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Deterioration of trade relations between the United States and Russia

Official data report a significant decrease in trade volume between the United States and Russia in recent decades.

According to Webangah News quoted by Mehr News Agency, citing Sputnik, statistical data indicate that the volume of trade between America and Russia has dropped to the lowest level in the last three decades.

According to the data of the US statistical base, the amount of trade between Russia and the US is expected to decrease to 3.7 billion dollars by the end of this year, which is the lowest level since 1992. .

According to these statistics, the amount of Russian exports to America from January to August reached 2.26 billion dollars, which is a decrease compared to 3.4 billion dollars last year. It shows.

Meanwhile, the amount of American exports to Russia during the first eight months of this year decreased by 16% and reached a total of 334 million dollars.

During the presidency of Joe Biden, trade between the two countries decreased six times. In 2020, the last year of Donald Trump’s presidency, trade between Moscow and Washington was $21.8 billion. This figure reached 20.4 billion dollars in 2016 and during the time of Barack Obama, when the first wave of US sanctions against Russia began.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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