RUSSIA IN FIGURES
Russia is the largest country in the world, being 2,5 times bigger than Europe, almost 2 times bigger than the US and China, 26 times larger than France, 47 times larger than Germany and 45 times bigger than Japan.
Russia is rich in mineral resources estimated to reach 14,1 billion barrels (6,1% of the global reserves) including the largest proved gas reserves in the world (31,2 tcm (over 48% of the global gas reserves)).
The mineral resources available are grouped as follows:
- fuel and energy resources (oil, natural gas, coal, uranium);
- ferrous metals (iron, manganese, chrome ores);
- nonferrous and rare metals (copper, lead, zinc, nickel, aluminum ore, stannum, wolframium, molybdenum, stibium, mercury, titanium, zirconium, niobium, tantalum, yttrium, rhenium, scandium, strontium, etc.);
- precious metals (gold, silver, platinum group elements);
- non-metals (apatites, phosphorites, potash and sodium salt, calcium fluoride, white mica, talc, magnesium, mineral carbon, barite, piezo-optic raw materials, precious and semi-precious stones).
Only 20% of the Russian mineral deposits are reported to be developed, the other ones remaining unexplored. The Russian Investment Agency is ready to offer foreign investors a broad range of professional services in the domain.
Russia has more than a fifth of the world's forests (22 %). Recent findings suggest that the forested area of the country covers 776,1 million hectares (45% of the territory).
Forests play an important role in the economy of Russia as a source of timber and many raw materials. According to the Federal State Statistics Service, in 2014 wood processing goods, works and services turnover reached 372,54 bln rubles; that of pulp and paper business, publishing and printing made around 755 bln rubles.
Rivers are a key element of the country’s water resources. There are 120 000 rivers in Russia with a total length of over 2,3 mln km (excluding minor ones) and a navigable length of 400 000 km.
Rivers are a significant power source accounting for 20,7% of energy output. Russia has 102 hydropower plants with a capacity of over 165 MW, making it the fifth country in the world for hydropower production.
The newly updated National Export Strategy implies Russia becoming a world’s leading supplier of peltry-ware, furs, fresh water, wild berries, herbs, etc. The Russian Empire and the USSR were internationally regarded as leading peltry-ware and fur exporters.
Russian labor resources are rather extensive. According to the Federal State Statistics Service, in 2014 the working population in Russia exceeded 75 000 000 people. 5% unemployment rate is rather low in contrast to that reported to reach 11,5% in the Eurozone in 2014 (Eurostat).
Science and technology
Russia is an internationally renowned scientific center. The major research facilities are clustered in Moscow, Moscow Oblast, Saint-Petersburg, Novosibirsk, Nizhny Novgorod, Kazan, Samara and Ekaterinburg.
Innopolis (a town in the Republic of Tatarstan, near Kazan) project, established as a technology park, is exclusively attractive to overseas investors.
Population and consumer market
As indicated in the official estimate for 1 January 2015, the population of Russia is 146,270,033, which exceeds that of Japan (127,3 million people) and twice exceeds the population of Turkey, Iran, France and Italy.
Russia's consumer market will be the largest in Europe by 2020 and the fourth largest in the world, offering rich pickings for investors, according to European analysts.
The Russian railways are ranked the second longest globally, behind those of the United States. The volume of freight hauled is the third behind the United States and China. In overall density of operations Russia is second only to China.
The Development Concept of International Transport Corridors involves a 2,67 trn ton-km cargo turnover increase by 2020. By comparison, in 2010 an average cargo turnover in the US made 2,5 trn ton-km, in Germany – more than 100 bln ton-km, in France – over 40 bln ton-km.
Russia has 85,2 thousand kilometers of common-carrier railway lines, of which about 43,3 thousand km are electrified and carry most of the traffic, over 40% is double track. Russian railway lines are 3,6 times longer than those in Japan, and more than twice longer than those in France, Australia and Germany.
There are 209 airports currently located in Russia, 26 of them served over 1 000 000 passengers in 2014.
Lying between Europe and Asia, Russia is a part of the 6 major international transport corridors.
International transport corridors
The International North–South Transport Corridor is the ship, rail, and road route for moving freight between India, Russia, Iran, Europe and Central Asia. According to the Russian Railways analysts, the annual turnover of the transport corridor in its Russian section will reach 26 MT in 2015.
The International Transsib Transport Corridor is a network of railways connecting Central Europe, Moscow, Saint-Petersburg with the Russian Far East (Vladivostok cargo port) and the Sea of Japan, Ukraine, Kazakhstan, Mongolia, Korea and China.
- Northern Sea Route
The Northern Sea Route (the Northeast Passage) is a shipping lane connecting the Nordic countries, Northern Europe (the entire route lies in the Arctic waters and runs through Murmansk, Arkhangelsk, Kandalaksha, Dudinka) and the APAC countries, the US, Australia, New Zealand. The Northeast Passage is twice shorter than the route connecting Europe and Asia via the Suez Canal.
A shipping lane connecting Harbin - Grodekovo - Vladivostok/Nakhodka/Vostochny and APAC ports.
A shipping lane connecting Hunchun - Kraskino – Posyet/Kraskino and APAC ports.