As the largest country in the world, Russia covers more than a ninth of the Earth’s land area. It extends across the whole of northern Asia and 40% of Europe, spanning 11 time zones and incorporating a wide range of environments and landforms. Russia has the world’s largest reserves of mineral and energy resources, and is considered an energy superpower. It has the world’s largest forest reserves and its lakes contain approximately one-quarter of the world’s unfrozen fresh water. Russia is also the largest market in Europe with population size of over 140 million. Russia shares borders with the following countries: Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, and North Korea.
• Ease of doing business ranking: 1201 • Economic freedom ranking: 1462
Russia was Singapore’s 27th largest trading partner in 2009 with total trade amounting to S$3.9 billion, up from S$3.7 billion in 20083.
Singapore-Russia bilateral trade (S$ Thousands):
2008
2009
Imports
3,161,020
3,479,435
Exports
632,840
516,421
Total Trade
3,793,860
3,995,856
Source: IE Singapore's StatLink
1 World Bank Doing Business 2010 report 2 2009 Index of Economic Freedom 3 IE Singapore's StatLink
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As the largest country in the world, Russia covers more than a ninth of the Earth’s land area. It extends across the whole of northern Asia and 40% of Europe, spanning 11 time zones and incorporating a wide range of environments and landforms. Russia has the world’s largest reserves of mineral and energy resources, and is considered an energy superpower. It has the world’s largest forest reserves and its lakes contain approximately one-quarter of the world’s unfrozen fresh water. Russia is also the largest market in Europe with population size of over 140 million. Russia shares borders with the following countries: Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, and North Korea. 
