Auto imports increased 34% in first quarter
Saturday, April 22,2017AsemconnectVietnam - Vietnam imported nearly 26,506 CBU (complete built unit) autos worth of US$ 487.6 million, up by 34.3 per cent in quantity and 0.23 per cent in value over the same period last year, showed the preliminary statistics figures of the General Department of Customs.
In March only, the country imported nearly 11,185 autos worth of $ 180.4 million, increased sharply by 39.3 per cent in quantity and 13.9 per cent in value over the previous month.
ASEAN was the country’s leading auto import market in the first three months of this year with 14,460 units, rose sharply by 67.6 per cent year – on – year.
In the first three months of this year, the country imported 10,050 autos from Thailand, increased by 28.6 per cent; and 4,409 units from Indonesia, up by 429 per cent. Meanwhile, the imports of autos from India increased by 309 per cent in quantity and 44.3 per cent in value to 4,798 units; and the imports from South Korea – 2,964 units; from Japan – 1,053 units; from China – 888 units; from the U.S – 682 units.
In the reviewed period, the country’s imports of autos from China, Canada and the U.K fell sharply by 61 per cent; 63 per cent and 51 per cent, respectively year – on – year.
Vietnam’s auto import markets in the first quarter of 2017 – source: the General Department of Customs
Market
|
First quarter of 2017
|
First quarter of 2016
|
First quarter of 2017 vs. same period of 2016 (%)
|
|||
Quantity
(unit)
|
Value (US$)
|
Quantity (unit)
|
Value
(US$)
|
Quantity
|
Value
|
|
Total
|
26,506
|
487,594,431
|
19,738
|
486,475,753
|
+34.29
|
+0.23
|
Thailand
|
10,050
|
179,529,445
|
7,814
|
141,583,428
|
+28.62
|
+26.80
|
India
|
4,798
|
18,326,983
|
1,172
|
12,699,676
|
+309.39
|
+44.31
|
Indonesia
|
4,409
|
76,561,846
|
833
|
10,191,105
|
+429.29
|
+651.26
|
South Korea
|
2,964
|
44,853,777
|
3,555
|
57,301,363
|
-16.62
|
-21.72
|
Japan
|
1,053
|
32,635,171
|
1,672
|
66,153,004
|
-37.02
|
-50.67
|
China
|
888
|
33,202,588
|
2,256
|
89,567,595
|
-60.64
|
-62.93
|
The U.S
|
682
|
19,945,340
|
426
|
13,983,511
|
+60.09
|
+42.63
|
Russia
|
374
|
17,721,565
|
377
|
31,654,860
|
-0.80
|
-44.02
|
Germany
|
365
|
28,458,914
|
601
|
19,047,713
|
-39.27
|
+49.41
|
The U.K
|
105
|
6,262,961
|
214
|
9,414,403
|
-50.93
|
-33.47
|
France
|
14
|
1,111,219
|
7
|
1,073,827
|
+100.00
|
+3.48
|
Canada
|
10
|
460,099
|
27
|
831,781
|
-62.96
|
-44.69
|
CK
Source: VITIC
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