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March 16, 2016

The export of Russian-made cars to be doubled by 2025

Russia will increase the share of exports in the auto industry to 25%, said the Deputy Minister of Industry and Trade, Alexander Morozov during the Russian Automotive Forum. According to him, this will lead to the export volume rising to twice what it is now.

According to the Ministry of Industry and Trade, the new priority markets for Russian car sales in 2016 will be Algeria, Iran and Egypt.

European countries were also brought up. Russian vehicles will also be sold in Vietnam, India, Mexico and Ethiopia. However, the supply to these nations will definitely be smaller-scale. In a nutshell, 2 500 automobiles will be exported to Vietnam; Ethiopia will be seeing only 400 cars, while Algeria will be supplied with no less than 22 000 Russian-made vehicles.

The main exporters will be the following concerns: AutoVAZ, KAMAZ, UAZ, GAZ. Volksvagen previously revealed its intentions of organizing the export of automobiles made in Russia.

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