The Siberian fur trade is an exchange concerned with the gathering, buying, and selling of valuable animal furs that originate from Siberia. The Siberian fur trade expanded from localized trade and Siberian fur is now traded around the world. The Siberian fur trade had a significant impact on the development of Siberia through exploration and colonization. The fur trade also precipitated a decline in the number of fur-bearing animals and resulted in Siberia being conquered by Russia.