Articles

In Response To Sanctions, Russia Has Banned The Export Of Automobiles And Auto Parts

by Exim Trade Data Global Import Export Trade Data

Russia has planned to impose a ban on the export of vehicles and auto components, as well as 200 other items, in reaction to sanctions placed on it due to the ongoing conflicts of its invasion of Ukraine.

Not only in Russia, but throughout the world, the conflict continues to have an influence on the car sector.

The decision will exacerbate the continuing semiconductor issue that automakers will confront in the coming days. Here's a look at what Russia will be exporting in terms of vehicles and auto components in 2021.

Russia exports automobiles and automobile parts.

In 2021, Russia exported automobiles worth $1,395 million and auto parts worth $761 million, according to our database. In comparison to the previous year, both of these figures have increased. Here's a look at the patterns in Russian automobile and Auto Parts Exports over the last ten years.

Top Car Export Partners in Russia

Kazakhstan (40.5 percent), Belarus (31.5 percent), Uzbekistan (4.5 percent), Azerbaijan (4.1 percent), Germany (3.6 percent), Armenia (2.6 percent), Ukraine (1.6 percent), United Arab Emirates (1.5 percent), Tajikistan (1.3 percent), and Kyrgyzstan (1.3 percent) were Russia's top 10 car export partners in 2021. (1.2 percent ).

 

Country

Value in USD ($)

Year

 Belarus

$439 Million

2021

Ukraine

$22 Million

2021

Kyrgyzstan

$16 Million

2021

Tajikistan

$17 Million

2021

Uzbekistan

$63 Million

2021

United Arab Emirates

$20 Million

2021

Armenia

$36 Million

2021

Germany

$49 Million

2021

Azerbaijan

$56 Million

2021

Kazakhstan

$565 Million

2021

 

 

Top Auto Parts Export Partners in Russia

Kazakhstan (35.8 percent), Belarus (27.4 percent), Ukraine (8.1 percent), Germany (3.5 percent), Azerbaijan (2.5 percent), Uzbekistan (2.3 percent), Armenia (2 percent), Romania (2 percent), France (1.8 percent), and the United States (1.8 percent) were Russia's top 10 auto parts export partners in 2021. (1.5 percent ).

 

Country

Value in USD ($)

Year

United States

$11 Million

2021

Romania

$14 Million

2021

Kazakhstan

$272 Million

2021

Germany

$26 Million

2021

 Armenia

$15 Million

2021

France

$13 Million

2021

Uzbekistan

$17 Million

2021

Ukraine

$62 Million

2021

Belarus

$208 Million

2021

Azerbaijan

$19 Million

2021

 

Honda, Toyota, Jaguar Land Rover, Mercedes-Benz, Ford, and BMW have not only halted operations in the nation but have also exported their automobiles there. Hyundai, one of Russia's leading foreign carmakers, has declared that it plans to resume manufacturing following a supply chain interruption, but it will be tough to do so if Russia's ban on vehicle exports remains in place. Renault is also feeling the effects of the current conflict between Russia and Ukraine.

 

The prohibition on automobile and auto parts exports in Russia will stay in place until the end of the year. Vehicles, telecommunications, medical, agricultural, electrical, and lumber are among the products that have been removed from Russia's export list. Get the most up-to-date information on crucial trade developments in the midst of the Russia-Ukraine conflict.

 

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You may also be interested in the import-export trade data of some other top global countries:


India import data                                                     India export data

Vietnam import data                                           Vietnam export data

Indonesia import data                                        Indonesia export data

Turkey import data                                             Turkey export data

Bangladesh import data                                    Bangladesh export data

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Created on Apr 5th 2022 00:21. Viewed 317 times.

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