U.S. Exports of Goods by F.A.S. Basis to Russia
EXP4621 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.69
Year-over-Year Change
23.14%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the value of U.S. exports of goods to Russia on a Free Alongside Ship (F.A.S.) basis. It is an important indicator of trade flows and economic relations between the two countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Exports of Goods by F.A.S. Basis to Russia series tracks the dollar value of physical goods and commodities exported from the United States to Russia. The F.A.S. basis measures the value at the port of exportation, before the cost of freight, insurance, and other charges.
Methodology
The data is collected by the U.S. Census Bureau through its international trade reporting system.
Historical Context
Policymakers and economists monitor this trend to assess the state of U.S.-Russia trade and commercial activity.
Key Facts
- U.S. exports to Russia peaked in 2013 at $11.1 billion.
- Exports dropped sharply after 2014 due to economic sanctions.
- Russia accounts for less than 1% of total U.S. goods exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of physical goods and commodities exported from the United States to Russia on a Free Alongside Ship (F.A.S.) basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the state of trade and commercial activity between the U.S. and Russia, which is of interest to policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its international trade reporting system.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the impact of economic sanctions, trade agreements, and other factors on U.S.-Russia trade flows.
Q: Are there update delays or limitations?
A: The data is subject to revisions and may have lags of several months before being published.
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Citation
U.S. Federal Reserve, U.S. Exports of Goods by F.A.S. Basis to Russia (EXP4621), retrieved from FRED.