42 Вопросы эк ономики и управления №
5 (07)
2016
Trade. The Russian trade policy still has the high pro-
tection, especially for sensitive goods such as cars, iron,
steel and agricultural products etc. In 2011, total trade
turnover of Russia achieved 821.3 billion USD (43.3 %
GDP), in which export achieved 516 billion USD and im-
port achieved 305.3 billion USD. In 7 first months of 2012,
total trade turnover achieved 67.6 billion USD (increased
by 5.7 %), in which export achieved 40.8 billion USD, im-
port achieved 26.8 billion USD. Main trade partners of
Russia are EU (48 % of turnover), China (9 %) etc. Main
export lines of Russia include mineral oil and gas, ma-
chines and equipments, metal products, weapons, fer-
tilizer etc. Main import lines of Russia include machines
and equipments, cars, agricultural products, garments etc.
Russia has been a member of Common Economic Space
together with Belarus and Kazakhstan (since 01/01/2012),
completed the WTO negotiation in December 2011 and is
going to join OECD.
Investment. Until end of 2011, Russia attracted 347.2
billion USD of foreign investment, in which direct invest-
ment accounts for 40.1 %, indirect investment accounts for
2.8 %, other investment forms accounts for 57.1 %. For-
eign investment in Russia in 2011 achieved 190.6 billion
USD, increasing by 66.1 % in comparison with 2010. Big
investors in Russia include Cyprus (accounting for 22.5 %),
Holland (14 %), Luxembourg (10 %) etc. Attractive invest-
ment fields are processing industry, mine ores, retail etc.
Total value of investment in foreign countries of Russia
until end of 2011 is 106.7 billion USD, in which direct in-
vestment accounts for 51 %, indirect investment accounts
for 5 %, other investment forms account for 43 %. Russia
makes main investment in countries: Holland (25.4 %),
Cyprus (24.5 %), USA (7.7 %) etc.