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Import turnover of auto parts and accessories increased by more than 1 billion USD

 

 

Import turnover of auto parts and accessories increased by more than 1 billion USD

 
Compared to the same period in 2020, import turnover of auto parts and accessories increased strongly by 36.2%.

According to the latest information from the General Department of Customs, in the first 15 days of the month, the country spent more than $175 million importing auto parts and accessories. Thereby bringing the total import turnover of this item since the beginning of the year to nearly 3.9 billion USD, an increase of 36.2% (equivalent to more than 1 billion USD) over the same period in 2020.

Import turnover of auto parts and accessories increased by more than 1 billion USD

Imported components and spare parts increased sharply, showing that domestic automobile production and assembly activities are flourishing.

Typically, car manufacturer VinFast alone, by the end of September, has sold a total of 25,527 cars, a positive result after only 2 years of this car brand being introduced to consumers.

According to Hai Phong Customs Department (the unit that carries out import procedures for major auto parts and accessories of VinFast and other automobile manufacturers and assemblers in the North), by the end of September, the import turnover This group of goods at the Department reached more than 1.6 billion USD, up 140.1% over the same period last year.

The main import markets of Vietnam are South Korea, China, Thailand, Japan, and India.

In September alone, these five markets accounted for 77% of the country's total import turnover of auto parts and spare parts.

Along with the flourishing trend of domestic automobile production and assembly, the importation of pre-owned cars in recent months also achieved impressive growth.

According to the information released by the General Department of Customs, in the first 15 days of October, the whole country imported 8,197 CBU cars of all kinds, with a total turnover of nearly 175 million USD.

Accumulated from the beginning of the year to October 15, the whole country imported 122,588 CBU cars of all kinds, with a turnover of more than 2.72 billion USD. Average value (excluding tax) is more than 22,000 USD/car.

Three countries in Asia including Thailand, Indonesia and China are the largest automobile import markets of Vietnam.