Exports of second-hand Japanese cars to Russia will decrease to a record level in 2024

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In 2024, second-hand car exports from Japan to Russia will decrease by 30 percent. This assumption was made by Kuniya Asamoto, an employee of the Europe, Russia and CIS department of the Japan External Trade Promotion Organization (JETRO). speech From TASS.

“The impact of the imposed sanctions will continue, and the number of Japanese cars delivered to Russia in 2024 is expected to decrease by approximately 30% compared to last year,” the expert said.

According to him, the volume of automobile supplies from Japan to Russia in August 2023 fell by 42.5%, in September by 51.8% and in October by 46.8%. At the same time, the impact of the sanctions imposed on Russia in 2024 will continue.

Let us recall that on August 9, 2023, in Japan, a ban on the export of cars and hybrid cars with an engine capacity of more than 1.9 liters to Russia came into force. The restrictive decision was taken on July 28 as part of the next package of anti-Russian sanctions. The restrictions include restrictions on both new and used cars, as well as truck tires, car seats, car locks, etc. It contained. At the same time, the supply of new cars from Japan to Russia in 2022 has also been stopped.

Dealers to waitAfter the import ban on cars from Japan in Russia, their prices will continue to increase. At the same time, Japanese cars banned on the Russian market will be occupied by Chinese brands.

Previously reportedIt was stated that the Avtotor factory plans to start cooperation with new automobile brands in 2024.

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