U.S. Bought $508,600,000 in Imports from Russia in January; Ran $464,000,000 Bilateral Trade Deficit

This January, eleven months after Russia invaded Ukraine, the United States bought $508,600,000 in Russian imports, according to data released today by the U.S. Census Bureau.

After Russia’s invasion of Ukraine, the United States imposed trade restrictions on Russia.

While importing $508,600,000 in goods from Russia in January, the United States exported only $44,600,000 to that country. The result was a January bilateral trade deficit with Russia of $464,000,000.

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In calendar year 2022, the United States ran a trade deficit of $12,742,700,000 with Russia. This resulted from the United States importing $14,457,800 in goods from Russia while importing on $14,457,800,000 in goods to Russia.

cnsnews.com/article/international/terence-p-jeffrey/us-bought-508600000-imports-russia-january-ran-464000000

h/t VinoSom

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