China increases oil imports from Russia by 18.3% in January-September

Business & Economy October 20, 5:14

According to the statistics, the value of China’s oil imports from Russia rose by 36.5% over the nine-month period to $51.54 bln

BEIJING, October 20. /TASS/. Russia increased oil supplies to China by 18.3% year over year in January-September to 87.58 mln metric tons, according to data from China’s General Administration of Customs.

According to the statistics, the value of China’s oil imports from Russia rose by 36.5% over the nine-month period to $51.54 bln. Russia is China’s largest supplier of oil.

Brazil is China’s second-largest oil supplier. In January-September, its oil exports to China increased by 33.3% to 44.29 mln metric tons. Saudi Arabia ranked third with 43.11 mln metric tons, down 27.5%. Indonesia followed with a 3.38-fold increase to 27.96 mln metric tons, while Malaysia supplied 25.41 mln metric tons, a sharp decline of 50%.

As for shorter-term trends, Russian oil supplies to China fell by 11.4% in September compared with August to 9.94 mln metric tons. However, their value increased by 1.7% to $6.58 bln.

In 2024, China reduced its oil imports by 1.9%, although supplies from Russia increased by 1.3%. In 2025, China’s oil imports rose by 4.4% to 577.72 mln metric tons, while purchases from Russia declined by 7.1% to 100.72 mln metric tons.

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