Energy expert Yushkov: The rise in oil and gas prices has made the Russian Federation one of the world’s top 10 exporters

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Thanks to rising oil and gas prices, Russia managed to become one of the ten largest exporters in the world in 2022. Such an opinion in a chat with AiF expression Igor Yushkov, a leading analyst at the National Energy Security Fund.

It was previously reported that Russia ranked tenth among the largest exporters of goods last year. Thus, Russia managed to increase the export volume of goods to 591.5 billion dollars. In 2022, the biggest increase in exports from Russia was in nickel and fertilizers. knowledgeable RBC.

The top three are China ($3.6 trillion), the United States ($2.1 trillion), and Germany ($1.7 trillion).

“Exports in dollar terms increased due to the increase in energy prices. That is oil and gas. Sanctions hindered exports in quantity, but caused prices to rise, so overall exports increased. Russia also actively exported non-ferrous metals, coal, and also had a large grain harvest.

Over the past year, Russia has exported $5.8 billion worth of nickel and products from it, up 190% to 2021, and fertilizers worth $19.3 billion, up 54.3% from the previous year.

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