The dominance of the car imports from Thailand and Indonesia began in June
Thailand and Indonesia continued to be Vietnam’s major car exporters, making up over 76 percent of combined imported cars, according to the General Department of Vietnam Customs.
The trend began in June, when cars from Thailand and Indonesia accounted for over 67 percent of Vietnam’s total imports of 3,552 units worth US$97.9 million.
A total of 1,743 cars were imported from Thailand for $24.64 million and 638 cars worth $6.6 million were shipped from Indonesia in June.
In July, Vietnam imported 4,761 cars at a cost of nearly $108 million, up 34 percent month-over-month in volume and over ten percent in value.
Of the total, 2,324 cars, or 48.8 percent, came from Thailand, totalling $37.9 million.
Meanwhile, 1,302 cars were imported from Indonesia, or 27.3 percent of the total, for $14.1 million.
On average, cars from Thailand cost $16,308 apiece, while each car imported from Indonesia fetched less than $10,900 in July.
Notably, Vietnam spent more than $96 million importing 4,078 cars in the first half of August alone.
Vietnamese customs also reported that the country spent $347 million importing auto components and spare parts — mostly from South Korea, Japan, Thailand, and China — in July, up 24.4 percent from June.
