Russia
The annual value of Alaska’s exports to Russia has varied greatly in the past 10 years from $2 million to $20 million. In 2006, exports totaled $11 million, up 27 percent from 2005.
Alaska’s oilfield service and support companies continue to find opportunity to provide technical expertise to the efforts to develop natural resources in the Russian Far East (RFE).
Alaska’s ties to Russia are historically strong. In the past decade the interest of Russian officials in Alaska’s economic development models has emerged. There has been particular interest by Russian representatives in understanding the experiences of Alaska as a result of the Alaska Native Claims Settlement Act and the establishment of Alaska Native corporations.