Vietnam’s automobile imports from Indonesia surge in May
Vietnam’s automobile imports from Indonesia surge in May
Statistics from the General Department of Vietnam Customs show that the country’s imports of completely-built-up (CBU) passenger cars from Indonesia amounted to 6,751 units in May, surging 84% against the month earlier and surpassing the purchase of Thai-made automobiles.
The volume of CBU vehicles of all types imported into Vietnam from Thailand was reported at 6,160 units in May, whereas the country purchased 6,755 CBU automobiles from Indonesia at the same time, making it Vietnam’s largest automobile supplier in May. The spot had belonged to Thailand in previous years.
Regarding passenger vehicles only, Vietnam imported 6,751 cars from Indonesia in May, some 2,500 more than the 4270 passenger cars imported from Thailand last month.
The country spent over US$1.4 billion importing 64,700 CBU cars of all kinds during the January-May period, with import value in May amounting to US$308 million for over 14,300 units, up 31.9% against April.
Besides this, Vietnam bought over 2,140 trucks valued at US$70.9 million in May, up 15% in volume and 23% in value versus the figures seen in April.
According to statistics, Thailand remained Vietnam’s largest automobile supplier in the first five months of the year, exporting more than 38,380 units worth US$763 million to Vietnam during the five-month period.
Indonesia came second, with over 19,477 vehicles valued at US$276 million imported into Vietnam over the first five months, followed by China, which exported 2,050 automobiles to the local market.
