In 2021, imports from Russia to the United States grew by one and a half times

In 2021, imports from Russia to the United States grew by one and a half times

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In 2021, imports from Russia to the United States grew by one and a half times

Imports of Russian goods to the United States in January-May 2021 grew by one and a half times in annual terms and amounted to almost $ 11.5 billion, RBC said, citing statistics from the US Census Bureau (an analogue of Rosstat).

According to the bureau, imports of Russian mineral fuel, oil and petroleum products to the United States for the period increased by 78%, to $ 6.7 billion. Imports of precious stones and semiprecious metals and stones increased almost one and a half times, to $ 1.6 billion. Russia in the United States grew by 35%, to $ 500 million, iron and steel – by a quarter, to $ 700 million.

The publication noted that the data of the Federal Customs Service (FCS) of Russia is almost two times lower. According to the statistics of the department, exports for five months of the year increased by 26% and amounted to $ 6.1 billion.The difference in indicators is associated with different methodology for assessing the customs value and with the fact that the FCS takes into account only direct deliveries to the United States, and the American side takes into account all goods of Russian production regardless of the country where they came from directly.

In the “oil” category, supplies of petroleum products dominate – imports grew by 70% in annual terms and amounted to almost $ 3.1 billion. The United States mainly buys heating oil from Russia. US crude oil shipments totaled $ 1.46 billion.

From precious and semiprecious metals, palladium exports amounted to $ 1.08 billion. Diamonds were supplied to $ 97 million. From the category of fertilizers, mainly nitrogen and potash were supplied to the United States – for $ 323.5 million and $ 167 million, respectively. The imports of iron, steel, aluminum and nickel also increased.

The growth of imports in monetary terms is mainly associated with the price factor; the physical volumes of supplies did not change significantly.

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