Matyukhin A.A. LOGISTICS OF PARALLEL IMPORT UNDER ECONOMIC SANCTIONS

The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 6/2023. Publications of young authors.

Alexey A. Matyukhin

postgraduate student at the Institute of Economics, Management and Finance, Russian New University; state customs inspector at the Customs Value Control Department of the Central Excise Customs, Moscow, Russia

ORCID: 0000-0002-1986-3864

LOGISTICS OF PARALLEL IMPORT UNDER ECONOMIC SANCTIONS

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Abstract

The article is devoted to analyzing the logistics of parallel imports, which has become one of the most relevant and popular ways of Russia's foreign trade activity in the current geopolitical situation, after the introduction of economic sanctions by Western countries in the spring of 2022. In the article, the author considers 4 types of schemes that allow participants in foreign economic activity to reduce logistics costs, and also analyzes the trade turnover and relations of the Russian Federation with the countries through which parallel imports are carried out, such as Turkey, China and India, as well as possible prospects for cooperation with them in the future. The author analyzes the mechanism of parallel imports in the automotive sector, thanks to which little-known Chinese brands began to appear on the Russian market. An actual logistics route in the scheme of parallel imports between Russia and India is the International North-South Transport Corridor (INSTC), which will reduce not only costs, but also the delivery time of goods. In conclusion, the author offers recommendations that can help not only strengthen the country's economy, but also develop relations with friendly states.

Keywords: parallel import, economic sanctions, logistics of parallel import, regional economy, trade turnover.

JEL: F19

EDN: ZJFNLO

DOI: https://doi.org/10.52180/2073-6487_2023_6_172_185

References

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Manuscript submission date: 25.10.2023

For citation:

Matyukhin A.A. Logistics of parallel import under economic sanctions // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2023. № 6. Pp. 172-185. (In Russ.). https://doi.org/10.52180/2073-6487_2023_6_172_185 EDN: ZJFNLO

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