Vietnam’s imports of motor vehicles reached US$426.38 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight increase of 0.82 percent compared to April, bringing the year-to-date (YTD) import value to US$1.83 billion.
China remains the top supplier with steady growth:
China continued to be the primary source for motor vehicle imports, with a May value of US$150.70 million. This signifies a 2.45 percent increase from April and accounts for 33.01 percent of the total year-to-date imports.
Indonesia surges to second place, while Thailand sees a sharp decline:
Indonesia experienced a remarkable surge of 62.06 percent in May, with imports reaching US$126.10 million. This places Indonesia as the second-largest supplier for the month and a significant contributor to the YTD total at 25.32 percent. Conversely, Thailand, a major supplier, saw its imports plummet by 45.34 percent to US$83.13 million, yet still holds a considerable 30.01 percent of YTD imports.
Japan and South Korea show extraordinary month-on-month growth:
Several other countries exhibited strong month-on-month growth in May:
- South Korea recorded an astonishing surge of 13368.90 percent, albeit from a very low base in April, reaching US$3.93 million. This indicates a massive, potentially one-off, shipment.
- Japan imports jumped by 102.13 percent to US$39.44 million.
- Germany saw a substantial increase of 214.90 percent.
Notable declines in imports:
Conversely, some markets faced substantial declines in imports in May:
- USA imports plummeted by 81.81 percent.
- UK imports decreased by 40.83 percent.
- The “Other” category also saw a decline of 4.34 percent.
The overall slight increase in May’s motor vehicle imports indicates a dynamic market, with significant shifts in supplier contributions, particularly the strong growth from Indonesia and Japan offsetting the sharp decline from Thailand.
See also: Vietnam Automotive Industry 2025: Growth, Imports & Outlook
Vietnam imports of motor vehicles, May 2025, US$ millions
| May | April | MoM | YTD | % of YTD | |
| Total | 426.38 | 422.93 | 0.82% | 1,827.67 | 100.00% |
| Other | 15.57 | 16.28 | -4.34% | 0.00 | 0.00% |
| China | 150.70 | 147.09 | 2.45% | 603.36 | 33.01% |
| Indonesia | 126.10 | 77.81 | 62.06% | 462.75 | 25.32% |
| Thailand | 83.13 | 152.10 | -45.34% | 548.50 | 30.01% |
| Japan | 39.44 | 19.51 | 102.13% | 95.58 | 5.23% |
| South Korea | 3.93 | 0.03 | 13368.90% | 4.92 | 0.27% |
| Germany | 2.58 | 0.82 | 214.90% | 10.26 | 0.56% |
| Russia | 2.14 | 1.73 | 23.95% | 10.07 | 0.55% |
| UK | 1.95 | 3.30 | -40.83% | 12.09 | 0.66% |
| USA | 0.77 | 4.26 | -81.81% | 6.12 | 0.34% |
| India | 0.05 | 0.00 | 0.00% | 0.05 | 0.00% |
| Austria | 0.00 | 0.00 | 0.00% | 0.28 | 0.02% |