The Great Chinese Car Influx into Vietnam: Outpacing Thai Imports

According to the General Department of Vietnam Customs, in the first month of the year, the total number of imported Chinese cars to Vietnam reached 2,595 units, with a value of nearly 73 million USD.

This figure has pushed China past Thailand as the second-largest provider of imported cars to the Vietnamese market.

In the same period, the number of cars originating from Thailand that completed customs clearance procedures in Vietnam was 1,631 units, with a value of over 135 million USD.

Indonesia remains the top exporter of cars to Vietnam. The report from the General Department of Vietnam Customs shows that in the first month, the number of completely built-up (CBU) cars imported from Indonesia was 2,621 units, with a value of over 38 million USD.

Thus, the supply of imported cars in Vietnam is mainly supplemented by Indonesia and China. These two countries provided a total of 5,216 imported cars to the Vietnamese market, equivalent to more than 72% of the total production of 7,226 imported cars in the first month.

Also, according to the General Department of Vietnam Customs, the number of imported cars to Vietnam in the first month increased by 7.7% in volume and 17% in value compared to the same period last year.

Last year, the total number of completely built-up (CBU) imported cars in Vietnam reached 173,561 units, with a value of over 3.6 billion USD.

Imported cars are also favored by many Vietnamese customers. The sales report provided by the Vietnam Automobile Manufacturers’ Association (VAMA) shows that in 2024, Vietnamese customers purchased a total of 167,412 imported cars, a growth of 39% compared to the previous year.

In the first month of this year, the sales of imported cars in Vietnam also saw a slight increase of 3% compared to the same period last year. According to VAMA, imported car sales in January reached 9,773 units.

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