21.2.2

Russia's Economy

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Russia's Economy

Russia is rich in natural resources and imports a few key products.

Natural resources

Natural resources

  • Russia is one of the most naturally rich countries in terms of resources with large supplies of oil, copper, diamonds, natural gas, petroleum, timber, gold, silver lead and bauxite.
  • In 2017, Russia’s GDP was $1.3 billion and GDP per capita was $10,985.
Exports

Exports

  • Russia’s key export products are crude oil, petroleum and natural gas, accounting for 58% of the total exports.
  • Key trading partners are Europe and Asia with 60% and 30% respectively accounting for the total exports.
  • The combination of these key export products and others contributed 25 billion towards the economy in 2015.
  • Russia is currently the 7th largest producer of gold with most of its annual estimated 250 tonnes extracted from Siberia.
Imports

Imports

  • Russia’s key import products are food, pharmaceuticals and textiles.
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Geography Skills

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Geography of the World

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Development

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Weather & Climate

6

The World of Work

7

Natural Resources

8

Rivers

9

Coasts

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Glaciers

11

Tectonics

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Climate Change

13

Global Population & Inequality

14

Urbanisation

15

Ecosystems

16

Life in an Emerging Country

17

Analysis of Africa

18

Analysis of India

19

Analysis of the Middle East

20

Analysis of Bangladesh

21

Analysis of Russia

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