Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Russia

Russia ranked No. 29 in total trade value through March with a total of $6.23 billion. Exports totaled $1.87 billion and Imports totaled $4.36 billion, a deficit of $2.49 billion.

January – March 2019

Top Trading Ports

Total Trade: $6.23 billion

RankPortTotal YTD
1Port of New Orleans $701,918,853
2John F. Kennedy International Airport $553,128,315
3Port of Houston $528,598,553
4Port of Everett, Wash. $459,758,866
5Port of Philadelphia $309,439,232
6Port of Newark $280,018,089
7Port of Baltimore, Md. $237,132,099
8Port of Wilmington, Dela. $204,305,125
9Seattle-Tacoma International Airport $185,771,506
10Port of Corpus Christi, Texas $159,007,244

U.S. trade with Russia rose to $6.23 billion through March

Russia’s trade with the United States rose to $6.23 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.73 percent above its total trade during the same time period last year. Russia’s exports increased 18.64 percent while imports fell 5.4 percent. The U.S. deficit with Russia was $2.49 billion.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 John F. Kennedy International Airport; No. 3 Port of Houston; No. 4 Port of Everett, Wash.; and No. 5 Port of Philadelphia. During the same period the previous year, the top five were No. 1 Port of New Orleans No. 2 Port of Houston No. 3 Port of Baltimore, Md. No. 4 John F. Kennedy International Airport and No. 5 Port of Newark. In the current time period, the top five accounted for 40.96 percent of Russia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans fell 20.84 percent to $701.92 million.
    Exports fell 10.02 percent to $8.44 million. Imports fell 20.96 percent to $693.48 million.
  • Trade with No. 2 John F. Kennedy International Airport rose 11.44 percent to $553.13 million.
    Exports fell 6.78 percent to $106.25 million. Imports rose 16.87 percent to $446.88 million.
  • Trade with No. 3 Port of Houston fell 18.31 percent to $528.6 million.
    Exports fell 7.39 percent to $126.81 million. Imports fell 21.25 percent to $401.79 million.
  • Trade with No. 4 Port of Everett, Wash. rose 5810.31 percent to $459.76 million.
    Exports rose 5810.31 percent to $459.76 million. There were no imports.
  • Trade with No. 5 Port of Philadelphia rose 105.95 percent to $309.44 million.
    Exports rose 376.98 percent to $10.88 million. Imports rose 101.77 percent to $298.56 million.

Russia ranked No. 29 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 29.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Russia by value through March were the categories of Civilian aircraft, parts; Motor vehicles for transporting people; Motor vehicle parts; Misc. machinery for moving, grading; and Misc. chemical reaction initiators, accelerators, respectively. They accounted for 52.88 percent of total exports to Russia.

The value of the top five categories of U.S. imports from Russia –– Gasoline, other fuels; Oil; Unwrought platinum in various forms; Misc. mineral or chemical fertilizers; and Pig iron –– accounted for 63.18 percent of all inbound shipments.

Looking more closely at U.S. exports to Russia:

  • Civilian aircraft, parts rose 118.71 percent compared to last year to $752.21 million.
  • Motor vehicles for transporting people rose 66.22 percent compared to last year to $81.83 million.
  • Motor vehicle parts fell 12.13 percent compared to last year to $59.75 million.
  • Misc. machinery for moving, grading rose 189.26 percent compared to last year to $49.34 million.
  • Misc. chemical reaction initiators, accelerators rose 20 percent compared to last year to $47.06 million.

Looking more closely at U.S. imports from Russia:

  • Gasoline, other fuels fell 31.11 percent compared to last year to $1.34 billion.
  • Oil rose 415.15 percent compared to last year to $603.62 million.
  • Unwrought platinum in various forms rose 44.62 percent compared to last year to $375.37 million.
  • Misc. mineral or chemical fertilizers rose 44.9 percent compared to last year to $226.36 million.
  • Pig iron fell 18.82 percent compared to last year to $207.61 million.

In the latest annual figures available, Russia recorded $23.99 billion in trade with the United States. At year’s end, its were New Orleans; New York City; Houston; Seattle; and Baltimore. Total U.S. exports to Russia were $ 6.99 billion and imports from Russia were $17 billion. The U.S. deficit with Russia was $10.02 billion.