Question

You are to analyze the Economic aspects of each of the following three countries ( Russia, China, Germany). The bullet points are what you are to analyze. Use only 2018/2019 numbers. Address each country individually. This project does not have to be written in paragraph form. I am looking for economic numbers. When in doubt, give the estimate if the data says so. Also state any footnotes that are included with the data.

• Currency
• Exchange rate with the US dollar
• GDP - Gross Domestic Product
• Average inflation rate
• Exports to the United States (in US dollars $)
• Imports from the United States (in US dollars $)
• Average per capita income
• Major exports to the United States
• Major imports from the United States
• Major trade partners

Answer 1

The data may be presented in a tabular format as follows:

Particulars	Russia	China	Germany
Currency	Rouble(RUB)	Chinese Yuan(CNY)	Euro(EUR)
Exchange Rate(with USD)	0.0133315 USD	0.146320 USD	1.18460 USD
GDP(in millions USD)	1,699,876.58	14,342,902.84	3,845,630.03
Average Inflation rate(CPI)	3.37 %	3.67 %	1.01%
Exports to the US(in USD)	$23.19 billion USD	452.2 billion USD	127 billion USD
Imports from the US(in USD)	13.4 billion USD	106.6 billion USD	60 billion USD
Average per capita income	6,533.936 USD	4,461.95 USD	33,631.824 USD
Major Exports and Imports (to and from the US)	Imports from US: Mineral fuels, oils, distillation products,   Iron and steel Fertilizers Inorganic chemicals, precious metal compound, aluminium Exports to US:    Crude oil, gasoline, ethanol and biodiesel.	Imports from US:Aircraft, machinery,Electrical machinery, optical and medical instruments, and vehicles. Exports to US: Electrical machinery Machinery, furniture and bedding, toys and sports equipment, and plastics.	Imports from the US: Machinery, nuclear reactors, boilers   Pharmaceutical products   Optical, photo, technical, medical apparatus   Electrical, electronic equipment Exports to the US: Automobiles,packaged medicaments, vehicle parts.
Major Trade Partners	China, the Netherlands, Germany, Turkey, and Belarus	United States: Hong Kong: Japan: South Korea: Vietnam	United States, France, China, Netherlands and the UK.

Due to the ongoing pandemic, almost all countries have reported a negative economic outlook including the countries in question.

The pandemic has affected countries at large and the countries could also be looking at a contraction in gross domestic product and high inflation rates atleast for the current financial period. This may lead to a decline in personal and disposable incomes, and industrial output.

As per reports, there is also a possibility of consumption and investment levels building up gradually over the next couple of years, however.

*Data has been based on credible sources from statistical databases and reports accessible in the public domain.