On this page you will find beneficial information regarding foreign direct investment in / trading with Russia. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Federation
Population: 143.45 (2021)
GDP: 1.779 trillion USD (2021)
Corporate Tax Rate: 20%
Personal Income Tax Rate: 13%
Major Exports: Crude Petroleum ($113B), Refined Petroleum ($81.8B), Petroleum Gas ($37.7B), Coal Briquettes ($19.1B), and Gold ($19.1B), exporting mostly to China ($70.9B), Netherlands ($39B), United States ($27.4B), United Kingdom ($24.7B), and Italy ($22.2B).
Major Imports: Cars ($12.9B), Motor vehicles; parts and accessories (8701 to 8705) ($9.57B), Packaged Medicaments ($8.67B), Broadcasting Equipment ($8.49B), and Computers ($5.27B), importing mostly from China ($67.7B), Germany ($31.3B), Belarus ($15.8B), South Korea ($10.4B), and Poland ($8.83B).

April 23, 2021
Commodities at Risk: Potential Impacts of a Russian Invasion on Ukraine's Key Exports - the International Trade Council

Potential Impacts of a Russian Invasion on Ukraine’s Key Exports

January 6, 2021
Is a Russian Invasion of Ukraine Likely? Views from the International Trade Council.

Is a Russian Invasion of Ukraine Looming?

June 22, 2020
Title: Ukraine Wheat Exports: A Critical Overview and the Impact of a Potential Russian War

How will wheat exports be affected by a Russian war on Ukraine?

March 7, 2019
BRICS: Impact on International Trade

What is BRICS?