03.09.2020, 21:07

Thailand, Indonesia stand as Vietnam’s major auto exporters in July

Thailand, Indonesia stand as Vietnam’s major auto exporters in July

Thailand and Indonesia continued to be Vietnam’s major car exporters, making up over 76 percent of combined imported cars, according to the General Department of Vietnam Customs.


The trend began in June, when cars from Thailand and Indonesia accounted for over 67 percent of Vietnam’s total imports of 3552 units worth US$97.9 million.


A total of 1743 cars were imported from Thailand for $2464 million and 638 cars worth $6.6 million were shipped from Indonesia in June.


In July, Vietnam imported 4761 cars at a cost of nearly $108 million, up 34 percent month-over-month in volume and over ten percent in value.


Of the total, 2324 cars, or 48.8 percent, came from Thailand, totalling $37.9 million.


Meanwhile, 1302 cars were imported from Indonesia, or 27.3 percent of the total, for $14.1 million.


On average, cars from Thailand cost $16308 apiece, while each car imported from Indonesia fetched less than $10900 in July.


Notably, Vietnam spent more than $96 million importing 4078 cars in the first half of August alone.


Vietnamese customs also reported that the country spent $347 million importing auto components and spare parts — mostly from South Korea, Japan, Thailand, and China — in July, up 24.4 percent from June.