Introduction
Russia, officially known as Russian Federation is a sovereign state in northern Eurasia. It covers more than one-eighth of the earth’s inhabited land area. It is the world’s 9th most populous country with more than 144 million people, recorded at the end of year 2015. As far as economy of Russia is concerned, it has the twelfth largest economy by nominal GDP and sixth largest by purchasing power parity in 2015. The country is known as one of the largest producers of natural gas and oil. As per Export Genius trade data of Russia, the country’s exports were greater than its imports during financial year 2015-16. Let’s have complete and comprehensive report on Russia trade with import export data of Russia.
Geography
Government
Economy
Russia has gone through significant changes since the collapse of the Soviet Union, moving from a centrally planned economy towards a more market-based system. Both economic reform and economic growth have stalled in recent years, however, the country remains a predominantly statist economy with a high concentration of wealth. The protection of property rights in Russia is still after privatising many sectors and the country continues to interfere in the free operation of the private sector. Russia is one of the world’s largest producers of oil and natural gas and also the top exporter of metals such as aluminium and steel as per report of trade data of Russia.
A combination of structural limitations, international sanctions and falling oil prices pushed Russia into a deep recession in the year 2015 with the Gross Domestic Product (GDP) falling by close to 4%. Here is a summary of comprehensive report on trade statistics of Russia with import export data of Russia 2015.
Major Industries & Agricultural Products:
Russia Exports
Russia Imports
Conclusion
With this final report on trade data of Russia, we conclude our journey of import export data of Russia from 2001 to 2015. We now have to follow how year 2016 will handle the Russia’s economy. If we look at the export figures of Russia of 2016’s first two months, the country’s total value of Russia exports stood at USD 17466557000 in January and USD 20158895000 in February. As far as Russia imports in year 2016 are concerned, the value stood at USD 9063622000 in January and USD 12072671000 in February. We continue to have a closer look on Russia’s economy in this year too and bring you the latest import export data of Russia by updating all the trade statistics of Russia on our website.
See more Russia Trade stats at http://www.exportgenius.in or http://www.indiatradedata.com
Russia, officially known as Russian Federation is a sovereign state in northern Eurasia. It covers more than one-eighth of the earth’s inhabited land area. It is the world’s 9th most populous country with more than 144 million people, recorded at the end of year 2015. As far as economy of Russia is concerned, it has the twelfth largest economy by nominal GDP and sixth largest by purchasing power parity in 2015. The country is known as one of the largest producers of natural gas and oil. As per Export Genius trade data of Russia, the country’s exports were greater than its imports during financial year 2015-16. Let’s have complete and comprehensive report on Russia trade with import export data of Russia.
Geography
Location: North
Asia bordering the Arctic Ocean, extending from Europe to the North Pacific
Ocean.
Area:
17,098,242 sq.km. (Total); 720,500 sq.km. (Water); 16,377,742 sq.km. (Land)
Total Land Boundaries:
22,408 km
Coastline:
37,653 km
Natural Resources:
Major deposits include – timber, reserves of rare earth elements, strategic
minerals, coal, natural gas and oil.
Land Use:
13.1% (Agricultural Land); 49.4% (Forest); 37.5% (Other)
Irrigated Land:
43,000 sq.km.
Total Renewable Water
Resources: 4,508 cu kmGovernment
Conventional Long Term:
Russian Federation
Conventional Short Form:
Russia
Local Long Form:
Rossiyskaya Federatsiya
Local Short Form:
Rossiya
Former:
Russian Empire, Russian Soviet Federative Socialist Republic
Government Type:
Semi-presidential Federation
Capital:
Moscow
Time Difference:
UTC+3 (8 Hours Ahead of Washington DC, during Standard Time)
Chief of State:
President Vladimir Vladimirovich Putin (Since 7th May 2012)
National Symbol:
Bear and Double-headed Eagle
National Colours: White, Blue and RedEconomy
Russia has gone through significant changes since the collapse of the Soviet Union, moving from a centrally planned economy towards a more market-based system. Both economic reform and economic growth have stalled in recent years, however, the country remains a predominantly statist economy with a high concentration of wealth. The protection of property rights in Russia is still after privatising many sectors and the country continues to interfere in the free operation of the private sector. Russia is one of the world’s largest producers of oil and natural gas and also the top exporter of metals such as aluminium and steel as per report of trade data of Russia.
A combination of structural limitations, international sanctions and falling oil prices pushed Russia into a deep recession in the year 2015 with the Gross Domestic Product (GDP) falling by close to 4%. Here is a summary of comprehensive report on trade statistics of Russia with import export data of Russia 2015.
GDP (purchasing power parity):
USD 4.71 trillion (2015); USD 3.612 trillion (2014); USD 3.59 trillion (2013)
GDP (official exchange rate):
USD 1.236 trillion (2015)
GDP (real growth rate):
-3.9% (2015); 0.6% (2014); 1.3% (2013)
GDP (per capita): USD 23,700 (2015);
USD 24,700 (2014); USD 24,50 (2013)Major Industries & Agricultural Products:
Serial Number
|
Industries
|
1.
|
Complete Range of Mining & Extractive Industries Producing
Metals, Chemicals, Gas & Oil
|
2.
|
All Forms of Machine Building from Rolling to High Performance
Special Vehicles & Aircraft
|
3.
|
Defence Industry Products including Shipbuilding, Advanced
Electronic Components, Missile Production & Radar
|
4.
|
Rail & Road Transportation Equipment
|
5.
|
Communication Equipment
|
6.
|
Electric Power Generating & Transmitting Equipment
|
7.
|
Medical & Scientific Instruments
|
8.
|
Handicrafts
|
9.
|
Foodstuffs
|
10.
|
Textiles
|
11.
|
Consumer Durables
|
12.
|
Agriculture Products including Milk, Beef, Fruits, Vegetables, Sunflower
Seeds, Sugar Beets & Grain
|
Total Value (2015):
USD 333501801000
Previous Year Value:
USD 497833529000
List of Major Russia Exports with 2015
Export Data of Russia: Mineral Fuel & Oil (50.6%),
Iron & Steel (4.47%), Fertilizers (2.58%), Machinery & Nuclear Reactors
(2.44%), Pearls & Precious Stones including Diamond (2.23%), Aluminium
(2.06%), Wood (1.84%), Cereals (1.66%) and Copper (1.25%).
Top Trade Partners of 2015: Netherlands (11.6%),
China (8.2%), Germany (7.4%), Italy (6.5%), Turkey (5.7%), Belarus (4.5%),
Japan (4.3%) and Republic of Korea (3.9%).Russia Imports
Total Value (2015):
USD 177292663000
Previous Year Value:
USD 286648777000
List of Major Russia Imports with 2015
Import Data of Russia: Machinery & Nuclear
Reactors (18.82%), Electrical & Electronic Equipment (11.62%), Vehicles
Other Than Railway & Tramway (8.42%), Pharmaceutical Products (4.71%),
Plastics (4.2%), Iron & Steel (1.81%), Edible Fruit including Citrus
Fruits, Apples, Watermelons, Bananas & Grapes (2.17%).
Top Trade Partners of 2015: China (19.2%),
Germany (11.2%), United States of America (6.1%), Belarus (4.8%), Italy (4.6%),
Japan (3.8%), France (3.3%) and Ukraine (3.1%).Conclusion
With this final report on trade data of Russia, we conclude our journey of import export data of Russia from 2001 to 2015. We now have to follow how year 2016 will handle the Russia’s economy. If we look at the export figures of Russia of 2016’s first two months, the country’s total value of Russia exports stood at USD 17466557000 in January and USD 20158895000 in February. As far as Russia imports in year 2016 are concerned, the value stood at USD 9063622000 in January and USD 12072671000 in February. We continue to have a closer look on Russia’s economy in this year too and bring you the latest import export data of Russia by updating all the trade statistics of Russia on our website.
See more Russia Trade stats at http://www.exportgenius.in or http://www.indiatradedata.com
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