Exports of China’s passenger cars to Russia increased by 30.5 percent in monetary terms, reaching 15.2 billion dollars in 2024. reports Interfax.
“In December, the volume of automobile exports from China to the Russian Federation decreased by 3.7% compared to November, reaching 1.38 billion dollars, and continued to decline for the third consecutive month after the increase to 1.6-1.8 billion dollars in August-September .” Manages the agency’s own calculations based on customs statistics of the PRC.
Before the announced increase in the recycling fee for cars from October 1, an increase in car deliveries from China to Russia was observed in August and September 2024. Already in the first half of the year, passenger cars worth $6.21 billion were imported from China to Russia.
At the same time, the volume of truck supply from China decreased by 12.4% in monetary terms to 2.7 billion dollars in 2024.
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Source: Gazeta
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.