Which countries produce the most textiles in Russia?
Textile industries are heavily concentrated in European Russia, especially in the Central region, which produces a large share of the country¡¯s clothing and footwear. Cotton textiles are dominant, with the raw cotton supplied mainly by Central Asian countries.
How will Russia affect the world’s oil industry?
Russia is responsible for 13% of the world¡¯s crude petroleum exports, which means anything that requires transportation at any stage of production¡ªalmost everything¡ªwill be impacted. Penfield predicts inflation may hit 11% by the end of the year. Companies like Martin¡¯s Snacks that rely on sunflower oil will be particularly vulnerable.
How is Russia’s conflict impacting the global food supply?
It is the latest fallout to the global food supply from Russia’s war, and another rising cost pinching households and businesses as inflation soars. The conflict has further fuelled already high food and energy costs, hitting the poorest people hardest.
Does Russia have a chemical industry?
Overall, Russia¡¯s chemical industry lags in scale and diversity compared with those of the United States, Canada, China, and the countries of the European Union. Textile industries are heavily concentrated in European Russia, especially in the Central region, which produces a large share of the country¡¯s clothing and footwear.