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Russia becomes China’s largest crude oil supplier

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Published: January 22nd, 2024,
Last updated: May 28th, 2025

Russia and China intensified crude oil trade in 2023.

Russia overtook Saudi Arabia as China’s main crude oil supplier in 2023. According to Chinese customs data, Moscow delivered a record 107.02 million tons of crude oil to China last year, equivalent to 2.14 million barrels per day (bpd). This was far more than other major oil exporters such as Saudi Arabia and Iraq. In contrast, China’s imports from Saudi Arabia, previously its top supplier, decreased by 1.8 percent to 85.96 million tonnes.

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Geopolitik Geopolitics Raw materials Trade Russland