Reports

Leveraging Trade Data to Identify the Possible Transshipment of Dual-Use Goods to Russia

05/16/24 2 minute read

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Since Russia’s invasion of Ukraine in March 2022, the United States and other Western nations have imposed strict controls on the export of dual-use goods to Russia. Russian companies have nevertheless succeeded in obtaining BIS high priority items through third-party countries, most notably China and Hong Kong.

In this report, Sayari analysts investigate transshipment to Russia via Hong Kong using known smuggler Maxim Marchenko as a jumping off point. Leveraging data in Sayari Graph, analysts explore the trade relationships of Marchenko’s three Hong Kong-based companies to discover:

  1. What goods were illegally transshipped to Russia
  2. Who received the shipments
  3. What Western companies might have consequently and unintentionally aided in the Russian war effort

Download the report for detailed findings as well as case studies demonstrating how this analytical method could be useful not only to regulators and law enforcement, but also to technology manufacturers looking to mitigate sanctions and export control risk.

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