Russia and Ukraine suffered their worst month of April for U.S. trade in 20 years, according to the latest U.S. Census Bureau data. Although U.S. trade generally declines in April when compared to the previous month, U.S. trade with Russia was down 23.73%. Neither Russia nor Ukraine are top U.S. trade partners. 1 importer into the United States of refined petroleum products, as it was in February of this year. Ukraine’s trade with the United States is well balanced between exports and imports, with the United States generally running a slight trade surplus.

Source: Forbes June 08, 2022 13:40 UTC