Determinants of the Russia and Asia–Pacific energy trade

Asia remained the largest energy consumer in 2020. The Russian Federation hopes to gain a greater share of Asian market. This study examined Federation–Asia and Pacific trade patterns using gravity theory GMM panel estimation for 17 selected economies. We found that Federation's exports Asia–Pacific region (APR) followed Linder hypothesis, economic growth positively influenced region. Furthermore, results indicated sanctions against Russia since 2014 stimulated an increase APR. To improve region's security, we recommend developing trading hub APR regional pricing power.