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2023
Flag → Flag
Exports $595MRnk 99 / 220
2023
Flag → Flag
Top Product $124MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $4.87BRnk 13 / 137
2023
Flag → Flag
Top Product $1.21BRadioactive Chemicals
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
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GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$13,817CURRENT US$
Rnk 74 / 196
2013-2023
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GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195

About

United States-Russia Trade: In 2023, United States exported $595M to Russia. The main products that United States exported to Russia were Vaccines, blood, antisera, toxins and cultures ($124M), Other Edible Preparations ($59.6M), and Medical Instruments ($59.1M). Over the past 5 years the exports of United States to Russia have decreased at an annualized rate of 44.2%, from $11B in 2018 to $595M in 2023.

In 2017, United States exported services to Russia worth $4.84B, with Travel ($1.3B), Financial services ($1.2B), and Other business services ($823M) being the largest in terms of value.

Russia-United States Trade: In 2023, Russia exported $4.87B to United States. The main products that Russia exported to United States were Radioactive Chemicals ($1.21B), Platinum ($1.16B), and Nitrogenous Fertilizers ($1.04B). Over the past 5 years the exports of Russia to United States have decreased at an annualized rate of 23.6%,  from $18.8B in 2018 to $4.87B in 2023.

In 2020, Russia exported services to United States worth $3.48B, with Computer and information services ($1.7B), Other business services ($868M), and Transportation ($505M) being the largest in terms of value.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Company data: In 2023, leading companies such as Chevron (12) and Kubota (1) were at the forefront of exporting goods from Russia to the United States. Conversely, Karachaganak Petroleum (12) and Other (1) were notable for importing products to Russia from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $49M and imported $138M from Russia, resulting in a negative trade balance of $88.6M. Between November 2023 and November 2024 the exports of United States have decreased by $-20M (-29%) from $69M to $49M, while imports decreased by $-225M (-62%) from $362M to $138M.

Trade In November 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 November 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 November 2024 the exports of United States were mainly from North Carolina ($7.04M), California ($4.97M), West Virginia ($3.22M), Wisconsin ($2.75M), and Pennsylvania ($2.67M), while imports destinations were mainly South Carolina ($49.4M), Kentucky ($17.7M), Pennsylvania ($16M), Louisiana ($16M), and Maryland ($12.8M).

Growth In November 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 ($-5.59M or -48.3%). In November 2024, the decrease in United States's year-by-year imports  from Russia was explained primarily by an decrease in product imports  in Potassic Fertilizers ($-62.3M or -76.4%), Plywood ($-54.5M or -91.5%), and Commodities not elsewhere specified ($-22M or -93.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-20M(-29%)
IMPORT GROWTH (November 2023 - November 2024)$-225M(-62%)
MAIN EXPORTER (November 2024)North Carolina$7.04M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Russia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Russia and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $595M to Russia. The main products exported from United States to Russia were Vaccines, blood, antisera, toxins and cultures ($124M), Other Edible Preparations ($59.6M), and Medical Instruments ($59.1M). During the last 5 years the exports of United States to Russia have decreased at an annualized rate of 44.2%, from $11B in 2018 to $595M in 2023.

In 2018, Russia exported $4.87B to United States. The main products exported from Russia to United States were Radioactive Chemicals ($1.21B), Platinum ($1.16B), and Nitrogenous Fertilizers ($1.04B). During the last 5 years the exports of Russia to United States have decreased at an annualized rate of 23.6%, from $18.8B in 2023 to $4.87B in 2018.

Exports from United States (Flag) to Russia (Flag) (2023)

Exports from Russia (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Russia
Top DestinationChina$129B

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 2023, countries that imported more from United States than Russia included Canada ($269B), Mexico ($243B), and Germany ($94.8B).

In 2023, countries that imported more from Russia than United States included India ($66.1B), Turkey ($31B), and Kazakhstan ($16.1B).

Difference in imports from Russia (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Russia

Flow
Scale

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

During 2023, United States had a large net trade with Russia in the exports of Chemical Products ($223M), Instruments ($160M), and Foodstuffs ($61.8M).

During 2018, Russia had a large net trade with United States in the exports of Chemical Products ($2.89B), Precious Metals ($1.16B), and Metals ($354M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Russia+$170MVaccines, blood, antisera, toxins and cultures
Top Product Potential Russia United States+$1.98BRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2017, United States exported services to Russia worth $4.84B, with Travel ($1.3B), Financial services ($1.2B), and Other business services ($823M) being the largest in terms of value.

In 2020, Russia exported services to United States worth $3.48B, with Computer and information services ($1.7B), Other business services ($868M), and Transportation ($505M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Russia (Flag) (2017)

Services Exports from Russia (Flag) to United States (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Russia. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Russia (Flag) (2023)

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