Vietnam posts all-time high auto imports in 2022 | Business

Vietnam posts all-time high auto imports in 2022 | Business

Vietnam posts all-time high auto imports in 2022 hinh anh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – Vietnam posted an all-time high import of
automobiles with 173,467 units valued at 3.84 billion USD last year, surpassing
the previous record of about 160,000 units in 2021, reported the General
Department of Vietnam Customs.

The figures represented an increase of 8.5% in volume and 5.1%
in value year-on-year.

In December alone, a total of 21,896 units worth 431.55 million
USD were imported, marking the second biggest import in the year, behind November
with roughly 23,000 units.

Indonesia and Thailand were the biggest auto exporters of
Vietnam. Indonesia surpassed Thailand to become the biggest seller of Vietnam in
terms of volume but Thailand still ranked first in value.

Specifically, Vietnam bought 72,671 units from Indonesia with a
total value of over 1.05 billion USD. Meanwhile, auto imports from Thailand hit
72,032 units worth 1.43 billion USD.

The third biggest seller was China with 17,340 units valued at
714.5 million USD.

With
a combined 162,043 units, the above three markets accounted for 93.4% of the
country’s total auto imports. The figure was also higher than the total auto imports
recorded in 2021./. 

VNA