In April, imports of goods from the United States to the Russian Federation dropped from $ 101 million to $ 89 million compared to March. This is a record low for shipments from the US since 2002.
The Federal Customs Service of the Russian Federation has suspended the publication of monthly data on Russia’s foreign trade, data for February and subsequent months were not published. This was reported by the Russian RBC in connection with the history of the US Census Bureau (Census Bureau).
“American foreign trade data was released with a lag of more than 30 days. Shipments of Russian goods to the United States in April dropped 24% compared to March, but remained at relatively high levels – $ 2.08 billion. For comparison, last year the United States imported an average of Russian goods worth $ 2.47 billion per month, “the article said.
At the same time, deliveries in a number of industrial and transportation categories in the structure of American exports to Russia in April were zeroed out: shipments of ships and boats ($ 1.1 million in April, $ 1.6 million in February), in exchange for internal combustion engines ($ 0.2). million in March, $ 6.9 million in February), tunnel boring machines, drilling rigs, pile driving equipment ($ 1.2 million in March, $ 9.3 million in February).
Exports of passenger vehicles reached $ 0.1 million ($ 3.3 million in March, $ 27.1 million in February), agricultural machinery – $ 0.08 million ($ 1.5 million in March, $ 9.2 million in February).
Overall, the supply of American machinery and equipment to Russia in April reached just over $ 29 million (in March – about $ 25 million). In February, these deliveries reached approximately $ 130 million.
Pharmaceuticals’ supplies increased slightly in April – to $ 17.6 million ($ 13.6 million in March, $ 60 million in February). The drug was withdrawn by US authorities from sanctions against Russia.
It was noted that by the end of 2021, the United States was ranked fifth in the list of Russia’s largest trading partners in terms of total trade turnover. By the end of 2022, they are likely to return. Belarus overtook Germany in terms of exports to Russia in April.
After the massive invasion of Ukraine, Russia is faced with an unprecedented number of sanctions, ranking first in the world in this indicator. Since February 24, there has not been a day in which some companies do not announce its release in the Russian market.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.