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Vietnam’s imports of parts and accessories for motor vehicles up 1 percent in December

Vietnam imported US$478.98 million worth of parts and accessories for motor vehicles in December 2024, a modest 1.01 percent increase compared to November, according to data from Vietnam’s General Department of Customs. Year-to-date imports in this category reached US$4.86 billion.

China led the imports with US$170.04 million, registering a significant 17.07 percent growth month-on-month. Thailand and Indonesia also recorded notable increases, with imports rising by 14.14 percent and 21.22 percent, respectively. Imports from Germany grew by 21.80 percent, reaching US$3.03 million.

Conversely, imports from South Korea and India fell by 22.14 percent and 12.55 percent, respectively. The USA and the Netherlands recorded the steepest declines, with imports dropping by 54.16 percent and 36.83 percent, respectively. Imports from the Philippines experienced the highest growth, surging 55.56 percent to US$2.72 million.

See also: Automotive Industry in Vietnam

Vietnam import data for parts and accessories of motor vehicles in December 2024 US$

DecemberNovemberMoMYTD
Total478,983,075474,202,7411.01%4,864,076,364
Other14,747,80117,858,226-17.42%206,660,829
China170,039,223145,242,40517.07%1,405,971,953
South Korea91,474,531117,481,400-22.14%1,054,972,773
Thailand68,105,30459,669,39214.14%691,256,533
Japan51,977,45148,970,9096.14%577,959,670
Indonesia35,738,05829,482,86021.22%324,547,060
India35,521,55340,621,495-12.55%423,793,196
Germany3,033,1202,490,32721.80%45,915,065
USA2,892,0546,309,028-54.16%51,718,764
Netherlands2,734,4254,328,454-36.83%47,896,192
Philippines2,719,5551,748,24555.56%33,384,329

See also: How to Start an Import Business in Vietnam

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