Vietnam imports nearly 23,000 CBU cars in November
Vietnam spent approximately US$468 million importing 22,736 completely built unit (CBU) cars in November, an increase of 58.8% in volume and 46.7% in value over the previous month, according to statistics released by the General Department of Vietnam Customs.
The number of CBU cars imported in November also represents an all-time high, while November was also the first month ever to see the number of imported cars exceed 20,000 units.
During the past 11 months of the year, the country imported 151,590 CBU cars worth US$3.4 billion, an increase of 4.7% in volume and 5.7% in turnover against the same period from last year.
The import results over the reviewed period are roughly equivalent to the entire year's record number. In 2021, the country spent US$3.65 billion on importing nearly 160,000 CBU cars.
With regard to the automobile import market, Indonesia represents the largest supplier of automobiles to the Vietnamese market with 63,987 vehicles worth US$934.4 million.
Thailand still leads the way among regional countries in turnover with US$1.2 billion, equivalent to 61,101 vehicles, followed by China with US$670 million, mainly trucks and specialized cars.
Most notably, the country imported 141,328 vehicles from the three markets, accounting for 93.23% of the total number of imported CBU cars of the entire nation.
