BTW, here is a graphics to watch through a growth of oil exporters who has about the same economic weight around 2000. Not that bad for a non-producing cleptocracy, isn't it?
Posted on 08/25/2014 2:47:31 AM PDT by TigerLikesRooster
Russia is a third world country:
Russian export in 2013 was $526.4 billion
Top ten breakdown:
Mineral fuels including oil: $304,559,452,000 (57.9% of total exports)
Iron and steel: $20,050,729,000 (3.8%)
Pearls, gems, precious metals and coins: $14,367,047,000 (2.7%)
Fertilizers: $9,119,157,000 (1.7%)
Machinery: $8,815,393,000 (1.7%)
Wood: $7,324,251,000 (1.4%)
Aluminum: $7,181,742,000 (1.4%)
Inorganic chemicals: $5,009,209,000 (1%)
Copper: $4,962,945,000 (0.9%)
Electronic equipment: $4,914,638,000 (0.9%)
http://www.worldstopexports.com/russias-top-10-exports/2350
This is a typical third world export mix heavily dependent on raw materials.
Compare this to South Korea with a total export of $559.6 billion in 2013 (i.e. larger than Russia)
Top ten breakdown:
Electronic equipment: $135,502,617,000 (24.2% of total exports)
Vehicles excluding trains and streetcars: $72,783,929,000 (13%)
Machinery: $59,327,144,000 (10.6%)
Mineral fuels including oil: $54,093,985,000 (9.7%)
Optical, technical and medical apparatus: $35,946,520,000 (6.4%)
Ships, boats and other floating structures: $35,845,842,000 (6.4%)
Plastics: $31,179,306,000 (5.6%)
Organic chemicals: $24,855,250,000 (4.4%)
Iron and steel: $22,275,412,000 (4%)
Iron or steel products: $11,181,093,000 (2%)
http://www.worldstopexports.com/south-koreas-top-10-exports/2302
figures from 2012 : http://www.freerepublic.com/focus/news/3137205/posts?page=67#67
What will happen when the price of oil shrinks to, say, 80?
Are you a neo-mercantilist or what? Don’t you think there is an economy beyond exports exist? Considering a trade deficit with China, how would you rate US economy following your beliefs?
Obviously Russia has advantages in exporting raw materials, not manufactured goods.
And yep the share of manufacturing in total economy is not much differs from the United States.
“And yep the share of manufacturing in total economy is not much differs from the United States.”
No, It is easy to check the facts:
In 2013 exports from the United States amounted to US$1.579 trillion
United States Top 10 Exports
1. Machinery: $213,108,199,000 (13.5% of total exports)
2. Electronic equipment: $165,604,449,000 (10.5%)
3. Mineral fuels including oil: $148,426,743,000 (9.4%)
4. Vehicles excluding trains and streetcars: $133,640,479,000 (8.5%)
5. Aircraft and spacecraft: $115,380,944,000 (7.3%)
6. Optical, technical and medical apparatus: $84,281,276,000 (5.3%)
7. Pearls, precious stones, precious metals and coins: $72,830,232,000 (4.6%)
8. Plastics: $60,836,970,000 (3.9%)
9. Organic chemicals: $46,510,903,000 (2.9%)
10. Pharmaceutical products: $39,742,717,000 (2.5%)
http://www.worldstopexports.com/united-states-top-10-exports/2001
Apples and Oranges. I’m talking about economy in general. If something is not exported it doesn’t mean it is not exist at all.
Please send a link to a site or an article that describes the type of statistics that you are referring to. A site in Russian is OK.
try CIA factbook to start with.
BTW, here is a graphics to watch through a growth of oil exporters who has about the same economic weight around 2000. Not that bad for a non-producing cleptocracy, isn't it?
Thanks for the link http://voprosik.net/wp-content/uploads/2012/09/12.png that shows the growth of the economy since 1999 to 2011.
You should at the same time look on the oil price during that period. Check my “about page”. Every time when the oil price is low Russia is reforming and when it is high Russia is wasting its money. Next year it looks as if the oil price will go down well below 100, and this will have consequences. As Putin is slashing the pensions and the health budget for the military it will be domestic problems.
I feel sorry for the ordinary Russians.
If you would check the graphics you would see other oil-exporting countries.
All are positively affected by oil prices, but for some strange reason Russia performs much better.
The swing in much bigger in Russia. The graph is until 2011, now is heading down again.
A more important parameter is the GDP/capita:
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita
Russian Economic Development Minister Aleksei Ulyukayev on Monday called for revising the federal budget parameters in favour of education, healthcare and infrastructure.
http://en.itar-tass.com/economy/746490
Will Putin kick him out from the Government?
Russia: “They are not our soldiers. They are separatists and have nothing to do with us. But if they ARE our soldiers, they crossed over by mistake while patrolling the border”
Some things never change.
I’m totally agree that GDP per capita is more important and I also a strong believer in an idea that demand for freedom and a rule of law in any society is heavily related to a higher respective number. That is why I think that Western solution to the Ukrainian crisis which is to choke Russia economically is absolutely stupid and would only bring an opposite result.
trade war doesn’t help Ukraine at all
Yep, but I think the globalists who instigated this crisis don’t care about Ukraine at all.
Putin is a globalist?
He was guilty of escalation but not an instigator.
he was the instigator of making this an international crisis instead of an internal political realignment after the ouster of a corrupt tyrant.
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