Russia is the world’s largest country and has an immense diversity in natural resources. The overall population amounts to more than 142 million. Approximately one fourth of the population today lives in one of the 15 major cities, including Moscow, St. Petersburg and Ekaterinburg. Russia’s major industries are machinery construction, chemicals, the energy sector (oil and gas), and agriculture. The Russian economy’s main imports have in recent times been consumer goods, pharmaceutical products, cars, semi-finished products, meat, fruits and nuts, as well as optical and medical instruments. Russia’s economic strength is the export of goods, mostly from the primary sector, i.e. natural gas, oil, metals, wood and chemicals. Meanwhile, a broad range of government incentive programs have been developed with the aim of attracting investors to Russia. While the North-West of Russia is the hub for logistics and pharmaceutical industries, the central region around Moscow is famous for its automotive and mechanical engineering clusters.
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