AsemconnectVietnam - According to preliminary statistics from the General Department of Customs, Vietnam’s imports of completely built-up (CBU) automobiles in August of 2026 totaled 19,346 units valued at US$449.8 million.

This represents a sharp decline of 30.12% in volume and 24.69% in value compared to July of 2026. However, it still reflected a notable increase of 19.2% in volume and 24.38% in value compared to August of 2025. The average import price in August of 2026 was US$23,250 per unit, up by 7.78% from July of 2026 and 4.35% from August of 2025.
In the first eight months of 2026, Vietnam imported 168,033 CBU automobiles with a total value exceeding US$3.9 billion, marking increases of 22.03% in volume and 29.53% in value compared to the same period of 2025. The average import price for this eight-month period was US$23,239 per unit, a rise of 6.15% year-on-year.
Regarding import markets:
ASEAN remained the largest supplier of CBU automobiles to Vietnam, accounting for 68.31% of total import volume in the first eight months of 2026. The imports from the region totaled 114,777 units valued at US$1.93 billion, representing increases of 15.6% in volume and 15.72% in value compared to the same period of 2025. The average import price stood at US$16,853 per unit, remaining virtually unchanged (with a slight increase of 0.11%). In August of 2026 alone, vehicle imports from ASEAN totaled 12,841 units valued at $221.86 million, marking sharp declines of 39.52% in volume and 40% in value compared to July of 2026, due to seasonal factors.
China emerged as the second-largest source of supply by volume and led in terms of import value growth. In the first eight months of 2026, Vietnam imported 44,335 automobiles from China valued at $1.57 billion, a significant increase of 45.89% in volume and 58.78% in value compared to the same period of 2025, accounting for a 26.38% share of total imports (up from 22.07% in the first eight months of 2025). The average import price stood at $35,353 per unit, an increase of 8.83%. In August 2026, imports from this market reached 4,654 units valued at $154.65 million; while this represented a drop of over 8% in both volume and value compared to July 2026, it marked a strong year-on-year increase of 47.14% in volume and 47.73% in value compared to August of 2025.
Notably, automobile imports from India surged dramatically, rising by 29,650% in volume and 9,245.4% in value; the figure climbed from just a few vehicles in the same period of 2025 to 595 units in the first eight months of 2026, with a total value of $4.82 million. The US market recorded impressive growth, with 443 units imported over the eight-month period (up by 121.5%) valued at $35.96 million (up by 284.54%). Notably, the figure of August of 2026 alone saw a 2,142.86% surge in volume compared to the same period last year. The EU market also experienced strong growth, with 719 units (up by 107.2%) valued at $44.93 million (up by 103.7%), driven primarily by Germany with 680 units (up by 97.1%). In contrast, the South Korean market declined by 56.52% (totaling only 110 units), with August alone seeing an 87.5% drop compared to August of 2025.
Regarding import prices:
The average import price of completely built-up (CBU) automobiles into Vietnam in the first eight months of 2026 was $23,239 per unit, a 6.15% increase year-on-year; the figure for August of 2026 was $23,250 per unit, up by 7.78% from July of 2026 and 4.35% from August of 2025.
Among these, markets in North America and Europe recorded the highest import unit prices. Specifically, in the first eight months of 2026, Canada topped the list for average import unit price at $558,430 per unit, followed by Austria ($163,243), South Korea ($107,319), France ($99,520), the UK ($83,445), the US ($81,170), and the EU region overall ($62,487). Conversely, Asian markets recorded the lowest import unit prices. During this period, India had the lowest average unit price at $8,098, followed by Indonesia ($14,374), Thailand ($20,781), and Russia ($27,040).
Notably, India's average unit price for the first eight months of 2026 fell by 68.59% year-on-year to $8,098 per unit due to the importation of a large volume of mass-market cars (595 units). However, in August of 2026 alone, the unit price surged by 8,148.5% compared to July of 2026, reaching $434,000 per unit. Similarly, Canada's import unit price in August of 2026 reached $558,430 per unit, driven by the importation of a single ultra-luxury vehicle. The US market recorded a 73.61% increase in unit price over the eight-month period (reaching $81,170 per unit) and a 265.66% increase in the August unit price compared to August of 2025 (reaching $87,394 per unit).
Source: VITIC