Car imports decrease sharply in first 2 months

March 03, 2024

On a yearly basis, these figures represented represented declines of 51.3 per cent in volume and 54.9 per cent in value compared to the same period last year. The total number of imported CBU cars was estimated to reach 12,955 units in the first two months with a value of $262 million, down 51.6 per cent in volume and 54.3 per cent in value year-on-year. The most imported cars were those with nine seats or less with 3,587 cars, turnover of $61.86 million. The majority of imported cars continued to originate from Asia, with notable import markets such as Indonesia and Thailand. Last year, the country imported 118,942 CBU worth $2.83 billion, down 31.5 per cent in volume and 26.3 per cent compared to 2022.

The source of this news is from Vietnam News

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