Prospects for the Development of Parallel Imports in Russia under the Conditions of Sanction Pressure, on the Example of the Automotive Industry

Abstract

This article deals with the phenomenon of parallel imports, which has become increasingly relevant due to the sanctions imposed by Western countries on the Russian Federation after February 24, 2022. The consequences of these sanctions include restrictions on the supply of various goods to the country and challenges for domestic enterprises in accessing foreign components, particularly in automobile manufacturing. The authors discuss the growing influence of parallel imports on the domestic market.The paper employs a methodological approach based on economic adaptation theory to investigate the impact of legalizing parallel imports on the Russian automotive market. The authors analyze the way this legalization affects the market situation, and its role in addressing the challenges faced by Russian automakers.The research findings demonstrate significant qualitative and quantitative transformations in Russian automotive market. The authors conclude that legalizing parallel imports has not only helped resolve short-term issues related to product availability, but has also opened new opportunities for domestic producers.The practical implications of this research involve providing recommendations to government bodies and the business community to optimize parallel import processes, which could enhance the situation in the automotive market and meet the needs of Russian consumers.