U.S. Exports To Russia Rise Despite Tensions, Minor Sanctions

[laserguided]

[IMG]http://blogs-images.forbes.com/kenrapoza/files/2014/07/670px-barack_obama__vladimir_putin_at_putins_dacha_2009-07-07.jpg[/IMG]
[QUOTE]There’s some evidence to the fact that U.S. sanctions against Russia for their part in the civil unrest in Ukraine has not hurt trade between the two countries. The U.S. exported more good and services to Russia in May, the latest month for data, than any month this year.

That said, Russia and U.S. are only marginal trading partners. The U.S. sold $1.25 billion worth of exports in May, up from $1.03 billion in April and $1.01 billion in March when the sanctions were announced.

All of the sanctions are targeted towards a handful of Russian oligarchs, their privately held companies and a few politicians that are believed to be providing logistic or financial support to Russian separatists inside Ukraine. The embattled nation has been fighting ethnic Russians since early March, when the Ukrainian peninsula of Crimea voted to secede and join the Russian Federation on March 16.[/QUOTE]
[url]http://www.forbes.com/sites/kenrapoza/2014/07/04/u-s-exports-to-russia-rise-despite-tensions-minor-sanctions/[/url]

[Thomo_UK]

[QUOTE=Trebgarta;45293846]Isnt it the imports that matter?[/QUOTE]

Exports mean you are selling shit to them which means you get money.

[laserguided]

Duties and shit also profit Russia. So in theory they probably profit more on import duties due to protectionist policies.

[MuffinZerg]

I am just glad that despite political shit we are trading. We have had enough of ruble devaluation lately.

[Midas22]

[QUOTE=Trebgarta;45293846]Isnt it the imports that matter?[/QUOTE]

Exports must always remain higher than imports for a healthy economy. It'd make sense if the US blocks imports from Russia but not to stop their own exports.

[Map in a box]

This just raises Russia's reliance on the US and vice versa, ensuring that MAD has a harder affect.. both positive and negative in the current world's situation

[Antlerp]

[QUOTE=MuffinZerg;45294000]I am just glad that despite political shit we are trading. We have had enough of ruble devaluation lately.[/QUOTE]

im very happy about the ruble devaluation it means i get cheap russian serial keys even cheaper

thank you mr putin

[MuffinZerg]

[QUOTE=Antlerp;45295681]im very happy about the ruble devaluation it means i get cheap russian serial keys even cheaper

thank you mr putin[/QUOTE]

more like thanks obama