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Vietnam’s auto imports fell in January 

 Wednesday, March 7,2018

AsemconnectVietnam - By the end of January, the country’s auto imports saw decrease. The imports of autos from Thailand saw the sharpest decrease.

The country’s total imports of autos in the first month of this year fell by 95.3 per cent in quantity and 85.8 per cent in value compared with the same period last year, and by 97.5 per cent in quantity and 94 per cent in value compared with the previous month, showed the statistics figures of the General Department of Customs.

Russia was leading the list of the country’s major auto import markets in January with 159 units worth of $ 12.1 million, down by 47.65 per cent in quantity but up by 10.2 per cent in value year – on – year.
It was followed by China with 65 units worth of $ 2 million, down by 30.85 per cent in quantity and 39.72 per cent in value; and then the U.S, Thailand, South Korea and Japan.

In January of this year, the country’s imports of autos from Thailand decreased sharply by 97.81 per cent; from South Korea – down by 97.81 per cent; and from Japan – down by 97.24 per cent.

Vietnam’s auto imports in January of 2018 –
source: the General Department of Customs
Market
January of 2018
January of 2018 vs. January of 2017
Quantity (Unit)
Value (US$)
 
Quantity (%)
Value (%)
Total
340
21,573,252
-95.3
-85.8
Russia
159
12,105,450
-37.65
10.20
China
65
2,039,941
-30.85
-39.72
The U.S
42
2,368,088
-74.55
-47.53
Thailand
36
1,206,792
-98.62
-97.67
South Korea
14
338,880
-97.81
-97.59
Japan
11
1,961,254
-97.24
-85.42
EU
10
1,003,685
-94.41
-89.23
Britain
4
365,535
-85.19
-72.91
Germany
3
94,237
-97.95
-98.76
France
3
543,913
-50.00
59.03
CK
Source: VITIC

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