US exports to Russia plunge to 30-year low

Trade between the countries has been cratering amid Washington’s increasing sanctions against Moscow Exports of American goods to Russia have continued to tumble, dropping to a record low of $44.6 million in January 2023, data from the US Bureau of Economic Analysis shows. According to the report, which was issued last week, exports have more than halved compared with the previous month, when deliveries amounted to $112.8 million. In annual terms, the volume of exports crashed nearly 90% from $396.8 million in January 2022. Data shows the export figure was lower only in January 1992, at $1.3 million, a figure poss

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Last updated : 13 March 2023 clock 08:20 AM

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