Press release No. 098 of 13 March 2023
- Crude oil imports from Russia dropped from 2.8 million tonnes in January 2022 to a remainder of 3,500 tonnes at the second stage of the EU oil embargo
- Additional deliveries mostly from Norway, the United Kingdom and Kazakhstan compensated for the loss of Russia as a crude oil supplier
- Import value per tonne of crude oil at 611 euros markedly below the June 2022 record high and lower than the 2022 annual average
WIESBADEN – After the second stage of the oil embargo had entered into force, only remaining quantities of crude oil were imported to Germany in January 2023 that had been exported from Russia to the European Union (EU) before the turn of the year. 3,500 tonnes of Russian crude oil were imported to Germany in January 2023, according to the Federal Statistical Office (Destatis). In January 2022, the import volume had been 2.8 million tonnes. Crude oil imports from Russia were thus stopped almost completely, going down by 99.9% in arithmetical terms. Russia’s share of Germany’s total crude oil imports declined from 36.5% in January 2022 to 0.1% in January 2023. A total of 6.2 million tonnes of crude oil to the value of 3.8 billion euros were imported to Germany in January 2023. This was a decline of 20.5% in volume terms and 9.6% in value terms compared with the same month a year earlier.
