Russia Macro Environment: India Perspective
(Macro Environment Analysis)
RUSSIA
Agenda
• • • • • • Introduction: India – Russia Relations Macro-Economic Indicators Socio-Economic Indicators Doing Business in Russia Economic Environment Trade and Suggestive Approach
2
Introduction: India - Russia Relations
• Both are members of international bodies : UN, BRICS , G20 & SCO • Russia supports India for the permanent seat on the UNSC • India is the 2nd largest market for the Russian defense industry • Bilateral Trade grew by 30 % in 2012
3
Russia Macro Economic Indicators (2011-12)
S.No
1
Indicator
Statistics
GDP
GDP Growth Rate
$1.850 Trillion (2011) (Nominal 9th)
$ 2.373 Trillion (2011 est. ) (PPP; 6th) 3.50%
2
3
GDP per capita
Inflations (CPI)
$ 13, 236 (2011) (nominal)
$16,687 (2011) (PPP) 6.60%
4
5
Credit Ratings
S& P : BBB+ (Domestic); BBB (Foreign); BBB (T&C Assessment) Moody’ s : BAA1 Fitch : BBB $36 billion, 2.5% of GDP (1 Nov, 2011 )
$519.4 billion (30 September 2011 est.)
6 7
Public Debt
Gross external debt
Source : http://en.wikipedia.org/wiki/Economy_of_Russia
Macro Economic Indicators
8 Exports $520.9 billion (2011 est.)
9
Main export partners (2011)
a) Netherlands : 12.3% b) China : 6.5% c) Italy : 5.6% d) Germany : 4.6%, e) Poland : 4.3%
1) Petroleum & petroleum products 2) Natural gas 3) metals 4) Wood and wood products 5) Chemicals, 6) And a wide variety of civilian and military manufactures
10
Export goods
Macro Economic Indicators
11 Imports (2011 est.) $322.5 billion 1) Machinery, 2)Vehicles, 3)Pharmaceutical products, 4) Plastic , 5)Semi-finished metal products, 6) Meat, 7)Fruits and nuts, 8)Optical and medical instruments, 9) Iron, steel a) China 15.6%, b)Germany 10%, c)Ukraine 6.6%, d) Italy 4.3% 112th ( 2013)
12
Import goods
13 14
Main import partners (2011) Ease of Doing Business
Socio Economic Indicators
• Life expectancy from birth : 70.3 years (2011)
RUSSIA
Agenda
• • • • • • Introduction: India – Russia Relations Macro-Economic Indicators Socio-Economic Indicators Doing Business in Russia Economic Environment Trade and Suggestive Approach
2
Introduction: India - Russia Relations
• Both are members of international bodies : UN, BRICS , G20 & SCO • Russia supports India for the permanent seat on the UNSC • India is the 2nd largest market for the Russian defense industry • Bilateral Trade grew by 30 % in 2012
3
Russia Macro Economic Indicators (2011-12)
S.No
1
Indicator
Statistics
GDP
GDP Growth Rate
$1.850 Trillion (2011) (Nominal 9th)
$ 2.373 Trillion (2011 est. ) (PPP; 6th) 3.50%
2
3
GDP per capita
Inflations (CPI)
$ 13, 236 (2011) (nominal)
$16,687 (2011) (PPP) 6.60%
4
5
Credit Ratings
S& P : BBB+ (Domestic); BBB (Foreign); BBB (T&C Assessment) Moody’ s : BAA1 Fitch : BBB $36 billion, 2.5% of GDP (1 Nov, 2011 )
$519.4 billion (30 September 2011 est.)
6 7
Public Debt
Gross external debt
Source : http://en.wikipedia.org/wiki/Economy_of_Russia
Macro Economic Indicators
8 Exports $520.9 billion (2011 est.)
9
Main export partners (2011)
a) Netherlands : 12.3% b) China : 6.5% c) Italy : 5.6% d) Germany : 4.6%, e) Poland : 4.3%
1) Petroleum & petroleum products 2) Natural gas 3) metals 4) Wood and wood products 5) Chemicals, 6) And a wide variety of civilian and military manufactures
10
Export goods
Macro Economic Indicators
11 Imports (2011 est.) $322.5 billion 1) Machinery, 2)Vehicles, 3)Pharmaceutical products, 4) Plastic , 5)Semi-finished metal products, 6) Meat, 7)Fruits and nuts, 8)Optical and medical instruments, 9) Iron, steel a) China 15.6%, b)Germany 10%, c)Ukraine 6.6%, d) Italy 4.3% 112th ( 2013)
12
Import goods
13 14
Main import partners (2011) Ease of Doing Business
Socio Economic Indicators
• Life expectancy from birth : 70.3 years (2011)
References: • • • • • • http://en.wikipedia.org/wiki/Economy_of_Russia http://www.doingbusiness.org/data/exploreeconomies/russia http://www.fita.org/countries/russiaportal.html www.worldbank.org www.cia.gov/library/publications/the-world-factbook www.tradingeconomics.com/russia/ Thanks