Kishida has also announced plans to revoke Russia's most-favoured nation trading status, which could lead to higher tariffs on its imports, as well as a ban on certain imports from Russia. The new items will take the total to about 310 items on the Russian export blacklist, the ministry official said. Japan has already banned high-tech exports to Russia such as semiconductors, censors and communication equipment. Shipments of chassis and automobile bodies worth more than 2 million yen to Russia will also be banned, the ministry said. In 2021, Japan sold 358 billion yen worth of automobiles to Russia, making it Japan's main export item to Russia, equivalent to 41.5% of Japan's exports there, according to government trade data.Įxports of car parts were worth 100 billion yen, or 11.6% of total exports to Russia, last year.
The inclusion of luxury cars on the list "may have a certain impact" on Japanese exports, but not a sizable one, the official said, adding Japanese cars sold to Russia are mostly models that sell for less than 6 million yen. and the EU, Japan joins the sanction against Russian oligarchs and the ruling class," a ministry official told a media briefing. Russia says it is carrying out "a special military operation" in its southern neighbour. Japan's ban on luxury exports to Russia, first announced by Kishida on March 16, followed steps by the United States and European countries to impose sanctions on Russia for its invasion of Ukraine.
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