Key Features

Russia has the 14th largest export economy in the world. The economy is a centrally planned economy undergoing changes to transition into a free market economy.

In 2017 the total export was $342B(OEC). Crude Petroleum takes the lead in main export with 28%, and refined petroleum with 17%. Russia’s main export destinations are China with $39.1B, the Netherland with $27.7B, Germany with $19.9B, Belarus with $18.5B, and The USA with $15.4B(OEC).

Their main import in 2017 were packaged medicaments (3.7%) and cars (3.5%). The total import was $222B in 2017. The current GDP per Capita is $11, 461.12 (statista) .