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Russian LNG exports to Japan up 8%, coal sales down 31.7% in February 2024

Energy resources accounted for more than 73.5% of all Japanese imports from Russia

TOKYO, March 21. /TASS/. Russia’s exports of liquefied natural gas (LONG) to Japan grew by 8% in February compared to the same period last year, according to the Japanese Finance Ministry’s statistics.

Russian coal deliveries declined by 31.7% in the reported period.

Energy resources accounted for more than 73.5% of all Japanese imports from Russia.

The trade turnover between Russia and Japan declined by 16.5% in February, compared to the same period last year, reaching 104.1 billion yen (around $690 million at the current exchange rate), according to TASS calculations, based on the Japanese Finance Ministry’s statistical data.

Imports from Russia contracted by 10.2%, while exports to Russia declined by 33.6% compared to February 2023.

The decline in mutual trade was reported amid the reduction of Russian fuel deliveries to Japan and dwindling exports of Japanese products, primarily cars, to Russia.

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Trade & Cooperation

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