Before the Ukraine war, the biggest car exporters to Russia were primarily from countries known for their strong automotive industries. Germany, Japan, and the United States were the leading car exporters to Russia. Germany was particularly dominant, reflecting its robust auto manufacturing sector and the high demand for German vehicles in Russia. Following Germany, Japanese and American car manufacturers also had significant shares in the Russian market, exporting a substantial volume of vehicles each year.
The outbreak of the Ukraine war and subsequent sanctions dramatically reshaped Russia's automotive import market. In this video, we explore how these sanctions have transformed the market dynamics, elevating China to the status of the world’s top car exporter.
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.
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