HCMC – Port of Haiphong Joint Stock Company has reported some 7,818 autos were imported through the Haiphong port in the first month of this year, increasing by 5,895 units over the same period in 2022.

More than half of the automobiles brought into Vietnam in January came through the port.

The country’s auto imports soared by 218.9% in volume and 148.9% in value year-on-year, with 14,457 vehicles totaling US$314.5 million.

Thailand was the largest auto exporter of the domestic market, with 6,693 units worth US$125.47 billion imported.

Indonesia and the U.S. came in second and third, with their respective volume of 6,176 and 432 units, respectively. China is now Vietnam’s fourth biggest car exporter.

The four nations accounted for 94.3% of Vietnam’s auto imports.