Issue Brief on “US-Russia Improving Trade Relations”

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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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