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Vietnam’s motor vehicle imports surge 131.40 percent in February 2025

Vietnam’s motor vehicle imports saw a sharp increase of 131.40 percent month-on-month in February, reaching US$377.62 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$537.94 million, reflecting strong demand.

Thailand led as the largest supplier, with imports surging 283.70 percent to US$124.87 million, accounting for 33.07 percent of the total. China followed with US$101.31 million, up 39.36 percent, while Indonesia recorded a 156.27 percent increase to US$97.47 million.

Japan’s exports to Vietnam rose by 73.36 percent to US$13.99 million, while Russia and Germany posted significant increases of 218.38 percent and 375.16 percent, respectively. Meanwhile, the USA saw a sharp decline of 50.98 percent, dropping to US$215,641.

See also:

Vietnam motor vehicle imports, February 2025, US$ millions

February % Total January MoM YTD
Total 377.62 100.00% 163.19 131.40% 537.94
Other 27.02 7.16% 6.82 296.01% 33.85
Thailand 124.87 33.07% 32.54 283.70% 157.42
China 101.31 26.83% 72.70 39.36% 171.13
Indonesia 97.47 25.81% 38.04 156.27% 135.51
Japan 13.99 3.70% 8.07 73.36% 22.06
Russia 6.20 1.64% 1.95 218.38% 8.15
Germany 4.19 1.11% 0.88 375.16% 5.07
UK 2.07 0.55% 1.24 66.81% 3.31
Austria 0.28 0.07% 0.00 0.00% 0.28
USA 0.22 0.06% 0.44 -50.98% 0.66
South Korea 0.00 0.00% 0.51 -100.00% 0.51

See also: How to Start an Import Business in Vietnam

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