Automobiles import from Thailand increase by 100% in August

Market share (regarding volume) from three main markets in August. Sketched by T.Bình

The volume of automobiles imported in August was 8,836 units, with a total turnover of $202 million; meanwhile, it was only 4,761 units with a value of nearly $108 million in July.

In August, CBU cars imported into Vietnam mainly originated from three main markets: Thailand with 4,743 units, Indonesia with 2,523 units and China with 572 units.

The number of cars imported from the three markets as mentioned above accounts for nearly 90% of total volume of cars imported into Vietnam in the month.

Automobiles imported from Thailand in August increased sharply compared to July with a growth rate of more than 100% (it was only 2,324 units in July).

In August, the line of cars that most imported were still cars with nine seats or less with 6,136 units, worth nearly $127 million, 69.4% of imported CBU cars.

Trucks had the second largest number with 2,217 units, a value of $55.7 million; up 167% in volume and 175.9% in value compared to the previous month.

Thus, as of the end of August, the volume of imported CBU cars reached 53,812 units, down 44.3% over the same period last year. In particular, cars with nine seats or less reached 39,588 units, down 46.9%; truck was 10,759 units, down 47.8%.