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Assessing the Prospects for Import Substitution in the Russian Automotive Components Market

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  • D. V. Korneeva

    (Institute for Enterprise and Market Analysis, National Research University Higher School of Economics)

  • A. V. Ovchinnikov

    (Institute for Enterprise and Market Analysis, National Research University Higher School of Economics)

Abstract

— The article is devoted to the issues of import substitution in the production of auto components in Russia under conditions of unprecedented sanctions pressure and significant restrictions on imports. The calculations confirm the presence of import substitution potential in the medium term, in some cases reaching 24–28% of production capacity in 2021. The results obtained indicate the importance of implementing government support measures aimed at localizing the production of spare parts within the country and gradually creating conditions for the effective integration of domestic enterprises into global production and supply chains of auto components.

Suggested Citation

  • D. V. Korneeva & A. V. Ovchinnikov, 2024. "Assessing the Prospects for Import Substitution in the Russian Automotive Components Market," Studies on Russian Economic Development, Springer, vol. 35(6), pages 834-844, December.
    • Handle: RePEc:spr:sorede:v:35:y:2024:i:6:d:10.1134_s1075700724700370
    DOI: 10.1134/S1075700724700370
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    References listed on IDEAS

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