Market Brief on Russia

Transcription

1 Market Brief on Russia March 2017 Russia has an upper-middle income mixed economy with state ownership in strategic areas of the economy. Market reforms in the 1990s privatized much of Russian industry and agriculture, with notable exceptions to this privatization occurring in the energy and defense-related sectors. It has recorded GDP of $1.267 trillion and ranked 12 th largest economy in terms of nominal GDP. Total Population Area Time Zone Capital City International Telephone Code Currency Exchange Rate (2017) GDP (2016) GDP per capita (2016) GDP Growth Rate (Sep 2016) Ease of Doing Busis (World Bank 2017) Inflation Rate (Feb 2017) Official Language(s) Languages million 17.1 million km² UTC Moscow +7 Russian Ruble 1 US$ = RUB Russian Ruble US$ 1267 Billion US$ 8, % 40/ % Russian English, Tatar, German Cities Moscow Saint Petersburg Novosibirsk Yekaterinburg Nizhny Novgorod Samara Omsk Kazan Rostov-on-Don Chelyabinsk Population (million) Busis Hours Banking Hours Literacy Rate 99.7% Measures Important International Participation 0900 hrs-1800 hrs. Lunch hrs hrs. (weekdays) hrs. (Sat) Metric System UN, BRICS, WTO, CIS, APEX (Asia Pacific Economic Cooperation)

2 US $ MILLION MARKET BRIEF ON RUSSIA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD 2 Russia Trade with the World ( ) Import Export 600, , , , , , Year Import 316, , , , ,262 Export 524, , , , ,491 Source: Trade map (US $ million) Major Import Sources of Russia Major Export Destinations of Russia 37% China 2 Germany 1 4 Netherlands 10% China 10% Ukraine Poland Korea, Republic of Japan Italy France United States of America 6% Belarus Japan United States of America Kazakhstan Italy Korea, Republic of Germany 8% Belarus Turkey

3 US $ million MARKET BRIEF ON RUSSIA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD 3 Major Import Products of Russia Major Export Products of Russia (2016) (2016) 8 Antiques older Petroleum oils, than one oils from 3 bituminous Aluminium oxide, except Large Sized Cars Taps, cocks, valves and similar appliances, Digital computers with cpu and inputoutput units Large Diesel Engine Cars Medicament s, in dosage Machinery for liquefying air or other gases Medium Sized Cars Telephone sets Wheat except durum wheat, and meslin Natural gas, liquefied Diamonds (jewellery) unworked or simply sawn, cleaved Aluminium unwrought, not alloyed Lumber, coniferous (softwood) thicks < 6 mm Bituminous coal, not agglomerate d Antiques older than one Oils petroleum, bituminous, distillates, except crude 1 Oils petroleum, bituminous, distillates, except crude Sri Lanka- Russia Trade ( ) (18) (48) -100 Imports Exports Trade Balance

4 MARKET BRIEF ON RUSSIA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD 4 Exports Imports Trade balance Source: Trade map (US $ million) (48) (18) Sri Lankan products with export potential to Russia Mens, boys trousers & shorts, material, not Coffee substitutes containing coffee Womens, girls bathrobe, dressing gowns,, Womens, girls anoraks etc of material, not Mens, boys trousers & shorts, of material, T-shirts, singlets etc, of material, Petroleum oils, oils from bituminous minerals, crude Mens, boys shirts, of material, not Conveyor, transmission belts and belting, rubber Womens, girls trousers, shorts, material, not Mens, boys bathrobes, dressing gown etc fibre Tugs and pusher craft Rubber hygienic, pharmacy items except contraceptives Cotton-seed or fractions simply refined Womens, girls garments, material, not Clothing and accessories except gloves, of rubber Womens, girls overcoats, etc, material, Pullovers, cardigans etc of material Jams, fruit jellies, purees and pastes, except citrus Cashew nuts, fresh or dried Arrowroot, salep, etc fresh or dried and sago pith Womens, girls blouses & shirts, of material, Babies garments, accessories of material, Flight simulators, parts thereof Graphite based products Footwear, Fish livers and roes, fresh or chilled Womens, girls trousers & shorts, material, Vegetable wastes and residues for animal feed Knit or crochet fabric of other materials, Construction equipment, not self-propelled Cigars, cheroots, cigarettes, with tobacco substitute Parts of electrical machi and apparatus Bathroom wares, of plastics Balloons, dirigibles, non-powered aircraft Parts for electric motors and generators Hosiery, of materials, Electrical control and distribution boards, > 1kV Fish live, except trout, eel or carp Fish, salted or in brine, not dried or smoked

5 MARKET BRIEF ON RUSSIA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD 5 Sri Lanka s Imports from Russia (2016) Sri Lanka s Exports to Russia (2016) Paper Products 7% Petroleum Products 7% Synthetic Rubber Export Crops Lentils Wadding Gauze, Bandages & Similar Pharmaceut ical Articles Tea Bagging, Packing, Cleaning, Weighing Machi Cowpea 0% Coco Peat & Fiber Pith Pneumatic & Retreated Rubber Tyres & Tubes Tea Discharge Lamps Activated Carbon Manufactur es Pepper Frozen Fish Vegetables 0% Apparel 1 Industrial & Surgical Gloves of Rubber Natural Sands 1 Rice & Cereals 27% Products of Base Metal 3 Tea Packets 2 Tea in Bulk 5

6 MARKET BRIEF ON RUSSIA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD 6 Trade Fairs/Solo Exhibitions and Trade Missions Event Latest Date Category Oil Gas Chemistry Ecology Mar 2017 Power & Renewable Energy Bus Rubber Rti Rubber & Rubber Products Ugra Fish Festival Fair Mar 2017 Food & Beverage Art Yekaterinburg 26 Mar 2017 Gifts & Handicrafts Semiprecious Sto Bazaar Apr 2017 Gems & Jewelry Exhibition Textile Fair Azure Flower Apr 2017 Textile, Fabrics & Yarns industry Tires & Rubber Moscow April 2017 Rubber products, Synthetic fibers, tires Textillegprom Federal Trade 29 Aug-01 Sep 2017 Textile, Fabrics Fair World food Moscow September 2017 Beverages, Food FlowersExpo Sep 2017 Flowers, trees etc. WoodEx Moscow November 2017 Timber Industry Useful Addresses Preferential Trade Agreements EMBASSY OF THE PEOPLE S REPUBLIC OF CHINA 404, Bauddhaloka mawatha, Colombo 7, Sri Lanka Telephone: (General), (Ambassador's office) rusemb.srilanka@gmail.com Fax: Embassy of Sri Lanka Office Address : Ulitsa Schepkhina - 24, Moscow , Russia (From Sri Lanka): 007 Telephone: (495) , (495) , (495) Fax : (495) moscow@mea.gov.lk Website: BRICS Eurasian Economic Union (EAEU) Georgia - Russian Federation Russian Federation Azerbaijan Russian Federation - Belarus Kazakhstan Russian Federation Serbia Russian Federation - Turkmenistan Russian Federation Uzbekistan