Despite imposing various sanctions on Russia, Japan continues to export a large number of used automobiles to the country. According to export figures, the number of used cars exported to Russia has tripled since May 2022, with approximately 40,000 more cars on the way.
According to the Asahi Shimbun, the Vladivostok Port in Russia’s Far East was packed with new and used cars transported from Japan and South Korea in late June.
Many are SUVs, minivans, or large luxury models. According to the report, Russian companies said they were inundated with orders from all over the country and were frequently forced to stop taking orders due to inability to meet demand.
According to Viktor Lutsyk, 32, the cargo department head of a facility management company at the port, there is a shortage of parking spaces due to an increase in cars imported from Japan and other countries.
According to a logistics company official, two cargo ships transport 2,000 used cars from Japan each month. Due to limited freight services and a crowded port, the company was unable to increase its transport capacity.
Dmitriy Zabora, CEO of used car importer Carwin Plc, said the Vladivostok-based company had to temporarily halt accepting orders because prospects remained uncertain due to the situation in Ukraine.
Carwin, on the other hand, was inundated with orders shortly after resuming imports in April. He stated that they received about 300 orders in June, a more than threefold increase from before the conflict began.
To read our blog on “Suzuki’s Hungarian plant has stopped exporting cars to Russia and Ukraine,” click here