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Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia after it invaded Ukraine, according to Global Trade Tracker data. This trade shift corresponds with increased coal exports from the United States to Europe and EU sanctions that went into full effect in August 2022. The United States, Japan, Australia, and other countries issued sanctions during this same time period after Russia’s full-scale invasion.
China, South Korea, Turkiye, and India are currently the top importers of coal from Russia. These countries received over 80% of Russia’s coal exports from August 2022 to July 2023, compared with 47% from August 2021 to July 2022. Coal imported by European countries from Russia decreased…
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