Russia is known all over the world for its thinkers and artists, including writers like Leo Tolstoy and Fyodor Dostoevsky, composers such as Pyotr Ilyich Tchaikovsky, and ballet dancers like Rudolf Nureyev. The Cathedral of the Annunciation is connected to Moscow's Grand Kremlin Palace.
What Is Russia Famous For? Russia is known for its Vodka production, cold climate, and Matryoshka Doll. The country also has a rich historical past consisting of The Russian Empire and The Soviet Union.
Russia is a key supplier of not just oil and gas, but also wheat, metals and fertilizers.
[Explore the top universities in Russia.] Russia has one of the world's largest economies. Top industries include oil and natural gas production, with agriculture, forestry, fishing and manufacturing serving as other economic drivers.
It has enormous natural resources, particularly oil and natural gas. It is the world's eleventh-largest economy by nominal GDP, and the sixth-largest by purchasing power parity (PPP). Due to a volatile currency exchange rate, Russia's GDP as measured in dollars fluctuates sharply.
Exports The top exports of Russia are 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).
Russia is the world's largest exporter of oil to global markets and the second largest crude oil exporter behind Saudi Arabia.
Russia is one of the largest producers and exporters of certain grains and critical minerals. For example, the country is a leading exporter of neon (for semiconductors), palladium (catalytic converters), and titanium (aircraft).
In 2021, the crime rate in Russia reached approximately 1.37 thousand offenses per 100 thousand population, marking a slight decrease compared to the previous year. Over the period from 2015 to 2021, the rate saw a decline by 262 registered crimes per 100 thousand people.
Russian culture is non-individualistic. The power of an individual in Russia is much less than in the west and most deals are pushed through family, friends and acquaintances. A famous Russian saying is, "One is not a soldier in the battlefield." In Russia, it is necessary to know people in power to make things work.
Broadly speaking, generosity, resilience and strength tend to be common features of the Russian character across the country.
The vast majority of Russians live in native Russia, but notable minorities are scattered throughout other post-Soviet states such as Belarus, Kazakhstan, Moldova, Ukraine, and the Baltic states.
Visit Russia to experience its magnificence
Russia is the biggest country in the world, and its mighty scale is reflected in the splendour of its palaces, churches and parks. Everywhere you look, size matters, from the grandeur of the Moscow Metro to the towering Kremlin.
The top import categories (2-digit HS) in 2019 were: mineral fuels ($13 billion), precious metal and stone (platinum) ($2.2 billion), iron and steel ($1.4 billion), fertilizers ($963 million), and inorganic chemicals ($763 million). U.S. total imports of agricultural products from Russia totaled $69 million in 2019.
Russia's Official Development Assistance (ODA) steadily increased from $100 million in 2004 to more than $1 billion in 2017, making it one of the largest foreign aid donors in the world.
The term "second world" was initially used to refer to the Soviet Union and countries of the communist bloc. It has subsequently been revised to refer to nations that fall between first and third world countries in terms of their development status and economic indicators.
As one might expect, China has been the top buyer of Russian fossil fuels since the start of the invasion. Russia's neighbor and informal ally has primarily imported crude oil, which has made up more than 80% of its imports totaling more than $55 billion since the start of the invasion.
Russia may hold as much as 30% of the world's iron. It is the world's sixth largest coal producer and contains coal reserves second only to the US. Russia also produces 3.9% of the world's steel.
China is the only country that has maintained its leading position among Russia's largest trading partners since 2021. The trade turnover between the two countries in 2022 amounted to $140.7 billion. Next came Germany ($57 billion), the Netherlands ($46.4 billion) and Belarus ($38.4 billion).
During 2021, Russia had a large net trade with Australia in the exports of Chemical Products ($78.6M), Wood Products ($77.3M), and Mineral Products ($60.4M). During 2021, Australia had a large net trade with Russia in the exports of Chemical Products ($670M), Machines ($63.2M), and Instruments ($12M).
Exports The top exports of Australia are Iron Ore ($118B), Coal Briquettes ($54.3B), Petroleum Gas ($39.2B), Gold ($17.6B), and Wheat ($7.36B), exporting mostly to China ($138B), Japan ($47B), South Korea ($29.4B), India ($20.5B), and Chinese Taipei ($13.2B).
Russia possesses rich reserves of iron ore, manganese, chromium, nickel, platinum, titanium, copper, tin, lead, tungsten, diamonds, phosphates, and gold, and the forests of Siberia contain an estimated one-fifth of the world's timber, mainly conifers (see fig. 8; Environmental Conditions, ch.