Economy

The main economic potential of the industrial complex is concentrated in Tyumen and the Tyumen district, also in towns of Tobolsk, Ishim, and Yalutorovsk, and the Uvatsk and the Zavodoukovsk districts.

The 2008 production index was 110.8% on average. The positive dynamic has been achieved due to the high growth rates in the processing industries (118.4%)
Amongst the main product types in 2008 the notable growth was demonstrated by the production of beer (4 times), canned meats (+56%), oil and gas processing equipment (+36%), pasta (+26%), diesel fuel (+24%), oil hydroskimming (+22%), full fat dairy products (+19%), confectionery (+13%), oilfield, drilling, and exploration equipment and parts (+12%).

Chemical and petrochemical companies produce butadiene, synthetic resins, plastics, polyethylene pipes, plastic sheeting. The Tyumen Oblast produces almost a third of Russian domestic liquefied gas. In the north of the region there is a well developed complex for the production of motor fuel, there are motor oil miniplants producing lubricants for the local market. A priority of the current stage of the regional economic development is the advanced processing of hydrocarbons.

The largest Russian oil refinery combine is situated in Tobolsk. This combine includes several large production facilities processing oil and gas.

In the industry of construction materials we have the production of precast concrete constructions and parts, parts for the pre-cast large-panel building sector, bricks, wall elements, environmentally sound insulation materials, ceramic roofing and decorative tiles.

Timber and timber processing industries play а key role in the development of the Oblast. There is a broad range of products made here - furniture, chipboard, plywood, prefab timber houses, heat insulation, decorative and other materials, and components made of wood.

Timber processing companies produced 1.78 billon roubles worth of products in 2008.

The light industry produces wool fabrics, yarn, fur items, fishing nets, footwear, and garments. The food industry companies produce a broad range of meat, fish, and dairy products, bread, bakery, and confectionary products, preserves, and other products.

The light industry leader - the Tyumen Textile Corporation Krosno - supplies the market with more than 83% of Russian wool fabrics exported to Europe and America.

Power companies satisfy the electric energy needs of the Oblast entirely.

International economic activities

In 2008 the foreign trade turnover of the Tyumen Oblast exceeded 1.1 billion US dollars which is 40% higher than the figure for 2007.
The exports accounted for $682 million, having increased by 25%. Imports increased by 75% and amounted to $419.7 million.

The following countries took the lead in foreign trade transactions in 2008 - Italy - $185.57 million, Turkey - $124.33 million, Finland - $118.96 million, Kazakhstan - $115.68 million, Poland - $107.07 million, Hungary - $60.95 million, the Netherlands - 56.64 million, Germany - 53.64 million, China - 49.56 million, Ukraine - 46.13 million, Lithuania - 42.22 million.