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Three exhibitions, synergy effect - Interauto 2024, the Russian International Exhibition of Complete Vehicles, Used Cars and Spare Parts, will bring more market opportunities

06-21

01

China's car exports jump to first place globally

According to statistics, China's car exports (4.91 million units) for the first time surpassed Japan in 2023, becoming the world's largest car exporter. In the first quarter of 2024, China's car export momentum continues to grow.

02

Russia becomes China's top car export destination

Currently, Chinese cars occupy nearly 60% of the Russian market share, and according to Russian Autostat forecasts, this will reach 80% by the end of 2024!

At the same time, China is also Russia's largest tire supplier. By the end of 2022, China accounted for 51.6% of all tire imports to Russia. By 2027, Russia's tire imports will increase to 36 million units. According to statistics from the General Administration of Customs, since the Russia-Ukraine conflict, China's exports of all-steel tires to Russia have significantly increased, with 532,000 tons of tires exported from China to Russia in 2023, a year-on-year increase of 39%.

03

Russia's used car market sees good opportunities

After the Russia-Ukraine conflict, Russia's used car sales rapidly increased, with imports around 200,000 units in 2023, and are expected to hit a new high in 2024. At the same time, the Russian market also has cars from other countries that entered through "parallel imports", and the Russian government has confirmed that the "simplified certification procedure for parallel imported cars" will be extended until 2027.

04

Broad prospects for new energy vehicles in Russia

Currently, electric vehicles in Russia are in their infancy, accounting for only 0.07% of the total registered vehicles. As of the end of 2023, the total number of registered electric vehicles in Russia reached 24,000 units. With active government planning, improved infrastructure, and subsidies, demand is showing a significant growth trend. Experts predict it will reach 40,000 units in 2024, indicating broad market prospects. According to Autostat data, Zeekr is currently the most popular brand in Russia. Chinese new energy vehicles are receiving significant attention and importance in the Russian market, and now is an excellent time to enter the Russian market!

05

Top 10 Most Popular Car Brands in the Russian Market

According to the latest statistics, a total of 146,526 new cars were registered in the Russian market in March 2024. This is not only 2.1 times that of last March but also the largest monthly result since May 2021.

With the deepening deployment of Chinese automakers, sales will further increase. It is predicted that Russian car sales will grow by 18% in 2024, reaching 1.25 million units. In a more optimistic scenario, sales could grow by 32%, reaching 1.4 million units. New car sales in 2023 were 1.0587 million units, indicating a huge consumption gap waiting to be filled.

Interauto - Helping Chinese automakers enter the Russian market

   01

   Exhibition Highlights - Three Exhibitions Linkage, Enhanced Effectiveness

  • Interauto Russian International Automotive and Accessories Exhibition - is one of Russia's most professional automotive accessories exhibitions. Officially supported by the Moscow Government, the Association of Russian Automakers (OAR), and the National Association of Automotive Parts Manufacturers (NAPAK). In 2033, the exhibition attracted nearly 20,000 professional visitors from 44 countries and regions, including China, India, Germany, and the United States.

    Auto Complex Russian International Fueling Equipment and Services Exhibition - the only professional exhibition in Russia and CIS countries for fueling (oil, electricity, gas) equipment. It has been successfully held for 28 editions with the support of the Russian government's official agencies, the Union of Gas Engine Industry Enterprises (SPOG) and the Russian Fuel Union (RTS).

    MIAS Moscow International Automobile Salon It is one of the five major international motor shows recognized by the International Organization of Motor Vehicle Manufacturers (OICA), held biennially. After the pandemic, both in 2023 and 2024, it was presented as the "Complete Vehicle Zone" of Interauto. This exhibition has become an important grand event for the Russian automotive industry, on par with the Geneva, Paris, and Frankfurt motor shows.

    In 2024, Interauto, Autocomplex, and Interauto "Complete Vehicle Zone" will merge into the Interauto Russian International Automotive and Spare Parts Expo, bringing high-quality and promising economic and trade cooperation to the Chinese and Russian automotive industries!

    02

    Exhibition Scope

    Auto Parts Zone

    Engine systems, braking systems, body/chassis systems, air conditioning systems, standard parts, wear parts, and other components

    Complete Vehicles Zone

    Passenger cars, commercial vehicles, other vehicles

    Supplies and Modified Vehicles Zone

    Custom modification, interior/exterior modification, communication entertainment, automotive information technology, special vehicle assembly and modification, other modification-related goods, etc.

    Comprehensive Automotive Services Zone

    Car washing, car maintenance, gas station equipment, etc.

    New Energy Zone

    New energy vehicle technology, power batteries, drive motors, electronic control systems, charging piles, etc.

    Tires and Wheels

    Tires, wheels/rims, tire repair and handling, used tires, tire management systems, tire sales and storage equipment, tire and wheel accessories and warehousing

    03

    Professional On-site Activities

    This Interauto exhibition will host more than 10 concurrent events and forums on-site at Crocus Expo Hall 2, Halls 7 & 8, including: A series of practical activities such as forums on foreign exchange settlement, customs clearance, logistics, overseas warehousing, and a business tour of auto parts cities (free) providing an excellent platform for Chinese enterprises to exchange and showcase, gaining insights into cutting-edge technologies and staying abreast of hot trends for expanding into the Russian market!

    Let's go to Moscow in August!

    Shandong Zhenghe International Exhibition Co., Ltd.

    Ma Ning: 0531-82975913 15665779161

    Yang Lei: 0531-82770527 15665771353

    Zheng Xiao: 0531-82726908 18854113262

    Wei Rui: 0531-86085400 15153143036

    Contact us to join the domestic tire and auto parts industry exchange group, and get the latest market information!

     

     

    Know yourself and your enemy - What are the taboos for Russians!

    1. Russians like sunflowers. In Russia, sunflowers symbolize light and are known as "sunflowers." Sunflowers can be given as gifts when visiting friends.

    3. Russians avoid the color yellow. Russians consider yellow an unlucky color. Yellow gifts are generally avoided, as are solid yellow clothes.

    3. Russians strongly avoid giving candles as gifts. In Russian custom, candles are considered ominous, associated with death. Giving one is considered a curse, wishing ill upon the recipient.

    4. Russians emphasize "women first." In public, men are very respectful of women, opening doors for them and allowing them to enter first. Disrespecting women in public often has negative consequences.

    5. Regarding Russian superstitions about the numbers "13" and "5". Russians also avoid getting married in May, believing that May weddings are not blessed and will be filled with difficulties.

    6. Russians avoid looking in mirrors while eating. They believe looking in a mirror while eating will bring misfortune. It's also considered disrespectful. Wearing a hat is also frowned upon, as it suggests you're ready to leave and not respectful of the other guests.

     

 

 

 

 

 

 

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General Administration of Customs: China's total import and export value of goods trade reached 21.17 trillion yuan in the first half of the year, a year-on-year increase of 6.1%

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From January 3rd to 6th, 2025, representatives of Zhenghe Exhibition's overseas staff successively visited the secretariat of the Nigerian Automotive Technicians Association (NATA), the Amalgamated Union of Automobile Motor Mechanics and Technicians of Nigeria (AUOMMATON), and the Motor Mechanics and Technicians Association of Nigeria (MOMTAN). This visit primarily focused on in-depth discussions and exchanges regarding cooperation for the 2025 Nigeria (Lagos) China Commodities Fair. During the meetings, representatives of Zhenghe Exhibition's overseas staff introduced the basic situation of the Nigeria (Lagos) China Commodities Fair to the heads of the business associations. The heads of the various business associations acknowledged the significant achievements made by the exhibition in recent years. During the discussions, the three industry association leaders provided detailed information about their respective associations. As leaders and promoters of associations related to the automotive industry in Nigeria, these three associations have a wide influence in Nigeria and even West Africa. Against the backdrop of continuously deepening and upgrading China-Africa cooperation, they expressed high expectations for actively promoting trade cooperation between Nigeria and China in the automotive industry. The heads of the associations also stated their willingness to work with Zhenghe International Exhibition to jointly promote the continuous development of the Nigeria (Lagos) China Commodities Fair, uniformly organize member units to participate in the exhibition, and conduct one-on-one matchmaking discussions with Chinese exhibitors. As Africa's second-largest economy and most populous country, Nigeria has a huge demand for automotive and auto parts products, largely relying on imports. In Nigeria, over 90% of Nigerians tend to choose 'tokunbo' (used cars), which makes the 'tokunbo' distribution business very profitable in Nigeria. With the Nigerian government relaxing age restrictions on imported used cars, the volume of used car imports will further increase. Consequently, the auto parts market, both upstream and downstream of Nigeria's used car industry chain, will also see more opportunities. After years of operation by Chinese automakers, Chinese cars have established considerable 'prestige' in Nigeria. At the same time, the scarcity of local car repair outlets and the high cost of spare parts in Nigeria also indicate immense potential for Chinese auto parts exports to the Nigerian market.

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Nigeria is an important trade partner and investment destination for China in Africa, and also China's largest contracted project market in Africa. In 2023, the new contract value for Chinese enterprises' contracted engineering business in Nigeria reached 10.45 billion USD, with a turnover of 3.98 billion USD. On September 3, 2024, China and Nigeria issued a joint statement announcing the establishment of a comprehensive strategic partnership, promoting the building of a high-level China-Nigeria community with a shared future, and explicitly strengthening cooperation in areas such as infrastructure construction. Chinese Products are Hot-selling in the Nigerian Market under the Framework of China-Africa Cooperation According to data from the General Administration of Customs, from January to July 2024, China's imports and exports with Africa totaled 1.19 trillion CNY, a year-on-year increase of 5.5%. In 2023, China-Africa trade reached a historical peak of 282.1 billion USD, a year-on-year increase of 1.5%, demonstrating the strong resilience of China-Africa trade. Among them, trade between Nigeria and China is booming. In 2023, the total trade volume between China and Nigeria soared to an astonishing 281.777 billion USD, with China's exports to Nigeria reaching 172.469 billion USD, highlighting the immense appeal of Chinese products in the Nigerian market. The main hot-selling products fall into the following major categories: 1. Electromechanical Products and Agricultural Machinery Products From efficient power generation equipment to reliable electrical products, China's electromechanical products have continuously met Nigeria's growing needs and directly promoted the rapid development of its infrastructure construction. In addition, hardware tools, power tools, construction machinery, and other electromechanical products are also very popular. 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