Eurasian chemical market

The Russian Far Eastern Federal District: Chemical Industry Outlook

Despite a rich resource potential and advantageous geographical location of the Russian Far Eastern Federal District, an imbalanced inner structure of this region restrains its economic development. In 2008 a share of the district’s chemical industry in the industrial production structure made up 1.5% of total Russian index.
Chemical products are consumed mainly domestically. An export share is only 0.4% compared to an import one – 8.1%.
The chemical sector of the Far Eastern Federal District has great prospects for development, since the local companies produce a wide range of petrochemical, organic and inorganic products, as well as mechanical rubber goods and explosive materials.
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