US exports to Russia have fallen to a 20-year low

The United States has provided a transition period for sanctions, so exports from Russia to the United States have increased.

Exports of US goods to Russia in March this year fell by almost five times in monetary terms, according to foreign trade statistics of the US Census Bureau, according to Russian media. .

  • In March, Russia exported $ 101.1 million worth of American goods. In February 2022, the figure was $ 497.5 million and $ 476.3 million in March last year. For example, exports of American cars to Russia fell from $ 83 million in February to $ 20 million in March, pharmaceuticals – from $ 60 million to $ 14 million. Imports of American engines for aircraft and luxury items fell to almost zero – Washington imposed on their supplies to Russia The embargo.
  • At the same time, the sanctions temporarily encouraged exports from Russia to the United States, as the US government provided for a transition period until their full entry into force. This was primarily due to an increase in crude oil supplies – up to $ 363 million

Read also: Cryptocurrencies will not help Russia avoid sanctions – Moody's

Earlier it was reported that < The US Federal Reserve has raised its key rate by half a point in an attempt to curb inflation.

Based on materials: ZN.ua

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