General overview of the electronic components market in Russia
Everything that is stated below may be not truth and can be interpreted according to your opinion.
According to the Electronics Developers and Manufacturers Association, the market of electronic components (chips, passive electronics, etc.) fell by 25% per the results of 2025 and reached 288 billion Rubles or approx. 3.73 billion USD per the exchange rate on 16-Feb-2026.
At the same time the share of domestic components in the total volume is only 26%.
So, the market of imported electronic components in Russia is approximately 2.8 billion USD.
There is another point of view. Nikolay Beletsky, project manager of the “Industry and Technology” practice at Strategy Partners, told CNews that the market volume increased by 10% according to the results of 2025. But these figures seem unrealistic to me, or they do not apply to all components, but express the author’s opinion on a certain part.
My personal opinion is that the numbers are overstated in both versions. Here is the data from the same author of the report for 2026 in 2019. The research was carried out by the Informational & Analytical Center of Modern Electronics (SOVEL LLC) on behalf of the Association of Suppliers of Electronic Components.
By 2026, the author holds a new position, and his report is already being submitted on behalf of the Electronics Developers and Manufacturers Association. Unfortunately, I do not have the report itself, but there are figures that the Cnews portal refers to when it states: “This follows from the presentation of the Electronics Developers and Manufacturers Association (EDMA), that CNews has at its disposal.”
So, if we remove the share of Russian components from the final annual figures of 28%, we get the following.
In 2018, the share of imported electronic components was approximately 2.2 billion USD, and in 2026 — 2.8 billion USD.
Personally, the figure for 2025 seems a bit high to me.
Why.
1. Many productions of finished equipment left from Russia, even if they were often assembling, but they were gone. Although large amounts of money are invested in domestic production, the focus is on government regulation, on our own domestic components, which are already included in the above-mentioned 30% as the share of domestic components.
Question. Where does the growth in sales of imported components come from 2.2 billion USD in 2018 to 2.7 billion USD in 2025?
Where do all these extra electronic components go, plus 0.5 billion USD, if, according to the general opinion, there is at least no serious growth in Russia?Look at this table. These are official data from the FEDERAL STATE STATISTICS SERVICE (Rosstat), official, published data.
Table 1
| 2020 | 2021 | 2022 | 2023 | 2024 | 24/21 | |
| Portable computers weighing not more than 10 kg, thousand pcs | 376 | 189 | 349 | 580 | 404 | 2,137566 |
| Television receivers, million pcs | 7,7 | 6,4 | 4,2 | 3,7 | 2,7 | 0,421875 |
| Liquid production and consumption meters, million pcs | 6,3 | 8,5 | 7 | 7,7 | 5,6 | 0,658824 |
| Electricity production and consumption meters, million pcs | 7,4 | 8,7 | 7,6 | 9,7 | 9,9 | 1,137931 |
| LED lamps, million pcs | 217 | 201 | 170 | 116 | 91,5 | 0,455224 |
| Household refrigerators and freezers, million pcs | 3,6 | 4,1 | 2,5 | 3,0 | 3,2 | 0,780488 |
| Household vacuum cleaners, thousand pcs | 1,1 | 5,1 | 2,2 | 11,3 | 11,1 | 2,176471 |
| Electric razors, thousand pcs | 255 | 247 | 133 | 123 | 145 | 0,587045 |
| Electric meat grinders, thousand pcs | 355 | 583 | 404 | 486 | 486 | 0,833619 |
| Electric kettles, thousand pcs | 132 | 164 | 203 | 114 | 68,3 | 0,416463 |
| Microwave ovens, thousand pcs | 22,8 | 11,4 | 5,9 | 7,3 | 5,4 | 0,473684 |
| Electric kitchen stoves, million pcs | 1,2 | 1,3 | 0,9 | 0,8 | 0,8 | 0,615385 |
| Domestic gas stoves, thousand pcs | 330 | 371 | 277 | 234 | 251 | 0,67655 |
| Passenger railway wagons, pcs | 1962 | 1561 | 1444 | 1682 | 1649 | 1,056374 |
| Passenger cars, thousand pcs | 1262 | 1365 | 451 | 543 | 763 | 0,558974 |
| Woodworking machines, pcs | 5378 | 10309 | 7960 | 7400 | 8199 | 0,795324 |
| Excavators, thousand pcs | 2,8 | 3,4 | 1,7 | 1,4 | 1,5 | 0,441176 |
| Overhead electric cranes, thousand pcs | 1,6 | 2,5 | 2,4 | 2,6 | 3,4 | 1,36 |
| Gantry and semi-gantry electric cranes, pcs | 82 | 125 | 142 | 142 | 177 | 1,416 |
| Tower construction cranes, pcs | 48 | 61 | 34 | 41 | 58 | 0,95082 |
| Elevators, thousand pcs | 31,4 | 31,5 | 21,8 | 27,3 | 27,1 | 0,860317 |
| Escalators, pcs | 38 | 21 | 9 | 22 | 16 | 0,761905 |
| Cash registers, thousand pcs | 372 | 610 | 637 | 650 | 408 | 0,668852 |
| Counters, refrigerated display stands, thousand pcs | 337 | 457 | 250 | 242 | 330 | 0,722101 |
| Tractors for agriculture, other, thousand pcs | 7,2 | 7,5 | 10,6 | 8,8 | 8,1 | 1,08 |
| Combine harvesters, thousand pcs | 5,4 | 6,8 | 4,5 | 5,1 | 4,6 | 0,676471 |
| Machines, in total of all types, pcs | 4232 | 5753 | 6390 | 9140 | 10 698 | 1,859552 |
Overall, there is a decline, although there is also growth. Very nice figures for the machines. But according to “Portable computers weighing no more than 10 kg, thousand pcs” there are nuances. A special program has been adopted in Russia, and most of these tablets go to officials, conductors at Russian Railways, police officers, etc., i.e. to the state market, and are not sold on the civilian market. And some of the components for them are manufactured in Russia. This table only confirms my personal opinion that the market in Russia has not grown in monetary terms since 2022. There is simply nowhere to attribute these extra hundreds of millions of dollars against the background of all the points described below.
2. Additionally, the components themselves have become much cheaper on the Russian civilian market. Now that Western brands have given this share to Chinese manufacturers with their lower prices, this market has become even smaller in money expression. For example, transistors, diodes, connectors became cheaper 2 times, and the share of Chinese components in these categories has increased several times. For example. The IRLML0040 transistor was previously sold in Russia for minimum 5 cents in 2018, and Infineon held a huge market share, while now you can buy its Chinese counterpart in Russia for 2.5 cents, and Infineon’s share has decreased several times.
3. The allocation of microchips has ended, prices have dropped significantly in 2023-2025. Currently, due to the general instability of the market and tariff wars, microchips have risen in price again, but this will have an impact in 2026, while we estimate the market volume for 2025. And although Western brands occupy a significant share in the supply of microcontrollers, Chinese manufacturers are constantly increasing their market share.
4. Supply channels. It’s not a secret that microchips from many Western brands can be bought cheaper in China. If earlier holders of the status of an official distributor put up with a more expensive price list, and manufacturers put up with high prices for the sake of a guaranteed direct shipping channel from the manufacturer to distributor, now there are no distributors or direct channels. Previously, many Russian manufacturers bought only from distributors, but now many of them are shipping directly from China. As a result, we have a reduction in prices, if not for all goods, then at least for the most consumed ones.
5. Here is an analysis of the sales of some brokers/distributors/intermediaries in billion USD, compiled by me from open sources.
| 21 | 22 | 23 | 24 | 25 | % 25/21 | |
| 1 | 3008163 | 1997070 | 3266174 | 4310675 | 3304282 | 1,09 |
| 2 | 5484943 | 4761992 | 4048912 | 4246788 | 3116144 | 0,56 |
| 3 | 6414138 | 7905209 | 9769744 | 10201243 | 8978501 | 1,39 |
| 4 | 3814116 | 4087536 | 6765604 | 7635606 | 5765492 | 1,51 |
| 5 | 894566 | 1186974 | 1820509 | 1441646 | 1307490 | 1,46 |
| 6 | 615489 | 1006693 | 1650301 | 1688778 | 1374308 | 2,23 |
| 7 | 2061275 | 2061275 | 1749266 | 1706191 | ||
| 8 | 3092561 | 3609795 | 4044203 | 3967435 | 2859420 | 0,92 |
| 9 | 284040 | 311413 | 375782 | 393866 | 250685 | 0,88 |
| 10 | 19077898 | 17887416 | 12609200 | 15650622 | 12964558 | 0,67 |
| Total, Rub | 44747189 | 40066970 | 42071122 | 47747411 | 39920880 | 0,93 |
| Exchange rate | 73,66 | 68,35 | 85,88 | 92,66 | 83,21 | |
| Total, USD | 607482 | 586202 | 489882 | 515296 | 500265 | 0,82 |
Of course, this is not the entire market, but it is a fairly large cross-section. As you can see, in 2025 the sales of imported electronic components decreased in rubles by 8% compared to 2021, and in dollars – by 18%.
And in my opinion, the sanctions did not have the most global impact on this, although in the future, perhaps, their influence will expand.
My opinion is simple.
1. Calculated in pieces, the market of imported electronic components, if it has fallen, is not critical. But in case of calculation in money. I would even say that there was an excess of liquidity, which allowed companies to survive the 23rd and 24th years without much difficulty. The surplus was formed due to cheaper components in China. Calculate the cost of 1 million IRLML0040 transistors for 5 cents in 2020 and 1 million IRLML0040 for 2.5 cents, but already in 2026. And the market of IRLML0040 in pieces has not grown, there is no need to buy 2 million pieces to stock. There are thousands such positions. The market has sunk more in money than in pieces, but this is not so strongly related to sanctions, the redistribution of supply channels, lower prices for the components themselves, and replacement with Chinese analogues had a much greater impact. And although logistical costs have increased by at least 5-9% due to sanctions, Chinese prices for Western analogues are much lower, often by 2 times.
And this is actually a good thing, since the cost of the product from Russian manufacturers in the sum of all electronic components has decreased by at least 10-15%. If this is not the case, the business owner should have big questions for the supply department, but there is a nuance… If there was a redesign at all and if the product is being made purely for sale on the civilian market. If a Russian manufacturer is gaining points and wants to participate in the government tender, then it will not be possible to make a product here as cheaply as on the civilian market.
Additionally, I can say that none of the interlocutors I interviewed said that they have positive revenue growth in 2025.
Currently, the market for imported electronic components in Russia is, in my opinion, no more than 2.3 billion USD. This is my maximum figure. 22% of VAT, 5% for logistics and 5% of other expenses, including money transfer and 5-10% duties, should be deducted from this amount, i.e. at least 30-35% should be deducted from this amount in order to receive the amount of money that Chinese manufacturers in Russia can receive. And, as you understand, even this amount must be divided into hundreds of different components, categories. On the pages of my website, you can find sales volumes for various categories of electronic components up to 2022, in order to make an approximate sales volume based on 100% of the market share that a Chinese manufacturer can receive.
2. Per China’s standards, there are only a hundred manufacturers in Russia that can definitely be classified as large, while all other manufacturers are small.
3. In Russia, Russian components are not a threat to you, they come to the military or the state market. It is very important to know that in Russia you compete with the same Chinese manufacturers.
4. Russia is following the path of protectionism, but it does it not with duties, but more cunningly, with bureaucracy and indirect payments. Russia is a country of customs, certificates and markings, and even the markings that must be applied in China at the factory can only be obtained by a Russian legal entity. If you want to sell in Russia, you need either a partner or your own representative office in Russia. Not an individual, but an office, warehouse, and sales.
You will not be able to advance sales in Russia on your own, either through a partner or your own warehouse. There is no alternative, participation in exhibitions in 90% of cases is pointless, it is much cheaper to look for partners inside Russia and visit the largest manufacturers.
P.S. I will appreciate to receive any reports on the markets of electronic components in Russia and China in general and on the various categories, in particular, that you have, even in Chinese.
