US and Europe continue to trade billions of business with Russia

US and Europe continue to trade billions of business with Russia

President Donald Trump has threatened to raise additional tariffs of 25 % in India and higher tariffs to other countries that buy Russian oil. This is done as part of an attempt to urge Moscow to end the war in Ukraine. At the same time, the United States and Europe continue to do business worth billions of dollars with Russia, even if this is only a fraction compared to trade figures before the war.

India's reaction to the customs increase

India has argued that it is targeted and describes the customs increase as "unjustified", since other countries also have business relationships with Moscow.

Trade statistics between the USA and Russia

The trade between Russia and the USA has decreased by around 90 % since the start of the large -scale invasion in Ukraine. Nevertheless, the United States imported last year worth $ 3 billion from Russia, such as the latest data of the US Census Bureau show.

European trade relationships with Russia

The European Union, which cooperates with the United States in sanctions against Russia, imported 2024 worth $ 41.9 billion (36 billion euros) from Russia. Kimberly Donovan, director of Economic Statecraft Initiative at the Atlantic Council, emphasized that the EU recently made great progress to reduce its dependence on Russia.

Details of the US Russian trade relationships

• Dünger: Die USA importierten im ersten Halbjahr dieses Jahres Dünger im Wert von 927 Millionen Dollar aus Russland, was zeigt, dass die Abhängigkeit von russischen Düngemitteln weiterhin besteht.
• Palladium: Die US-Importe von Palladium aus Russland beliefen sich auf 878 Millionen Dollar im Jahr 2024 und 594 Millionen Dollar bis Juni 2025.
• Uran und Plutonium: Im laufenden Jahr importierte die USA Waren im Wert von 755 Millionen Dollar aus Russland.

European trade transactions with Russia

• Öl: Russland war der größte Lieferant von Erdöl für die EU vor der Invasion in die Ukraine. Der Wert der europäischen Rohölimporte aus Russland fiel im ersten Quartal 2025 auf 1,72 Milliarden Dollar.
• Erdgas: Der Wert der Erdgasimporte aus Russland stieg aufgrund von Preiserhöhungen in den letzten vier Jahren auf 5,23 Milliarden Dollar im ersten Quartal 2025.
• Eisen und Stahl: Der Anteil von Eisen- und Stahlimporten aus Russland ist stark gesunken, mit einem Wert von nur 850 Millionen Dollar im ersten Quartal 2025.
• Dünger: Trotz Sanktionen hat sich der Import von russischem Dünger in der EU seit 2021 kaum verändert, im ersten Quartal 2025 wurden 640 Millionen Dollar importiert.
• Nikel: Die EU diversifiziert ihre Nikelimporte, hat jedoch 300 Millionen Dollar aus Russland im ersten Quartal 2025 importiert.

Continuous business activities of Western companies in Russia

In addition to the import and export of goods, many western companies continue to work in Russia. Some well -known American companies, including large companies, are still operating in Russia. Analysts indicate that these companies help to maintain aspects of normal life for the Russian population, even if the tax payments to the Kremlin are relatively low in comparison.

India and China's energy imports from Russia

In contrast to the falling trade figures with Moscow in the USA and the EU, India imported in 2024 were worth $ 67 billion from Russia, of which approximately $ 53 billion was on oil and crude oil. China also increased its purchases of Russian crude oil after the invasion of Ukraine. In 2024, the imports of Chinese goods from Russia were around $ 130 billion, including $ 62.6 billion in oil oils.

This article was also made by CNNS Anna Cooban.