Russia is looking to crack down on grey imports of replacement parts, which account for around 70% of imports, according to Prime –Tass news agency.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Currently Russia’s market for spare parts for foreign-made cars is estimated at $2.5 billion. Official importers account for around 20% of imports, while component manufacturers’ aftersales networks import around 8%.
In 2005 the Federal Customs Service carried out operations directed against illegal imports of mobile handsets and electronics and household appliances.
