According to newly released statistics from the Customs Department, Vietnam imported 27,686 completely built-up (CBU) vehicles worth $597.25 million in July 2026. Import volume increased 8.1% from the previous month, while the value rose 3.1%.

Compared with July 2025, when 18,836 vehicles were imported, the number of CBU cars entering Vietnam jumped 47.6%, while their value increased 40.8%. However, the average value per imported vehicle in July stood at just $21,572, down 4.61% from June and 4.59% from a year earlier.

In the first seven months of 2026, Vietnam imported a total of 148,696 CBU vehicles worth $3.46 billion. Compared with the same period in 2025, import volume increased 22.4%, while value surged 30.3%. The average import value reached $23,241 per vehicle, up 6.41% year on year.

In terms of origin, Southeast Asia, or ASEAN, remained Vietnam’s largest source of CBU vehicle imports.

During the seven-month period, Vietnam imported 101,936 vehicles from ASEAN countries worth $1.71 billion, with both volume and value rising 16.8% from a year earlier.

Among ASEAN markets, Indonesia remained the biggest supplier to Vietnam. In July alone, Vietnam imported 12,137 vehicles from Indonesia, up 4.6% from June and a striking 96.7% from the same month last year.

Over the first seven months, imports from Indonesia reached 61,855 vehicles worth $876.3 million, increasing 36.6% in volume and 35.88% in value. Indonesian-made vehicles accounted for 41.6% of all CBU cars imported into Vietnam.

Meanwhile, Vietnam imported 9,094 vehicles from Thailand in July, up 26.5% month on month and 36.57% from July 2025. Over the seven-month period, however, imports from Thailand totaled 40,081 vehicles worth $836.23 million, down 4.54% in volume but up 1.77% in value year on year.

Vietnam imported 5,091 vehicles from China in July, worth $168.2 million. Compared with June, volume fell 10.7% and value dropped 21.2%. On a year-on-year basis, however, the number of Chinese vehicles still increased 16.6%, while their value rose 21.7%.

The growth was even more pronounced over the first seven months. Vietnam imported 39,697 vehicles from China worth $1.41 billion, representing increases of 45.81% in volume and 60.25% in value compared with the same period in 2025.

China therefore ranked third among Vietnam’s car suppliers by volume during the first seven months of 2026, but took the top spot by import value.

Hoang Hiep