Arkhangelsk Oblast is one of the industrial regions of Russia. The region has a developed fishery, forestry, woodworking, cellulose, and paper industry. There are large reserves of natural resources: Lumber, oil, bauxite, titanium, gold, manganese, and basalt. In 2011, the paper production and related industries were responsible for 55% of all industrial production of the Oblast, food production – 11%, timber processing (excluding paper production) and furniture production – 12%.
The principal industrial enterprises in Arkhangelsk Oblast are shipyards in Arkhangelsk and Severodvinsk (including Sevmash), pulp and paper mills in Koryazhma and Novodvinsk, and bauxite extraction plant in Severoonezhsk. Almost any town has some timber works.
Dried fish in Solovetsky Islands.
Fishery traditionally was the main means of subsistence in the Pomor villages at the White Sea coast. During the Soviet times, the fishermen were organized into collective farms, and the fishery was heavily subsidized. In 1990s the subsidies were stopped, and the fishery went into a serious crisis, some of the villages were deserted.
In the valleys of the main rivers, there is some cattle breeding and crop and potato growing, which is, however, difficult because of the cold climate. Ustyansky District is notable for bee-keeping. Two notable breeds originate from Arkhangelsk Oblast. The Kholmogory cattle, from Kholmogory and Arkhangelsk countryside, mostly black and white, was particularly stable against cold climate in Northern Russia and eventually spread well beyond the Arkhangelsk Region. The Mezen horses, bred in the Mezen River valley, are rather small but suitable for difficult work and easily survive cold winters