Russian imports by country in 2016
- Seriously hit by a difficult economic context, the Russian economy is beginning to show signs of recovery.
Russia's GDP of the second quarter of 2016 declined by 0.6% compared to the second quarter of 2015, while GDP of the second quarter of 2015 fell by 4.5% compared with the second quarter of 2014.
Russia's GDP of the second quarter of 2016 declined by 0.6% compared to the second quarter of 2015, while GDP of the second quarter of 2015 fell by 4.5% compared with the second quarter of 2014.
- In this context, the Russian car market is slowing its descent (-15% on 8-month 2016 aggregates versus -33% on 8-month 2015 aggregate), but this is still far from the long-expected stabilization (which has been announced for 2017).
- Imports continue to decline, dropping 21% year-on-year in 2016, while sales of cars produced in Russia fell by 14% over this period. The market share of imports in Russia thus represents only 22% in 2016, compared with 23% in 2015, 29% in 2014, 32% in 2013 and 34% in 2012.
- By country, only imports from Japan increased significantly (+10,000 units over the 8-month period 2016 compared to the 8-month period 2015). Japan is thus further distancing its competitors, taking 45% of imports in Russia in 2016, compared to 31% in 2015. Following Western economic sanctions, the boycott of imports mainly affects only the imports
from Europe (- 23,000 sales over the eight-month period 2016), Korea (-9,000 sales) and North America (-8,000 sales).
from Europe (- 23,000 sales over the eight-month period 2016), Korea (-9,000 sales) and North America (-8,000 sales).
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