Mining in Russia - Trade

Trade

The value of mineral exports to the Russian economy has been increasing in recent years; and, in 2005, the minerals sector accounted for more than 70% of the value of exports. Mineral fuels were by far the leading category of exports in terms of value. In 2005, mineral products accounted for about 12% of the total value of imports, of which metals imported from both inside and outside the CIS accounted for more than 70%.

Read more about this topic:  Mining In Russia

Famous quotes containing the word trade:

    “My trade and my art is living. He who forbids me to speak about it according to my sense, experience, and practice, let him order the architect to speak of buildings not according to himself but according to his neighbor; according to another man’s knowledge, not according to his own.”
    —Michel de Montaigne (1533–1592)

    “Experience has shown that the trade of the East is the key to national wealth and influence.”
    —Chester A. Arthur (1829–1886)

    “a highly respectable gondolier,
    Who promised the Royal babe to rear
    And teach him the trade of a timoneer
    With his own beloved brattling.”
    —Sir William Schwenck Gilbert (1836–1911)