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Showing posts from April, 2018

Russia is the 13th largest export economy

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About Russia Russian economy was the sixth largest in the world by PPP and twelfth largest at market exchange rates and  Russia's economy as the 12th most innovative in the world. Russia is the 13th largest export economy in the world and the 49th most complex economy . In 2015, Russia exported $316B and imported $184B, resulting in a positive trade balance of $132B. In recent year the GDP of Russia was $1.33T and its GDP per capita was $24.5k. Russia is considered an "energy superpower". The World Bank estimates the total value of Russia's natural resources at $75 trillion US dollars. Russia has an abundance of oil, natural gas and precious metals which leads to exports. Russia has the world's largest proven natural gas reserves and the largest exporter of natural gas. It is also the second-largest exporter of petroleum. Read more at:  https://russia.asiatradehub.co

Singapore has a highly developed economy

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About Singapore Singapore has a highly developed market economy. The Singaporean economy is known as one of the freest, most innovative, most competitive, most dynamic and most business-friendly. The 2015 Index of Economic Freedom ranks Singapore as the second freest economy in the world and the Ease of Doing Business. In 2016, Singapore is rated the world's most expensive city for the third consecutive year by the Economist Intelligence Unit.  It is the 14th largest exporter and the 15th largest importer in the world. Its main exports are refined petroleum, integrated circuits and computers. Singapore is a wealthy city state in south-east Asia with a global commerce, finance and transport hub. Singapore ranks 5th on the UN Human Development Index and the 3rd highest GDP per capita. It is ranked highly in education, healthcare, life expectancy, quality of life, personal safety and housing. Singapore has a road system covering 3,356 kilometres , which includes 161 kilometres