Northwest Russia, or the Russian North is the northern part of western Russia. It is bounded by Norway, Finland, the Arctic Ocean, the Ural Mountains and the east-flowing part of the Volga. The area is roughly coterminous with the Northwestern Federal District, which it is administered as part of. Historically, it was the area of the Novgorod and Pskov merchant republics.
Although the Northwest was never a political unit there is some reason for treating it as a distinct region. The Volga marks the approximate northern limit of moderately dense settlement. The area to the north was valued mainly as a source of fur. The western side was the main source of squirrel, for which there was a large demand during the Middle Ages. Luxury fur, especially sable, came mostly from the northeast.