Tips for Finding Timbered Acreage

Russia used to be known for having a very unstable economy, especially because of the great depression that hit the country in 1998. This depression was actually twice as bad as the one experienced by the western countries. Despite this setback, Russia has developed significantly in the past few years. This is mainly attributed to the increased political stability in Russia and the increased prices of oil and other fuels.

Russia is a country that is rich in natural resources. It has the largest natural gas reserves in the world, the second largest coal reserves and also the eighth largest oil reserves. It is a major exporter of all of these resources. It is the leading exporter of natural gas and the second largest exporter of oil in the world. In fact, 80% of its exports are made up of oil, natural gas, timber and metals. Even though it might seem like the exports contribute heavily towards the national income, they actually contribute less 5% to the national GDP.

This has happened due to high internal consumption and an intelligent tax scheme. Russia has a 13% flat income tax levied on all its citizens. This makes it the second most lucrative place in the world for personal tax system after the United Arab Emirates where there is no income tax. This tax scheme has made people happier and it has also dramatically increased the revenue of the government.

Thus, Russia is a great market for setting up your import business in. The government has become far more liberal compared to the past and now it does allow for specific items to be imported in to the country. As an importer you will benefit from the increased spending power that the population has due to the sustained growth of the country.

Russia has more higher education graduates than all other European countries. This makes the average population a highly educated one. Hence, you can expect to find a good market for sophisticated imported goods. You can easily import apparel, electronics and computers in to the country. There's also a demand for luxury goods that can generate a lot of profit for the importer.

The countries key industries also need imported equipment to enable them to make the best possible for product for import. Hence you can easily tap in to the mining sector, the energy sector and the oil sector. These are highly lucrative areas where you can make a lot of profits if you can get through to the right people.

Exporting goods from Russia can bring you a good amount of business. If you are already working in one of the key sectors, you can easily setup connections with Russian oil and natural gas sectors. Since Russia is already know in the global market for these exports, you will not have to introduce the country. You can benefit greatly by manipulating supply solely to your self and then selling it off to the highest bidder.

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