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.

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Vietnam motor vehicle imports, February 2025, US$ millions

February% TotalJanuaryMoMYTD
Total377.62100.00%163.19131.40%537.94
Other27.027.16%6.82296.01%33.85
Thailand124.8733.07%32.54283.70%157.42
China101.3126.83%72.7039.36%171.13
Indonesia97.4725.81%38.04156.27%135.51
Japan13.993.70%8.0773.36%22.06
Russia6.201.64%1.95218.38%8.15
Germany4.191.11%0.88375.16%5.07
UK2.070.55%1.2466.81%3.31
Austria0.280.07%0.000.00%0.28
USA0.220.06%0.44-50.98%0.66
South Korea0.000.00%0.51-100.00%0.51

See also: How to Start an Import Business in Vietnam

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