this January, eleven months after Russia invaded Ukraine, the United States bought $508,600,000 in Russian imports, according to data released today by the U.S. Census Bureau.
After Russia’s invasion of Ukraine, the United States imposed trade restrictions on Russia.
“In April 2022,” the Congressional Research Service reports, “Congress passed legislation prohibiting the import of Russian oil and other energy products. In 2021, approximately 8% of U.S. imports of fossil fuels came from Russia.
“The Administration has further provided broad discretion to executive branch agencies to prohibit additional U.S. exports and imports from Russia,” said CRS.
While importing $508,600,000 in goods from Russia in January, the United States exported only $44,600,000 to that country. The result was a January bilateral trade deficit with Russia of $464,000,000.
