Today St. Petersburg is Russia's second-largest city after Moscow, more than five million inhabitants in 2016, and an important Russian port on the Baltic Sea. It is politically incorporated as a federal subject (a federal city)
Saint Petersburg is a major trade gateway, financial and industrial center of Russia specialising in oil and gas trade, shipbuilding yards, aerospace industry, radio and electronics, software and computers; machine building, heavy machinery and transport, including tanks and other military equipment, mining, instrument manufacture, ferrous and nonferrous metallurgy (production of aluminium alloys), chemicals, pharmaceuticals, medical equipment, publishing and printing, food and catering, wholesale and retail, textile and apparel industries, and many other businesses.