Chinese Car Imports to Russia Nearly Tripled in 2023

Hot Widget

Digital Media Time News

Type Here to Get Search Results !

Facebook

Chinese Car Imports to Russia Nearly Tripled in 2023


Chinese Car Imports to Russia Nearly Tripled in 2023

Imports of Chinese cars to Russia between January and May almost tripled compared to the same period in 2022, while imports of construction vehicles grew almost eight times, the acting head of Russia's Federal Customs Service, Ruslan Davydov, told Sputnik.

"Imports of Chinese passenger cars almost tripled very significant growth in special vehicles and trucks. Through Zabaikalsk, in five months, our imports of construction vehicles increased by almost eight times in annual terms," he said on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

Davydov noted that the growth became possible thanks to the withdrawal of European manufacturers from the Russian market.

Chinese Ambassador to Moscow Zhang Hanhui said in an interview with a Russian newspaper in April that in 2022, China exported 162,000 cars to Russia, which is 33.4% more than in 2021, and their share in the Russian market grew from 7% to 19.2%.

Top Post Ad

Below Post Ad

Hollywood Movies

Below Post Ad