Kamchatka Krai is located in the north-east of the country on the Kamchatka Peninsula, the Karaginsky and Commander Islands. In the north and northwest, the region is bordered by the Chukotka Autonomous Okrug and the Magadan Region, in the south — by the Kuril Islands, in the east Kamchatka is washed by the waters of the Pacific Ocean, in the northeast-by the Bering Sea, and in the west — by the Sea of Okhotsk.

Natural resource potential of the region: deposits of ore and placer gold, platinum, silver, ferrous metals, nickel, copper, tin, lead, zinc and mercury. All types of underground water have been explored and are involved in industrial development, except for industrial (extraction of useful components): heat and power (including natural steam and steam-water mixture); fresh (drinking and technical); thermal and cold mineral.

(The bulk of cargo is delivered)Delivery of the bulk of cargo to the territory of the region is carried out through the seaport of Vladivostok. The largest commercial sea port is located in Petropavlovsk-Kamchatsky and provides processing of coastal cargo with year-round navigation of ships. The region has the Petropavlovsk-Kamchatsky sea fishing port, the Ust-Kamchatsky Sea Trade Port and small port points on the coast of the peninsula. The main international sea routes are: the Republic of Korea, Japan, China, the United States, and Canada.

The air transport system is a federal airport of Petropavlovsk-Kamchatsky and a network of airports of local air lines. Regular flights connect Petropavlovsk-Kamchatsky with Moscow, Khabarovsk, Vladivostok, Krasnoyarsk, Novosibirsk, St. Petersburg and Krasnodar. Five international air routes pass over the peninsula, connecting North America with Southeast Asia by the shortest route.

The dominant economic activities of the region are:

— fishing;
— wholesale and retail trade;
— production and distribution of electricity, gas and water;
— manufacturing industries;
— transport and communications.