Russian oil deliveries to China fall in 2025 despite July rebound

2025/08/21 00:26

Russia remains China’s largest supplier of oil, but deliveries have gone down in 2025, amid global trade tensions and tariff threats from the United States.

Recent reports have indicated the trend is turning this summer but it’s yet to offset the notable drop in volume and even steeper decline in value registered by official Chinese stats.

Russian oil deliveries decrease in January-July

Russian Federation’s oil supplies to China fell by 7.6% year-on-year between January and July 2025, Russia’s TASS news agency reported on Wednesday, quoting Chinese data. During that time, the People’s Republic imported 57.71 million tons of Russian crude, as shown by the figures released by the General Administration of Customs of China (GACC).

According to the latest numbers published by the government body, the total was worth $29.48 billion. That’s 21.3% lower than in the same period of 2024, the report noted.

However, last month Moscow sent 8.7 million tons of oil to Beijing, which is 4.2% higher than the previous month. At $4.31 billion, the July deliveries were up by 9.2% in value over June.

The official Chinese numbers have come out after a report by Bloomberg unveiled this week that China almost doubled imports of Urals crude, the Russian export oil brand, in August, when compared to the 2025 average.

The increase follows a decline in India’s imports of Russian oil, after the U.S. administration of President Donald Trump slapped the country with tariffs over its energy purchases from Russia.

China, which was threatened with the same, has been spared for now, with Trump citing progress in negotiations with his Russian counterpart, Vladimir Putin, toward ending the war in Ukraine.

Russia continues to be the PRC’s largest supplier of the strategic energy resource, TASS remarked, recalling that last year Russian oil exports to China were up by 1.3% compared to 2022, reaching almost 108.5 million tons.

Russian gas supplies to China increase

The Russian Federation is also China’s biggest supplier of natural gas. Between January and July, the country exported $5.69 billion worth of pipeline gas to its neighbor. The Chinese customs did not reveal the volumes, but the value is 21.3% higher than the respective period of 2024.

Meanwhile, Russia’s supplies of liquefied natural gas (LNG) to China fell by 18.8% year-on-year, to 3.38 million tons in the first seven months of 2025. Their value decreased as well, again by 18.8%, to $1.98 billion. Russia is China’s fourth-largest supplier of LNG, after Australia, Qatar, and Malaysia.

Last year, the Asian nation imported pipeline gas for $21.1 billion, an 8.6% increase over 2023, with Russian deliveries rising by 25% to $8.03 billion.

Beijing also bought 76.64 million tons of LNG in 2024, which was 8% more than in 2023, and Russia shipped 8.3 million tons of it, a 3.3% increase in annual terms.

Overall, trade between China and Russia followed a similar trend to oil sales this year. It peaked amid Trump’s latest tariff threats, reaching its highest point for 2025 in July, as reported by Cryptopolitan. Last month put an end to its decline in H1.

Crude oil and natural gas, along with coal, form the largest share of Russia’s exports to its trading partner and political ally within the BRICS group. The rest includes other fuels as well as raw materials such as copper and timber.

The smartest crypto minds already read our newsletter. Want in? Join them.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Solana ETF Decision Delayed, Giving Mutuum Finance (MUTM) More Room to Eat into SOL’s Market Share

Solana ETF Decision Delayed, Giving Mutuum Finance (MUTM) More Room to Eat into SOL’s Market Share

Regulators once again put the potential Solana (SOL) ETF on hold, and the timing could restructure the competitiveness in the cryptocurrency market. While institutional investors hold their breath for the approval, the long-standing uncertainty has provided new on-ramps like upstart protocols Mutuum Finance (MUTM) with greater freedom to chip away at SOL’s market share.  Mutuum Finance is currently in presale Stage 6 and is priced at $0.035. Price appreciation in the following stage will push the token to $0.04 in stage 7. Mutuum Finance (MUTM) presale has reached its all-time high of more than $14.65 million raised and more than 15400 token holders.  Solana’s Current Market Solana (SOL) exchanges for about $184.30 today, recording a minor intraday withdrawal from recent highs. The network is still in the spotlight after its robust developer base, decentralized finance and NFT use cases leadership, and technology upgrade plans such as possibly ramping up transaction speeds through the “Alpenglow” upgrade. While SOL is testing levels of resistance—most recently at $200—with some anticipating $215 as a breakout point, broader market action is peaceful with no major fluctuations. Mutuum Finance also keeps accelerating in its presale. Mutuum Finance Phase 6 Presale Is Live Now Mutuum Finance (MUTM) is presently in presale round 6 at $0.035. MUTM will increase the price to $0.04 in phase 7, 14.29% higher than before. Mutuum Finance early investors will see more than 400% return on investment as MUTM gains value. MUTM presale has raised over $14.65 million so far and has registered over 15400 individual investors so far, which clearly depicts the project’s exponential growth. Mutuum Finance Token Giveaway Mutuum Finance is conducting a $100,000 giveaway. 10 individuals are being rewarded $10,000 each in Mutuum Finance tokens. The giveaway speaks volumes about the enormous scale of commitment that the project has towards creating a long-term and committed community. The second security and transparency action is the launch of an Official Bug Bounty Program by MUTM in partnership with CertiK. The project team encourages users as a token of gratitude for up to as much as 50,000 USDT to discover the probable vulnerabilities of the project. Bounty program is intended to offer class-leading protection for every vulnerability class. It’s split among the four classes of vulnerability severity, i.e., major, critical, minor, and low. The program also shows the team is concerned about the ecosystem security as well as investor trust.  The Next Generation of DeFi Lending Mutuum Finance (MUTM) is custodial DeFi protocol. Long-term vision team is bringing convenience and flexibility in the form of Peer-to-Contract and Peer-to-Peer models of lending. Peer-to-Contract platform preserves the ease of smart contracts with minimum or no human intervention in loan transferring. Peer-to-Peer system eliminates middlemen and enables lenders and borrowers to transfer directly to each other. With the Solana ETF approval postponed, institutional flows into SOL are still unclear even as the token consolidated at levels near $184. Meanwhile, Mutuum Finance (MUTM) is surfing the spotlight, shattering Stage 6 at $0.035, accumulating more than $14.65 million in funding from 15,400+ investors, and lining up its next jump to $0.04 in Stage 7.  Backed by a CertiK-audited bug bounty, a $100,000 community giveaway, and its twin-lending DeFi framework, MUTM is turning into a faster-moving growth play with specialists anticipating 400%+ ROI for early entry. As Solana waits for regulators, Mutuum Finance is already soaring, the moment now is to own MUTM before the next price surge. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Share
Coinstats2025/08/21 06:00
Share