Strategic Lens

Energy: Australia and Russia

First country

Second country

In 2022, Russia sold USD 254 million of mineral fuels and oils to Australia.

Benefits

  • BothTwo-way trade in mineral fuels and oils grew 75 percent, from USD 145 million in 2019 to USD 254 million in 2022.

Constraints

  • BothFlows are one-sided: in 2022, Russia sold USD 254 million of mineral fuels and oils, and Australia sold almost none.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Last updated on 26 September 2026

The numbers

Australia's imports from Russia: mineral fuels and oils

USD million · 2019 to 2022, calendar years, as reported by Australia

2019: 145.3Low 22.8 / High 254.42022: 254.4

2019145.3
202022.8
202163.1
2022254.4

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026