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South Korean cars are conquering the Russian market.

Russia has risen to 12th place in global purchases of Korean cars.

From January to August of this year, Russia significantly increased its imports of cars from South Korea. Total shipments reached a four-year high of $619 million.

South Korean cars are conquering the Russian market.
Фото: Maxim Bogodvid, source: ria.ru

Over the first eight months of the year, Russian companies imported approximately $619 million worth of South Korean passenger cars, 50% more than in the same period last year. This is the highest figure since 2021.

Cars with gasoline engines between 1.5 and 3 liters were the most popular among Russian buyers, accounting for almost $450 million. Diesel cars with engines between 1.5 and 2.5 liters also performed well, accounting for approximately $127 million. Demand for compact gasoline cars with engines up to 1.5 liters was less noticeable, accounting for approximately $40 million, RIA Novosti reports, citing South Korean customs data.

Russia ranks 12th in the world in terms of Korean car purchases. The largest buyers this year were the United States ($20.3 billion), Canada ($3.7 billion), Australia ($1.9 billion), Kyrgyzstan ($1.8 billion) and the United Kingdom ($1.7 billion).

Author: Наталья Чудесатова

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