In 2023, Russia imported more than $1 billion worth of chips manufactured in the United States and Europe

In the first nine months of 2023, Russia purchased $1.7 billion worth of foreign-made chips bypassing sanctions - more than half of these chips were manufactured by American and European companies. This was reported by Bloomberg, citing closed data from Russian customs.

In the first nine months of 2023, Russia purchased $1.7 billion worth of foreign-made chips bypassing sanctions – more than half of these chips were manufactured by American and European companies. This was reported by Bloomberg, citing closed data from Russian customs.

The vast majority of sanctioned goods are re-exported to Russia via third countries, including China, Turkey and the United Arab Emirates, Bloomberg notes.