Japan’s 2022-23 energy imports from Russia show sharp declines in oil, LNG, and coal

In the 2022 fiscal year, which began on April 1, 2022 and concluded on March 31, 2023, Japan cut its oil imports from Russia by 80.5 percent. This shift matches reports from multiple agencies that track trade flows, with the data pointing to a rapid realignment of supply sources during a period of intensified sanctions and policy changes by Tokyo and its allies. The reduction in crude purchases from the Russian Federation was widely noted by trade watchers, and the official figures come from Japan’s Ministry of Finance as compiled and released through national statistics channels.