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In May 2024, new passenger cars worth $1.3 billion were brought to the Russian Federation from China, RIA Novosti calculated after reviewing trade data. This turned out to be the maximum result since November last year and exceeded the May 2023 figure by 65 percent. Compared to April 2024, the cost of imported cars increased by 11.7 percent.

In total, at the end of May 2024, China supplied $8.1 billion worth of passenger cars abroad, 16.4 percent of this amount was from cars imported to Russia.

Brazil was in second place in terms of value of cars exported from China in May with 11.7 percent of the total, and Belgium was in third place with 9.4 percent. The UK and Mexico came in fourth and fifth with 6.5 and 5.3 percent respectively.

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As for the number of exported cars, the PRC sent 568 thousand units abroad in a month. This is a 29 percent increase over the same month in 2023. 103.8 thousand Chinese cars were sent to Russia. In second place is Brazil with 53.2 thousand, in third place is Mexico with 42.2.

We are waiting in Russia: Chinese news

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