Semester Project 1: Russia GDP, major industries, and exports/imports

 Russia has undergone much change in the last twenty years due the fall of the soviet union due to the change from a centrally controlled economy to a market based economy. Russia has a abundance of natural resources including oil, coal, natural gas, and precious metals.

 According to TradingEconomics, Russia's GDP in Decemeber of 2011 was at an all time high of 1857.77 billion US dollars. Betweeen the years of 1989 and 2011 there was a record low in December of 1999 with a GDP of 195.9 US dollars. (These numbers were reported by The World Bank Group.)

 

Exports in 2011 valued 520.9 billion and included petroleum, natural gas, metals, wood, chemicals, and a wide variety of civilian and military manufactures. Imports valued at 322.5 billion and included machinery, vehicles, pharmaceutical products, plastic, semi-finished metal products, meat, fruits and nuts, optical and medical instruments, iron, and steel.  

Major industries include oil and gas, mining, processing precious stones and metals, aircraft building, aerospace production, weapons and military machinery manufacture, electric engineering, pulp-and-paper production, automotive industry, transport, road and agriculture machinery production, light and foodstuffs industries.