Parallel imports of cars may rise in price due to restrictions on imports from Belarus, Kazakhstan and Armenia – March 16, 2023

The founder of CoolCargo, Ararat Mardoyan, published a post on social networks in which he described the growing difficulties with the parallel import of cars. We contacted him with a request to clarify what exactly they are.

“It’s just that allied and friendly countries stop working openly or easily with the Russian Federation,” he replied.

According to the specialist, Kazakhstan has stopped selling cars to legal entities from the Russian Federation, Belarus and Uzbekistan restrict transit through their territories, and the Emirates have complicated currency transactions from the Russian Federation. Hundreds of cars for Russia stuck in Turkish ports. According to Ararat Mardoyan, under current trends, parallel imports have 6-7 months left to live, as partner countries are under pressure to tighten the conditions for the transportation of sanctioned products. At a minimum, this will lead to an increase in the cost of cars, he notes.

We called the companies involved in parallel imports, but their representatives were surprised at such a formulation of the issue and said that in their case, imports are carried out according to an already established scheme and without any difficulties.

However, an indirect confirmation of the difficulties with parallel imports is Turkey’s decision from March 1 do not miss sanctioned goods for Russia. How many cars fell under these restrictions is unknown. A number of experts attribute the decision to purely political reasons, in particular, Turkey’s desire to have trump cards in negotiations with Russia (including the grain deal). Turkey is an important transit hub for spare parts.

Earlier it became known that the Volkswagen Group banned Chinese factories from shipping cars to Russiaalthough the influx of such machines continues.

Leave a Replay