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Auto imports increased sharply in first 2 months 

 Wednesday, March 15,2017

AsemconnectVietnam - In the first two months of this year, Vietnam’s imports of automobile from India rocketed by 858 per cent in quantity over the same period last year, but the import value was down by 5.9 per cent.

Vietnam spent $ 309.7 million on imports of 15,275 CBU (complete built unit) autos in the first 2 months of this year, up by 32.8 per cent in quantity and by 6.8 per cent in value over the same period of 2016, showed the statistics figures of the General Department of Customs.
In February of this year, the country imported 8,027 autos worth of $ 158
4 million, up by 9.4 per cent in quantity and 3.6 per cent in value compared with the previous month.
Thailand was leading the list of the country’s major auto import markets with 5,714 units worth of $ 110.3 million. It was followed by Indonesia with 3,108 units worth of $ 53.6 million; South Korea – 2,045 units worth of $ 27.9 million; India – 1,724 units worth of $ 6.8 million; China – 457 units worth of $ 17.2 million; Japan – 747 units worth of $ 21.4 million.
In the first 2 months of this year, the country’s imports of autos from India rocketed by 858 in quantity per cent year – on – year; while the imports from Indonesia increased sharply by 343 per cent in quantity and 564 per cent in value.
Vietnam’s auto imports in first 2 months of 2017 – Source: the General Department of Customs
 
Market
First 2 months of 2017
First 2 months of 2016
First 2 months of 2017 vs. same period of 2016 (%)
Quantity
(Unit)
Value
(US$)
Quantity
(Unit)
Value
(US$)
Quantity
Value
Total
15,275
309,740,647
11,505
289,975,531
+32.77
+6.82
Thailand
5,714
110,321,079
4,731
80,193,136
+20.78
+37.57
Indonesia
3,108
53,553,515
702
8,067,200
+342.74
+563.84
South Korea
2,045
27,881,049
2,027
27,441,383
+0.89
+1.60
India
1,724
6,785,391
180
7,209,880
+857.78
-5.89
Japan
747
21,425,500
1,141
48,341,498
-34.53
-55.68
China
457
17,235,733
1,180
46,081,481
-61.27
-62.60
The U.S
380
12,938,950
257
8,206,121
+47.86
+57.67
Russia
374
17,663,645
268
22,234,761
+39.55
-20.56
Germany
285
17,108,709
382
12,065,274
-25.39
+41.80
The U.K
62
3,550,636
160
6,944,769
-61.25
-48.87
Canada
7
327,200
22
622,380
-68.18
-47.43
France
7
647,251
5
431,938
+40.00
+49.85
CK
Source: VITIC

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