Car imports got strong growth in first 5 months of 2026
Friday, June 26,2026
AsemconnectVietnam - According to statistics from the Customs Department, the market for completely built-up (CBU) imported cars into Vietnam recorded strong growth in May of 2026 with 23,730 units, worth over US$547.6 million, an increase of over 43.1% in volume and over 26.2% in value compared to the previous month.
In comparison to the same period of 2025, import levels also increased by nearly 25.1% and over 29.2% respectively.
In total, in the first 5 months of 2026, the total number of imported cars nationwide reached 95,900 units, with a total value of nearly US$2.3 billion, an increase of over 14.2% in volume and nearly 25.8% in value compared to the same period last year.
Vietnam's import markets for CBU car in the first 5 months of 2026
ASEAN continued to be Vietnam's largest market for completely built cars in the first 5 months of this year, with 62,279 units and a value of nearly US$1.03 billion, an increase of over 1% in both volume and value compared to the same period in 2025, although the overall market share decreased from 73.17% to 64.94%. Within ASEAN, Indonesia maintained its leading position with 38,478 vehicles, accounting for nearly 61.8% of total car imports from ASEAN, thanks to optimally utilizing the 0% tariff advantage from the ATIGA and RCEP agreements.
In particular, the number of vehicles imported from Indonesia in May increased dramatically by 200.11% in volume and 217.47% in value compared to April.
However, in the first five months of this year, Vietnam's imports of completely assembled cars from Thailand only reached 23,801 vehicles, a decrease of more than 17.4% compared to the same period last year.
The imports of cars from China in the first five months of 2026 reached 29,036 units, worth US$1.04 billion, a sharp increase of 60.37% in volume and 73.74% in value compared to the same period in 2025, with market share increasing from 21.56% to 30.28%.
CK
Source: VITIC
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