Vietnam imported US$480.83 million worth of parts and accessories of motor vehicles in March, up 16.78 percent from February, according to Vietnam’s General Department of Customs. The year-to-date import value stood at US$1.27 billion.
China was the largest supplier with shipments rising over 42 percent month-on-month to US$178.75 million, accounting for nearly 36 percent of the total. Imports from India also surged by 62.77 percent, reaching US$33.84 million. Germany and Russia posted triple-digit growth. Meanwhile, shipments from Japan and the USA declined 15.48 percent and 42.55 percent respectively.
See also: Automotive Industry in Vietnam
Vietnam parts and accessories of motor vehicles imports, March, US$ millions
March | February | MoM | YTD | % of Total | |
Total | 480.83 | 411.72 | 16.78% | 1,265.99 | 100.00% |
Other | 8.84 | 8.51 | 3.92% | 25.44 | 2.01% |
China | 178.75 | 125.39 | 42.56% | 452.45 | 35.74% |
South Korea | 85.39 | 86.00 | -0.71% | 251.45 | 19.86% |
Thailand | 64.21 | 64.56 | -0.55% | 175.78 | 13.88% |
Japan | 49.75 | 58.85 | -15.48% | 141.47 | 11.18% |
Indonesia | 33.56 | 28.64 | 17.17% | 81.25 | 6.42% |
India | 33.84 | 20.79 | 62.77% | 79.72 | 6.30% |
Germany | 9.31 | 4.06 | 129.25% | 15.68 | 1.24% |
Netherlands | 4.54 | 3.92 | 15.68% | 11.72 | 0.93% |
USA | 2.61 | 4.54 | -42.55% | 8.26 | 0.65% |
Turkey | 2.56 | 1.82 | 41.18% | 6.02 | 0.48% |
Philippines | 2.02 | 1.71 | 18.07% | 5.50 | 0.43% |
Malaysia | 1.94 | 1.59 | 21.85% | 4.95 | 0.39% |
Russia | 2.40 | 0.49 | 385.79% | 2.92 | 0.23% |
Italy | 0.40 | 0.45 | -11.80% | 1.30 | 0.10% |
Brazil | 0.00 | 0.07 | -100.00% | 0.87 | 0.07% |
Spain | 0.23 | 0.30 | -25.01% | 0.68 | 0.05% |
Belarus | 0.49 | 0.03 | 1756.96% | 0.51 | 0.04% |