Car imports to Russia fell by 59% in January 2016

Car imports to Russia fell by 59% in January 2016

Autostat – Car imports to Russia fell by 58.8% year-on-year in January 2016, to 11,000 vehicles. According to Russian Federal Customs Service (FTS) data, Russia has spent $185.6 million on car imports during the aforementioned period. Truck imports have fallen by 68.7% in January, to approximately 500 vehicles with a monetary value of $30.7 million.

Russian car exports went down by 28.6% during the first month of 2016, to 1500 vehicles, generating $33.7 million in monetary terms. Truck exports shrank by 60%, to 200 vehicles, generating $8.7 million.