Spending more than $1 billion to import automobiles in four months

Despite suffering a decline compared to March, the volume of completed built-up (CBU) in April was still high.

CBU, import turnover, thailand, china, indonesia, imports, automobiles
Total volume of imported automobiles of the whole country from three main markets and others in the first four months in 2021. Sketched by T.Bình

In the first four months, Vietnam imported 50,161 CBU units of all kinds, with a total turnover of $1.12 billion, increasing by 56.5% in volume and 58.2% in turnover from the same period in 2020.

In terms of markets, Thailand, Indonesia and China dominated.

Thailand continued to claim the top spot with 25,732 vehicles and turnover of $474.8 million. Next is Indonesia with 13,873 vehicles, turnover of $172.8 million and China with 6,633 vehicles, turnover of $247 million.

With a total of 46,238 cars, the three main markets accounted for 92.2% of total imported cars.

The number of cars imported from the above three countries all increased sharply, but the number of imported cars from the Chinese market skyrocketed up to 480% over the same period in 2020 (only 1,143 vehicles in the same period last year).

By Thái Bình/Thanh Thuy

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