Issue Brief on “US-Russia Improving Trade Relations”

On May 29, 2017, Russian Trade Envoy Alexander Stadnik said that the volume of the Russian exports to the United States is increasing despite US sanctions and cooler bilateral relations.[1] The US-Russia bilateral trade relations have been subject to fluctuations from the onset but never has there been a time when trade between the two powers experienced a flat line.

Russia has been primarily exporting oil and gas products, raw food products, machinery, ferrous and non-ferrous metals, precious metals, as well as logistical and IT services to the United States.[2] While the United States have been exporting aerospace technology, opto-electronics, advance materials and nuclear technology to Russia.[3] However, the bilateral trade has been more beneficial for Russia compared to the United States.

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