Russia's energy export revenue was forecast to reach nearly 321 billion U.S. dollars in 2022. Despite the U.S., and UK energy import bans from Russia due to its invasion of Ukraine in February of that year, the earnings from energy exports were expected to grow by 36 percent from the previous year. Oil and gas sales contributed over nine trillion Russian rubles to the country's federal budget in 2021.
Total energy export revenue in Russia from 2019 to 2021 with a forecast for 2022
(in billion U.S. dollars)
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Bloomberg. (April 1, 2022). Total energy export revenue in Russia from 2019 to 2021 with a forecast for 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1300459/russia-energy-export-revenue-forecast/
Bloomberg. "Total energy export revenue in Russia from 2019 to 2021 with a forecast for 2022 (in billion U.S. dollars)." Chart. April 1, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1300459/russia-energy-export-revenue-forecast/
Bloomberg. (2022). Total energy export revenue in Russia from 2019 to 2021 with a forecast for 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1300459/russia-energy-export-revenue-forecast/
Bloomberg. "Total Energy Export Revenue in Russia from 2019 to 2021 with a Forecast for 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Apr 2022, https://www.statista.com/statistics/1300459/russia-energy-export-revenue-forecast/
Bloomberg, Total energy export revenue in Russia from 2019 to 2021 with a forecast for 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1300459/russia-energy-export-revenue-forecast/ (last visited November 21, 2024)
Total energy export revenue in Russia from 2019 to 2021 with a forecast for 2022 (in billion U.S. dollars) [Graph], Bloomberg, April 1, 2022. [Online]. Available: https://www.statista.com/statistics/1300459/russia-energy-export-revenue-forecast/