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Russian Exports to US Increase in Spite of Sanctions

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The volume of Russian exports to the United States is increasing despite US sanctions and less friendly bilateral relations, Russia’s Trade Envoy Alexander Stadnik said.
‘In 2014 – 2016, the physical volume of our exports to the United States was increasing at a rather rapid pace. Now, after the exchange rate has settled, significant growth is also registered in value terms,” Stadnik said.

Russia mainly exports oil and gas products, machinery, ferrous and non-ferrous metals, precious metals in addition to logistical and IT services, according to the trade envoy.

“Moreover big Russian companies …… have their plants and successfully work in the United States exporting their products to third countries,” Stadnik said.
He added that Russia was turning into a large logistical hub and the United States wanted to develop ties with the Eurasian continent in various areas, such as container traffic.