty enacting bans similar to those of United States on Russian imports.
As an example, in 2021, Europe bought around 42% of Russia’s total oil production, while China bought the 14% and the 30% stayed in Russia, according to the International Energy Agency (IEA).
Other major buyers of Russian oil include Germany, the Netherlands, Poland and South Korea. This is the list:
Crude oil imports from Russia, in millions of barrels per day
1.- China: 3.6
2.- Germany: 0.84
3.- Netherlands: 0.7
4.- United States: 0.63
5.- Poland: 0.5
6. – South Korea: 0.3
20217.- Belgium: 0.23
8.- Turkey: 0.26
9.- France: 0.23
.- United Kingdom: 0.12
Which countries are most dependent on Russian oil
The European nations, which in November 2021 imported seven times more oil Russian than the United States, depend much more on imports of this oil and some Eastern European countries depend almost completely
.
These are the countries that most depend on their oil:
1.- Lithuania: 83 %
2.- Finland: 80 %
3.- Slovakia: 74 %
4.- Poland: 58 %
5.- Hungary: 43 %
6.- Estonia: 34 %
20217.- Germany: 30%
8.- Norway: 15%
9.- Belgium: 23%
000: Turkey: 23%
11.- Denmark 15%
.- Spain 11%
In that list, only Norway has an important oil industry of its own
and the 45,000 barrels that he imported from Russia every days in 2021 paled in comparison to the more than 2 million barrels it produced.
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