More than US$1.2 billion spent on car imports over four-month period

Vietnam spent more than US$1.2 billion on importing 54,344 completely built-up (CBU) vehicles during the initial four months of the year, marking a surge of 47.2% in volume and 33.4% in value year on year.

April alone witnessed 12,323 automobiles worth US$288 million imported. However, the import turnover of CBU vehicles during April endured a decline of 19.1% in volume and 18.9% in value against the three previous months.

Thailand, Indonesia, and China represented the biggest auto exporters of Vietnam. The biggest seller was Thailand with 27,149 units valued at US$545 million, followed by Indonesia with 19,048 units worth US$260 million, and China with 3,617 valued at US$135 million.

With a combined figure of 49,814 units, these three markets accounted for nearly 92% of the country’s total auto imports.

Source: VOV

Topic:
vietnam's automobile market

More than US$1.2 billion spent on car imports over four-month period

Vietnam spent more than US$1.2 billion on importing 54,344 completely built-up (CBU) vehicles during the initial four months of the year, marking a surge of 47.2% in volume and 33.4% in value year on year.

vietnam's automobile market

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