Russia
Commercial Service Status, U.S. Sanctions and Export Controls on Russia
The U.S. Commercial Service Russia suspended operations on July 15, 2021, due to the Russian government’s ban on locally employed staff. Russia’s invasion of Ukraine on February 24, 2022, has severely affected bilateral commercial relations.
Initial trade statistics from the months following the invasion indicated a 70-80% drop in U.S. exports to Russia, and the long-term effects of sanctions, export controls, and other U.S. government measures affecting trade remain uncertain. 2023 U.S. export statistics show roughly a 90% drop in U.S. exports compared to 2021, the last year before Russia re-invaded Ukraine.
After the invasion, the U.S. Government responded by imposing new sanctions and export controls on Russian entities and individuals. Please see Sanctions and Export Controls for more detailed information and links to selected USG resources.
These sanctions and export controls, which continue to expand, have significant implications for U.S. exporters working in the Russian market. The Office of Russia, Ukraine, and Eurasia (ORUE) is available for consultations about USG informational resources available to U.S. companies. Please contact Policy Team Lead Tanner Johnson and Russia Desk Officer Agnes Pawelkowska for more information.
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