The Republic of Karelia is located in the northwest of Russia and is part of the Northwest Federal District of the Russian Federation.
More than half of the territory of Karelia is covered with forest. The main species are spruce and pine.
Mineral resource base
- Iron ore
- Noble metals
- Building materials (granites, diabases, marbles)
- Ceramic raw materials (pegmatites, spar)
- Apatite-carbonate ores
- Alkaline amphibolasbestos
A large number of lingonberries, cranberries, blueberries, cloudberries and other berries are collected in Karelia every year.
Karelia has significant aquatic biological resources. Commercial fishing is carried out in the White Sea and large lakes.
Main species: salmon, salmon, trout, navaga, herring, cod, flounder; the biological resources of the White Sea - mussels are actively being developed.
The Republic of Karelia is one of the most favorable constituent entities of the Russian Federation for the industrial cultivation of commercial trout.
The White Sea-Baltic Canal, which connects the White Sea with Lake Onega and has access to the Baltic Sea and the Volga-Baltic waterway.
Fuel and energy complex
The economy of the Republic of Karelia is based on the processing of local types of natural resources, the use of tourist and recreational potential and a favorable economic and geographical border position. These factors determine the specialization and regional characteristics of the economy.
The share of Karelian companies in the all-Russian production: