The Customs Directorate has just announced preliminary statistics, in the first half of September, the whole country imported 8,267 complete cars of all kinds with a total turnover of 170.8 million USD.
Since the beginning of the year, the country has imported 114,855 complete cars of all kinds, with a total turnover of 2.36 billion USD.
This figure increased sharply compared to the same period last year, the number of imported complete cars increased by 24.3% (22,474 cars), the turnover increased by 9.26%.
The growth rate in the number of imported cars has been nearly three times higher than the growth rate in turnover, leading to the average value of imported cars from the beginning of the year to date being much lower than the same period last year. Specifically, the average value of each imported car is currently around 20,500 USD (excluding taxes), while in the same period last year this figure was around 23,500 USD/car.
According to statistics, the supply of completely built-up cars for Vietnam mainly comes from Asian countries, with traditional markets such as Indonesia, Thailand and China.
Vietnam imports the most cars from Indonesia and Thailand. These are the two largest markets supplying completely built-up cars to Vietnam, especially popular cars, thanks to trade agreements and the advantage of car manufacturing in the Southeast Asian region.
According to statistics, Indonesia is currently leading the market share in supplying completely built-up cars to Vietnam (43,810 vehicles), with a turnover of 642.24 million USD; Thailand ranks second with 39,101 vehicles, with a turnover of 756.64 million USD; China ranks third with 19,649 vehicles, with a turnover of nearly 582 million USD.
