MOSCOW TIME: 17.04.2024 02:49:35

Export/Import

Russian Exports to United States in 10 Years: Did Sanctions Affect Them?

Russian Exports to United States in 10 Years: Did Sanctions Affect Them?

Russia’s exports to the United States slid by 12% in 2015 following the introduction of the Western sanctions, while imports dropped by 38%.

However, Russian exports to the United States are showing a steady growth after the initial slump: in 2016, exports picked up by 12% from 2015, and in 2017, by 14% from 2016. In the first two months of 2018, Russian exports to America rose by 12% on the previous year.

Dynamics of Russian Exports to the USA in 2008/17 ($ bn)

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According to official statistics of the Russian Federal Customs Service,

Russia’s key exports to the Unites States in 2017 were crude oil and refined oil products (30%), unwrought aluminum (16%), alloy pig iron in primary forms (10%), unwrought platinum (7%), and engines and motors (3%). 

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Russia Exports USA Sanctions

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