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Saturday, February 4, 2023

Vietnam imports over 163,000 CBU cars this year

The Saigon Times

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HCMC – Vietnam had spent US$3.62 billion importing 163,333 completely-built-up (CBU) cars in the year to December 15, surpassing 2021’s full-year figure of nearly 160,000 units, according to statistics released by the General Department of Vietnam Customs.

Last month, the number of CBU cars shipped to the country reached an all-time high of over 22,700, surging nearly 59% month-on-month. The first half of December saw 11,769 CBU units imported to the country, with a total value of over US$219 million.

Between January and November, Indonesia, Thailand and China were the top three suppliers of CBU cars for the Vietnamese market. Of them, Indonesia surpassed Thailand to become Vietnam’s largest CBU supplier, exporting close to 64,000 CBU units worth roughly US$934 million to Vietnam during the 11-month period.

Thailand exported more than 61,100 CBU cars, worth US$1.2 billion, to Vietnam during the given period, followed by China with 16,240 units valued at US$670 million.

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