Imported cars reach highest level since 2010

The volume of imported cars with 9 seats or less in October 2015 reached the highest level since January 2010.

Preliminary statistics from the General Department of Customs show that the import volume of all types of completely built-up cars in October 2015 was 13,960 units, up 62.7%, the import value was 230 million USD, up 17.1% compared to the previous month. Of which, the import volume of cars with 9 seats or less reached 7,580 units - the highest level since January 2010, up 115% compared to the previous month and accounting for 55% of the total imported volume of all types of completely built-up cars in the month.

Chart: Changes in the volume of imported complete cars of all types in Vietnam from January to October 2015

Source: General Department of Customs.

From the beginning of the year to the end of October 2015, the number of imported cars of all types was 97,320 units, an increase of 88.1%; the value was 2.33 billion USD, a sharp increase of 101.8% compared to the same period in 2014.

China is the main market supplying completely built-up cars of all kinds to Vietnam in the first 10 months of 2015 with 21,050 units, a sharp increase of 115%; followed by South Korea: 20,790 units, an increase of 59.3%; Thailand: 20,330 units, an increase of 89.8%; India: 17,540 units, an increase of 104.2% ... compared to the same period in 2014.

In the past 10 months of 2015, Vietnam imported nearly 38,680 complete cars with 9 seats or less, an increase of 69.7%; the value reached 417 million USD, a sharp increase of 50% compared to the same period in 2014.

In particular, in the past 10 months, the leading market supplying cars with 9 seats or less to Vietnam was India (origin India) with 17.49 thousand units, accounting for 45% of the total imported cars of this type in the country and increasing by 105% compared to 10 months of 2014. Next was the Korean market with 8.29 thousand units, increasing by 38.9%; the Thai market with 4.76 thousand units, increasing by 111%; the Japanese market with 3.34 thousand units, increasing by 47.9% compared to 10 months of 2014./

According to VOV.VN