INDUSTRIAL STRUCTURE OF RUSSIA

Text by: Päivi Karhunen
Center for Markets in Transition, HSE
September 2001
Updated by Iana Pietarinen in June 2002 and Simo Leppänen in March 2004

The industrial production of Russia is dominated by heavy industries. The two largest industrial sectors are fuel industry and machine-building and metalworks, which together account for nearly 40% of the total industrial production. The share of consumer industries, such as light industry and food industry, totals less than16%. The industrial structure has been relatively stable for the past few years, although the fuel industry has somewhat increased its share due to the upward trend of oil prices.

The following chart illustrates the structure of Russia's industrial production.

Source: Goskomstat