Flag United States / Russia Flag

2020
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Exports
: $5.68B, Rnk 35 / 218

2020
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Top Product
: $648M, Cars

2020
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Exports
: $11.9B, Rnk 10 / 187

2020
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Top Product
: $4.62B, Refined Petroleum

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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 GDP
: $1.48T, CURRENT US$
Rnk 11 / 195

2010-2020
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GDP GROWTH
: -2.72%, CURRENT US$
Rnk 164 / 195

2020
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GDP PC 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

2020
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GDP PC
: $10,127, CURRENT US$
Rnk 70 / 195

2010-2020
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GDP PC GROWTH
: -5.14%, CURRENT US$
Rnk 154 / 195

United States-Russia In 2020, United States exported $5.68B to Russia. The main products that United States exported to Russia are Cars ($648M), Blood, antisera, vaccines, toxins and cultures ($272M), and Vehicle Parts ($271M). During the last 25 years the exports of United States to Russia have increased at an annualized rate of 2.94%, from $2.75B in 1995 to $5.68B in 2020.

In 2020, United States did not export any services to Russia.

Russia-United States In 2020, Russia exported $11.9B to United States . The main products that Russia exported to United States were Refined Petroleum ($4.62B), Platinum ($2.16B), and Crude Petroleum ($979M). During the last 25 years the exports of Russia to United States have increased at an annualized rate of 4.51%, from $3.94B in 1995 to $11.9B in 2020.

In 2018, Russia exported services to United States worth $4.12B, with Computer and information services ($1.33B), Other business services ($990M), and Transportation ($914M) being the largest in terms of value.

Comparison In 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). That same year, Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, United States exported $5.68B to Russia. The main products exported from United States to Russia were Cars ($648M), Blood, antisera, vaccines, toxins and cultures ($272M), and Vehicle Parts ($271M). During the last 25 years the exports of United States to Russia have increased at an annualized rate of 2.94%, from $2.75B in 1995 to $5.68B in 2020.

In 2020, Russia exported $11.9B to United States. The main products exported from Russia to United States were Refined Petroleum ($4.62B), Platinum ($2.16B), and Crude Petroleum ($979M). During the last 25 years the exports of Russia to United States have increased at an annualized rate of 4.51%, from $3.94B in 1995 to $11.9B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Russia
Top Destination
: China, $49.3B

This map shows whether countries import more from United States or Russia. Each country is colored based on the difference in imports they receive from United States and Russia or the difference in the growth in imports.

In 2019, countries that imported more from United States than Russia were Canada ($218B), Mexico ($196B), and China ($122B).

In 2019, countries that imported more from Russia than United States were Belarus ($15.8B), Kazakhstan ($13.8B), and Finland ($6.81B).

Comparative Advantage United States - Russia

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Flow

This chart compares trade between United States and Russia by product, considering products traded by both, United States and Russia.

During 2020, United States had a large net trade with Russia in the exports of Machines ($1.6B), Transportation ($1.22B), and Chemical Products ($1.01B).

During 2020, Russia had a large net trade with United States in the exports of Mineral Products ($5.81B), Precious Metals ($2.31B), and Metals ($1.38B).

Tariff Section

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This section shows import tariffs for products traded between United States and Russia (using the HS6 product classification and the last year reported).

In 2019, the products from United States that paid the highest import tariffs to enter Russia were Grape wines, alcoholic grape must nes (230k%)and Wine; still, in containers holding more than 2 litres but not more than 10 litres (212k%).

In 2019, the products from Russia that paid the highest import tariffs to enter United States were Ethyl alcohol and other spirits, denatured (69k%)and Undenatured ethyl alcohol > 80% by volume (37.4k%).

*The tariffs present between United States and Russia are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2018, Russia exported services to United States worth $4.12B, with Computer and information services ($1.33B), Other business services ($990M), and Transportation ($914M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Russia. Similarly, the more red a dot/product is, the more Russia has comparative advantage over United States.