Eurasian chemical market

Overview of the chemical industry of the Russia's North-West Federal District

Northwestern Federal District is one of the leading districts of Russia. The share of industry in gross regional product makes up about 22.7%. Annual growth rates in manufacturing industry amount at an average 22.6%, and the district’s share in Russian industry totals 11.7%. The basic sectors are machine- and shipbuilding, fuel and energy industry, chemical sector, forestry and wood processing. The share of chemical industry made up 13% of the total Russian chemical production output in 2008. Thanks to its advantageous location sea transport system is a keystone in foreign trade communication. The share of exports and imports in the district amounts to 11.10% and 18.47% of total Russian exports respectively.

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