Import, export
Posted by russiatrip on January 14, 2009
Russian export goods include crude oil, natural gas, iron ore and other metals, wood, coal, agricultural produce, steel and iron, weapons, machinery. The main lines of exports in 2006: Netherlands 12.3%, Italy 8.6% Germany 8.4%, China 5.4%, Ukraine 5.1%, Turkey 4.9%, Switzerland 4.1%. Import partners: Germany 13.9%, China 9.7%, Ukraine 7%, Japan 5.9% South Korea 5.1%, USA 4.8%, France 4.4% Italy 4.3%. In 2007 the value of exports (365 billion U.S. dollars) was 1.38 times greater than imports (260.4 billion dollars) [31] [32]. According to SIPRI, Russia is the world’s largest exporter of heavy conventional weapons [33]. Oil, gas, metals and timber account for more than 80% of exports, resulting in a high sensitivity of the Russian economy to fluctuations in world prices of raw materials
