Automotive: Vietnam motor vehicle parts & accessories up 8.70 percent in May

Vietnam’s imports of motor vehicle parts and accessories reached US$471.82 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 8.70 percent compared to April, bringing the year-to-date (YTD) import value to US$2.17 billion.

China remains the dominant supplier with strong growth:

China continued to be the primary source for these imports, with a May value of US$171.81 million. This signifies a strong increase of 8.46 percent from April and accounts for a commanding 36.01 percent of the total year-to-date imports.

South Korea and Indonesia show significant surges:

Imports from South Korea surged by 16.89 percent to US$87.54 million in May, solidifying its position as the second-largest supplier. Indonesia also experienced a substantial increase of 42.37 percent, with imports valued at US$29.97 million.

USA, Spain, and Turkey record extraordinary month-on-month growth:

Several countries exhibited remarkable month-on-month growth in May, often from lower bases:

  • USA recorded an astonishing surge of 193.23 percent, reaching US$6.94 million.
  • Spain imports jumped by 204.40 percent.
  • Turkey imports surged by 73.05 percent.
  • Malaysia imports grew by 43.04 percent.
  • Netherlands also showed a strong increase of 27.64 percent.
  • Belarus emerged as a new supplier in May after having no imports in April.

Notable declines in imports:

Conversely, some markets faced substantial declines in imports in May:

  • Russia saw a drastic drop of 91.95 percent.
  • Germany imports decreased by 48.58 percent.
  • India imports fell by 7.79 percent.
  • Philippines experienced a minor decrease of 6.77 percent.
  • Brazil recorded no imports in May after having imports in April.
  • The “Other” category also saw a decline of 9.28 percent.

The overall strong increase in May’s imports of motor vehicle parts and accessories indicates a robust and growing demand in Vietnam’s automotive sector, with China at the forefront and significant contributions from diverse global suppliers.

See also: Vietnam Automotive Industry 2025: Growth, Imports & Outlook

Vietnam imports of motor vehicle parts and accessories, May 2025, US$ millions

MayAprilMoMYTD% of YTD
Total471.82434.058.70%2,174.48100.00%
Other7.278.01-9.28%0.000.00%
China171.81158.418.46%782.9436.01%
South Korea87.5474.8916.89%413.9119.04%
Thailand62.8461.162.74%299.8313.79%
Japan56.9555.253.07%253.6711.67%
Indonesia29.9721.0542.37%132.296.08%
India29.1631.62-7.79%140.776.47%
USA6.942.37193.23%17.570.81%
Netherlands5.884.6127.64%22.211.02%
Germany4.388.52-48.58%28.591.31%
Turkey2.801.6273.05%10.440.48%
Malaysia2.741.9143.04%9.600.44%
Philippines2.262.43-6.77%10.190.47%
Spain0.770.25204.40%1.700.08%
Italy0.370.362.22%2.020.09%
Russia0.131.60-91.95%6.610.30%
Brazil0.030.000.00%0.900.04%
Belarus0.000.000.00%0.510.02%
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