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).