70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Vietnam’s imported cars up 95% in Jan-Nov
Ngoc Thuy 11:52, 2019/12/25
The majority of imported cars in Vietnam in November came from Thailand and Indonesia.

Vietnam imported 133,696 cars in the first 11 months of 2019 for nearly US$2.91 billion, up 95.6% in quantity year-on-year, according to the General Department of Vietnam Customs (GDVC).

 Data: GDVC. Chart: Ngoc Thuy. 

Upon breaking down, the country imported 99,261 passenger cars, or cars with less than nine seats, representing a 2.3-fold increase year-on-year, and 28,427 trucks, up 36.4%, among others.

In November, the number of imported cars was 11,744 worth US$267 million, down 29.6% month-on-month.

According to the GDVC, 94% of imported cars in Vietnam in November came from five markets namely Thailand with 5,807 cars, Indonesia with 4,009, China with 480, Mexico with 472, and Japan 271.

Passenger cars made up the largest proportion in November with 8,549 units worth US$154.64 million, contributing 72.8% of the total imported volume, followed by trucks with 2,309 units worth US$56.4 million, while the remaining were other types of motorized vehicles with 881 worth US$55.6 million and five cars with over nine seats for US$111,000.

Customs statistics also showed that US$299 million worth of car accessories and parts were imported to Vietnam in November, down 8.2% month-on-month. Suppliers of those products were mainly from South Korea with US$85 million, down 25% month-on-month; China US$58.7 million, up 12.9%; Thailand US$56.9 million, up 2.3%; Japan US$45 million, down 34.2%; Indonesia US$23.3 million, up 2.4%; and Germany US$18.4 million, up 31.9%.

Overall, accessories and parts from these six countries accounted for 88% of total imported value in November, resulting in an import turnover of US$3.81 billion for accessories and parts in January – November period, up 15.1% year-on-year.

TAG: Vietnam Thailand Indonesia car imports November 11 months Japan Germany customs GDVC
Other news
12:31, 2024/07/07
Hanoi district to turn Hoang Cau Lake into culinary hub
Once rehabilitated, the Hoang Cau Lake area is expected to become an attractive new destination for both tourists and local residents, contributing to the city's nighttime economy.
20:43, 2024/07/03
Hanoi welcomes investment from China’s Greater Bay Area
The strong and friendly relationship between the two countries makes Chinese enterprises, particularly those in the Greater Bay Area, confident about investing in Vietnam.
17:14, 2024/07/02
PM urges South Korea to further open market for Vietnamese goods
Both sides agreed to intensify cultural exchanges, tourism cooperation, and local interactions so as to increase mutual understanding and lay the foundations for sustainable development of relations.
15:33, 2024/07/01
PM urges major South Korean conglomerates to explore new horizon of cooperation
The Government leader called on South Korean corporations to support Vietnam with financial resources, infrastructure development, institutional and policy improvements, quality human resource training, and smart governance.
13:13, 2024/06/29
Vietnamese economy set for strong growth in latter half of 2024: HSBC
Vietnam remains on the path of recovery driven by the turnaround in the global electronics cycle.
12:48, 2024/06/29
Vietnam's GDP growth expands by 6.42% in H1
The economic growth rate of 6.93% in the second quarter is the second highest in the past five years.