20 Jan 2026 14:55

Russia has redirected significant portion of energy exports amid sanctions - PM Mishustin

MOSCOW. Jan 20 (Interfax) - Russia's energy exports continue to face external pressure, though the country has adapted by redirecting a significant portion of supplies to friendly countries, Prime Minister Mikhail Mishustin said during a government strategic session on developing foreign economic activity.

"Several segments in the area [of energy exports] are not highly flexible, and redirecting flows requires longer-term and more costly efforts," Mishustin said.

"Nevertheless, Russia has demonstrated a high level of efficiency in adapting to sanctions despite the unprecedented external pressure, with a significant portion of energy flows directed to friendly countries. The share of support countries in the area has doubled over the past three years to 80% in the first half of 2025," Mishustin said.

Mishustin recalled that the government faces the priority task of increasing non-resource, non-energy exports by 67% by 2030, "largely through expanding supplies of industrial products, as well as agricultural goods, with friendly countries accounting for at least 80% of the total volume."

The amount of Russia's non-resource, non-energy exports rose nearly 10% to over 10 trillion rubles in 10M 2025, with 86% going to friendly countries, Mishustin said. The main sources of growth were machinery engineering, as well as the chemical and metals industries.

The share of settlements in national currencies in Russia's foreign trade turnover was 85% in 10M 2025. The figure reached 90% for major export partners, with the Russian currency accounting for over 50% of settlement transactions, Mishustin said.