In 2023, US imports of goods from Russia fell to $4.57 billion, down from $14.44 billion in 2022. The main items were nuclear fuel, mineral fertilizers and platinum group metals, according to data from the US Census Bureau (Census Bureau, an analogue of the Russian Rosstat), which was studied by RBC.
Main import items in numbers:
Imports of enriched uranium from Russia to the United States amounted to $1.19 billion (versus $830 million in 2022). At the same time, in physical terms, 701.8 tons were imported (in 2022 - 588.4 tons). In monetary terms, imports became a record in the entire history of Russian-American trade since 1992; imports of Russian palladium (unprocessed) amounted to $1.08 billion (versus $1.35 billion a year earlier); The US imported mineral fertilizers for $1.35 billion compared to $1.75 billion in 2022.Also in 2023, the United States imported $91 million worth of turbojet engines from Russia, but supplies of ferrous metals decreased sixfold over the year, to $201.5 million.
As for American exports to Russia, in 2023 they amounted to only $597 million (a year earlier it was $1.66 billion). The largest item is pharmaceutical products ($164 million, a decrease from $254 million a year earlier). The United States also exported instruments and equipment worth $158 million to Russia - mainly medical devices, X-ray equipment, etc.
After the start of the Russian special operation, the United States imposed sanctions on most Russian goods and also introduced increased tariffs on imports from Russia. Thus, in the spring of 2022, the United States banned the import of Russian oil and petroleum products, diamonds and seafood. In the summer of the same year, a 35 percent protective tariff was established on the import of steel, some types of aluminum products, rubber, wood, etc. After this, imports of ferrous metals from Russia to the United States dropped to almost zero. However, goods such as nuclear fuel, mineral fertilizers and platinum group metals were not subject to sanctions.
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Russia condemns Western sanctions, noting that they will not change the stated goals of the special operation. President Vladimir Putin announced back in September that the recovery of the Russian economy after sanctions had been completed. According to him, Russia has withstood the unprecedented “sanctions onslaught” of unfriendly countries, and the country’s GDP has reached the pre-sanction level of 2021.