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Aug 19, 2018 / 10:30

Vietnam spends US$592 million on car import in 8 months

Of the total number, cars with less than nine seats make up the largest proportion with 15,348 units worth US$324 million.

As of August 15, Vietnam imported 24,451 cars worth US$592 million, according to the General Department of Vietnam Customs (GDVC).
 
Illustrative photo.
Illustrative photo.
Of the total number, cars with less than nine seats make up the largest proportion with 15,348 units worth US$324 million. The second place belongs to truck with 7,754 units at US$171 million. 

Last week, Vietnam imported 3,723 units worth US$89 million, while that of the previous week reached 1,287 unit totaling US$31.3 million. 

From August 10 to 16, the majority of imported cars were from Thailand with 2,965 units, followed by Indonesia with 497 units. Overall, cars from these two countries accounted for 93% of total imported cars to Vietnam during this period.

Imported cars with less than nine seats amounted to 1,858 units for US$39.5 million between August 10 and 16, making up 49.9% of Vietnam's imported cars in the period. Of that amount, Thailand was the largest supplier with 1,228 units (66%), followed by Indonesia with 428 and Germany with 85. 

Notably, no car with over 9 seats was imported to Vietnam over the last week. 

Nevertheless, trucks saw a sharp increase with 1,840 units with US$43 million, a significant increase from last week with 209 units. Of the number, 1,737 units were from Thailand, 69 from Indonesia, 30 from Belarus and 4 from China. 

Additionally, 25 specialized cars were imported in Vietnam last week with US$6.6 million. 

Customs statistics also showed that US$60.9 million worth of cars' accessories and parts were imported to Vietnam during the week, down 18% week-on-week.   
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