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In 11 months of 2022, the number of CBU cars imported into Vietnam was nearly 3,300 cars higher than in the whole year of 2021.

According to the latest data released by the General Department of Customs, the volume of CBU cars imported into Vietnam in the first half of December was 11,769 vehicles of all kinds, with a total turnover of more than 219 million USD.

Compared to the same period last month, imported CBU cars decreased by 25.8% in volume and 28.2% in value of turnover.

With 10,091 cars (9 seats or less) are still the main imported products of the Vietnamese auto market, accounting for 85.7% of the proportion of all cars imported in CBU in the first half of December. This group also achieved an import turnover of nearly 175 million USD, equivalent to an average of more than 17,300 USD/car.

The number of cars with over 9 seats imported in the same period was 153 cars with a total turnover of more than 3.6 million USD, while transport trucks were imported with 1,109 vehicles, with a total value of more than 21 million USD.

Notably, the whole Vietnamese market only imported 160,035 cars when 2021 ended. Although there are still two weeks to enter the new year, it can be confirmed that the number of CBU cars imported into Vietnam in 2022 will be higher than what was recorded last year.

Although the number of imported CBU cars is higher than in 2021, car manufacturers in Vietnam have prepared plans to assemble domestically many popular models such as Veloz Cross, Avanza Premio of Toyota or other models. BMW cars distributed by Thaco. Among them, two popular MPV models in the domestic version of Toyota are ready and will be handed over to Vietnamese customers as soon as possible.

Source: Phuc Hau 22 December 2022

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