United States / Russia

Overview In January 2024, United States exported $30M and imported $244M from Russia, resulting in a negative trade balance of $214M. Between January 2023 and January 2024 the exports of United States have decreased by $-14.6M (-32.8%) from $44.6M to $30M, while imports decreased by $-265M (-52%) from $509M to $244M.

Trade In January 2024, the top exports of United States to Russia were Vaccines, blood, antisera, toxins and cultures ($5.99M), Medical Instruments ($3.38M), Other Edible Preparations ($2.76M), Optical Fibers and optical fibre bundles ($2.48M), and Orthopedic Appliances ($1.95M). In January 2024 the top imports of United States from Russia were Platinum ($168M), Nitrogenous Fertilizers ($112M), Radioactive Chemicals ($70.9M), Mixed Mineral or Chemical Fertilizers ($30.4M), and Potassic Fertilizers ($19.3M).

Origins In January 2024 the exports of United States were mainly from Illinois ($9.5M), New York ($4.38M), Delaware ($2.5M), California ($1.83M), and Florida ($1.44M), while imports destinations were mainly South Carolina ($98.6M), Louisiana ($74.4M), Washington ($34M), Kentucky ($14M), and Texas ($7.09M).

Growth In January 2024, the decrease in United States's year-by-year exports to Russia was explained primarily by an decrease in product exports in Motor vehicles; parts and accessories (8701... ($-21.6M or -95.3%), Computers ($-6.11M or -82.6%), and Vaccines, blood, antisera, toxins and cultures ($-5.59M or -48.3%). In January 2024, the decrease in United States's year-by-year imports  from Russia was explained primarily by an decrease in product imports  in Potassic Fertilizers ($-62.3M or -76.4%), Plywood ($-54.5M or -91.5%), and Commodities not elsewhere specified ($-22M or -93.2%).