Vietnam imports over 74,000 cars in first half of 2024

Society – Economy - Ngày đăng : 16:33, 11/07/2024

Vietnamese firms spent US$1.55 billion on importing 74,585 completely-built-up (CBU) cars in the first six months of the year, according to the General Department of Vietnam Customs.

vietnam imports over 74,000 cars in first half of 2024 picture 1

June alone witnessed 15,890 cars worth US$310 million imported into the Vietnamese market, representing an annual increase of 6.4% in volume but a decrease of 6.4% in value.

Throughout the January to June period, Indonesia surpassed Thailand to become the biggest supplier of cars to Vietnam with 32,797 units valued at US$478 million, accounting for 44% of the country’s total volume and 31.2% in value.

Thailand came second with 23,736 cars with a total value of US$463 million, making up 31.8% in volume and 30% in value.

This was followed by China with 14,729 cars worth US$456 million, equal to 19.75% in volume and 29.42% in value.

The three major markets in Asia alone made up 95.55% of the country's total imported cars during the first half of the year.

VOV