Excluding tax, the average price of a car imported from China is VND1 billion/unit
Sketch by T.Bình |
According to the General Department of Vietnam Customs, in June 2022, the number of CBU cars of all kinds imported to Vietnam was 12,901 units, decreasing by 7.2% compared to the previous month.
Generally, in the first six months of the year, the number of imported CBU cars of all kinds is 63,731 units, a decrease of 21.4%, corresponding to a decrease of 17,352 units over the same period last year.
CBU cars of all kinds imported to Vietnam are mainly cars with 9 seats or less with 49,050 units, declining by 9.3%, corresponding to a decrease of 5,004 units.
Followed by trucks with 8,988 units, reducing by 53%, equaling to a decrease of 10,138 units; other cars were 5,586 units, down 27.9%, corresponding to a decrease of 2,161 units over the same period in 2021. In particular, for cars with over 9 seats, Vietnam only imported 107 units in six months.
In terms of the market, CBU cars of all kinds imported to Vietnam mainly originate from Thailand, Indonesia and China.
Accordingly, imports from Thailand were 27,427 units, with a turnover of US$553 million, decreasing by 32.2% in volume, reducing by about 27% in turnover compared to the same period in 2021.
Imports from Indonesia is 20,284 units with a turnover is US$285.53 million, reducing by 12.1% in volume, only slightly declining by US$1.5 million in turnover compared to the same period in 2021.
Imports from China is 10,892 units with a turnover of US$443.4 million, decreasing by nearly 5% in volume, but increasing in turnover by 4.4% compared to the same period last year.
Regarding the average value of the three major markets, cars imported from China have the highest price of US$40,710 (about VND950 million/unit) excluding tax. While from Thailand is US$20,163/unit; from Indonesia is US$14,077/unit.
CBU cars imported from China are mainly trucks and specialized vehicles, so the average value is higher than the other two markets in Southeast Asia (with the main line of cars with 9 seats or less).
Related News
Spending over US$2 billion to import nearly 100 thousand cars
15:02 | 28/08/2024 Import-Export
Customs revenue in Quarter 1 decreases by 3% year-on-year
09:31 | 10/04/2024 Customs
Use outdated vehicles or off-load vehicles to transport illegal sugar
19:05 | 17/12/2023 Anti-Smuggling
Stopping 14 trucks illegally carry 50 tons of sugar
09:43 | 31/10/2023 Anti-Smuggling
Latest News
Many factors affecting tuna exports in the last months of the year
19:38 | 02/11/2024 Import-Export
Vietnam still dominates Philippine rice import
19:36 | 02/11/2024 Import-Export
Vietnam cements ties with partners to engage in global semiconductor, AI industries
19:35 | 02/11/2024 Import-Export
Aquatic exports expected to rise in year-end despite challenges
19:33 | 02/11/2024 Import-Export
More News
Trade Defense: The Key to Success for Vietnamese Businesses
10:39 | 02/11/2024 Import-Export
Lao Cai Customs sees a triple-digit surge in export-import turnover
10:37 | 02/11/2024 Import-Export
Coconut is expected to become a billion-dollar export item
16:40 | 01/11/2024 Import-Export
Plastic exporters interested in converting to recycling technology
16:36 | 01/11/2024 Import-Export
Logistics sector must embrace innovative trends to stay competitive
16:34 | 01/11/2024 Import-Export
Vietnam’s agro-forestry-aquatic product exports likely to set new record
16:32 | 01/11/2024 Import-Export
UKVFTA greatly benefits Vietnam-UK trade: Experts
14:19 | 31/10/2024 Import-Export
Agricultural exports likely to exceed 60 billion USD amid challenges
14:18 | 31/10/2024 Import-Export
Vietnam-Philippines trade likely to exceed 8 billion USD for first time
14:17 | 31/10/2024 Import-Export
Your care
Many factors affecting tuna exports in the last months of the year
19:38 | 02/11/2024 Import-Export
Vietnam still dominates Philippine rice import
19:36 | 02/11/2024 Import-Export
Vietnam cements ties with partners to engage in global semiconductor, AI industries
19:35 | 02/11/2024 Import-Export
Aquatic exports expected to rise in year-end despite challenges
19:33 | 02/11/2024 Import-Export
Trade Defense: The Key to Success for Vietnamese Businesses
10:39 | 02/11/2024 Import-Export