Vietnam spends US$60 million importing cars last week
During the period, Thailand and Indonesia exported 2,188 and 716 units to the Vietnam’s market, respectively, accounting for 94% of total cars imported to Vietnam.
Cars with less than nine seats made up the largest proportion with 2,129 units worth US$37.5 million, contributing 69% of the total imported volume, of which, 1,275 units were from Thailand or 60% of the total, followed by Indonesia with 726 units, Japan 60 and the remaining from Germany and the UK, among others.
This resulted in a unit price of VND400 million (US$17,600) for each imported car, lower than the reported price of VND430 – 450 million (US$18,430 – 19,294) apiece in previous weeks.
Meanwhile, 31 cars with over nine seats were imported in Vietnam from August 24 – 30 worth US$961,000.
Vietnam also imported 929 trucks and specialized cars, of which, 95% or 882 units were from Thailand, accounting for 30% of the total imported volume during the period.
Customs statistics also showed that US$46.5 million worth of cars’ accessories and parts were imported to Vietnam last week, down 35% week-on-week from the US$71.9 million recorded in the previous week.
Suppliers of those products in subject to Vietnam were mainly from South Korea with US$15.9 million, China US$7.4 million, Japan over US$6 million, Thailand US$4.8 million, India US$4.5 million and Germany US$2.9 million.
Overall, cars’ accessories and parts from these six countries accounted for 89% of total imported value from those products in the week.