Although Mao Xiong and Yingjiang are parallel superpowers, the Soviet Union’s economy is really good at military industry and poor at civilian labor. In order to make up for the gap.

Since the 1970s, Mao Xiong has strengthened economic and trade cooperation with Western European countries and introduced a large amount of advanced technology and equipment. The introduction of advanced technology and equipment requires a large amount of foreign exchange, which requires Mao Xiong to expand export trade to earn foreign exchange.

It is different from the mainland.

The mainland has abundant human resources and light industry, and can earn foreign exchange through contract processing and working for European and American countries.

Not so with furry bears.

Not only is its light industry more expensive than in Europe, it is also in short supply, so there is no way to export anything.

Heavy industry and military industry can be used, but they cannot be sold, only oil and resources can be sold.

In 1970, the total export volume of fur bears was 11.5 billion rubles, which rose to 42.4 billion rubles in 1979, of which exports to Western countries increased from 2.15 billion rubles in 1970 to 12.5 billion rubles in 1979.

If you look at the total import and export volume of the bear, except for a few years, it is in surplus every year. However, if you calculate the trade between the bear and Western countries, you will find that it is almost always in deficit, every year.

Throughout the 1970s, the cumulative deficit reached 13 billion rubles.

What’s even more egregious is that fuel and raw materials are the mainstay of the Mao Xiong trade with Western countries. Fuel and raw materials account for nearly 80% of total exports.

How much of it is oil?

Data from 1977 show that 53% of the total exports of the bear to the West in that year was created by selling oil, and 40% of the hard currency income of the bear was created by selling oil.

What does it mean?

Hard currency is gold, silver and international currencies popular in the world, such as US dollars, pounds, and Swiss francs. Of course, this hard currency income does not necessarily come from the West, and a small part of it comes from Economic Cooperation countries and developing countries.

Come gold and silver.

In absolute terms, Mao Xiong’s oil exports are also highly dependent on Western markets.

In 1979, Mao Xiong exported 164 million tons of oil annually, of which nearly 70 million tons were sold to Western European countries alone.

In the 1970s, natural gas was not as important in the world's energy structure as it was later, but it had begun to develop rapidly.

Mao Xiong vigorously expanded natural gas exports to Western Europe, and by 1979 accounted for nearly 10% of Western European countries' natural gas consumption.

It can be said!

The things that Mao Xiong can export, except oil and natural gas, that is, timber and mineral resources, are completely unavailable.

It was okay for our former Eastern European friends. They couldn't buy advanced things from the West, they could only buy them from Mao Xiong.

As for rabbits, she can import them from Western countries, so how can she buy something so backward as a furry bear?

Mikhail was speechless just because he wanted to understand this.

like!

Apart from military industry, Mao Xiong has nothing else he can do with.

"Besides this, is there no other way?" Mikhail said to himself.

"Minister Mikhail, you are a senior, an old Bolshevik. I respect you. As long as I can get rid of anything, I can take it. I can use Mao Xiong's unique economic system to concentrate all good things on military products.

Up.

I also want to help you, but I can't lose money and make a profit. Don't forget, although we are opponents, we are also comrades-in-arms. You are our big brothers.

Our military-industrial base was built with your help.

Now, you have fallen.

The West does not want that huge military-industrial system, because they have something more suitable for them.

Only we need it.

certainly!

I know that you are wary of us and don't want a powerful neighbor to appear on your border.

But the reality is!
Chapter completed!