US & Global Economic Impact Analysis and Forecasts

Freedonia analysts and economists are sharing their insights on how major events are impacting different parts of the US and global economies.

Sanctions to Severely Impact US Exports to Russia

Severe sanctions placed on Russia by Western countries in retaliation for its invasion of Ukraine will have a crippling impact on the Russian economy. The blowback from these sanctions will hit US businesses as well. Per the US International Trade Commission, Russia was the 39th largest recipient of US goods exports in 2021, valued at over $5 billion. US exporters to Russia will be impacted by these sanctions in three big ways:

Freedonia analysts will continue to watch how sanctions and their after effects further along supply chains impact US and global economies.

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