“A cautious forecast by the end of the year is more than $15 billion and more than 2 million tons, it can be estimated like this,” TASS quoted him as saying.

Davydov noted that the volume of parallel imports, as of the end of October, is $12.6 billion and 1.6 million tons.

In June, Russian President Vladimir Putin signed a law legalizing parallel imports by 2022.

Later, the Russian Ministry of Industry and Trade approved changes to the list of goods for parallel imports, adding Siemens, BMW and LEGO products to it.