Tuesday, July 12

A Research Report on Export Import Data of Russia - Russian Customs Data

Russia, officially known as Russian Federation is one of the biggest countries in the world. It has the 12th largest economy by Gross Domestic Product (GDP) and 6th largest by purchasing power parity in year 2015. Russia’s extensive mineral and energy resources, the largest reserves in the world, have made it one of the largest producers of natural gas and oil globally. It is recognized as one of the five chief nuclear weapons states. According to Russian customs data, the country recorded more exports than imports in the financial year 2015-16. A report on import export data of Russia, presented by Export Genius, states that Russia registered trade surplus in the said year.


Geography

Russia is one of the largest countries in the world. According to the February 2016 figures, its total area is 17125200 square kilometres. There are 101 nature reserves in Russia, 41 national parks, 40 UNESCO biosphere reserves and 23 UNESCO World Heritage Sites in Russia. The country has a wide natural resource base including major deposits of coal, natural gas, petroleum, timber, ores and other mineral resources. Key highlights of geographical scenario of Russia are given below:

Total Land Boundaries: 22408 km

Border Countries (14): Ukraine (1944 km), Poland (Kaliningrad Oblast) (210 km), Norway (191 km), Mongolia (3452 km), Lithuania (Kaliningrad Oblast) (261 km), Latvia (332 km), North Korea (18 km), Kazakhstan (7644 km), Georgia (894 km), Finland (1309 km), Estonia (324 km), China (south) (46 km), China (southeast) (4133 km), Belarus (1312 km) and Azerbaijan (338 km).

Coastline: 37653 km

Terrain: Broad plain with uplands & mountains along southern border regions, vast coniferous forests & tundra in Siberia and low hills west of Urals

Land Use: Agricultural Land (13.1%), Forest (49.4%) and Other (37.5%) (2011 estimation)

Irrigated Land: 43000 sq. km (2012)

Total Renewable Water Resources: 4508 cu km (2011)


Government

Conventional Long Form: Russian Federation

Conventional Short Form: Russia

Local Long Form: Rossiyskaya Federatsiya

Local Short Form: Rossiya

Government Type: Semi-presidential Federation

Capital: Moscow (Name), 55 45 N, 37 36 E (Geographical Coordinates), UTC+3 (8 hours ahead of Washington, DC, during Standard Time) (Time Difference)

National Holiday: Russia Day, 12th June (1990)

Legal System: Civil law system, judicial review of legislative acts

Chief of State: President Vladimir Vladimirovich Putting (since 7 May 2012)

National Symbol: Bear, Double-Headed Eagle

National Colours: Blue, White & Red

National Anthem: Gimn Rossiyskoy Federatsii


Economy

Russia has a high-income and developed market economy with enormous natural resources, particularly natural gas and oil. It recorded trade surplus in the year 2015. However, the country’s total imports and exports both reportedly fell down in the said year. According to Russian customs data, since 2012, Russia has been recording a decline in the total value of its imports. After registering a slight decrease in the export value of total products in year 2014, Russia’s value of exports fell down drastically in the year 2015.

Russia exported crude petroleum oil and iron & steel the most in the year 2015. And it imported automatic data processing machines and electronic equipment the most in the said year. The country exported the products mostly to Netherlands and imported the products from China in the year 2015. Let’s have a look on the overall economy of Russia along with import export data of Russia.
   

GDP (Purchasing Power Parity): USD 3.718 trillion (2015 estimation)

GDP (Official Exchange Rate): USD 1.325 trillion (2015 estimation)

GDP (Real Growth Rate): -3.7% (2015 estimation)

GDP (Per Capita): USD 25400 (2015 estimation)

Gross National Saving: USD 23.4% of GDP (2015 estimation)


Major Industries of Russia

Russia is one of the largest producers of natural gas and oil. Here are the major industries of Russia:

Serial Number
Major Industries of Russia
1.
Consumer Durables, Textiles, Foodstuffs, Handicrafts
2.
Medical and Scientific Instruments
3.
Electric Power Generating and Transmitting Equipment
4.
Agricultural Machinery, Tractors and Construction Equipment
5.
Communications Equipment
6.
Road and Rail Transportation Equipment
7.
Defence Industries including Missile Production, Radar & Advanced Electronic Components and Shipbuilding
8.
All Forms of Machine Building from Rolling Mills to High-Performance Aircraft and Space Vehicles
9.
Complete Range of Mining and Extractive Industries Producing Oil, Coal, Gas, Metals and Chemicals


Russian Customs Data of Imports

As per the Russia import data by customs, the country has been registering a fall in the import value of total products since 2013. It imported automatic data processing machines the most in the financial year 2015-16. Here are the import statistics of Russia:


Last Year Import Value (2015): USD 182781965000

Previous Year Import Value: USD 286648777000

List of Major Products Imported by Russia in 2015: Machinery (18.68%), Electrical, Electronic Equipment (11.55%), Vehicles Other Than Railway, Tramway (8.41%), Pharmaceutical Products (4.76%) and Plastics (4.17%).

List of Top Russian Exporter Countries with Import Data of Russia of 2015: China (19.3%), Germany (10.4%), United States of America (6.3%), Belarus (4.4%), Italy (4.3%), Japan (3.7%) and Ukraine (3.1%).


Russian Customs Data of Exports

According to the export data of Russia, the country registered a shortfall in its total exports in the years 2014 and 2015. It exported crude petroleum oil, iron & steel, fertilizers and turbo-jets the most in the financial year 2015-16. Below are the export statistics of Russia:


Last Year Export Value (2015): USD 343907652000

Previous Year Export Value: USD 497833529000

List of Major Products Exported by Russia in 2015: Mineral Fuels (62.84%), Iron & Steel (4.43%), Fertilizers (2.57%), Machinery (2.52%), Pearls, Precious Stones (2.29%) and Aluminium & Articles (2.05%).

List of Top Russian Importer Countries with Export Data of Russia of 2015: Netherlands (11.7%), China (8.2%), Italy (4.7%), Germany (4.6%), Japan (4.2%), Republic of Korea (3.8%) and Belarus (3.6%).


List of Russia Major Sea Ports
  • Novorossiysk (Russia’s Largest Sea Port)
  • Alexandrovsk
  • Amderma
  • Baltyisk
  • Hatanga
  • Korsakov
  • Anapa
  • Nakhodka
  • Nevelsk
  • Dikson
  • Anapa
  • Dikson
  • Zarubino

List of Russia Major Air Ports
  • Domodedovo International Airport     
  • Sheremetyevo International Airport   
  • Pulkovo Airport  
  • Vnukovo International Airport
  • Kurumoch Airport
  • Tolmachevo Airport
  • Koltsovo Airport
  • Kazan Airport

This report on import export data of Russia has been designed by Export Genius, a prominent market research company. They provide Russia customs data of imports and exports and statistical data of other countries as well. 

Are you looking for complete Russian trade report along with the export import data of Russia, visit at http://www.russiaexim.com

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