In November 2024, the value of U.S. merchandise imports from Russia exceeded the exports to the country by around 89 million U.S. dollars. To compare, in the previous month, the negative trade balance was measured at approximately 262 million U.S. dollars. Exports of goods from the U.S. to Russia sharply decreased in March 2022 due to the trade sanctions imposed on Russia over its invasion of Ukraine. In total, over the course of 2023, the U.S. exported goods worth around 600 billion U.S. dollars to Russia.
Value of merchandise trade (exports, imports, and trade balance) with Russia in the United States from January 2014 to November 2024
(in million U.S. dollars)
All figures are on a nominal basis. Figures were rounded.
Based on the Schedule B, Statistical Classification of Domestic and Foreign Commodities Exported from the United States, a U.S. Bureau of the Census publication based on the Harmonized Commodity Description and Coding System.
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US Census Bureau. (January 28, 2025). Value of merchandise trade (exports, imports, and trade balance) with Russia in the United States from January 2014 to November 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 07, 2025, from https://www.statista.com/statistics/999997/us-total-value-of-trade-in-goods-with-russia/
US Census Bureau. "Value of merchandise trade (exports, imports, and trade balance) with Russia in the United States from January 2014 to November 2024 (in million U.S. dollars)." Chart. January 28, 2025. Statista. Accessed May 07, 2025. https://www.statista.com/statistics/999997/us-total-value-of-trade-in-goods-with-russia/
US Census Bureau. (2025). Value of merchandise trade (exports, imports, and trade balance) with Russia in the United States from January 2014 to November 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 07, 2025. https://www.statista.com/statistics/999997/us-total-value-of-trade-in-goods-with-russia/
US Census Bureau. "Value of Merchandise Trade (Exports, Imports, and Trade Balance) with Russia in The United States from January 2014 to November 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 28 Jan 2025, https://www.statista.com/statistics/999997/us-total-value-of-trade-in-goods-with-russia/
US Census Bureau, Value of merchandise trade (exports, imports, and trade balance) with Russia in the United States from January 2014 to November 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/999997/us-total-value-of-trade-in-goods-with-russia/ (last visited May 07, 2025)
Value of merchandise trade (exports, imports, and trade balance) with Russia in the United States from January 2014 to November 2024 (in million U.S. dollars) [Graph], US Census Bureau, January 28, 2025. [Online]. Available: https://www.statista.com/statistics/999997/us-total-value-of-trade-in-goods-with-russia/
