All eyes have been on the Russian economy since the country invaded Ukraine in February 2022. Global sanctions and trade embargoes have meant many nations are shunning Russian exports – but that didn't stop the country from making $348.3 billion from mineral fuels, including oil, by the end of that year.

World's Top Exports doesn't have data for Russia for 2023, but the nation is thought to have made record profits from exporting oil last year, with China its biggest trading partner.

Just as the Russian Federation is reliant on the money it makes from oil, many countries are equally reliant on the nation's oil and gas reserves for energy, resulting in an ongoing stand-off between Putin and the West.

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