A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

Parts and accessories of motor vehicles: Vietnam imports down in April, China leads

Vietnam’s imports of parts and accessories of motor vehicles reached US$434.05 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 9.73 percent compared to March, with a year-to-date (YTD) import value of US$1.70 billion.

China remains the top supplier despite a decrease:

China was the leading supplier of parts and accessories of motor vehicles to Vietnam in April, with imports valued at US$158.41 million. This marks a decrease of 11.38 percent from March but still accounts for a significant 35.89 percent of the total year-to-date imports.

South Korea sees a notable decrease but remains a major supplier:

South Korea was the second-largest supplier in April, with imports valued at US$74.89 million, a decrease of 12.30 percent from the previous month. South Korea accounts for 19.17 percent of the year-to-date imports.

Thailand experiences a slight decrease:

Imports from Thailand saw a marginal decrease of 4.75 percent in April, with a value of US$61.16 million. Thailand accounts for 13.92 percent of the year-to-date imports.

Japan records an increase:

Imports from Japan rose by 11.06 percent in April, reaching US$55.25 million, contributing 11.56 percent to the year-to-date total.

Significant month-on-month increases and decreases:

Philippines experienced the largest month-on-month increase at 20.38 percent, although its overall import value is lower. Netherlands and Spain also saw minor increases. Conversely, Indonesia experienced the most significant decrease at 37.28 percent, followed by Turkey at 36.87 percent and Russia at 33.08 percent. Imports from Belarus ceased entirely in April, while Brazil recorded imports after none in March.

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

Vietnam imports of parts and accessories of motor vehicles, April 2025, US$ millions

AprilMarchMoMYTD% of YTD
Total434.05480.83-9.73%1,702.13100.00%
Other8.018.84-9.44%33.451.97%
China158.41178.75-11.38%610.9035.89%
South Korea74.8985.39-12.30%326.3519.17%
Thailand61.1664.21-4.75%236.9713.92%
Japan55.2549.7511.06%196.7211.56%
India31.6233.84-6.58%111.376.54%
Indonesia21.0533.56-37.28%102.326.01%
Germany8.529.31-8.44%24.211.42%
Netherlands4.614.541.56%16.330.96%
Philippines2.432.0220.38%7.920.47%
USA2.372.61-9.35%10.630.62%
Malaysia1.911.94-1.45%6.860.40%
Turkey1.622.56-36.87%7.640.45%
Russia1.602.40-33.08%6.480.38%
Italy0.360.40-9.87%1.650.10%
Spain0.250.2311.14%0.930.05%
Belarus0.000.49-100.00%0.510.03%
Brazil0.000.000.00%0.880.05%
get the latest news sent straight to your inbox
Vietnam
Labour Market Report
Q1 2025
Help Wanted: Business Development Manager (Freelance) ​

We’re looking for a self-starting freelance Business Development Manager to help shape and grow the-shiv’s commercial strategy. You’ll be responsible for identifying new revenue opportunities, pitching services, and building partnerships.

Read more...

Create your listing