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 |